Taiwan’s trade with China is far bigger than its trade with the U.S.
- Mainland China and Hong Kong accounted for 42% of Taiwan’s exports last year, while the U.S. had a 15% share, according to official Taiwan data accessed through Wind Information.
- About 22% of Taiwan’s imports last year came from mainland China and Hong Kong, versus 10% from the U.S., official data showed.
- Many Taiwan-based companies operate factories in mainland China. In 2021, Taiwan businesses received $200.1 billion in U.S. export orders, according to the U.S. Congressional Research Service.
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