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🇹🇼TW

Trade Guide: Taiwan

Taiwan is the global leader in semiconductors and a major electronics supplier for Mexico.

Key trade data

USD $8B

Annual bilateral trade

#1

Semiconductor supplier

No FTA

MFN tariff

TSMC

Largest chip maker

Bilateral trade relationship

Taiwan is a strategic supplier of semiconductors and electronic components for Mexican manufacturing. Bilateral trade exceeds USD $8B. No bilateral FTA or formal diplomatic relations exist, but trade is active.

Top exports from Mexico

Minerals

Chapter 26

USD $300M

Auto parts

Chapter 87

USD $200M

Agricultural products

Chapter 8

USD $100M

Petroleum

Chapter 27

USD $80M

Beverages

Chapter 22

USD $50M

Top imports from this country

Integrated circuits

Chapter 85

USD $4.5B

Machinery

Chapter 84

USD $1.2B

Plastics

Chapter 39

USD $600M

Chemical products

Chapter 29

USD $400M

Optical instruments

Chapter 90

USD $300M

Trade agreements

WTO (MFN)

No bilateral FTA. Taiwan is a WTO member as a Separate Customs Territory.

Key regulations

  • MFN tariffs with no preferences
  • NOM for electronic components
  • Semiconductor export regulations
  • IMMEX for electronics assembly
  • Dual-use technology controls

Logistics and transport

Maritime

Transit time: 25-35 days

Main ports

  • Kaohsiung
  • Keelung
  • Manzanillo
  • Lazaro Cardenas

Air

Transit time: 18-22 hours

Main ports

  • Taipei Taoyuan
  • Mexico City AICM

Business cultural tips

  • Business culture is similar to Japanese but less formal
  • Business cards are exchanged with both hands
  • Punctuality is important and respected
  • Tea is part of the business protocol
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Frequently asked questions