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Horses, asses, mules and hinnies; live

0101 (Harmonized System 1992 for 4-digit)

2023
World Trade $3.79BRnk 615 / 1217
2023
Top Exporter | Top Importer $705M | $868MChina | Hong Kong
2023
Product Complexity -0.023Rnk 579 / 1044
2022 - 2023
Export Growth (CAGR) -9.95%Rnk 744 / 1217
2023
Share of World Trade 0.017%Rnk 615 / 1217

About

Overview This page contains the latest trade data of Horses. In 2023, Horses were the world's 615th most traded product, with a total trade of $3.79B. Between 2022 and 2023 the exports of Horses decreased by -9.95%, from $4.21B to $3.79B. Trade in Horses represent 0.017% of total world trade.

Horses are a part of Live animals. They include Pure-bred Breeding Horses, Non-breeding Horses, and Live Donkeys, Mules, and Crossbreeds.

Exports In 2023 the top exporters of Horses  were China ($705M), Ireland ($611M), United Kingdom ($504M), Germany ($356M), and United States ($265M).

Imports In 2023 the top importers of Horses were Hong Kong ($868M), United States ($696M), United Kingdom ($595M), Ireland ($309M), and Japan ($189M).

Ranking Horses ranks 579th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Flow
Y-AXIS SCALE

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.

Explore Latest Trends

* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)China$705M
Top Destination (2023)Hong Kong$868M

In 2023 Horses were the world's 615th most traded product (out of 1,217).

In 2023, the top exporters of Horses were China ($705M), Ireland ($611M), United Kingdom ($504M), Germany ($356M), and United States ($265M).

In 2023, the top importers of Horses were Hong Kong ($868M), United States ($696M), United Kingdom ($595M), Ireland ($309M), and Japan ($189M).

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Exporters of Horses (2023)
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Importers of Horses (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)Ireland$206M
Top Destination Growth (2022 -  2023)United Kingdom$140M

Between 2022 and 2023, the exports of Horses grew the fastest in Ireland ($206M), China ($97.3M), New Zealand ($20.2M), Japan ($7.87M), and Poland ($6.69M).

Between 2022 and 2023, the fastest growing importers of Horses were United Kingdom ($140M), Hong Kong ($118M), France ($35.2M), Japan ($25.5M), and Switzerland ($19.8M).

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Exporters of Horses (2022 - 2023)

Importers of Horses (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Horses.

In 2023, market concentration measured using Shannon Entropy, was 3.75. This means that most of the exports of Horses are explained by 13 countries.

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Value of Exports in Horses

Net Trade

TOP NET EXPORTER (2023)China$676M
TOP NET IMPORTER (2023)Hong Kong$867M

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 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Horses were China ($676M), Germany ($312M), Ireland ($302M), Netherlands ($232M), and Belgium ($126M).

In 2023, the countries that had a largest trade value in imports than in exports of Horses were Hong Kong ($867M), United States ($431M), Japan ($165M), Switzerland ($98.9M), and United Kingdom ($91.6M).

Net Trade (2023)

Disaggregation

Value

In 2023, the world most traded Horses, disaggragated by their HS6 level were Non-breeding Horses ($2.27B) and Pure-bred Breeding Horses ($1.53B)

HS6 Disaggregation for Horses (2023)
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Country Comparison

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Ranking

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.

Top 10 Exporters Countries of Horses by percentage of total exports

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIreland+ $1.29M
TOP IMPORT POTENTIALNetherlands+ $6.61M

Horses’s highest export potential is Ireland. With an export gap of $1.29M.  Horses’s highest import potential is Netherlands with an import gap of $6.61M.

See methodology.

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Product Complexity

Diversification Frontier

Specialization

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.

Relatedness vs Country Complexity (2023)

Related Products

This visualization shows products that are likely to be exported by countries that export Horses.

Country by Relatedness

The following visualization shows the relatedness of Horses to countries. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Relative Relatedness by Country (2023)

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