UK-Maryland 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 Maryland’s economy and supports thousands of jobs in the state.
Maryland jobs supported by UK companies
26,300 Marylanders employed by UK subsidiaries in 2018
10,600 jobs are supported by exports from Maryland to the UK worth $1.8 billion in 2019.
Value of exports to the UK from Maryland
The UK was the 4th largest export market for Maryland in 2019
Total value of Maryland goods exports to the UK $545 million
Total value of Maryland services exports to the UK $1.2 billion
Top exports from Maryland to the UK 2019
| Top Maryland goods exports to the UK | US$ |
|---|---|
| Pharmaceuticals and medicines | $161 million |
| Oil and gas | $91 million |
| Electrical accessories and parts | $44 million |
| Communications equipment | $32 million |
| Printed matter and related products | $28 million |
| Top Maryland services exports to the UK | US$ |
|---|---|
| Business management and consulting services | $295 million |
| Personal travel & tourism | $206 million |
| Financial management and advisory services | $128 million |
| Computer software services | $94 million |
| Architectural, engineering & other tech. services | $47 million |
Trends in exports from Maryland to the UK 2010 to 2019
| Year | Goods exports to the UK (in $) | Services exports to the UK (in $) |
|---|---|---|
| 2010 | 365,724,784 | 943,048,915 |
| 2011 | 393,691,999 | 970,184,197 |
| 2012 | 552,363,179 | 1,015,306,400 |
| 2013 | 477,922,320 | 1,014,425,649 |
| 2014 | 473,677,675 | 1,059,772,979 |
| 2015 | 549,413,109 | 1,137,125,219 |
| 2016 | 519,777,325 | 1,137,725,138 |
| 2017 | 448,410,307 | 1,150,212,548 |
| 2018 | 493,015,638 | 1,230,458,638 |
| 2019 | 545,336,536 | 1,228,377,019 |
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.