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 |
Trends in exports from South Carolina to the UK 2010 to 2019
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 |
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.