UK bilateral trade relations
UK trade relations with Canada
The UK is Canada's second biggest world trading partner after the US. Government contacts take place bilaterally, but also through the Commonwealth and the European Union (EU).
There are many advantages to trading with Canada - there are no language differences, and the business culture is similar. There are also many UK businesses already established in Canada.
If you are exporting to Canada, UK products benefit from preferential tariffs under Commonwealth agreements. This market access is beneficial to UK businesses and gives them an advantage over other EU countries. Canada and the EU are also currently negotiating a comprehensive economic partnership agreement.
Science, technology and clinical research are particularly strong areas of UK-Canada trade. Other opportunities exist in a wide range of sectors - from oil and chemicals to engineering and media services.
HM Revenue & Customs (HMRC) provides practical advice on importing and exporting.