2022
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GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
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GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
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 GDP
$2.24TCURRENT US$
Rnk 8 / 186
2012-2022
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GDP GROWTH
1.45%CURRENT US$
Rnk 164 / 186
2022
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GDP PC 
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186
2022
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GDP PC
$15,345CURRENT US$
Rnk 63 / 186
2012-2022
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GDP PC GROWTH
-0.49%CURRENT US$
Rnk 145 / 186

About

United Kingdom-Russia In 2022, United Kingdom exported $1.25B to Russia. The main products that United Kingdom exported to Russia are Packaged Medicaments ($363M), Cars ($51.8M), and Large Construction Vehicles ($40.6M). During the last 27 years the exports of United Kingdom to Russia have decreased at an annualized rate of 0.13%, from $1.3B in 1995 to $1.25B in 2022.

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 2022, Russia exported $6.37B to United Kingdom. The main products that Russia exported to United Kingdom were Gold ($2.26B), Refined Petroleum ($1.55B), and Petroleum Gas ($470M). During the last 27 years the exports of Russia to United Kingdom have increased at an annualized rate of 5.93%, from $1.35B in 1995 to $6.37B in 2022.

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 2022,  United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Kingdom exported $1.25B to Russia. The main products exported from United Kingdom to Russia were Packaged Medicaments ($363M), Cars ($51.8M), and Large Construction Vehicles ($40.6M). During the last 27 years the exports of United Kingdom to Russia have decreased at an annualized rate of 0.13%, from $1.3B in 1995 to $1.25B in 2022.

In 2022, Russia exported $6.37B to United Kingdom. The main products exported from Russia to United Kingdom were Gold ($2.26B), Refined Petroleum ($1.55B), and Petroleum Gas ($470M). During the last 27 years the exports of Russia to United Kingdom have increased at an annualized rate of 5.93%, from $1.35B in 1995 to $6.37B in 2022.

Exports from United Kingdom (Flag) to Russia (Flag) (2022)

Exports from Russia (Flag) to United Kingdom (Flag) (2022)

Market Competitiveness

Color
United Kingdom
Top Destination
United States$61.8B
Russia
Top Destination
China$101B

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 ($61.8B), Ireland ($32.6B), and Netherlands ($41.9B).

In 2021, countries that imported more from Russia than United Kingdom were China ($101B), India ($40.4B), and Turkey ($25.3B).

Difference in imports from Russia (Flag) and United Kingdom (Flag) (2022)

Comparative Advantage United Kingdom - Russia

Flow
Scale

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

During 2022, United Kingdom had a large net trade with Russia in the exports of Chemical Products ($600M), Machines ($217M), and Transportation ($92.1M).

During 2022, Russia had a large net trade with United Kingdom in the exports of Mineral Products ($2.75B), Precious Metals ($2.72B), and Chemical Products ($305M).

Service Trade

Bilateral Service Trade

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.

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

Services Exports from Russia (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 Russia. Similarly, the more yellow a dot/product is, the more Russia has comparative advantage over United Kingdom.

Product Space of United Kingdom (Flag) and Russia (Flag) (2022)

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