In 2021, China and Hong Kong were the largest buyers of Taiwan's goods, accounting for a total US$188.91 billion, up 24.8 percent from a year earlier, the MOF said.

The other major markets were the Association of Southeast Asian Nations (ASEAN) bloc (US$70.25 billion, up 32 percent), the United States (US$65.70 billion, up 30.0 percent), Europe (US$38.49 billion, up 36.8 percent) and Japan (US$29.21 billion, up 24.8 percent).