Michigan and the United Kingdom



Download 65.91 Kb.
Date conversion20.05.2018
Size65.91 Kb.




Michigan and the United Kingdom

Trade and Investment Highlights

Michigan's economic relationship with the United Kingdom is already strong. The United Kingdom is a major export market for Michigan's goods and services, which support thousands of U.S. jobs, and U.K.-based firms are among the leading foreign investors in Michigan.


Michigan Goods Exports to the

UK, 2016


$879 million

Michigan Services Exports to the

UK, 2015


$1.1 billion

Jobs Supported by Michigan Exports to the UK, 2015

12,100

Estimated Number of UK

Subsidiaries in Michigan



253

MI: Goods Exports to the UK ($ million)

Growth since 2009: 63%

Growth since 2009: 36%

MI: Services Exports to the UK ($ billion)

The United Kingdom was Michigan's 6th largest export market in 2015.


Michigan and the United Kingdom Trade and Investment Highlights


UK-Affiliated Companies Located in Michigan

MI: Services Exports to the UK

UK subsidiaries in Michigan employed 24,000 workers in 2014.

Sources:

  • Goods, Jobs, and Services estimates prepared by The Trade Partnership and derived from U.S. government and private industry data.

  • Estimate of number of UK subsidiaries derived from Uniworld BP, Directory of Foreign Investment in the United States.

  • Estimate of employment by UK subsidiaries from Bureau of Economic Analysis, Foreign Direct Investment in the United States database. ´

© 2017 British Embassy Washington

MI: Goods Exports to the UK

1. Motor Vehicles

$166 million




1. Travel

$238 million

2. Pesticides & Fertilizers

$62 million




2. Passenger Fares

$117 million

3. Misc. General Purpose Machinery

$58 million




3. Air Freight & Port Services

$107 million

4. Aerospace Products & Parts

$57 million




4. Equip. Install., Maint., & Repair

$96 million

5. Motor Vehicle Parts

$52 million




5. Insurance Services

$95 million

Asterand Bioscience

R&D services

BAE Systems

Engineering services

Delphi Automotive

Auto parts manufacturer

Jackson National Life Insurance Co. (HQ)

Insurance services

LEGOLAND Discovery Center

Amusement park

TI Automotive (HQ)

Auto parts manufacturer





The database is protected by copyright ©ininet.org 2016
send message

    Main page