Michigan and Taiwan

  • Building on Strong Trade Ties

    In 2015, Michigan’s exports to Taiwan reached $249.8 million, making Taiwan Michigan’s 6th largest export market in Asia, and 22th largest export market in the world.

  • Growing a Small but Strong Manufacture Market in the Asia Pacific

    Though a small country with a population of 23 million, Taiwan has the potential to become a strong export market for Michigan. From 2012 to 2013, Taiwan imports from Michigan's largest merchandise exports grew steadily from 2012 to 2014, including chemicals (8% growth) and computer and electronic products (20%). These robust patterns show that Michigan’s companies would enjoy immediate benefits from the signing of a free trade agreement between Taiwan and the U.S., which would eliminate tariffs on most industrial products and increase Taiwanese demand and Michigan exports. Exports support over a quarter of all manufacturing workers in the state of Michigan.

  • Bringing New Trade and Investment Home


    Primary metal and chemicals manufacturing industries as well as many other sectors important to the Michigan economy are poised to benefit from partnership with Taiwan. Michigan has also attracted investment from several Taiwanese companies, but there is significant potential for Taiwanese enterprises to boost investment and create jobs in Michigan and vice versa. Leading Taiwanese companies that have invested in Michigan include: Liteon and Allied Technology, Inc.
  • 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 Michigan Exports to Taiwan

  • PRODUCT

    VALUE (Million USD)

    %

    Primary Metal

    $51.38

    20.6%

    Chemicals

    $44.8

    17.9%

    Machinery, except Electrical  

    $34.1

    13.7%

    Transportation Equipment

    $38.45

    15.4%

    Others

    $81.03

    32.4%

  • Forging a Stronger Partnership for Growth

    Vibrant Michigan-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.

Michigan and Taiwan Trade Facts

  • 6th largest export market of Michigan in Asia is Taiwan
  • $249.8 million: Michigan's exports to Taiwan in 2015
  • 9th: Taiwan's ranking in bilateral trade with the U.S. in 2015

Trade and Investment Factsheet

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

Business Contacts

Taipei Economic Cultural Office in Chicago, Economic Division

  • 180 N. Stetson Ave., Suite 5802
    Chicago, IL 60601
  • Tel: (312) 616-0120
  • Fax: (312) 616-1498
  • economic@chicagocd.org

Taiwan External Trade Development Council


U.S. Commercial Service