South Carolina and Taiwan

  • Building on Strong Trade Ties

    In 2016, South Carolina’s exports to Taiwan reached $268.7 million, a 22% increase from 2015. Taiwan is South Carolina’s 8th largest export market in Asia. South Carolina companies have substantial opportunities to expand their business and cooperation with Taiwan.

    On February 14, 2013, South Carolina’s State Senate voted for a resolution supporting the United States to sign a free trade agreement (FTA) with Taiwan. South Carolina’s businesses would enjoy immediate benefits from the signing of a free trade agreement between U.S. and Taiwan, which would eliminate tariffs on most industrial products and increase Taiwanese demand for U.S. goods.

  • Investing in Jobs and the Economy of the Palmetto State

    Taiwanese companies have been investing in jobs across South Carolina through heavily investing in manufacturing plants and distribution centers. In 2011, foreign investment in South Carolina was responsible for 7.6 percent of the state's total private-industry employment.

    Nanya Plastics, for example, not only invests in jobs in the state through high value added and high quality Polyester plants, but also invests in the environmental conservation of Lake City, where their plant is located. Other Taiwanese companies investing in South Carolina include:
    • TECO Electric and Machinery Co., Ltd. uses Spatranburg as one of their warehouse location selling and distributing motors.
    • Harlin Plastic set up their Worldwide Recycling, a plastic recycling plant, at Cayce.
    • Hotatech established a distribution center in Seneca.
  • 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 South Carolina Exports to Taiwan

    PRODUCT

    VALUE (Million USD)

    %

    Fabricated Metal Products

    $126.72

    47.2%

    Chemicals

    $25.14

    9.4%

    Paper

    $24.84

    9.2%

    Food Manufactures

    $19.18

    7.1%

    Others

    $72.83

    27.1%


  • Forging a Stronger Partnership for Growth

    Vibrant South Carolina-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.

South Carolina and Taiwan Trade Facts

  • 8th largest export market of South Carolina in Asia is Taiwan
  • $268.7 million: South Carolina's exports to Taiwan in 2016
  • 22.0% Growth in South Carolina exports to Taiwan from 2015 to 2016

Trade and Investment Factsheet

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

Business Contacts

Taipei Economic Cultural Office in Atlanta, Commercial Division

  • 1180 West Peachtree Street
    Suite 810, Atlanta Center Plaza
    Atlanta, GA 30309
  • Tel: (404) 892-5095
  • Fax: (404) 892-6555

Taiwan External Trade Development Council


U.S. Commercial Service