| Situated off the coast of mainland China, this tiny | | | | flatscreen TVs, you'll find Taiwan is a leader in |
| island formerly known as Formosa (which means | | | | providing the latest models. |
| "beautiful island") has endured quite a history in terms | | | | Automotive Parts: While Germany and Japan lead |
| of economic growth. Once an acquisition of Japan, | | | | exports of new models, you'll find the parts that |
| Taiwan is property of the Republic of China yet | | | | make run originate here. |
| enjoys a booming and influential capitalist economy | | | | Advanced Manufactured Iron and Steel: A top |
| that had grown annually since its post-World War II | | | | provider of durable construction materials, this island |
| transformation into one of the four "Asian Tigers" of | | | | trades quality raw resources. |
| global trade. If you own a laptop computer, a | | | | Blank Media: Yes, there is still a need for blank audio |
| smartphone, or a high-end racing bicycle, chances are | | | | and videotape, and recordable CD-ROM discs. Taiwan |
| high that you own a Taiwanese export. | | | | meets the demand. |
| Taiwanese Trade Continues to Rise | | | | As a progressively advanced territory, the economic |
| According to the Bureau of Foreign Trade, Taiwan's | | | | growth leaves no room for natural resources. |
| total trade value in April, 2010 rose fifty percent | | | | Agriculture comprises a low three percent of |
| from last year's amount, to $41 billion. Presently it | | | | Taiwan's overall economy, and as a result the area |
| ranks twenty-eighth among 125 countries in the 2010 | | | | imports a high volume of vegetables and foodstuffs |
| Global Enabling Trade Report, still an impressive | | | | and natural fuels like coal. Plastic materials for |
| number given the area's shift from dependence on | | | | manufacturing, civilian aircraft for improved travel, and |
| trade with the United State to diversifying | | | | organic chemicals round out the island's most |
| connections with Europe. As the world's largest | | | | imported goods. |
| supplier of computer chip, computer memory, and | | | | Forecasts for Taiwan through the remainder of year, |
| LCD panel manufacturing services, Taiwan enjoys an | | | | according to economic experts, predict continued |
| important role in new innovations in technology. Top | | | | growth as trade with Europe and the US strengthens. |
| exports to the United States from the area include: | | | | The health of the electronics industry in particular will |
| Semiconductors: Where the US has Silicone Valley, | | | | play a role in the area's future, yet as demand for |
| Taiwan is literally a silicone island as a major provider | | | | new technologies remain it is likely Taiwan will emerge |
| of these important devices | | | | in Asia as a powerful force in the export market. |
| Televisions: As more people trade up to plasma and | | | | |