International Trade in Taiwan

International Trade in Taiwan

After almost five decades of sound economic management, Taiwan has managed to go from an underdeveloped agricultural island, to an economic power that is a leading producer of high-technology goods.Taiwan has a dynamic capitalist economy in which the authorities' control of investment and... Read more

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Market Analyses About Taiwan (190)

Import and Export Services in Taiwan (431)

  • H. B. Lin Notary Public Office Taipei

    H. B. Lin Notary Public Office Taipei

    Notary Services , Taiwan

    H. B. Lin Notary Public Office is a Chinese/English bilingual notary firm duly registered at Taiwan Shihlin District Court. Our mission...
  • USBCT BUSINESS ENGLISH &  COACHING

    USBCT BUSINESS ENGLISH & COACHING

    Language Training, Taiwan

    Office Address: 8F.-3, No.150-3, Sec. 6, Minquan E. Rd., Neihu Dist., Taipei City 11466, Taiwan(R. O....

Business Tips About Taiwan (18)

Agents and Distributors in Taiwan (32)

  • R and S Pet Product Sourcing

    R and S Pet Product Sourcing

    Sourcing Services, Taiwan

    R and S Pet Product Sourcing speacializes in sourcing any products pet related in the greater China area. We can handle OEM/ODM orders,...
  • EVERWIN, INC.

    EVERWIN, INC.

    Business Administration, Taiwan

    EVERWIN, INC. is a professional manufacturer of gauges & instruments in Taiwan since 1981. We specialize in custom gauges for...

Overview About International Trade in Taiwan

Main Industry Sectors

The agricultural sector contributes very marginally to the GNP and employs 5% of the workforce. Taiwan's main crops are rice, sugarcane, fruits and vegetables. Taiwan has limited natural resources and croplands are cultivated intensely.

The secondary sector accounts for a significant part of the GNP. Even though traditional industries such as iron and steel, chemical products and mechanics still account for almost half the industrial production, new industries are more dynamic. Taiwan is one of the world's biggest suppliers of semi-conductors, computers and mobile telephones. It is also the world's biggest supplier of computer monitors.

Services contribute about 70% to the GDP and employ slightly under 60% of the workforce.
The country, which has to deal with the continuous relocation of labor-intensive industries to countries where labor is cheaper (especially China), will have to rely on new conversions, in order to move from a high-technology based economy to a services oriented economy.

 

Economic Overview

After almost five decades of sound economic management, Taiwan has managed to go from an underdeveloped agricultural island, to an economic power that is a le...

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