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Export Market

Taiwan

ISO: TW / TWN

Country Profile

Capital Taipei
Population 23.3M
Currency New Taiwan dollar (TWD $)
Language Chinese
Timezone UTC+08:00
Region Asia · Eastern Asia

Trade Partners

Taiwan Exports To

  • China 20.0%
  • USA 17.0%
  • Hong Kong 13.0%
  • Singapore 9.0%
  • Japan 7.0%

Key exports: integrated circuits, machine parts, broadcasting equipment, computers, plastics (2023)

Taiwan Imports From

  • China 21.0%
  • Japan 13.0%
  • USA 11.0%
  • S. Korea 9.0%
  • Australia 5.0%

Key imports: integrated circuits, crude petroleum, machinery, natural gas, coal (2023)

Economic Overview

high-income East Asian economy; most technologically advanced computer microchip manufacturing; increasing Chinese interference threatens market capabilities; minimum wages rising; longstanding regional socioeconomic inequality

Government: semi-presidential republic

UK Trade Status

No FTA

There is currently no free trade agreement between the UK and Taiwan. Standard WTO terms apply.

Trade Barriers

4 active barriers affecting UK exporters

UK application for Taiwanese recognition of Highly Pathogenic Avian Influenza (HPAI) regionalisation

If there is an outbreak of Highly Pathogenic Avian Influenza (HPAI) in the UK, Taiwan's animal health authority will stop UK poultry product exports. The UK submitted the HPAI regionalisation application in 2019, which requests for continuity or early resumption …

Sectors: Agriculture, horticulture, fisheries and pets

Reported: 15 Mar 2021

Mutual recognition of organic equivalence

Before May 2020, Taiwan unilaterally recognised UK organic standards, allowing UK organic products to be sold to Taiwan. However, Taiwan’s Organic Agriculture Promotion Act, effective since May 2020, states that Taiwan will only recognise organic products from markets that reciprocally …

Sectors: Agriculture, horticulture, fisheries and pets, Food and drink

Reported: 18 Jan 2021

Market access application for UK lamb exports to Taiwan

UK is currently applying for lamb import to Taiwan. Following Taiwan granting market access of UK pork in August 2018, we continue to pursue market access for lamb, among other agricultural products. The UK lamb application was submitted in September …

Sectors: Agriculture, horticulture, fisheries and pets, Food and drink

Reported: 7 Aug 2019

UK working vessels in Taiwan offshore wind farm need permits

UK working vessels are only able to operate in Taiwan’s offshore wind farm with specific permits from the Maritime Port Bureau (MPB) at the Ministry of Transport and Communication (MoTC). However, the permit application process is lengthy and the availability …

Sectors: Energy, Maritime

Reported: 9 May 2019

Geographic Region

Asia Pacific

Export Guidance

Relevant guidance for exporting to Taiwan.

Start Your Export Journey

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Also in This Region

🇦🇺 Australia FTA 🇧🇳 Brunei 🇰🇭 Cambodia 🇫🇯 Fiji FTA 🇮🇩 Indonesia 🇯🇵 Japan FTA 🇱🇦 Laos 🇲🇾 Malaysia

Official Resources

Government export support for Taiwan.

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