TORONTO, Canada – The Bureau of Foreign Trade (MOEA) and Taiwan External Trade Development council (TAITRA) are proud to present 12 innovative food companies from Taiwan at SIAL, North America’s largest food innovation show.
The Taiwanese delegation aims to connect with Canadian business and showcase Taiwan as a strong and reliable partner in the Indo-Pacific region for Canada.
Taiwan’s food industry is a global leader in food safety, manufacturing, innovation, and diverse ingredients. SIAL attracts over 20,000 attendees from over 60 countries, and is held at the Enercare Center in Toronto from May 9-11, 2023.
The Taiwanese delegation to SIAL coincides with Taiwan’s application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Taiwan applied in September 2021 to join the CPTPP, which represents a market of 500 million people and accounts for 13.5 percent of global trade.
The Indo-Pacific region is home to six of Canada’s top 13 trading partners. In 2021, Taiwan’s GDP per capita (PPP) reached USD$62,696 which would rank 3rd among current CPTPP members.
Taiwan food companies are constantly striving for technological advancement and aim to be reliable partners in the global supply chain. With a focus on economic sustainability, upgrading food safety, and innovations in digital applications, Taiwanese food suppliers are at the forefront of the industry.