UK-Michigan trade and investment highlights
Updated 25 June 2021
The US and UK have a strong trade relationship worth more than $260 billion a year, and a total of $1 trillion invested in each other’s economies. This relationship plays a pivotal role in Michigan’s economy and supports thousands of jobs in the state.
Michigan jobs supported by UK companies
39,500 Michiganders employed by UK subsidiaries in 2018
11,430 jobs are supported by exports from Michigan to the UK worth $2 billion in 2019.
Value of exports to the UK from Michigan
The UK was the 6th largest export market for Michigan in 2019
Total value of Michigan goods exports to the UK $891 million
Total value of Michigan services exports to the UK $1.1 billion
Top exports from Michigan to the UK 2019
Top Michigan goods exports to the UK | US$ |
---|---|
Aerospace products and parts | $118 million |
Motor vehicles | $80 million |
Pesticides and fertilisers | $77 million |
Nonferrous metal products | $73 million |
Pharmaceuticals and medicines | $63 million |
Top Michigan services exports to the UK | US$ |
---|---|
Personal travel and tourism | $182 million |
Passenger fares | $108 million |
Business management and consulting services | $104 million |
Architectural, engineering and other tech. services | $90 million |
Insurance services | $87 million |
Trends in exports from Michigan to the UK 2010 to 2019
Year | Goods exports to the UK (in $) | Services exports to the UK (in $) |
---|---|---|
2010 | 630,771,507 | 750,145,690 |
2011 | 695,442,991 | 839,277,577 |
2012 | 700,054,647 | 882,130,227 |
2013 | 725,463,354 | 962,188,002 |
2014 | 732,914,893 | 935,522,028 |
2015 | 768,174,144 | 1,050,460,524 |
2016 | 871,417,272 | 1,019,597,534 |
2017 | 913,467,722 | 1,125,527,891 |
2018 | 897,826,695 | 1,162,000,549 |
2019 | 890,985,708 | 1,128,475,603 |
Find out more about investing in, and trading with the UK.
Sources
Goods, jobs and services estimates prepared by The Trade Partnership and derived from U.S. government and private industry data.
Companies trading with the UK from US Census, “A Profile of U.S. Importing and Exporting Companies, 2017-2018.”
Estimate of employment by UK subsidiaries from Bureau of Economic Analysis, Foreign Direct Investment in the United States database.