2023
Exports
$1.51MWorld Rnk 42 / 134
Flag Rnk 801 / 1181
2023
PRODUCT COMPLEXITY IN Horses
0.37Rnk 431 / 1025
2023
Imports
$868MWorld Rnk 1 / 161
Flag Rnk 59 / 1207
2023
ECONOMIC COMPLEXITY of Hong Kong
1.12Rnk 23 / 132

About

Exports In 2023, Hong Kong exported $1.51M in Horses, making it the 42nd largest exporter of Horses in the world. At the same year, Horses was the 801st most exported product in Hong Kong. The main destination of Horses exports from Hong Kong are: China ($566k), Ireland ($391k), New Zealand ($291k), United Kingdom ($184k), and Australia ($61.8k).

The fastest growing export markets for Horses of Hong Kong between 2022 and 2023 were Ireland ($391k), United Kingdom ($136k), and Australia ($24.3k).

Imports In 2023, Hong Kong imported $868M in Horses, becoming the 1st largest importer of Horses in the world. At the same year, Horses was the 59th most imported product in Hong Kong. Hong Kong imports Horses primarily from: China ($705M), Australia ($111M), United Kingdom ($31.7M), New Zealand ($15.4M), and United States ($2.79M).

The fastest growing import markets in Horses for Hong Kong between 2022 and 2023 were China ($97.5M), Australia ($9.05M), and New Zealand ($4.67M).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Horses. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$1.51M
IMPORTS (2023)$868M
NET TRADE (2023)-$867M

In 2023, Hong Kong exported $1.51M in Horses. The main destinations of Hong Kong exports on Horses were China ($566k), Ireland ($391k), New Zealand ($291k), United Kingdom ($184k), and Australia ($61.8k).

In 2023, Hong Kong imported $868M in Horses, mainly from China ($705M), Australia ($111M), United Kingdom ($31.7M), New Zealand ($15.4M), and United States ($2.79M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Horses EXPORT MARKETS FOR Hong Kong WERE (2022 - 2023):
Ireland$391k (1%)
United Kingdom$136k (283%)
Australia$24.3k (64.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Horses BY Hong Kong WERE (2022 - 2023):
China-$575M (-99.9%)
New Zealand-$134k (-31.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Hong Kong's main exporting competitors in Horses were:
In 2023, Hong Kong's main importing competitors in Horses were:

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Trade Value of Horses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNew Zealand+ $333k
TOP IMPORT POTENTIALUnited Kingdom+ $2.01M

Horses’s highest export potential is New Zealand. With an export gap of $333k.   Horses’s highest import potential is United Kingdom with an import gap of $2.01M.

See methodology.

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