Louisiana and Taiwan

  • Building on Strong Trade Ties

    In 2016, Louisiana’s exports to Taiwan reached $292.28 million. Taiwan is Louisiana’s 10th largest export market in Asia. Louisiana companies have substantial opportunities to expand their business and cooperation with Taiwan.

  • Growing a Key Agriculture Market

    Agribusiness continues to be one of the leading industries in Louisiana. Taiwan is a leading importer of U.S. agricultural goods and the U.S. is the largest supplier of agricultural products to Taiwan. Taiwan regularly dispatches agricultural procurement missions to the U.S. to sign multi-billion dollar supply deals. These robust patterns show that Louisiana’s farmers would enjoy immediate benefits from the signing of a free trade agreement, which would eliminate tariffs on most agricultural and industrial products and increase Taiwanese demand for U.S. agricultural products.

  • Bringing New Trade and Investment Home
    Taiwanese entrepreneurs have made considerable investment in Louisiana, particularly the West Lake Group, Formosa Plastics and Nanya Corporation which began their business endeavors in petrochemical and plastic industries in the 1980s. There is significant potential for Taiwanese enterprises to continue to boost investment and create jobs in Louisiana.

  • Opening Up A Region of Opportunity

    Taiwan serves as an ideal partner for U.S. business in Asia. Taiwan has complete industrial supply chains, high concentration of industrial clusters, and a consolidated manufacturer base. The World Economic Forum ranked Taiwan's industrial cluster infrastructure first in the world in its "World Competitiveness Report 2014" for the ninth consecutive year. This is reflected in Taiwan's comprehensive protection of intellectual property rights, sound legal system, and modern infrastructure.

    Furthermore, the Economic Cooperation Framework Agreement (ECFA) signed between Taiwan and Mainland China in 2010 has opened up opportunities in Mainland China. Businesses can now collaborate with innovative Taiwanese companies and leverage ECFA to utilize Taiwan as a gateway to Mainland China and other fast-growing Asian markets.

  • 2016 Louisiana Exports to Taiwan

    PRODUCT

    VALUE (Million USD)

    %

    Agricultural Products

    $113.32

    38.8%

    Chemicals

    $112.49

    38.5%

    Primary Metal MFG

    $40.21

    13.8%

    Food Manufactures

    $13.97

    4.8%

    Others

    $12.29

    4.2%


  • Forging a Stronger Partnership for Growth

    Vibrant Louisiana-Taiwan relations hold great promise for both our companies and workers. We look forward to working together with you to forge a mutual partnership in prosperity.

Louisiana and Taiwan Trade Facts

  • 10th largest export market of Louisiana in Asia is Taiwan
  • $292.28 million: Louisiana's exports to Taiwan in 2016
  • 10th: Taiwan's ranking in trade with the U.S. in 2016

Trade and Investment Factsheet

Click here for your copy of the Taiwan-Louisiana trade and investment factsheet.



Business Contacts

Taipei Economic Cultural Office in Houston, Commercial Division

  • 11 Greenway Plaza, Suite 2006
    Houston, TX 77046
  • Tel: (713) 626-7445
    (713) 961-9785
  • Fax: (713) 961-9809

Louisiana Trade Office in Taipei

  • Taipei World Trade Center
    No.5.,Sec.5, Hsin-yi Rd. D-13, 7F
    Taipei 11011, Taiwan
  • Tel: +886-2-2723-1921
  • http://www.laato.org/

Taiwan External Trade Development Council


U.S. Commercial Service