UK-South Dakota trade and investment highlights
Updated 25 June 2021
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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 South Dakota’s economy and supports nearly 1,500 jobs in the state.
South Dakota jobs supported by UK companies
1,600 South Dakotans employed by UK subsidiaries in 2018
1,470 jobs are supported by exports from South Dakota to the UK worth $253 million in 2019.
Value of exports to the UK from South Dakota
The UK was the 5th largest export market for South Dakota in 2019
Total value of South Dakota goods exports to the UK $28 million
Total value of South Dakota services exports to the UK $225 million
Top exports from South Dakota to the UK 2019
| Top South Dakota goods exports to the UK | US$ |
|---|---|
| Audio and video equipment | $7.5 million |
| Oilseeds and grains | $5.8 million |
| Electrical equipment | $5.0 million |
| Printed matter and related products | $3.2 million |
| Computer equipment | $1.1 million |
| Top South Dakota services exports to the UK | US$ |
|---|---|
| Miscellaneous financial services | $85 million |
| Credit-related services | $50 million |
| Bank lending-related services | $31 million |
| Personal travel and tourism | $25 million |
| Equipment installation, maintenance and repair | $9.6 million |
Trends in exports from South Dakota to the UK 2010 to 2019
| Year | Goods exports to the UK (in $) | Services exports to the UK (in $) |
|---|---|---|
| 2010 | 29,647,420 | 118,287,799 |
| 2011 | 19,590,558 | 142,004,039 |
| 2012 | 33,582,078 | 158,742,779 |
| 2013 | 13,933,226 | 163,086,612 |
| 2014 | 17,415,089 | 165,387,336 |
| 2015 | 14,755,428 | 167,551,337 |
| 2016 | 23,987,929 | 182,896,680 |
| 2017 | 18,735,587 | 215,314,536 |
| 2018 | 42,620,721 | 235,083,297 |
| 2019 | 28,362,106 | 224,966,912 |
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.