Taiwan

Taiwan has a highly advanced, high-income economy that is one of the most important in the world for technology, above all as the home of the most sophisticated semiconductor manufacturing on earth.

A dynamic, export-driven economy, Taiwan's dominance in advanced chips — led by TSMC — makes it critical to global supply chains, even as it lives under the constant shadow of tension with China.

Key Sectors

The economy is dominated by semiconductors and electronics (TSMC is the world's leading contract chipmaker), information and communications technology, machinery, petrochemicals, and precision manufacturing.