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Country At A Glance

Map of Taiwan, Province of China

Market Facts

Nominal GDP522.95 Billion USD
Population23.49 Million
Total Trade/GDP116.17%
CurrencyTaiwan Dollar (TWD)
Merchandise Imports from Canada1,461.53 Million CAD
Canadian direct investment115 Million CAD
Main importsMachinery & Equipment, Mineral Products, Chemicals

EDC in Taiwan

Canadian companies assisted200
International buyers insured248
Business volume556.29 Million CAD

Business Environment

Taiwan’s export-driven, dynamic economy benefits from a well-functioning legal framework and a tradition of private-sector entrepreneurship.  The market boasts high-quality infrastructure and a well-educated workforce, making it an appealing destination for Canadian investment. Located at the heart of the Asia-Pacific region, Taiwan's strategic position allows companies to  springboard into Mainland China and the vast lucrative markets of Southeast Asia.

Key Industries

  • Agriculture
  • Biotechnology
  • Construction & Infrastructure
  • Power
  • Telecom

How we can support your business

Through our representations in Shanghai and Beijing, we provide on-the-ground support to Canadian companies planning on or currently doing business in Taiwan. Our regional representatives have developed strategic relationships with major buyers in key sectors as well as an extensive network of local contacts in the market.

  • We are positioned to help Canadian companies through a range of financing and risk management services.
  • Learn more about our service offering.

Consult our interactive Country Risk Quarterly report.


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