Taiwan could be a prime target for Queensland agtech exporters – that’s the message in a new report released by TIQ.
Opportunities for Queensland businesses in Taiwan’s agtech market examines the pressures driving agricultural change in the Asian nation and how they are contributing to the adoption of new farming technologies.
Queensland Trade and Investment Commissioner for Taiwan Patrick Hafenstein said Queensland exporters were well positioned to take advantage of the opportunities available in Taiwan.
‘Queensland agtech businesses have a chance to enter a premium market that’s located close to Australia and well supported by government initiatives,’ Mr Hafenstein said.
‘Agriculture in Taiwan is facing pressure from a range of challenges – including an ageing farming community, changing weather patterns from climate change, and increasing scarcity of farmland.
‘This report provides Queensland businesses with the latest market insights and strategic information to help them explore export opportunities related to these challenges.’
Mr Hafenstein said Queensland’s reputation for world-class agricultural ingenuity would give the state’s suppliers a competitive advantage in Taiwan’s rapidly evolving agtech market.
‘Queensland’s agricultural sector is known for its ability to develop technologies that improve efficiency, sustainability and productivity,’ he said.
‘On top of that, the Taiwanese Government has designated smart agriculture as a key priority.’
To download Opportunities for Queensland businesses in Taiwan’s agtech market, visit the download page.
The free report is the latest in a series of international market reports produced under the Queensland Trade and Investment Strategy 2017–2022.
If you’re interested in exporting your product to the Taiwanese market, you can also connect with TIQ Taiwan today.