Research and analysis

UK-Ohio trade and investment highlights

Updated 25 June 2021

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 Ohio’s economy and supports thousands of jobs in the state.

Ohio jobs supported by UK companies

49,100 Ohioans employed by UK subsidiaries in 2018

20,640 jobs are supported by exports from Ohio to the UK worth $3.8 billion in 2019.

Value of exports to the UK from Ohio

The UK was the 4th largest export market for Ohio in 2019

Total value of Ohio goods exports to the UK $1.9 billion

Total value of Ohio services exports to the UK $1.9 billion

Top exports from Ohio to the UK 2019

Top Ohio goods exports to the UK US$
Aerospace products and parts $663 million
Motor vehicle parts $222 million
Nonferrous metal products $108 million
Miscellaneous general purpose machinery $78 million
Miscellaneous fabricated metal products $78 million
Top Ohio services exports to the UK US$
Miscellaneous financial services $356 million
Air freight & port services $260 million
Personal travel and tourism $184 million
Credit-related services $181 million
Insurance services $160 million
Year Goods exports to the UK (in $) Services exports to the UK (in $)
2010 1,214,426,935 1,182,641,190
2011 1,428,411,756 1,322,249,070
2012 1,398,913,712 1,466,324,136
2013 1,505,790,110 1,568,069,730
2014 1,605,900,919 1,592,873,973
2015 1,677,308,211 1,638,688,558
2016 1,700,265,889 1,682,199,793
2017 1,857,260,186 1,908,124,662
2018 1,961,477,501 2,033,211,162
2019 1,905,621,621 1,925,769,458

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.