UK-Tennessee 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 Tennessee’s economy and supports thousands of jobs in the state.
Tennessee jobs supported by UK companies
23,700 Tennesseans employed by UK subsidiaries in 2018
11,630 jobs are supported by exports from Tennessee to the UK worth $1.9 billion in 2019.
Value of exports to the UK from Tennessee
The UK was the 5th largest export market for Tennessee in 2019
Total value of Tennessee goods exports to the UK $1.0 billion
Total value of Tennessee services exports to the UK $920 million
Top exports from Tennessee to the UK 2019
| Top Tennessee goods exports to the UK | US$ |
|---|---|
| Aerospace products and parts | $300 million |
| Electrical equipment and components | $228 million |
| Medical equipment and supplies | $77 million |
| Navigational and measurement instruments | $65 million |
| Pharmaceuticals and medicines | $63 million |
| Top Tennessee services exports to the UK | US$ |
|---|---|
| Personal travel and tourism | $248 million |
| Business management and consulting services | $193 million |
| Equipment installation, maintenance and repair | $63 million |
| Insurance services | $45 million |
| Business travel | $44 million |
Trends in exports from Tennessee to the UK 2010 to 2019
| Year | Goods exports to the UK (in $) | Services exports to the UK (in $) |
|---|---|---|
| 2010 | 697,697,036 | 650,261,297 |
| 2011 | 888,683,945 | 659,232,706 |
| 2012 | 897,137,085 | 696,503,351 |
| 2013 | 884,621,600 | 710,889,310 |
| 2014 | 919,450,944 | 743,930,040 |
| 2015 | 955,816,429 | 830,468,675 |
| 2016 | 953,649,466 | 835,160,902 |
| 2017 | 934,235,275 | 842,888,039 |
| 2018 | 1,124,779,797 | 924,353,774 |
| 2019 | 1,012,500,092 | 920,128,208 |
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.