Wisconsin and Taiwan

  • Building on Strong Trade Ties

    In 2015, Wisconsin’s exports to Taiwan reached $184 million. Taiwan is Wisconsin’s 7th largest export market in Asia, and 21st largest export market in the world.

  • Growing a Key Agriculture Market

    Taiwan is a leading importer of U.S. agricultural goods, and regularly dispatches agricultural procurement missions to the U.S. to sign multi-billion dollar supply deals. In 2011, The Taiwan Agricultural Trade Goodwill Mission visited Wisconsin and signed a letter of intent to purchase $1.61 billion to $1.73 billion worth of U.S. soybeans in 2012 and 2013.

    These robust patterns show that Wisconsin’s farmers would enjoy immediate benefits from the signing of a free trade agreement with Taiwan, which would eliminate tariffs on most agricultural and industrial products and increase Taiwanese demand for U.S. agricultural products.

  • Bringing New Trade and Investment Home


    The machinery manufacturing and IT industries as well as many other sectors important to Wisconsin’s economy are poised to benefit from partnership with Taiwan. Wisconsin has also attracted investment from several Taiwanese companies, including Johnson Health Tech North America, but there is significant potential for Taiwanese enterprises to boost investment and create jobs in Wisconsin 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.

  • 2015 Wisconsin Exports to Taiwan

    PRODUCT

    VALUE (Million USD)

    %

    Machinery, except Electrical

    $46.89

    25.5%

    Paper

    $30.48

    16.6%

    Computer and Electronic Products

    $22.33

    12.1%

    Electrical Equipment, Appliances & Components 

    $16.67

    9.1%

    Others

    $67.59

    36.7%


  • Forging a Stronger Partnership for Growth

    Vibrant Wisconsin-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.

Wisconsin and Taiwan Trade Facts

  • 7th largest export market of Wisconsin in Asia is Taiwan
  • $184 million: Wisconsin'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- Wisconsin 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