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Pricing

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

About

United Kingdom-Canada In 2022, United Kingdom exported $7.02B to Canada. The main products that United Kingdom exported to Canada are 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.

Canada-United Kingdom In 2022, Canada exported $12.9B to United Kingdom. The main products that Canada exported 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 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.

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

Latest Trends

January, 2024

About

Overview In January 2024, United Kingdom exported £302M and imported £1.48B from Canada, resulting in a negative trade balance of £1.18B. Between January 2023 and January 2024 the exports of United Kingdom have decreased by £-316M (-51.1%) from £618M to £302M, while imports increased by £232M (18.6%) from £1.25B to £1.48B.

Trade In January 2024, the top exports of United Kingdom to Canada were Commodities not elsewhere specified (£165M), Gold (£93.5M), Planes, Helicopters, and/or Spacecraft (£62.1M), Gas Turbines (£34.6M), and Cars (£31.2M). In January 2024 the top imports of United Kingdom from Canada were Gold (£681M), Crude Petroleum (£163M), Commodities not elsewhere specified (£128M), Fuel Wood (£26.6M), and Gas Turbines (£25.3M).

Origins In January 2024 the exports of United Kingdom were mainly from Liverpool (£104M), London Heathrow Airport (£68.9M), Southampton (£49.4M), London Stansted Airport (£21.5M), and East Midlands Airport (£16.3M), while imports destinations were mainly London Heathrow Airport (£1.07B), Liverpool (£151M), Southampton (£93.6M), London Luton Airport (£57.3M), and London Stansted Airport (£22.5M).

Growth In January 2024, the decrease in United Kingdom's year-by-year exports to Canada was explained primarily by an decrease in product exports in Planes, Helicopters, and/or Spacecraft (£-35.9M or -36.6%), Silver (£-9.66M or -46.6%), and Refined Petroleum (£-9.29M or -99.4%). In January 2024, the increase in United Kingdom's year-by-year imports  from Canada was explained primarily by an increase in product imports  in Commodities not elsewhere specified (£119M or 1.36k%), Crude Petroleum (£80.6M or 97.9%), and Gold (£62.6M or 10.1%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)£-316M(-51.1%)
IMPORT GROWTH (January 2023 - January 2024)£232M(18.6%)
MAIN EXPORTER (January 2024)Liverpool£104M

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

To check Canada and United Kingdom 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, 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.

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.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage United Kingdom - Canada

Flow
Scale

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

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).

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).

Service Trade

Bilateral Service Trade

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

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.

Service trade data is presented based on availability.

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

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

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

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