Resources

Taiwan is heavily dependent on imported food and agricultural products due to limited arable land and a small agricultural sector. It is the United States’ sixth-largest export market for U.S. food and agricultural products. This report addresses opportunities in Taiwan for distilled spirits, craft beer, snack/convenience foods, poultry, beef, and wood pellets.

The United States is Taiwan’s second-largest trade partner with a long-standing, strong relationship. Taiwan has a population of 23.4 million and a strong economy. This report addresses opportunities for Virginia businesses in the following sectors: cybersecurity, medical devices and pharmaceuticals, automation and robotics, and unmanned aerial vehicles (UAV) for civilian applications.

There is steady growth in Taiwan’s defense industry as it works to expand its ability to respond to threats. Military equipment sales from U.S. businesses to Taiwanese entities can fall under either Foreign Military Sales or Direct Commercial Sales. This report addresses opportunities for Virginia defense companies in Taiwan and the challenges they may face when entering the market.

India is one of the fastest growing economies in Asia, and this economic growth has translated to increased defense spending. The Indian government has embarked on a military modernization program and is expected to maintain an average defense expenditure of 2.22% of GDP.

As the first post-communist country to join NATO and the guardian of one of the EU’s main external borders, Romania plays an important role in regional defense and security. Romania recently increased its defense budget from 2% to 2.5% of GDP and is committed to maintaining that expenditure level for the next decade.

This report addresses opportunities in Southeast Asia for Virginia companies seeking to optimize their international supply chains for five select countries: the Philippines, Vietnam, Malaysia, Thailand, and Indonesia. Each country offers unique supply chain opportunities.