New York and Taiwan

  • Building on Strong Trade Ties

    In 2016, New York’s exports to Taiwan reached $637.4 million. Taiwan is New York’s th largest export market in Asia, and 19th largest export market in the world. New York companies have substantial opportunities to expand their business and cooperation with Taiwan.

  • Growing a Key Market for Innovation

    Like New York, Taiwan is rapidly developing its biotech, medical devices and pharmaceutical industries. Enhancing trade ties with Taiwan will help New York 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 New York, via Taiwan, into Mainland China and Southeast Asia. New York also has a long history of investment in Taiwan since the 1970s. Both multinational companies from New York, such as Corning, IBM and Citigroup, and New York-based small and medium-sized enterprises such as Veeco, WebHouse, Hickies all have successful investment projects in Taiwan.

  • Bringing New Trade and Investment Opportunities to the Great State of New York

    New York has attracted the investment of more than three hundred Taiwanese companies throughout the years, from major Taiwanese company China Airlines to small and medium sized enterprises which have also made a significant investment and created jobs in the state of New York. Almost all the Taiwanese commercial banks have branch offices in New York, and a significant number of textile companies have set up branch office to handle production with big garment companies located in New York. Some innovative Taiwanese companies that have set up shop in New York include:

    • Twinkle by Wen Lan: A Taiwanese fashion-designed company
    • Jamco Co.: Aerospace spare parts
    • Taida Orchid Farm: Orchid flower and potted plants
    • Haute Joaillerie: Haute jewelry by Anna Hu
    • Rainforest: High-end garments
  • 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 Swiss-based International Institute for Management Development's (IMD) 2012 World Competitiveness Yearbook ranked Taiwan seventh in the world in terms of overall competitiveness and fifth in government efficiency. 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 New York Exports to Taiwan

    PRODUCT

    VALUE (Million USD)

    %

    Machinery, except electrical

      $235.32    

    36.9%

    Computer and Electronic Products

    $70.41

    11.0%

    Transportation equipment

    $57.51

    9.0%

    Chemicals

    $56.36

    8.8%

    Others

    $217.88

    34.2%


  • Forging a Stronger Partnership for Growth

    Vibrant New York-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.

New York and Taiwan Trade Facts

  • 7th largest export market of New York in Asia is Taiwan
  • $637.4 Million: New York's exports to Taiwan in 2016

Trade and Investment Factsheet

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

Business Contacts

Taipei Economic Cultural Office in New York, Investment & Trade Office


Taiwan Trade Center New York


Taiwan External Trade Development Council


U.S. Commercial Service