UK-Vermont 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 Vermont’s economy and supports over 1,000 jobs in the state.
Vermont jobs supported by UK companies
700 Vermonters employed by UK subsidiaries in 2018
1,180 jobs are supported by exports from Vermont to the UK worth $184 million in 2019.
Value of exports to the UK from Vermont
The UK was the 6th largest export market for Vermont in 2019
Total value of Vermont goods exports to the UK $93 million
Total value of Vermont services exports to the UK $92 million
Top exports from Vermont to the UK 2019
| Top Vermont goods exports to the UK | US$ |
|---|---|
| Miscellaneous manufactured commodities | $16 million |
| Semiconductors and components | $13 million |
| Aerospace products and parts | $13 million |
| Medical equipment and supplies | $11 million |
| Pharmaceuticals and medicines | $9.8 million |
| Top Vermont services exports to the UK | US$ |
|---|---|
| Personal travel | $29 million |
| Business management and consulting services | $18 million |
| Insurance services | $5.9 million |
| Business travel | $5.1 million |
| Computer software services | $4.6 million |
Trends in exports from Vermont to the UK 2010 to 2019
| Year | Goods exports to the UK (in $) | Services exports to the UK (in $) |
|---|---|---|
| 2010 | 40,886,743 | 70,409,235 |
| 2011 | 47,473,747 | 70,647,191 |
| 2012 | 54,759,539 | 70,396,316 |
| 2013 | 51,279,994 | 73,281,463 |
| 2014 | 73,584,975 | 74,341,574 |
| 2015 | 83,148,361 | 84,682,370 |
| 2016 | 70,703,773 | 83,011,632 |
| 2017 | 76,580,881 | 86,600,135 |
| 2018 | 84,978,949 | 92,806,648 |
| 2018 | 92,868,677 | 91,624,425 |
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.