UK-North Carolina trade and investment highlights
Updated 25 June 2021
© Crown copyright 2021
This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. To view this licence, visit nationalarchives.gov.uk/doc/open-government-licence/version/3 or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: psi@nationalarchives.gov.uk.
Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned.
This publication is available at https://www.gov.uk/government/publications/uk-north-carolina-trade-and-investment-highlights/uk-north-carolina-trade-and-investment-highlights
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 North Carolina’s economy and supports thousands of jobs in the state.
North Carolina jobs supported by UK companies
37,600 North Carolinians employed by UK subsidiaries in 2018
17,190 jobs are supported by exports from North Carolina to the UK worth $3 billion in 2019.
Value of exports to the UK from North Carolina
The UK was the 5th largest export market for North Carolina in 2019
Total value of North Carolina goods exports to the UK $832 million
Total value of North Carolina services exports to the UK $2.2 billion
Top exports from North Carolina to the UK 2019
| Top North Carolina goods exports to the UK | US$ |
|---|---|
| Pharmaceuticals and medicines | $87 million |
| Aerospace products and parts | $70 million |
| Electrical accessories and parts | $63 million |
| Vegetables and melons | $56 million |
| Basic chemicals | $54 million |
| Top North Carolina services exports to the UK | US$ |
|---|---|
| Miscellaneous financial services | $465 million |
| Business management and consulting services | $279 million |
| Bank lending-related services | $241 million |
| Personal travel and tourism | $214 million |
| Credit-related services | $164 million |
Trends in exports from North Carolina to the UK 2010 to 2019
| Year | Goods exports to the UK (in $) | Services exports to the UK (in $) |
|---|---|---|
| 2010 | 926,637,831 | 1,198,868,220 |
| 2011 | 962,222,299 | 1,289,188,178 |
| 2012 | 951,837,892 | 1,420,323,818 |
| 2013 | 895,662,201 | 1,505,667,029 |
| 2014 | 1,011,773,538 | 1,680,361,598 |
| 2015 | 947,208,003 | 1,826,967,824 |
| 2016 | 1,421,965,180 | 1,831,407,823 |
| 2017 | 1,312,891,482 | 2,090,108,997 |
| 2018 | 965,712,257 | 2,277,869,981 |
| 2019 | 832,280,784 | 2,205,520,086 |
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.