UK-Connecticut 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 Connecticut’s economy and supports thousands of jobs in the state.
Connecticut jobs supported by UK companies
22,100 Connecticuters employed by UK subsidiaries in 2018
12,320 jobs are supported by exports from Connecticut to the UK worth $2.5 billion in 2019.
Value of exports to the UK from Connecticut
The UK was the 3rd largest export market for Connecticut in 2019
Total value of Connecticut goods exports to the UK $1.4 billion
Total value of Connecticut services exports to the UK $1.1 billion
Top exports from Connecticut to the UK 2019
| Top Connecticut goods exports to the UK | US$ |
|---|---|
| Aerospace products and parts | $417 million |
| Pharmaceuticals and medicines | $176 million |
| HVAC and refrigeration equipment | $149 million |
| Miscellaneous general purpose machinery | $131 million |
| Motor vehicle parts | $68 million |
| Top Connecticut services exports to the UK | US$ |
|---|---|
| Financial management and advisory services | $297 million |
| Audio/visual services | $106 million |
| Insurance services | $95 million |
| Business management and consulting services | $90 million |
| Securities transactions | $78 million |
Trends in exports from Connecticut to the UK 2010 to 2019
| Year | Goods exports to the UK (in $) | Services exports to the UK (in $) |
|---|---|---|
| 2010 | 622,966,686 | 1,045,968,768 |
| 2011 | 635,851,214 | 1,071,721,879 |
| 2012 | 572,499,123 | 1,034,187,489 |
| 2013 | 651,079,372 | 966,892,208 |
| 2014 | 672,887,229 | 1,010,906,551 |
| 2015 | 843,266,421 | 1,048,795,564 |
| 2016 | 820,619,715 | 1,021,227,464 |
| 2017 | 1,246,013,184 | 1,082,894,555 |
| 2018 | 1,394,374,044 | 1,133,033,533 |
| 2019 | 1,389,680,017 | 1,085,518,253 |
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.