Taiwan’s trade with China is far bigger than its trade with the U.S.

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.

https://www.cnbc.com/2022/08/05/taiwans-trade-with-china-is-far-bigger-than-its-trade-with-the-us.html