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OUTLINE
Taiwan’s Economy
The Taiwan Advantage
TAITRA
Our Services
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Taiwan at a Glance
Population:
23 Million;
Size:
36,190 Sq. Km
roughly 4 million more residents
than Florida
Foreign Trade:
Total: US$571.8 Billion (2012)
17th largest trade economy worldwide
Export: US$301.1 Billion (2012)
Import: US$270.7 Billion (2012)
Foreign Exchange Reserves: US$408.5 Billion (2012) 6th
in the World
Main exports: electronics; flat panels; metals; textiles,
plastics, chemicals; optical, photographic, measuring,
and medical instruments
Main imports: electronics, machinery, crude petroleum,
precision instruments, organic chemicals, and metals
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Taiwan’s Global Competitiveness
World Economic Forum (WEF)
Global Competitiveness Report 2012~2013 (among 144 economies)
• 1st in “Inflation, annual % change ” under Macroeconomic environment
• 1st in “State of cluster development ” under Business sophistication
• 1st in “Fixed Telephone Lines” under Infrastructure Category
The TECH 100, 2011
8 Taiwanese Companies Listed (US 43; Japan 11; China 8; Brazil 6; India
6)
• 3rd in the world; 2nd in Asia
Business Environment Risk Intelligence (BERI)
Investment Environment Risk Assessment Report 2012
• 4th in Profit Opportunity Recommendation (among 50 countries); 2nd in
Asia
International Institute for Management (IMD)
The World Competitiveness Scoreboard 2012
• 4TH in Business Efficiency (among 59 countries)
The Economist Intelligence Unit (EIU)
2009-2013 Innovation Ranking
• 6th in the world (among 82 countries);
2nd in Asia
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Taiwan’s Top Global Brands
Total value for Top 20 brands amounted to US$12.41 billion in 2012.
2012
Log on: www.brandingtaiwan.org
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Taiwan’s Government Industry Focus
High-end
Agriculture
Tourism
Six Emerging
Industries
Green
Energy
Intelligent
Electric
Vehicle
Biotech
Culture &
Creation
Healthcare
Cloud
Computing
Education
Chinese
E-commerce
Int’l
Cuisine
Healthcare
Int’l
Medical
Care
Ten Key
Service Industries
Music &
Digital
Content
Four Emerging
Intelligent
Industries
Patent
Industrialization
Intelligent
Green Building
Conventions
&
Exhibitions
WiMax
Urban
Renewal
International
Logistics
Finance
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Taiwan: The Gateway
STRATEGIC LOCATION
China
TAIWAN
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Taiwan as the Ideal Air & Sea Transit
Hub
Direct air and sea links with Chin
a:
■Direct flying destinations: 41
■Direct flights: 558/week
■Cargo charter flights: 48/week
■Sea transport:
12 harbors in Taiwan,
70 harbors in China
Direct air links with:
■12 cities in Europe
■32 cities in Asia
■13 cities in North America
Beijing
Seoul
3:30
Tokyo
2:20
Shanghai
1:40
3:00
Taiwan offers the shortest
average flying time to major
Western Pacific cities:
2 hours and 42 minutes
1:40
Hong Kong
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Economic Cooperation Framework
Agreement (ECFA)
Advantages Gained under ECFA
 Import tariff preferences on crossstrait trade
 Opening of direct cross-straits postal,
communications, and transportation
links facilities flow of goods and
personnel.
Taiwan competitive Advantages
 Increased intellectual property rights
protection for Taiwan.
 Government subsidy incentives for
establishment of corporate R&D
centers in Taiwan
• Cross-strait Economic Cooperation Framework Agreement (ECFA) Signed on
June 29, 2010
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Why Choose Taiwan
Strong Presence in China
China‘s Top 10 Exporters in 2012
TOP
Company Name
Location
1
Dagong Computer
Shanghai
Taiwan (Quanta )
28,267
2
Futaihua Industrial
Shenzhen
Taiwan (Hon Hai)
27,567
3
Hua Wei Technologies
Shenzhen
China
9,874
4
Changshuo Technology
Shanghai
Taiwan (ASUS)
8,899
5
Compal Information Technology
Kunshan
Taiwan (Compal)
8,862
6
Hongfujin Precision Industry
Shenzhen
Taiwan (Hon Hai)
7,576
7
Hongfujin Precision Electronics
Chengdu
Taiwan (Hon Hai)
7,499
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Dongguan City Processing
Dongguan
China
6,921
9
Nokia
Beijing
Finland
6,760
10
Hongfujin Precision Electronics
Yantai
Taiwan (Hon Hai)
6,019
Source: General Administration of Customs, P.R.O.C.
Country
Export Value
Unit: US$ million
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Taiwan + Florida
th
38 largest trade
partner with Florida
Total Trade with Taiwan
USD$ 594.9 million
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TAITRA
•Founded in 1970
•Globally recognized as Taiwan’s foremost nonprofit trade promotion organization.
•Organize various governmental and private
trade promotion initiatives
•International exhibitions and conventions
•Strong marketing network with 58 overseas
offices around the world.
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Statement of Intent
The U.S. National Export Initiative
Taiwan Pacific Bridge Initiative
Statement of Intent
by the
U.S. Department of Commerce
International Trade Administration
U.S. and Foreign Commercial Service
(USFCS)
and
The Taiwan External trade Development
Council (TAITRA)
Target Sectors:
•Renewable energy
•Water resource
•Travel and Tourism Services
•Information and Communication
Technologies
•Publishing Services
•Education and Training Services
•Healthcare
•Medical
•Biotechnology.
Exchange of information and cooperation regarding potential cases and inquiries
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Business Matchmaking Services
• Organize meetings with suppliers
• Efficient and effective vendor/partner selection process
• Assist foreign businesses in establishing a wider
presence in Taiwan
• Sponsor air ticket and hotel accommodations for foreign
companies
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Business Alliance
Services
Explore business opportunities, insights, investment trade and
counseling services to fast track your business with Taiwan.
Benefit from a sound legal framework and comprehensive IP
protection.
Benefit from a well-established logistics and communications
infrastructure.
Benefit from the language, cultural, and geographical similarities
Taiwan shares with China.
http://investtaiwan.nat.gov.tw/index.html
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Attend and Exhibit in Multiple Taiwan
International Trade Shows
Preferential pricing available to exhibit as part of the
American Institute in Taiwan (AIT) coordinated USA
pavilions
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US-SOURCING TAIWAN
The tentative schedule August 7th:
•Opening Ceremonies (09:00-10:00 am)
•Procurement Presentations (10:00-12:00 pm)
•One-on-One procurement meetings (03:00-05:00 pm)
Having made great strides in developing its economy over the
years, Taiwan has now become one of the leading suppliers of
technologically advanced products in the global market. It is
home to key suppliers of products such as machinery, auto parts,
fasteners, garments and accessories, computers, electronics,
photovoltaic applications, green energy products, and
biotechnology.
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TAIWAN(ROC) AND ST. KITTS & NEVIS TRADE
SHOW 2013
Event: Taiwan(ROC) and St. Kitts & Nevis Trade Show 2013
Date: June 26-27, 2013
Trade Delegation: June 25-28, 2013
Location: Royal St. Kitts Hotel
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WHAT CAN TAITRA DO FOR YOU?
Questions? We have answers!
Contact Us:
Taiwan Trade Center Miami
5301 Blue Lagoon Drive, Ste. 150
Miami, FL, 33126
miami@taiwantrade.com.tw
Tel: 305.266.9191
Fax: 305.266.8787
http://miami.taiwantrade.com.tw
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THANK YOU!
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