Under Secretary for Trade and Foreign Agricultural Affairs Luke J. Lindberg arrived in Taipei today to lead an agribusiness trade mission sponsored by the U.S. Department of Agriculture to expand market access and boost U.S. agricultural exports. The delegation includes 39agribusinesses and trade organizations, and representatives from three state departments of agriculture.
“On a per capita basis, Taiwan already punches above its weight in purchasing high-quality American agriculture, but we are here to showcase more of our amazing brands and food products. As a high-income economy Taiwanese consumers want nothing but the best and American producers are uniquely positioned to deliver on that demand,” said Lindberg. “We aim to lock in recent commitments that Taiwanese officials made to American producers and win new sales that will support family farms back home.”
Taiwan presents a prime opportunity for American producers, with a highly advanced consumer market, steady economic growth, innovative consumer technologies, and a desire to experience new food and agricultural products. It ranks as the eighth-largest market for U.S. agricultural exports worldwide, with the United States being the largest supplier of agricultural products on the island.
This trade mission comes on the heels of an announcement from Taiwanese officials who intend to increase purchases of several categories of U.S. agricultural products by 30% over the next four years. With a total export value of $3.8 billion in 2024, the United States enjoys a $3.1 billion agricultural trade surplus with Taiwan, illustrating the valuable opportunity this trade mission presents across many industries, including soybeans, corn, wheat, dairy, beef, fresh fruit, tree nuts, and more.
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