2021
Flag  
GDP
$3.12TCURRENT US$
Rnk 6 / 204
2011-2021
Flag
GDP GROWTH
17.1%CURRENT US$
Rnk 124 / 204
2021
Flag
 GDP
$2TCURRENT US$
Rnk 9 / 204
2011-2021
Flag
GDP GROWTH
11.6%CURRENT US$
Rnk 139 / 204
2021
Flag
GDP PC 
$46,586CURRENT US$
Rnk 29 / 204
2011-2021
Flag
GDP PC GROWTH
10.5%CURRENT US$
Rnk 114 / 204
2021
Flag
GDP PC
$52,359CURRENT US$
Rnk 23 / 204
2011-2021
Flag
GDP PC GROWTH
0.26%CURRENT US$
Rnk 143 / 204

About

United Kingdom-Canada In 2021, United Kingdom exported $6.7B to Canada. The main products that United Kingdom exported to Canada are Silver ($1.23B), Cars ($599M), and Aircraft Parts ($430M). During the last 26 years the exports of United Kingdom to Canada have increased at an annualized rate of 2.28%, from $3.73B in 1995 to $6.7B in 2021.

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

Canada-United Kingdom In 2021, Canada exported $11.8B to United Kingdom. The main products that Canada exported to United Kingdom were Gold ($7.62B), Radioactive Chemicals ($519M), and Crude Petroleum ($343M). During the last 26 years the exports of Canada to United Kingdom have increased at an annualized rate of 5.2%, from $3.16B in 1995 to $11.8B in 2021.

In 2020, Canada exported services to United Kingdom worth $2.91B, with Financial services ($1.33B), Transportation ($672M), and Royalties and license fees ($319M) being the largest in terms of value.

Comparison In 2021,  United Kingdom ranked 11 in the Economic Complexity Index (ECI 1.43), and 13 in total exports ($420B). That same year, Canada ranked 32 in the Economic Complexity Index (ECI 0.9), and 9 in total exports ($484B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, United Kingdom exported $6.7B to Canada. The main products exported from United Kingdom to Canada were Silver ($1.23B), Cars ($599M), and Aircraft Parts ($430M). During the last 26 years the exports of United Kingdom to Canada have increased at an annualized rate of 2.28%, from $3.73B in 1995 to $6.7B in 2021.

In 2021, Canada exported $11.8B to United Kingdom. The main products exported from Canada to United Kingdom were Gold ($7.62B), Radioactive Chemicals ($519M), and Crude Petroleum ($343M). During the last 26 years the exports of Canada to United Kingdom have increased at an annualized rate of 5.2%, from $3.16B in 1995 to $11.8B in 2021.

Exports from United Kingdom (Flag) to Canada (Flag) (2021)

Exports from Canada (Flag) to United Kingdom (Flag) (2021)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$56.1B
Canada
Top Destination
United States$355B

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

In 2021, countries that imported more from United Kingdom than Canada were Germany ($39.5B), Netherlands ($34.6B), and Ireland ($28.4B).

In 2021, countries that imported more from Canada than United Kingdom were United States ($355B), Mexico ($7.14B), and Japan ($11.9B).

Difference in imports from Canada (Flag) and United Kingdom (Flag) (2021)

Comparative Advantage United Kingdom - Canada

Flow
Scale

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

During 2021, United Kingdom had a large net trade with Canada in the exports of Machines ($1.32B), Precious Metals ($1.28B), and Transportation ($1.26B).

During 2021, Canada had a large net trade with United Kingdom in the exports of Precious Metals ($7.63B), Chemical Products ($743M), and Mineral Products ($704M).

Service Trade

Bilateral Service Trade

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

In 2020, Canada exported services to United Kingdom worth $2.91B, with Financial services ($1.33B), Transportation ($672M), and Royalties and license fees ($319M) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United Kingdom (Flag) to Canada (Flag) (2019)

Services Exports from Canada (Flag) to United Kingdom (Flag) (2020)

Economic Complexity

Competitive Landscape

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 United Kingdom has comparative advantage over Canada. Similarly, the more yellow a dot/product is, the more Canada has comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Canada (Flag) (2021)

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