Flag United Kingdom / Canada Flag

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

2020
FlagFlag
Top Product
: $1.4B, Silver

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

2020
FlagFlag
Top Product
: $9.62B, Gold

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

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

2020
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GDP
: $2.76T, CURRENT US$
Rnk 5 / 204

2010-2020
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GDP GROWTH
: 10.7%, CURRENT US$
Rnk 139 / 204

2020
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 GDP
: $1.65T, CURRENT US$
Rnk 9 / 204

2010-2020
Flag
GDP GROWTH
: 1.74%, CURRENT US$
Rnk 160 / 204

2020
Flag
GDP PC 
: $41,098, CURRENT US$
Rnk 27 / 204

2010-2020
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GDP PC GROWTH
: 3.55%, CURRENT US$
Rnk 127 / 204

2020
Flag
GDP PC
: $43,258, CURRENT US$
Rnk 25 / 204

2010-2020
Flag
GDP PC GROWTH
: -9.05%, CURRENT US$
Rnk 166 / 204

United Kingdom-Canada In 2020, United Kingdom exported $7.03B to Canada. The main products that United Kingdom exported to Canada are 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.

Canada-United Kingdom In 2020, Canada exported $13.2B to United Kingdom. The main products that Canada exported 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, 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 2020,  United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.42), and 11 in total exports ($371B). That same year, Canada ranked 29 in the Economic Complexity Index (ECI 0.93), and 12 in total exports ($371B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

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.

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.

Market Competitiveness

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Measure

United Kingdom
Top Destination
: United States, $51.7B

Canada
Top Destination
: United States, $264B

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

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

Comparative Advantage United Kingdom - Canada

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Flow
Scale

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

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).

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).

Bilateral Service Trade

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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.

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