Largest U.S. importer of Taiwanese agricultural products

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  • By Yang Yuan-ting and Jake Chung/staff reporter, with a staff writer

The United States became Taiwan’s largest market for agricultural exports for the first time, with outbound shipments in the first quarter up 33.3% to $23.2 million year on year. previous year, the Council for Agriculture (COA) announced yesterday.

The council’s latest report showed that the top five importers of Taiwanese agricultural products, totaling 450,000 tons, in the first three months of this year were, in descending order, the United States, Japan, China, Hong Kong and Vietnam.

China was the biggest importer of Taiwanese products from 2013 to last year. However, its share in Taiwan’s agricultural exports fell to 14.4 percent in the first quarter of this year from 21.1 percent a year earlier.

Photo: AFP

While first-quarter agricultural exports by volume fell 11.6% from a year earlier, the total export value, adjusted for inflation, was similar to the same period last year, the council said.

First-quarter exports to the United States jumped 48.7% to 75,742 tonnes from a year earlier, according to council data.

In particular, exports to the United States of soybeans, mushrooms, fresh and chilled produce, honey, Oncidium flexuosum orchids, moth orchids, sea bass and mackerel have all recorded significant growth, it said. the board.

Outbound shipments of agricultural products used in the hand-shaken beverage industry, such as tea leaves, tapioca flour, and pineapple and mango juices also saw strong growth, he said. added.

Pineapple juice exports jumped 440.5 percent to 72 tons, while mango juice exports jumped 191.6 percent to 280 tons, he added.

Meanwhile, exports to Japan rose 16.6% to $2.07 million in the first three months of this year, according to council data.

The council expects first-half agricultural exports to follow the first-quarter trend, said Lin Chia-jung (林家榮), director of COA’s international division, as the COVID-19 pandemic continues to affect logistics and transportation.

An upcoming trade initiative meeting with the United States is expected to further flesh out bilateral trade regulations, such as setting a science-based and risk-based standard, and benefit bilateral agricultural trade, he added.

Lin was referring to the talks on the Taiwan-US 21st Century Trade Initiative, to be held in Washington later this month.

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