2022
Flag  
GDP
$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
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GDP GROWTH
56.7%CURRENT US$
Rnk 45 / 186
2022
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 GDP
$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH
13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC 
$76,399CURRENT US$
Rnk 8 / 186
2012-2022
Flag
GDP PC GROWTH
47.5%CURRENT US$
Rnk 39 / 186
2022
Flag
GDP PC
$45,850CURRENT US$
Rnk 23 / 186
2012-2022
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GDP PC GROWTH
7.92%CURRENT US$
Rnk 122 / 186

About

United States-United Kingdom Trade: In 2022, United States exported $75.4B to United Kingdom. The main products that United States exported to United Kingdom were Crude Petroleum ($11.4B), Petroleum Gas ($9.51B), and Gold ($7.07B). Over the past 5 years the exports of United States to United Kingdom have increased at an annualized rate of 9.57%, from $47.7B in 2017 to $75.4B in 2022.

In 2017, United States exported services to United Kingdom worth $162B, with Financial services ($106B), Other business services ($17B), and Travel ($11.8B) being the largest in terms of value.

United Kingdom-United States Trade: In 2022, United Kingdom exported $61.8B to United States. The main products that United Kingdom exported to United States were Cars ($6.77B), Packaged Medicaments ($3.66B), and Gas Turbines ($3.65B). Over the past 5 years the exports of United Kingdom to United States have increased at an annualized rate of 2.76%,  from $54B in 2017 to $61.8B in 2022.

In 2019, United Kingdom exported services to United States worth $92.3B, with Other business services ($42.8B), Financial services ($16.8B), and Insurance services ($10.5B) being the largest in terms of value.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Company data: In 2023, leading companies such as Dole Fresh Fruit (6.62k), Diageo Beverages (3.83k), and J.C. Bamford (1.29k) were at the forefront of exporting goods from United Kingdom to the United States. Conversely, Other (1.86k), Unknown (1.68k), and Bananera Nacional S.a. (1.56k) were notable for importing products to United Kingdom from the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United States exported $75.4B to United Kingdom. The main products exported from United States to United Kingdom were Crude Petroleum ($11.4B), Petroleum Gas ($9.51B), and Gold ($7.07B). During the last 5 years the exports of United States to United Kingdom have increased at an annualized rate of 9.57%, from $47.7B in 2017 to $75.4B in 2022.

In 2017, United Kingdom exported $61.8B to United States. The main products exported from United Kingdom to United States were Cars ($6.77B), Packaged Medicaments ($3.66B), and Gas Turbines ($3.65B). During the last 5 years the exports of United Kingdom to United States have increased at an annualized rate of 2.76%, from $54B in 2022 to $61.8B in 2017.

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

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

Market Competitiveness

Color
United States
Top Destination
Canada$308B
United Kingdom
Top Destination
United States$61.8B

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

In 2022, countries that imported more from United States than United Kingdom included Canada ($308B), Mexico ($294B), and China ($151B).

In 2022, countries that imported more from United Kingdom than United States included Ireland ($32.6B), North Macedonia ($2.03B), and Slovakia ($1.41B).

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

Comparative Advantage United States - United Kingdom

Flow
Scale

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

During 2022, United States had a large net trade with United Kingdom in the exports of Mineral Products ($24B), Machines ($13B), and Precious Metals ($9.97B).

During 2017, United Kingdom had a large net trade with United States in the exports of Machines ($15.2B), Transportation ($11.1B), and Chemical Products ($11B).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States United Kingdom+$1.17BRefined Petroleum
Top Product Potential United Kingdom United States+$1.39BCars

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Bilateral Service Trade

In 2017, United States exported services to United Kingdom worth $162B, with Financial services ($106B), Other business services ($17B), and Travel ($11.8B) being the largest in terms of value.

In 2019, United Kingdom exported services to United States worth $92.3B, with Other business services ($42.8B), Financial services ($16.8B), and Insurance services ($10.5B) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from United States (Flag) to United Kingdom (Flag) (2017)

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

Service Trade

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United States and United Kingdom. This means that a dot/product with the flag of United States indicates it has a comparative advantage over United Kingdom. Similarly, a dot/product with the flag of United Kingdom indicates it has a comparative advantage over United States.

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

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