UK-Utah 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 Utah’s economy and supports thousands of jobs in the state.
Utah jobs supported by UK companies
10,700 Utahns employed by UK subsidiaries in 2018
38,330 jobs are supported by exports from Utah to the UK worth 9.5 billion in 2019.
Value of exports to the UK from Utah
The UK was the 1st largest export market for Utah in 2019
Total value of Utah goods exports to the UK $8.8 billion
Total value of Utah services exports to the UK $770 million
Top exports from Utah to the UK 2019
| Top Utah goods exports to the UK | US$ |
|---|---|
| Nonferrous metal products | $8.5 billion |
| Plastics products | $26 million |
| Aerospace products and parts | $25 million |
| Navigational and measurement instruments | $24 million |
| Misc. general purpose machinery | $21 million |
| Top Utah services exports to the UK | US$ |
|---|---|
| Credit-related services | $114 million |
| Miscellaneous financial services | $105 million |
| Air freight and port services | $85 million |
| Personal travel | $80 million |
| Passenger fares | $51 million |
Trends in exports from Utah to the UK 2010 to 2019
| Year | Goods exports to the UK (in $) | Services exports to the UK (in $) |
|---|---|---|
| 2010 | 4,406,483,247 | 618,535,823 |
| 2011 | 6,714,476,555 | 772,503,256 |
| 2012 | 6,041,186,689 | 797,154,353 |
| 2013 | 1,288,843,769 | 562,735,061 |
| 2014 | 1,377,122,271 | 583,339,229 |
| 2015 | 3,033,733,780 | 622,687,757 |
| 2016 | 3,072,267,966 | 579,488,572 |
| 2017 | 2,317,197,456 | 809,845,307 |
| 2018 | 5,094,741,430 | 813,461,568 |
| 2019 | 8,753,593,869 | 770,178,473 |
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.