Flag Canada / United Kingdom Flag

2020
FlagFlag
Exports
: $13.2B, Rnk 3 / 217

2020
FlagFlag
Top Product
: $9.62B, Gold

2020
FlagFlag
Exports
: $7.03B, Rnk 12 / 221

2020
FlagFlag
Top Product
: $1.4B, Silver

2020
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Economic Complexity (ECI)
: ECI 0.93, Rnk 29 / 127

2020
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Economic Complexity (ECI)
: ECI 1.42, Rnk 13 / 127

2020
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GDP
: $1.65T, CURRENT US$
Rnk 9 / 195

2010-2020
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GDP GROWTH
: 1.74%, CURRENT US$
Rnk 155 / 195

2020
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 GDP
: $2.76T, CURRENT US$
Rnk 5 / 195

2010-2020
Flag
GDP GROWTH
: 10.8%, CURRENT US$
Rnk 136 / 195

2020
Flag
GDP PC 
: $43,295, CURRENT US$
Rnk 22 / 195

2010-2020
Flag
GDP PC GROWTH
: -8.97%, CURRENT US$
Rnk 157 / 195

2020
Flag
GDP PC
: $41,059, CURRENT US$
Rnk 24 / 195

2010-2020
Flag
GDP PC GROWTH
: 3.45%, CURRENT US$
Rnk 124 / 195

Canada-United Kingdom In 2020, Canada exported $13.2B to United Kingdom. The main products that Canada exported to United Kingdom are Gold ($9.62B), Crude Petroleum ($424M), and Iron Ore ($270M). During the last 25 years the exports of Canada to United Kingdom have increased at an annualized rate of 5.88%, from $3.16B in 1995 to $13.2B in 2020.

In 2018, Canada exported services to United Kingdom worth $1.78B, with Transportation ($1.04B) and Travel ($745M) being the largest in terms of value.

United Kingdom-Canada In 2020, United Kingdom exported $7.03B to Canada . The main products that United Kingdom exported to Canada were Silver ($1.4B), Gold ($715M), and Packaged Medicaments ($559M). During the last 25 years the exports of United Kingdom to Canada have increased at an annualized rate of 2.57%, from $3.73B in 1995 to $7.03B in 2020.

In 2019, United Kingdom exported services to Canada worth $0, with being the largest in terms of value.

Comparison In 2020,  Canada ranked 29 in the Economic Complexity Index (ECI 0.93), and 12 in total exports ($371B). That same year, United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.42), and 11 in total exports ($371B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Canada exported $13.2B to United Kingdom. The main products exported from Canada to United Kingdom were Gold ($9.62B), Crude Petroleum ($424M), and Iron Ore ($270M). During the last 25 years the exports of Canada to United Kingdom have increased at an annualized rate of 5.88%, from $3.16B in 1995 to $13.2B in 2020.

In 2020, United Kingdom exported $7.03B to Canada. The main products exported from United Kingdom to Canada were Silver ($1.4B), Gold ($715M), and Packaged Medicaments ($559M). During the last 25 years the exports of United Kingdom to Canada have increased at an annualized rate of 2.57%, from $3.73B in 1995 to $7.03B in 2020.

Market Competitiveness

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Measure

Canada
Top Destination
: United States, $264B

United Kingdom
Top Destination
: United States, $51.7B

This map shows whether countries import more from Canada or United Kingdom. Each country is colored based on the difference in imports they receive from Canada and United Kingdom or the difference in the growth in imports.

In 2019, countries that imported more from Canada than United Kingdom were United States ($264B), Mexico ($5.26B), and Japan ($9.44B).

In 2019, countries that imported more from United Kingdom than Canada were Germany ($39.9B), Ireland ($26.8B), and Netherlands ($25.1B).

Comparative Advantage Canada - United Kingdom

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Flow

This chart compares trade between Canada and United Kingdom by product, considering products traded by both, Canada and United Kingdom.

During 2020, Canada had a large net trade with United Kingdom in the exports of Precious Metals ($9.63B), Mineral Products ($787M), and Machines ($637M).

During 2020, United Kingdom had a large net trade with Canada in the exports of Precious Metals ($2.15B), Machines ($1.2B), and Transportation ($1.19B).

Bilateral Service Trade

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In 2018, Canada exported services to United Kingdom worth $1.78B, with Transportation ($1.04B) and Travel ($745M) being the largest in terms of value.

In 2019, United Kingdom exported services to Canada worth $0, with being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

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Competitive Landscape

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This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Canada has comparative advantage over United Kingdom. Similarly, the more yellow a dot/product is, the more United Kingdom has comparative advantage over Canada.