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

Author

Listed:
  • Keefer, James F.
  • Gill, Amjad H.

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.

Suggested Citation

  • Keefer, James F. & Gill, Amjad H., 1971. "Taiwan's Agricultural Growth during the 1970's: Supply, Demand, and Trade Projections for Selected Agricultural Products," Miscellaneous Publications 317759, United States Department of Agriculture, Economic Research Service.
    • Handle: RePEc:ags:uersmp:317759
    DOI: 10.22004/ag.econ.317759
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    File URL: https://ageconsearch.umn.edu/record/317759/files/ERSforeign316.pdf
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    Cited by:

    1. Lanier, Eleanor B., 1972. "Economics of Agriculture: Reports and Publications Issued or Sponsored by USDA's Economic Research Service, July 1970-June 1971," Miscellaneous Publications 321803, United States Department of Agriculture, Economic Research Service.
    2. Johnson, D. Gale, 1977. "PART IV. Postwar Policies Relating to Trade in Agricultural Products," AAEA Monographs, Agricultural and Applied Economics Association, number 337216.

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