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United Kingdom

U.S. goods and services trade with United Kingdom totaled an estimated $231.9 billion in 2017. Exports were $123.0 billion; imports were $108.9 billion. The U.S. goods and services trade surplus with United Kingdom was $14.2 billion in 2017.

United Kingdom is currently our 7th largest goods trading partner with $109.4 billion in total (two way) goods trade during 2017. Goods exports totaled $56.3 billion; goods imports totaled $53.1 billion. The U.S. goods trade surplus with United Kingdom was $3.3 billion in 2017.

Trade in services with United Kingdom (exports and imports) totaled an estimated $122.5 billion in 2017. Services exports were $66.7 billion; services imports were $55.8 billion. The U.S. services trade surplus with United Kingdom was $10.9 billion in 2017.

According to the Department of Commerce, U.S. exports of Goods and Services to United Kingdom supported an estimated 665 thousand jobs in 2015 (latest data available) (238 thousand supported by goods exports and 427 thousand supported by services exports).

Exports

  • United Kingdom was the United States' 5th largest goods export market in 2017.
  • U.S. goods exports to United Kingdom in 2017 were $56.3 billion, up 2.0% ($1.1 billion) from 2016 and up 12.6% from 2007.  U.S. exports to United Kingdom account for 3.6% of overall U.S. exports in 2017. 
  • The top export categories (2-digit HS) in 2017 were: aircraft ($9.4 billion), precious metal and stone (gold) ($6.6 billion), machinery ($5.9 billion), electrical machinery ($4.0 billion), and mineral fuels ($3.5 billion). 
  • U.S. total exports of agricultural products to United Kingdom totaled $1.8 billion in 2017. Leading domestic export categories include: wine & beer ($262 million), tree nuts ($212 million), prepared food ($157 million), live animals ($87 million), and fresh vegetables ($84 million). 
  • U.S. exports of services to United Kingdom were an estimated $69.6 billion in 2017, 4.1% ($2.8 billion) more than 2016, and 17.6% greater than 2007 levels.  Leading services exports from the U.S. to United Kingdom were in the financial services, travel, and professional and management services sectors. 

Imports

  • United Kingdom was the United States' 7th largest supplier of goods imports in 2017. 
  • U.S. goods imports from United Kingdom totaled $53.1 billion in 2017, down 2.2% ($1.2 billion) from 2016, and down 6.7% from 2007.  U.S. imports from United Kingdom account for 2.3% of overall U.S. imports in 2017.
  • The top import categories (2-digit HS) in 2017 were: vehicles ($9.6 billion), machinery ($7.5 billion), special other (returns) ($5.0 billion), pharmaceuticals ($4.3 billion), and optical and medical instruments ($3.3 billion).
  • U.S. total imports of agricultural products from United Kingdom totaled $811 million in 2017. Leading categories include: snack foods ($115 million), wine and beer ($73 million), live animals ($59 million), essential oils ($46 million), and cheese ($44 million). 
  • U.S. imports of services from United Kingdom were an estimated $56.9 billion in 2017, 8.8% ($4.6 billion) more than 2016, and 36.0% greater than 2007 levels.  Leading services imports from United Kingdom to the U.S. were in the financial services, travel, and transport sectors. 

Trade Balance

  • The U.S. goods trade surplus with United Kingdom was $3.2 billion in 2017, a 255.9% increase ($2.3 billion) over 2016. 
  • The United States has a services trade surplus of an estimated $12.7 billion with United Kingdom in 2017, down 13% from 2016. 

Investment 

  • U.S. foreign direct investment (FDI) in United Kingdom (stock) was $747.6 billion in 2017, a 9.0% increase from 2016. U.S. direct investment in United Kingdom is led by nonbank holding companies, finance and insurance, and manufacturing. 
  • United Kingdom's FDI in the United States (stock) was $540.9 billion in 2017, up 1.1% from 2016. United Kingdom's direct investment in the U.S. is led by manufacturing, finance and insurance, and information services. 
  • Sales of services in United Kingdom by majority U.S.-owned affiliates were $230.6 billion in 2015 (latest data available), while sales of services in the United States by majority United Kingdom-owned firms were $134.6 billion.