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2022
Exports $17.5MWorld Rnk 18 / 136
Flag Rnk 893 / 1217
2022
Destination $1.45M Belgium
2021 - 2022
FASTEST GROWING MARKET $1.45MBelgium
2022
PRODUCT COMPLEXITY IN Horses0.24Rnk 475 / 1025
2022
Imports $52.3MWorld Rnk 13 / 165
Flag Rnk 742 / 1215
2022
Origin $576k France
2021 - 2022
FASTEST GROWING ORIGIN $576kPortugal
2022
ECONOMIC COMPLEXITY of Italy1.29Rnk 17 / 133

About

Exports In 2022, Italy exported $17.5M in Horses, making it the 18th largest exporter of Horses in the world. At the same year, Horses was the 893rd most exported product in Italy. The main destination of Horses exports from Italy are: Belgium ($2.91M), Germany ($1.97M), France ($1.84M), Switzerland ($1.76M), and United States ($1.75M).

The fastest growing export markets for Horses of Italy between 2021 and 2022 were Belgium ($1.45M), United States ($1.24M), and Nigeria ($611k).

Imports In 2022, Italy imported $52.3M in Horses, becoming the 13th largest importer of Horses in the world. At the same year, Horses was the 742nd most imported product in Italy. Italy imports Horses primarily from: France ($12.8M), Poland ($10.2M), Romania ($6.06M), Spain ($5.71M), and Netherlands ($3.68M).

The fastest growing import markets in Horses for Italy between 2021 and 2022 were Portugal ($576k), France ($475k), and Argentina ($357k).

Latest Trends

March 2024

About

Overview In March 2024 Italy's Horses exports accounted up to €949k and imports accounted up to €3.6M, resulting in a negative trade balance of €2.65M. Between March 2023 and March 2024 the exports of Italy's   Horses have increased by €215k (29.3%) from €734k to €949k, while imports decreased by €-64k (-1.75%) from €3.66M to €3.6M.

Destinations In March 2024, Horses were exported mostly to Sweden (€510k), Germany (€395k), and France (€43.9k), and were imported mostly from Poland (€1.31M), France (€843k), Spain (€421k), Netherlands (€315k), and Slovenia (€268k).

Growth In March 2024, the increase in Horses's year-by-year exports was explained primarily by an increase in exports to France (€242k or 356%). In March 2024, the decrease in Horses's year-by-year imports was explained primarily by a decrease in imports from Romania (€-638k or -84.9%), Spain (€-402k or -54.4%), and Slovenia (€-41.3k or -12.6%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (March 2023 - March 2024)€215k(29.3%)
IMPORT GROWTH (March 2023 - March 2024)€-64k(-1.75%)
MAIN DESTINATION (March 2024)Sweden€510k

This section shows Horses's exports and imports data at subnational level for Italy. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Horses over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$17.5M
IMPORTS (2022)$52.3M
NET TRADE (2022)-$34.8M

In 2022, Italy exported $17.5M in Horses. The main destinations of Italy exports on Horses were Belgium ($2.91M), Germany ($1.97M), France ($1.84M), Switzerland ($1.76M), and United States ($1.75M).

In 2022, Italy imported $52.3M in Horses, mainly from France ($12.8M), Poland ($10.2M), Romania ($6.06M), Spain ($5.71M), and Netherlands ($3.68M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Horses EXPORT MARKETS FOR Italy WERE (2021 - 2022):
Belgium$1.45M (99.9%)
United States$1.24M (238%)
Nigeria$611k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Horses BY Italy WERE (2021 - 2022):
Sweden-$1.91M (-62.5%)
France-$454k (-19.8%)
Ireland-$166k (-62.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Italy's main exporting competitors in Horses were:
United Kingdom $643M
China $608M
Hong Kong $576M
In 2022, Italy's main importing competitors in Horses were:
United States $723M
Hong Kong $699M
China $597M

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Trade Value of Horses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.45M
TOP IMPORT POTENTIALFrance+ $2.99M

Horses’s highest export potential is United States. With an export gap of $1.45M.   Horses’s highest import potential is France with an import gap of $2.99M.

See methodology.

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