UK-New Jersey 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 New Jersey’s economy and supports thousands of jobs in the state.
New Jersey jobs supported by UK companies
40,700 New Jerseyans employed by UK subsidiaries in 2018
20,130 jobs are supported by exports from New Jersey to the UK worth $4.5 billion in 2019.
Value of exports to the UK from New Jersey
The UK was the 2nd largest export market for New Jersey in 2019
Total value of New Jersey goods exports to the UK $2.4 billion
Total value of New Jersey services exports to the UK $2.1 billion
Top exports from New Jersey to the UK 2019
| Top New Jersey goods exports to the UK | US$ |
|---|---|
| Scrap products | $1 billion |
| Printed matter and related products | $221 million |
| Aerospace products and parts | $169 million |
| Soaps, cleaning agents and toiletries | $163 million |
| Basic chemicals | $104 million |
| Top New Jersey services exports to the UK | US$ |
|---|---|
| Business management and consulting services | $401 million |
| Passenger fares | $166 million |
| Securities transactions | $161 million |
| Personal travel and tourism | $155 million |
| Air freight and port services | $119 million |
Trends in exports from New Jersey to the UK 2010 to 2019
| Year | Goods exports to the UK (in $) | Services exports to the UK (in $) |
|---|---|---|
| 2010 | 2,159,194,598 | 1,915,716,630 |
| 2011 | 2,488,412,984 | 1,921,710,172 |
| 2012 | 1,781,232,079 | 1,862,717,942 |
| 2013 | 1,969,218,418 | 1,818,522,048 |
| 2014 | 1,972,872,772 | 1,875,987,456 |
| 2015 | 2,003,267,957 | 1,932,039,839 |
| 2016 | 1,790,901,250 | 1,884,729,351 |
| 2017 | 2,058,969,960 | 1,943,719,332 |
| 2018 | 2,265,051,861 | 2,115,745,723 |
| 2019 | 2,422,638,687 | 2,082,060,168 |
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.