Maine and Taiwan

  • Building on Strong Trade Ties

    In 2015, Maine’s exports to Taiwan reached $47.2 million, a 148.3% growth from 2014. Taiwan is Maine’s 8th largest export market in Asia, and 18th largest export market in the world. Maine companies have substantial opportunities to expand their business and cooperation with Taiwan.

  • Growing a Market for Paper and High-Tech Industries

    Like Maine, Taiwan is rapidly developing its biotech, medical devices and pharmaceutical industries. Enhancing trade ties with Taiwan will help Maine increase its biotech and other hi-tech exports to Taiwan and promote bilateral cooperation in innovation. Taiwan’s hi-tech sectors can effectively integrate R&D operations and supply chains stretching from Maine, via Taiwan, into Mainland China and Southeast Asia.

  • Investing in Jobs and the Economy in the Pine Tree State


    The computer and electronics, paper, and precision machinery industries as well as many other sectors important to the Maine economy are poised to benefit from partnership with Taiwan. Maine has also attracted investment from several Taiwanese companies, primarily in the export-import business and the restaurant industry, but there is significant potential for Taiwanese enterprises to boost investment and create jobs in Maine and vice versa.

    Maine companies have also invested in Taiwan, the main companies include:
    • Fairchild Semiconductor (via Hong Kong)
    • IDEXX Laboratories
    • Irving Tanning Co.
  • 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.

  • 2015 Maine Exports to Taiwan

    PRODUCT

    VALUE (Million USD)

    %

    Computer and Electronic Products

    $37.96

    80.4%

    Paper

    $2.21

    4.7%

    Primary Metal MFG 

    $1.54

    3.3%

    Waste % Scrap 

    $1.4

    3.0%

    Others

    $4.08

    8.6%


  • Forging a Stronger Partnership for Growth

    Vibrant Maine-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.

Maine and Taiwan Trade Facts

  • 8th largest export market of Maine in Asia is Taiwan
  • $47.2 million: Maine's exports to Taiwan in 2015
  • 148.3%: Growth in Maine exports to Taiwan from 2014 to 2015

Trade and Investment Factsheet

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


Business Contacts

Taipei Economic Cultural Office in Boston

  • 99 Summer Street
    Suite 801 Boston, MA 02110
  • Tel: (617) 737-2050
  • Fax: (617) 737-1260
  • teco@tecoboston.org

  • Taiwan External Trade Development Council


    U.S. Commercial Service