How to create a vocabulary and populate it with terms using features
The problem with exporting content like taxonomy terms is keeping the taxonomy id intact when migrating it from site to site which is exactly what the features extension module UUID Features solves by using the UUID api:


  The UUID Features Integration module provides a mechanism for
  exporting content (nodes, taxonomy, fields) into a features module.
  What's that you say? You thought features was only for configuration?
  This module is meant to be used in the cases where certain pieces of
  content straddle the line between pure content and configuration.