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Pricing

2022
Flag → Flag
Exports $12.9BRnk 4 / 215
2022
Flag → Flag
Top Product $7.53BGold
2022
Flag → Flag
Exports $7.02BRnk 18 / 224
2022
Flag → Flag
Top Product $1.17BSilver
2022
Flag
Economic Complexity (ECI) ECI 0.85Rnk 31 / 124
2022
Flag
Economic Complexity (ECI) ECI 1.38Rnk 12 / 124
2022
Flag  
GDP$2.14TCURRENT US$
Rnk 9 / 186
2012-2022
Flag
GDP GROWTH17%CURRENT US$
Rnk 129 / 186
2022
Flag
 GDP$3.07TCURRENT US$
Rnk 6 / 186
2012-2022
Flag
GDP GROWTH13.5%CURRENT US$
Rnk 139 / 186
2022
Flag
GDP PC $54,966CURRENT US$
Rnk 14 / 186
2012-2022
Flag
GDP PC GROWTH4.36%CURRENT US$
Rnk 130 / 186
2022
Flag
GDP PC$45,850CURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP PC GROWTH7.92%CURRENT US$
Rnk 122 / 186

About

Canada-United Kingdom In 2022, Canada exported $12.9B to United Kingdom. The main products that Canada exported to United Kingdom are Gold ($7.53B), Crude Petroleum ($1.02B), and Radioactive Chemicals ($526M). During the last 27 years the exports of Canada to United Kingdom have increased at an annualized rate of 5.35%, from $3.17B in 1995 to $12.9B in 2022.

In 2020, Canada exported services to United Kingdom worth $2.91B, with Financial services ($1.33B), Transportation ($672M), and Royalties and license fees ($319M) being the largest in terms of value.

United Kingdom-Canada In 2022, United Kingdom exported $7.02B to Canada. The main products that United Kingdom exported to Canada were Silver ($1.17B), Refined Petroleum ($571M), and Cars ($553M). During the last 27 years the exports of United Kingdom to Canada have increased at an annualized rate of 2.37%, from $3.73B in 1995 to $7.02B in 2022.

In 2019, United Kingdom exported services to Canada worth $0, with being the largest in terms of value.

Comparison In 2022,  Canada ranked 31 in the Economic Complexity Index (ECI 0.85), and 9 in total exports ($587B). That same year, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.38), and 14 in total exports ($469B).

Latest Trends

January, 2024

About

Overview In January 2024, Canada exported C$1.44B and imported C$561M from United Kingdom, resulting in a positive trade balance of C$880M. Between January 2023 and January 2024 the exports of Canada have decreased by C$-207M (-12.6%) from C$1.65B to C$1.44B, while imports decreased by C$-182M (-24.5%) from C$744M to C$561M.

Trade In January 2024, the top exports of Canada to United Kingdom were Gold (C$1.22B), Crude Petroleum (C$145M), Radioactive Chemicals (C$22.5M), Wheat (C$20.5M), and Newsprint (C$15.7M). In January 2024 the top imports of Canada from United Kingdom were Crude Petroleum (C$161M), Cars (C$78.3M), Packaged Medicaments (C$30.6M), Hard Liquor (C$30.2M), and Aircraft parts including unmanned craft (C$29.1M).

Origins In January 2024 the exports of Canada were mainly from Ontario (C$1.2B), Quebec (C$170M), Alberta (C$27.4M), Nova Scotia (C$12.5M), and British Columbia (C$11.1M), while imports destinations were mainly Ontario (C$217M), Quebec (C$156M), Nova Scotia (C$62.9M), British Columbia (C$50.5M), and Alberta (C$42M).

Growth In January 2024, the decrease in Canada's year-by-year exports to United Kingdom was explained primarily by an decrease in product exports in Fuel Wood (C$-29.1M or -85.8%), Iron Ore (C$-9.59M or -43.7%), and Non-Iron and Steel Slag, Ash and... (C$-8.3M or -98.3%). In January 2024, the decrease in Canada's year-by-year imports  from United Kingdom was explained primarily by an decrease in product imports  in Silver (C$-55.6M or -99.3%), Aircraft parts including unmanned craft (C$-22.6M or -43.8%), and Iron Blocks (C$-11.5M or -97.9%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)C$-207M(-12.6%)
IMPORT GROWTH (January 2023 - January 2024)C$-182M(-24.5%)
MAIN EXPORTER (January 2024)OntarioC$1.2B

This section shows exports and imports data at subnational level for Canada. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Canada over time.

To check United Kingdom and Canada trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Canada exported $12.9B to United Kingdom. The main products exported from Canada to United Kingdom were Gold ($7.53B), Crude Petroleum ($1.02B), and Radioactive Chemicals ($526M). During the last 27 years the exports of Canada to United Kingdom have increased at an annualized rate of 5.35%, from $3.17B in 1995 to $12.9B in 2022.

In 2022, United Kingdom exported $7.02B to Canada. The main products exported from United Kingdom to Canada were Silver ($1.17B), Refined Petroleum ($571M), and Cars ($553M). During the last 27 years the exports of United Kingdom to Canada have increased at an annualized rate of 2.37%, from $3.73B in 1995 to $7.02B in 2022.

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

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

Market Competitiveness

Color
Canada
Top DestinationUnited States$438B
United Kingdom
Top DestinationUnited States$61.8B

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

In 2021, countries that imported more from Canada than United Kingdom were United States ($438B), Japan ($14.3B), and Mexico ($7.39B).

In 2021, countries that imported more from United Kingdom than Canada were Netherlands ($41.9B), Germany ($40.6B), and Ireland ($32.6B).

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

Comparative Advantage Canada - United Kingdom

Flow
Scale

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

During 2022, Canada had a large net trade with United Kingdom in the exports of Precious Metals ($7.57B), Mineral Products ($1.38B), and Chemical Products ($822M).

During 2022, United Kingdom had a large net trade with Canada in the exports of Transportation ($1.41B), Machines ($1.24B), and Precious Metals ($1.23B).

Service Trade

Bilateral Service Trade

In 2020, Canada exported services to United Kingdom worth $2.91B, with Financial services ($1.33B), Transportation ($672M), and Royalties and license fees ($319M) being the largest in terms of value.

In 2019, United Kingdom exported services to Canada worth $0, with being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Canada (Flag) to United Kingdom (Flag) (2020)

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

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

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

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