Flag United Kingdom / Russia Flag

2021
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Exports
: $3.84B, Rnk 23 / 222

2021
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Top Product
: $472M, Cars

2021
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Exports
: $24.7B, Rnk 4 / 192

2021
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Top Product
: $15.4B, Gold

2021
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Economic Complexity (ECI)
: ECI 1.43, Rnk 11 / 131

2021
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Economic Complexity (ECI)
: ECI 0.46, Rnk 45 / 131

2021
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GDP
: $3.19T, CURRENT US$
Rnk 5 / 182

2011-2021
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GDP GROWTH
: 19.1%, CURRENT US$
Rnk 110 / 182

2021
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 GDP
: $1.78T, CURRENT US$
Rnk 11 / 182

2011-2021
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GDP GROWTH
: -13.2%, CURRENT US$
Rnk 167 / 182

2021
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GDP PC 
: $47,334, CURRENT US$
Rnk 22 / 182

2011-2021
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GDP PC GROWTH
: 11.9%, CURRENT US$
Rnk 98 / 182

2021
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GDP PC
: $12,173, CURRENT US$
Rnk 61 / 182

2011-2021
Flag
GDP PC GROWTH
: -14.9%, CURRENT US$
Rnk 153 / 182

United Kingdom-Russia In 2021, United Kingdom exported $3.84B to Russia. The main products that United Kingdom exported to Russia are Cars ($472M), Packaged Medicaments ($278M), and Gas Turbines ($225M). During the last 26 years the exports of United Kingdom to Russia have increased at an annualized rate of 4.26%, from $1.3B in 1995 to $3.84B in 2021.

In 2019, United Kingdom exported services to Russia worth $2.71B, with Financial services ($981M), Other business services ($680M), and Travel ($319M) being the largest in terms of value.

Russia-United Kingdom In 2021, Russia exported $24.7B to United Kingdom. The main products that Russia exported to United Kingdom were Gold ($15.4B), Platinum ($3.43B), and Crude Petroleum ($1.41B). During the last 26 years the exports of Russia to United Kingdom have increased at an annualized rate of 11.8%, from $1.34B in 1995 to $24.7B in 2021.

In 2020, Russia exported services to United Kingdom worth $2.51B, with Other business services ($875M), Transportation ($483M), and Computer and information services ($407M) 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, Russia ranked 45 in the Economic Complexity Index (ECI 0.46), and 10 in total exports ($484B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2021, United Kingdom exported $3.84B to Russia. The main products exported from United Kingdom to Russia were Cars ($472M), Packaged Medicaments ($278M), and Gas Turbines ($225M). During the last 26 years the exports of United Kingdom to Russia have increased at an annualized rate of 4.26%, from $1.3B in 1995 to $3.84B in 2021.

In 2021, Russia exported $24.7B to United Kingdom. The main products exported from Russia to United Kingdom were Gold ($15.4B), Platinum ($3.43B), and Crude Petroleum ($1.41B). During the last 26 years the exports of Russia to United Kingdom have increased at an annualized rate of 11.8%, from $1.34B in 1995 to $24.7B in 2021.

Market Competitiveness

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Color

United Kingdom
Top Destination
: United States, $56.1B

Russia
Top Destination
: China, $70.9B

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

In 2021, countries that imported more from United Kingdom than Russia were United States ($56.1B), Ireland ($28.4B), and Switzerland ($25.7B).

In 2021, countries that imported more from Russia than United Kingdom were China ($70.9B), Belarus ($20.5B), and Kazakhstan ($18.1B).

Comparative Advantage United Kingdom - Russia

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Flow
Scale

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

During 2021, United Kingdom had a large net trade with Russia in the exports of Machines ($1.24B), Chemical Products ($829M), and Transportation ($739M).

During 2021, Russia had a large net trade with United Kingdom in the exports of Precious Metals ($19B), Mineral Products ($4.37B), and Wood Products ($350M).

Bilateral Service Trade

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In 2019, United Kingdom exported services to Russia worth $2.71B, with Financial services ($981M), Other business services ($680M), and Travel ($319M) being the largest in terms of value.

In 2020, Russia exported services to United Kingdom worth $2.51B, with Other business services ($875M), Transportation ($483M), and Computer and information services ($407M) 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 Russia. Similarly, the more yellow a dot/product is, the more Russia has comparative advantage over United Kingdom.