HorsesHorses, asses, mules and hinnies; live
0101 (Harmonized System 1992 for 4-digit)
2021 World Trade: $4.59B, Rnk 559 / 1217
2021 Top Exporter | Top Importer: $728M | $909M, China | Hong Kong
2021 Product Complexity: 0.29, Rnk 454 / 1024
2020 - 2021 Export Growth (CAGR): 23%, Rnk 535 / 1217
2018 Mean Tariff: 7.55%, Rnk 575 / 1259
2021 Share of World Trade: 0.022%, Rnk 559 / 1217
Overview This page contains the latest trade data of Horses. In 2021, Horses were the world's 559th most traded product, with a total trade of $4.59B. Between 2020 and 2021 the exports of Horses grew by 23%, from $3.73B to $4.59B. Trade in Horses represent 0.022% of total world trade.
Horses are a part of Live animals. They include Horses, live pure-bred breeding, Horses, live except pure-bred breeding, and Asses, mules and hinnies, live.
Exports In 2021 the top exporters of Horses were China ($728M), Hong Kong ($718M), United Kingdom ($668M), Ireland ($513M), and Netherlands ($331M).
Imports In 2021 the top importers of Horses were Hong Kong ($909M), China ($741M), United States ($694M), United Kingdom ($531M), and Ireland ($478M).
Tariffs In 2018 the average tariff for Horses was 7.55%, making it the 575th lowest tariff using the HS4 product classification.
Ranking Horses ranks 454th in the Product Complexity Index (PCI).
The following visualization shows the latest trends on Horses. Countries are shown based on data availability.
For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.
* Using January 2020 exchange rates when trade data is reported in local currency.
Trade By Country
Horses are the world's 559th most traded product.
In 2021, the top exporters of Horses were China ($728M), Hong Kong ($718M), United Kingdom ($668M), Ireland ($513M), and Netherlands ($331M).
In 2021, the top importers of Horses were Hong Kong ($909M), China ($741M), United States ($694M), United Kingdom ($531M), and Ireland ($478M).
Trade by country
Top Origin Growth (2020 - 2021): United Kingdom, $167M
Top Destination Growth (2020 - 2021): United States, $201M
Between 2020 and 2021, the exports of Horses grew the fastest in United Kingdom ($167M), China ($155M), Hong Kong ($150M), Netherlands ($119M), and Germany ($60.1M).
Between 2020 and 2021, the fastest growing importers of Horses were United States ($201M), Hong Kong ($192M), China ($167M), Ireland ($86M), and Japan ($58.7M).
Cumulative market share
This chart shows the evolution of the market concentration of exports of Horses.
In 2021, market concentration measured using Shannon Entropy, was 3.77. This means that most of the exports of Horses are explained by 13 countries.
TOP NET EXPORTER (2021): Netherlands, $287M
TOP NET IMPORTER (2021): United States, $403M
This map shows which countries export or import more of Horses. Each country is colored based on the difference in exports and imports of Horses during 2021.
In 2021, the countries that had a largest trade value in exports than in imports of Horses were Netherlands ($287M), Germany ($210M), United Kingdom ($137M), New Zealand ($123M), and France ($105M).
In 2021, the countries that had a largest trade value in imports than in exports of Horses were United States ($403M), Hong Kong ($191M), Japan ($189M), Mexico ($67.7M), and Switzerland ($53.3M).
In 2021, the world most traded Horses, disaggragated by their HS6 level were Horses, live except pure-bred breeding ($2.91B), Horses, live pure-bred breeding ($1.68B), and Asses, mules and hinnies, live ($156k)
This visualization shows the countries that have an important ratio of their trade related to Horses. It is possible to select the main countries that export or import Horses in the world, or by continent, as well as select the measure of interest.
The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.
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