2022
Exports
$576MWorld Rnk 3 / 136
Flag Rnk 30 / 1177
2022
PRODUCT COMPLEXITY IN Horses
0.24Rnk 475 / 1025
2022
Imports
$699MWorld Rnk 2 / 165
Flag Rnk 75 / 1207
2022
ECONOMIC COMPLEXITY of Hong Kong
1.18Rnk 21 / 133

About

Exports In 2022, Hong Kong exported $576M in Horses, making it the 3rd largest exporter of Horses in the world. At the same year, Horses was the 30th most exported product in Hong Kong. The main destination of Horses exports from Hong Kong are: China ($576M), New Zealand ($424k), United Kingdom ($47.6k), Australia ($37.4k), and Singapore ($14.6k).

The fastest growing export markets for Horses of Hong Kong between 2021 and 2022 were New Zealand ($171k) and Australia ($18.2k).

Imports In 2022, Hong Kong imported $699M in Horses, becoming the 2nd largest importer of Horses in the world. At the same year, Horses was the 75th most imported product in Hong Kong. Hong Kong imports Horses primarily from: China ($607M), Australia ($62.7M), United Kingdom ($17.8M), New Zealand ($8.3M), and Ireland ($732k).

The fastest growing import markets in Horses for Hong Kong between 2021 and 2022 were Ireland ($732k), Brazil ($718k), and Argentina ($460k).

Latest Trends

Jul 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 (2022)$576M
IMPORTS (2022)$699M
NET TRADE (2022)-$122M

In 2022, Hong Kong exported $576M in Horses. The main destinations of Hong Kong exports on Horses were China ($576M), New Zealand ($424k), United Kingdom ($47.6k), Australia ($37.4k), and Singapore ($14.6k).

In 2022, Hong Kong imported $699M in Horses, mainly from China ($607M), Australia ($62.7M), United Kingdom ($17.8M), New Zealand ($8.3M), and Ireland ($732k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Horses EXPORT MARKETS FOR Hong Kong WERE (2021 - 2022):
New Zealand$171k (67.2%)
Australia$18.2k (95.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Horses BY Hong Kong WERE (2021 - 2022):
China-$142M (-19.7%)
United Kingdom-$32.7k (-40.7%)
Germany-$20k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Hong Kong's main exporting competitors in Horses were:
In 2022, 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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