Horses in United States | The Observatory of Economic Complexity

About

Exports In 2022, United States exported $294M in Horses, making it the 7th largest exporter of Horses in the world. At the same year, Horses was the 505th most exported product in United States. The main destination of Horses exports from United States are: Japan ($66M), Canada ($59.4M), United Kingdom ($42.9M), Mexico ($34.7M), and Ireland ($18M).

The fastest growing export markets for Horses of United States between 2021 and 2022 were United Kingdom ($14.9M), Saudi Arabia ($13.2M), and United Arab Emirates ($4.78M).

Imports In 2022, United States imported $723M in Horses, becoming the 1st largest importer of Horses in the world. At the same year, Horses was the 463rd most imported product in United States. United States imports Horses primarily from: Germany ($169M), Netherlands ($168M), Ireland ($74.1M), United Kingdom ($67.1M), and Canada ($62.8M).

The fastest growing import markets in Horses for United States between 2021 and 2022 were Germany ($26.6M), United Kingdom ($19.1M), and Belgium ($10.8M).

COMPANIES In 2023, leading companies such as Melissa & Doug (2) were at the forefront of shipping Horses to the United States.

Latest Trends

April 2024

About

Overview In April 2024 United States' Horses exports accounted up to $22.2M and imports accounted up to $36.6M, resulting in a negative trade balance of $14.4M. Between April 2023 and April 2024 the exports of United States' Horses have decreased by $-1.66M (-6.97%) from $23.9M to $22.2M, while imports increased by $1.19M (3.35%) from $35.4M to $36.6M.

Destinations In April 2024, Horses were exported mostly to Canada ($9.61M), Mexico ($2.66M), Japan ($2.49M), Ireland ($2.24M), and Brazil ($1.51M), and were imported mostly from Germany ($7.29M), Ireland ($6.27M), Australia ($6.07M), Netherlands ($4.45M), and Canada ($3.38M).

Growth In April 2024, the decrease in Horses's year-by-year exports was explained primarily by a decrease in exports to United Kingdom ($-7.26M or -99.9%), Japan ($-5.69M or -71.6%), and Canada ($-1.43M or -37.7%). In April 2024, the increase in Horses's year-by-year imports was explained primarily by an increase in imports from Ireland ($4.66M or 83.4%), Denmark ($508k or 538%), and Sweden ($332k or 239%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (April 2023 - April 2024)$-1.66M(-6.97%)

IMPORT GROWTH (April 2023 - April 2024)$1.19M(3.35%)

MAIN EXPORTER (April 2024)Kentucky$24.9M

MAIN DESTINATION (April 2024)Canada$9.61M

This section shows Horses's exports and imports data at subnational level for United States. 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

Trade Value

Growth

Growth (%)

Year

EXPORTS (2022)$294M

IMPORTS (2022)$723M

NET TRADE (2022)-$429M

In 2022, United States exported $294M in Horses. The main destinations of United States exports on Horses were Japan ($66M), Canada ($59.4M), United Kingdom ($42.9M), Mexico ($34.7M), and Ireland ($18M).

In 2022, United States imported $723M in Horses, mainly from Germany ($169M), Netherlands ($168M), Ireland ($74.1M), United Kingdom ($67.1M), and Canada ($62.8M).

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