Horses in Spain | The Observatory of Economic Complexity

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Exports In 2022, Spain exported $28M in Horses, making it the 16th largest exporter of Horses in the world. At the same year, Horses was the 759th most exported product in Spain. The main destination of Horses exports from Spain are: Italy ($5.71M), United States ($4.84M), Mexico ($4.67M), France ($4.15M), and United Kingdom ($1.78M).

The fastest growing export markets for Horses of Spain between 2021 and 2022 were Mexico ($2.29M), France ($2.2M), and United Kingdom ($1.76M).

Imports In 2022, Spain imported $15.2M in Horses, becoming the 23rd largest importer of Horses in the world. At the same year, Horses was the 902nd most imported product in Spain. Spain imports Horses primarily from: France ($5.68M), United Kingdom ($2.33M), Netherlands ($2.27M), Ireland ($1.06M), and Germany ($1.05M).

The fastest growing import markets in Horses for Spain between 2021 and 2022 were France ($1.48M), Portugal ($687k), and Ireland ($401k).

Latest Trends

February 2024

About

Overview In February 2024 Spain's Horses exports accounted up to €1.26M and imports accounted up to €300k, resulting in a positive trade balance of €959k. Between February 2023 and February 2024 the exports of Spain's Horses have increased by €123k (10.8%) from €1.14M to €1.26M, while imports decreased by €-320k (-51.6%) from €620k to €300k.

Destinations In February 2024, Horses were exported mostly to Mexico (€535k), Ecuador (€150k), France (€149k), Nicaragua (€101k), and Italy (€89.5k), and were imported mostly from France (€235k), Italy (€41.1k), Mexico (€14.3k), and United Kingdom (€9.35k).

Growth In February 2024, the increase in Horses's year-by-year exports was explained primarily by an increase in exports to Morocco (€8.9k or 33.3%). In February 2024, the decrease in Horses's year-by-year imports was explained primarily by a decrease in imports from Italy (€-20.3k or -32%) and Andorra (€-4.8k or -85.7%).

Subnational Monthly Trade

Time Scale

Year

Quarter

Month

Flow

Exports

Imports

Color

Trade Value

Growth

Growth (%)

EXPORT GROWTH (February 2023 - February 2024)€123k(10.8%)

IMPORT GROWTH (February 2023 - February 2024)€-320k(-51.6%)

MAIN EXPORTER (February 2024)Girona€577k

MAIN DESTINATION (February 2024)Mexico€535k

This section shows Horses's exports and imports data at subnational level for Spain. 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)$28M

IMPORTS (2022)$15.2M

NET TRADE (2022)$12.8M

In 2022, Spain exported $28M in Horses. The main destinations of Spain exports on Horses were Italy ($5.71M), United States ($4.84M), Mexico ($4.67M), France ($4.15M), and United Kingdom ($1.78M).

In 2022, Spain imported $15.2M in Horses, mainly from France ($5.68M), United Kingdom ($2.33M), Netherlands ($2.27M), Ireland ($1.06M), and Germany ($1.05M).

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