Flag Russia / United Kingdom Flag

2020
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Exports
: $25.3B, Rnk 2 / 187

2020
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Top Product
: $16.9B, Gold

2020
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Exports
: $2.84B, Rnk 25 / 221

2020
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Top Product
: $413M, Cars

2020
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Economic Complexity (ECI)
: ECI 0.5, Rnk 43 / 127

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

2020
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GDP
: $1.48T, CURRENT US$
Rnk 11 / 195

2010-2020
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GDP GROWTH
: -2.72%, CURRENT US$
Rnk 164 / 195

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

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

2020
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GDP PC 
: $10,127, CURRENT US$
Rnk 70 / 195

2010-2020
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GDP PC GROWTH
: -5.14%, CURRENT US$
Rnk 154 / 195

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

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

Russia-United Kingdom In 2020, Russia exported $25.3B to United Kingdom. The main products that Russia exported to United Kingdom are Gold ($16.9B), Platinum ($3.78B), and Refined Petroleum ($1.89B). During the last 25 years the exports of Russia to United Kingdom have increased at an annualized rate of 12.5%, from $1.34B in 1995 to $25.3B in 2020.

In 2018, Russia exported services to United Kingdom worth $2.88B, with Other business services ($926M), Transportation ($801M), and Computer and information services ($302M) being the largest in terms of value.

United Kingdom-Russia In 2020, United Kingdom exported $2.84B to Russia . The main products that United Kingdom exported to Russia were Cars ($413M), Packaged Medicaments ($201M), and Gas Turbines ($137M). During the last 25 years the exports of United Kingdom to Russia have increased at an annualized rate of 3.19%, from $1.3B in 1995 to $2.84B in 2020.

In 2019, United Kingdom exported services to Russia worth $3.09B, with Financial services ($1.12B), Other business services ($775M), and Travel ($364M) being the largest in terms of value.

Comparison In 2020,  Russia ranked 43 in the Economic Complexity Index (ECI 0.5), and 13 in total exports ($330B). That same year, United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.42), and 11 in total exports ($371B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Russia exported $25.3B to United Kingdom. The main products exported from Russia to United Kingdom were Gold ($16.9B), Platinum ($3.78B), and Refined Petroleum ($1.89B). During the last 25 years the exports of Russia to United Kingdom have increased at an annualized rate of 12.5%, from $1.34B in 1995 to $25.3B in 2020.

In 2020, United Kingdom exported $2.84B to Russia. The main products exported from United Kingdom to Russia were Cars ($413M), Packaged Medicaments ($201M), and Gas Turbines ($137M). During the last 25 years the exports of United Kingdom to Russia have increased at an annualized rate of 3.19%, from $1.3B in 1995 to $2.84B in 2020.

Market Competitiveness

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Measure

Russia
Top Destination
: China, $49.3B

United Kingdom
Top Destination
: United States, $51.7B

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

In 2019, countries that imported more from Russia than United Kingdom were China ($49.3B), Belarus ($15.8B), and Kazakhstan ($13.8B).

In 2019, countries that imported more from United Kingdom than Russia were United States ($51.7B), Ireland ($26.8B), and Germany ($39.9B).

Comparative Advantage Russia - United Kingdom

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Flow

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

During 2020, Russia had a large net trade with United Kingdom in the exports of Precious Metals ($21B), Mineral Products ($3.54B), and Wood Products ($185M).

During 2020, United Kingdom had a large net trade with Russia in the exports of Machines ($884M), Chemical Products ($644M), and Transportation ($572M).

Bilateral Service Trade

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In 2018, Russia exported services to United Kingdom worth $2.88B, with Other business services ($926M), Transportation ($801M), and Computer and information services ($302M) being the largest in terms of value.

In 2019, United Kingdom exported services to Russia worth $3.09B, with Financial services ($1.12B), Other business services ($775M), and Travel ($364M) 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 Russia has comparative advantage over United Kingdom. Similarly, the more yellow a dot/product is, the more United Kingdom has comparative advantage over Russia.