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United Kingdom Trade & Investment Summary
U.S. goods and services trade with United Kingdom totaled an estimated $295.6 billion in 2022. Exports were $158.2 billion; imports were $137.4 billion. The U.S. goods and services trade surplus with United Kingdom was $20.8 billion in 2022.
U.S. goods exports to United Kingdom in 2022 were $76.2 billion, up 23.6 percent ($14.5 billion) from 2021 and up 39 percent from 2012. U.S. goods imports from United Kingdom totaled $64.0 billion in 2022, up 13.7 percent ($7.7 billion) from 2021, and up 16 percent from 2012. U.S. exports to United Kingdom account for 3.7 percent of overall U.S. exports in 2022. The U.S. goods trade surplus with United Kingdom was $12.3 billion in 2022, a 127.0 percent increase ($6.9 billion) over 2021.
U.S. exports of services to United Kingdom were an estimated $82.0 billion in 2022, 20.1 percent ($14 billion) more than 2021, and 34 percent greater than 2012 levels. U.S. imports of services from United Kingdom were an estimated $73.5 billion in 2022, 17.5 percent ($11.0 billion) more than 2021, and 48 percent greater than 2012 levels. Leading services exports from the U.S. to United Kingdom were in the financial services, professional and management services, and travel sectors. The United States had a services trade surplus of an estimated $8.5 billion with United Kingdom in 2022, up 47.9 percent from 2021.
U.S. foreign direct investment (FDI) in United Kingdom (stock) was $1077.5 billion in 2022, a 3.9 percent increase from 2021. U.S. direct investment in United Kingdom is led by nonbank holding companies, finance and insurance, and information services.
United Kingdom's FDI in the United States (stock) was $663.4 billion in 2022, up 6.4 percent from 2021. United Kingdom's direct investment in the U.S. is led by manufacturing, professional, scientific, and technical services, and finance and insurance.