As a member of the World Trade Organization (WTO) since 2002, Taiwan complies with international trade agreements and bases its tariff schedule on the Harmonized Commodity Description and Coding System of the Customs Cooperation Council.

Taiwan continues to make unilateral improvements to its tariff structure on finished goods and raw materials. In 2023, the average nominal tariff rate for industrial products is 4.13 percent and 15.06 percent for agricultural products. The overall average nominal tariff rate for imported goods was 6.34 percent, according to Taiwan Customs: U.S. industry continues to request that Taiwan lower tariffs on imports of many products.