Flag United Kingdom / Canada Flag

Exports Flag β†’ Flag  (2018): $7.2B, Rnk 17 / 217

Top Product Flag β†’ Flag (2018): $901M, Packaged Medicaments

Exports Flag β†’ Flag (2018): $12.9B, Rnk 3 / 212

Top Product Flag β†’ Flag (2018): $8.14B, Gold

Economic Complexity of Flag (2018): ECI 1.49, Rnk 13 / 137

Economic Complexity of Flag (2018): ECI 0.98, Rnk 25 / 137

GDP Flag (2018): $2.86T, CURRENT US$
Rnk 5 / 196

GDP GROWTH Flag (2008-2018): -2.31%, CURRENT US$
Rnk 171 / 196

GDP Flag (2018): $1.71T, CURRENT US$
Rnk 10 / 196

GDP GROWTH Flag (2008-2018): 10.6%, CURRENT US$
Rnk 141 / 196

GDP PC Flag (2018): $42,944, CURRENT US$
Rnk 22 / 196

GDP PC GROWTH Flag (2008-2018): -9.18%, CURRENT US$
Rnk 168 / 196

GDP PC Flag (2018): $46,233, CURRENT US$
Rnk 20 / 196

GDP PC GROWTH Flag (2008-2018): -0.78%, CURRENT US$
Rnk 149 / 196

United Kingdom-Canada: In 2018, United Kingdom exported $7.2B to Canada. The main products exported from United Kingdom to Canada were Packaged Medicaments ($901M), Cars ($867M), and Aircraft Parts ($760M). During the last 23 years the exports of United Kingdom to Canada have increased at an annualized rate of 2.95%, from $3.69B in 1995 to $7.2B in 2018. In 2017, United Kingdom exported services to Canada worth $5.19B, with Travel ($1.38B), Other business services ($1.11B), and Financial services ($886M) being the largest in terms of value.

Canada-United Kingdom: In 2018, Canada exported $12.9B to United Kingdom. The main products exported from Canada to United Kingdom were Gold ($8.14B), Crude Petroleum ($837M), and Nickel Mattes ($374M). During the last 23 years the exports of Canada to United Kingdom have increased at an annualized rate of 5.95%, from $3.41B in 1995 to $12.9B in 2018. 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.

Comparison: In 2018, United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.49), and 9 in total exports ($464B). That same year, Canada ranked 25 in the Economic Complexity Index (ECI 0.98), and 12 in total exports ($431B). In terms of GDP Per Capita, United Kingdom was ranked 22 with a GDP Per Capita of $42,944, and Canada was ranked 20 with a GDP Per Capita of $46,233.

Bilateral Trade by Products

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Depth
Value

In 2018, United Kingdom exported $7.2B to Canada. The main products exported from United Kingdom to Canada were Packaged Medicaments ($901M), Cars ($867M), and Aircraft Parts ($760M). During the last 23 years the exports of United Kingdom to Canada have increased at an annualized rate of 2.95%, from $3.69B in 1995 to $7.2B in 2018.

In 2018, Canada exported $12.9B to United Kingdom. The main products exported from Canada to United Kingdom were Gold ($8.14B), Crude Petroleum ($837M), and Nickel Mattes ($374M). During the last 23 years the exports of Canada to United Kingdom have increased at an annualized rate of 5.95%, from $3.41B in 1995 to $12.9B in 2018.

Market Competitiveness

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Measure

United Kingdom
Top Destination
: United States, $61.9B

Canada
Top Destination
: United States, $314B

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 2018, countries that imported more from United Kingdom than Canada were Germany ($45.5B), Netherlands ($33.3B), and France ($29.7B).

In 2018, countries that imported more from Canada than United Kingdom were United States ($314B), Mexico ($6.99B), and Japan ($10.2B).

Comparative Advantage United Kingdom - Canada

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Depth

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

During 2018, United Kingdom had a large net trade with Canada in the exports of Transportation ($1.92B), Machines ($1.63B), and Chemical Products ($1.38B).

During 2018, Canada had a large net trade with United Kingdom in the exports of Precious Metals ($8.34B), Mineral Products ($1.21B), and Machines ($812M).

Trade Forecasts

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This section shows a forecast for total trade between United Kingdom and Canada. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Bilateral Service Trade

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In 2017, United Kingdom exported services to Canada worth $5.19B, with Travel ($1.38B), Other business services ($1.11B), and Financial services ($886M) being the largest in terms of value.

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.

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 red.  This mean that the more blue a dot/product is, the more United Kingdom has comparative advantage over Canada. Similarly, the more red a dot/product is, the more Canada has comparative advantage over United Kingdom.