Taiwan's Agricultural Growth during the 1970's: Supply, Demand, and Trade Projections for Selected Agricultural Products

James F. Keefer and Amjad H. Gill

No 317759, Miscellaneous Publications from United States Department of Agriculture, Economic Research Service

Abstract: Despite the projected decline in Taiwan's population growth rate, rising per capita incomes and rapid urbanization will greatly increase per capita consumption of most foods and change consumption patterns in favor of high-protein products versus the traditional rice and sweetpotatoes. Taiwan, one of the largest exporters of agricultural commodities in the Far East, is experiencing a significant rise in agricultural imports. Projections show the uptrend in exports weakening as import requirements continue to increase. The country's current pattern of trade diversification is projected to continue, resulting in the U.S. loss of much of its share of Taiwan's imports and exports of agricultural products. In absolute quantity terms, however, market opportunities for U.S. agricultural exports to Taiwan will remain strong, although encountering increasing competition.

Keywords: Agribusiness; Agricultural and Food Policy; Crop Production/Industries; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; International Relations/Trade; Livestock Production/Industries; Productivity Analysis; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 38
Date: 1971-05
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:uersmp:317759

DOI: 10.22004/ag.econ.317759

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