UK-Montana trade and investment highlights
Updated 25 June 2021
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The US and UK have a strong trade relationship worth more than $200 billion a year, and a total of $1 trillion invested in each other’s economies. This relationship plays a pivotal role in Montana’s economy and supports hundreds of jobs in the state.
Montana jobs supported by UK companies
1,600 Montanans employed by UK subsidiaries in 2018
990 jobs are supported by exports from Montana to the UK worth $149 million in 2019.
Value of exports to the UK from Montana
The UK was the 5th largest export market for Montana in 2019
Total value of Montana goods exports to the UK $39 million
Total value of Montana services exports to the UK $110 million
Top exports from Montana to the UK 2019
| Top Montana goods exports to the UK | US$ |
|---|---|
| Electrical equipment | $13 million |
| Basic chemicals | $9.5 million |
| Navigational and measurement instruments | $2.8 million |
| Aerospace products and parts | $2.2 million |
| Miscellaneous general purpose machinery | $2.1 million |
| Top Montana services exports to the UK | US$ |
|---|---|
| Personal travel and tourism | $35 million |
| Miscellaneous financial services | $19 million |
| Bank lending-related services | $10 million |
| Equipment installation and maintenance | $8.0 million |
| Business management and consulting services | $7.4 million |
Trends in exports from Montana to the UK 2010 to 2019
| Year | Goods exports to the UK (in $) | Services exports to the UK (in $) |
|---|---|---|
| 2010 | 39,147,141 | 74,099,926 |
| 2011 | 35,102,757 | 76,081,716 |
| 2012 | 21,003,606 | 78,359,231 |
| 2013 | 22,606,599 | 78,739,142 |
| 2014 | 23,426,258 | 83,226,507 |
| 2015 | 25,982,990 | 93,935,270 |
| 2016 | 21,899,176 | 95,291,542 |
| 2017 | 25,759,792 | 100,518,288 |
| 2018 | 32,305,076 | 108,683,666 |
| 2019 | 39,060,189 | 110,047,384 |
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.