UK-Texas 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 Texas’ economy and supports thousands of jobs in the state.
Texas jobs supported by UK companies
119,900 Texans employed by UK subsidiaries in 2018
63,420 jobs are supported by exports from Texas to the UK worth $14.8 billion in 2019.
Value of exports to the UK from Texas
The UK was the 7th largest export market for Texas in 2019
Total value of Texas goods exports to the UK $9.4 billion
Total value of Texas services exports to the UK $5.5 billion
Top exports from Texas to the UK 2019
| Top Texas goods exports to the UK | US$ |
|---|---|
| Oil and gas | $5.5 billion |
| Aerospace products and parts | $786 million |
| Petroleum and coal products | $406 million |
| Basic chemicals | $276 million |
| Computer equipment | $238 million |
| Top Texas services exports to the UK | US$ |
|---|---|
| Business management and consulting services | $1.1 billion |
| Personal travel and tourism | $660 million |
| Passenger fares | $441 million |
| Equipment installation, maintenance and repair | $331 million |
| Royalties from industrial processes | $327 million |
Trends in exports from Texas to the UK 2010 to 2019
| Year | Goods exports to the UK (in $) | Services exports to the UK (in $) |
|---|---|---|
| 2010 | 3,261,573,232 | 3,691,983,967 |
| 2011 | 4,051,522,577 | 3,819,390,346 |
| 2012 | 4,082,450,625 | 3,930,742,236 |
| 2013 | 3,559,698,517 | 4,104,256,914 |
| 2014 | 4,187,888,489 | 4,439,079,745 |
| 2015 | 3,960,547,065 | 5,025,627,096 |
| 2016 | 3,553,141,115 | 4,968,014,496 |
| 2017 | 5,278,867,893 | 5,106,041,808 |
| 2018 | 7,975,839,671 | 5,569,324,475 |
| 2019 | 9,350,038,910 | 5,456,007,656 |
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.