Flag United Kingdom / United States Flag

2020
FlagFlag
Exports
: $51.7B, Rnk 1 / 221

2020
FlagFlag
Top Product
: $6.17B, Cars

2020
FlagFlag
Exports
: $48.6B, Rnk 7 / 218

2020
FlagFlag
Top Product
: $6.31B, Gold

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

2020
Flag
Economic Complexity (ECI)
: ECI 1.56, Rnk 9 / 127

2020
Flag  
GDP
: $2.76T, CURRENT US$
Rnk 5 / 195

2010-2020
Flag
GDP GROWTH
: 10.8%, CURRENT US$
Rnk 136 / 195

2020
Flag
 GDP
: $21T, CURRENT US$
Rnk 1 / 195

2010-2020
Flag
GDP GROWTH
: 39.8%, CURRENT US$
Rnk 78 / 195

2020
Flag
GDP PC 
: $41,059, CURRENT US$
Rnk 24 / 195

2010-2020
Flag
GDP PC GROWTH
: 3.45%, CURRENT US$
Rnk 124 / 195

2020
Flag
GDP PC
: $63,593, CURRENT US$
Rnk 8 / 195

2010-2020
Flag
GDP PC GROWTH
: 31.2%, CURRENT US$
Rnk 57 / 195

United Kingdom-United States In 2020, United Kingdom exported $51.7B to United States. The main products that United Kingdom exported to United States are Cars ($6.17B), Packaged Medicaments ($3.15B), and Gas Turbines ($2.98B). During the last 25 years the exports of United Kingdom to United States have increased at an annualized rate of 2.65%, from $26.9B in 1995 to $51.7B in 2020.

In 2019, United Kingdom exported services to United States worth $105B, with Other business services ($48.8B), Financial services ($19.2B), and Insurance services ($12B) being the largest in terms of value.

United States-United Kingdom In 2020, United States exported $48.6B to United Kingdom . The main products that United States exported to United Kingdom were Gold ($6.31B), Crude Petroleum ($3.89B), and Gas Turbines ($3.25B). During the last 25 years the exports of United States to United Kingdom have increased at an annualized rate of 2.05%, from $29.3B in 1995 to $48.6B in 2020.

In 2011, United States exported services to United Kingdom worth $30.3B, with Travel ($10B), Royalties and license fees ($8.56B), and Transportation ($6.91B) 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, United States ranked 9 in the Economic Complexity Index (ECI 1.56), and 2 in total exports ($1.34T).

Historical Data

#permalink to section

Bilateral Trade by Products

#permalink to section
Depth
Value

In 2020, United Kingdom exported $51.7B to United States. The main products exported from United Kingdom to United States were Cars ($6.17B), Packaged Medicaments ($3.15B), and Gas Turbines ($2.98B). During the last 25 years the exports of United Kingdom to United States have increased at an annualized rate of 2.65%, from $26.9B in 1995 to $51.7B in 2020.

In 2020, United States exported $48.6B to United Kingdom. The main products exported from United States to United Kingdom were Gold ($6.31B), Crude Petroleum ($3.89B), and Gas Turbines ($3.25B). During the last 25 years the exports of United States to United Kingdom have increased at an annualized rate of 2.05%, from $29.3B in 1995 to $48.6B in 2020.

Market Competitiveness

#permalink to section
Measure

United Kingdom
Top Destination
: United States, $51.7B

United States
Top Destination
: Canada, $218B

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

In 2019, countries that imported more from United Kingdom than United States were Ireland ($26.8B), Sweden ($5.9B), and North Macedonia ($1.39B).

In 2019, countries that imported more from United States than United Kingdom were Canada ($218B), Mexico ($196B), and China ($122B).

Comparative Advantage United Kingdom - United States

#permalink to section
Flow

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

During 2020, United Kingdom had a large net trade with United States in the exports of Machines ($12.3B), Chemical Products ($11.2B), and Transportation ($9.77B).

During 2020, United States had a large net trade with United Kingdom in the exports of Machines ($11.6B), Precious Metals ($9.4B), and Mineral Products ($6.04B).

Bilateral Service Trade

#permalink to section

In 2019, United Kingdom exported services to United States worth $105B, with Other business services ($48.8B), Financial services ($19.2B), and Insurance services ($12B) being the largest in terms of value.

In 2011, United States exported services to United Kingdom worth $30.3B, with Travel ($10B), Royalties and license fees ($8.56B), and Transportation ($6.91B) being the largest in terms of value.

Service trade data is presented based on availability.

Economic Complexity

#permalink to section

Competitive Landscape

#permalink to section

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