Taiwan
On this page you will find beneficial information regarding foreign direct investment in / trading with Taiwan. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.
It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.
Type of Government: Semi-Presidential Republic
Population: 23.319 million (2022)
GDP: 760.46 billion USD (2022)
Corporate Tax Rate: 20%
Personal Income Tax Rate: 40%
Major Exports: Integrated Circuits ($223B), Office Machine Parts ($26.4B), Computers ($16B), Refined Petroleum ($14.9B), and Broadcasting Equipment ($13.2B), exporting mostly to China ($121B), United States ($82.6B), Hong Kong ($65.8B), Singapore ($38.6B), and Japan ($34.9B).
Major Imports: Integrated Circuits ($80.9B), Crude Petroleum ($37B), Machinery Having Individual Functions ($21B), Petroleum Gas ($19.6B), and Coal Briquettes ($15.7B), importing mostly from China ($79.9B), Japan ($50.1B), United States ($41B), South Korea ($28.4B), and Australia ($24.1B).
