Research and analysis

UK-South Carolina 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 South Carolina’s economy and supports thousands of jobs in the state.

South Carolina jobs supported by UK companies

12,900 South Carolinians employed by UK subsidiaries in 2018

13,030 jobs are supported by exports from South Carolina to the UK worth $2.6 billion in 2019.

Value of exports to the UK from South Carolina

The UK was the 5th largest export market for South Carolina in 2019

Total value of South Carolina goods exports to the UK $2.1 billion

Total value of South Carolina services exports to the UK $544 million

Top exports from South Carolina to the UK 2019

Top South Carolina goods exports to the UK US$
Motor vehicles $828 million
Aerospace products and parts $517 million
Motor vehicle parts $357 million
Resins and synthetic fibers $97 million
Pulp and paperboard mill products $38 million
Top South Carolina services exports to the UK US$
Personal travel and tourism $149 million
Business management and consulting services $85 million
Credit-related services $46 million
Equipment installation, maintenance and repair $46 million
Business travel $27 million
Year Goods exports to the UK (in $) Services exports to the UK (in $)
2010 1,123,242,374 370,084,810
2011 1,412,908,716 395,901,215
2012 1,350,879,460 410,354,844
2013 1,356,682,212 430,990,952
2014 1,884,667,690 453,591,487
2015 2,834,452,093 516,090,965
2016 2,832,878,744 503,093,132
2017 2,284,840,604 515,360,570
2018 2,410,180,606 555,225,759
2019 2,066,774,847 544,287,640

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.