British Columbia and Taiwan
Taiwan’s geographic location positions it as a potential regional hub for companies entering the wider Asian market, thanks to its easy access and distribution pathways to East and Southeast Asia. Taiwan is a key part in the global technology supply chain and has a reputation for innovation, ranking number one in patent filings. The country also boasts strong infrastructure, a highly educated workforce, and a high level of openness to international trade. Taiwan’s GDP in 2023 was $782 billion USD, with a GDP per capita of $34,430 USD, and its total population in 2024 is 23 million. Taiwan is a priority market for trade and investment in B.C.’s Trade Diversification Strategy.
Trade & Investment Highlights
- In 2024, Taiwan and Canada signed a Science, Technology, and Innovation Arrangement to promote opportunities for business-led co-innovation partnerships in high-tech sectors under the Canadian International Innovation Program, expanding research collaborations across Canadian and Taiwanese ecosystems.
- In 2023, Taiwan and Canada signed a foreign investment promotion and protection arrangement to encourage and safeguard investments, including key benefits and protections to Taiwanese investors choosing B.C. as a business destination.
- Through its Indo-Pacific Strategy, Canada supports the economic empowerment of Indigenous Peoples through the implementation of the Indigenous Peoples Economic and Trade Cooperation Arrangement (IPETCA) in cooperation with existing partners, such as Australia, New Zealand and Taiwan, and Indigenous Peoples from participating economies.
- In 2024, Taiwan was the 7th largest destination for B.C. goods exports, receiving 1.5% of B.C.’s commodity exports, totaling $818 million CAD.
Taiwan at a Glance
Monetary figures are in USD
Opportunity for Foreign Investors and B.C. Exporters
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How We Help
- Assist in commercial location identification and site selection.
- Provide information on transportation infrastructure and logistics gateways.
- Offer introductions to sector associations, industries and provide cluster insight.
- Facilitate understanding and solutions for talent, skilled workforce and labour mobility
- Facilitate engagement with professional advisors on legal, compliance and tax matters
- Help navigating and offering referrals within government agencies on First Nations, business and regulatory processes.
- Identify high potential investment opportunities and offer industry insight.
- Introductions to sector associations and local industry contacts.
- Introductions to companies seeking investments to expand.
- Provide knowledge on local innovation hubs and connections to entrepreneurial opportunities.
- Introductions to local venture capital networks.
- Market entry assistance in international markets.
- Match buyers and sellers in local and foreign markets.
- Validate the potential of products in new international markets.
- Assist in navigating government export programs and financial supports.
- Strategic introductions to prospective buyers and partners in foreign markets.
- Participate in relevant international trade missions and events, and inbound buyer visits.
- Provide insight and advice on how to leverage trade agreements and overcome trade barriers.
- Enable access to trade representatives in foreign markets for on-the-ground assistance.
- Advice and coaching on how to prepare for successful export development and market entrance.
Trade & Investment Offices in Taiwan
- Taiwan
Taipei
Taiwan is currently B.C.’s sixth largest export destination and approximately half of all Canadian exports to Taiwan are from B.C.
Our representative in Taipei will work to grow B.C. exports to Taiwan, and to attract investment from Taiwan into B.C. across a range of sectors.
Taipei Office:
Canadian Trade Office in Taipei
Address: 6F, #1 SongZhi Road, Taipei, Taiwan
Contact our Trade and Investment Representatives. Our team welcomes your inquiries:
Managing Director, Taiwan
Senior Commercial Officer
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Our Trade and Investment Representatives can help you establish the right connections, participate in events and tradeshows, explore programs and initiatives, and more. Connect with an expert near you.