West Virginia and Taiwan

  • Building on Strong Trade Ties

    In 2016, West Virginia’s exports to Taiwan reached $29.59 million. Taiwan is West Virginia’s 8th largest export market in Asia. West Virginia companies have substantial opportunities to expand their business and cooperation with Taiwan.

  • Growing a Key Market for Innovation

    Agribusiness and mining are among the leading industries in West Virginia. 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. For example, the value of the 2005 purchase agreement in West Virginia exceeded $3.1 billion. In 2007, Taiwan signed a letter of intent to purchase an additional $425 million of agricultural products. These robust patterns show that West Virginia’s farmers would enjoy immediate benefits from enhancing trade ties with Taiwan.

  • Bringing New Trade and Investment Home


    The IT and chemicals manufacturing industries as well as many other sectors important to the West Virginia economy are also poised to benefit from partnership with Taiwan. West Virginia has also attracted investment from several Taiwanese companies, but there is significant potential for Taiwanese enterprises to boost investment and create jobs in West Virginia and vice versa.
  • 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 West Virginia Exports to Taiwan

    PRODUCT

    VALUE (Million USD)

    %

    Chemicals

    $23.17

    78.3%

    Computer & Electronic Products 

    $1.47

    5.0%

    Primary Metal

    $1.02

    3.5%

    Nonmetallic Mineral Products 

    $0.96

    3.3%

    Others

    $2.97

    10.0%








  • Forging a Stronger Partnership for Growth

    Vibrant West Virginia-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.

West Virginia and Taiwan Trade Facts

  • 8th largest export market of West Virginia in Asia is Taiwan
  • $29.59 million: West Virginia's exports to Taiwan in 2016
  • 10th: Taiwan ranking in bilateral trade with The U.S. in 2016

Trade and Investment Factsheet

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



Business Contacts

Taipei Economic Cultural Representative Office, Commercial Division

  • 4301 Connecticut Ave, NW Suite 420
    Washington, D.C. 20008
  • Tel: (202) 686-6400

Taiwan External Trade Development Council


U.S. Commercial Service