# Of Horses trade prices and signals | HS 020500 | Yugalinks

The featured reported corridor is Mongolia to China, with a unit value of $1,632.8 per metric ton.

## Latest corridor price evidence

| Year | Route | USD per ton | Market median | Difference | Quantity |
| --- | --- | --- | --- | --- | --- |
| 2023 | Mongolia to China | $3,832.05 | $5,659.09 | -32.3% | 31,351.8 t |
| 2023 | Belgium to Italy | $6,912.56 | $6,150.55 | +12.4% | 5,941.8 t |
| 2023 | Poland to Italy | $6,291.39 | $6,150.55 | +2.3% | 6,022.9 t |
| 2023 | Spain to Italy | $6,150.55 | $6,150.55 | 0% | 4,349.5 t |
| 2023 | Netherlands to Belgium | $5,321.15 | $4,753.32 | +11.9% | 4,182.1 t |
| 2023 | Argentina to Belgium | $3,903.32 | $4,753.32 | -17.9% | 4,516.7 t |
| 2023 | France to Italy | $7,226.64 | $6,150.55 | +17.5% | 2,074.2 t |
| 2023 | Romania to Italy | $5,094.95 | $6,150.55 | -17.2% | 2,937.3 t |
| 2023 | Uruguay to France | $5,488.92 | $5,352.07 | +2.6% | 2,351.9 t |
| 2023 | Canada to Japan | $11,525.2 | $10,311.07 | +11.8% | 1,027.1 t |
| 2023 | Uruguay to Belgium | $4,753.32 | $4,753.32 | 0% | 2,438.8 t |
| 2023 | Argentina to Italy | $6,140.61 | $6,150.55 | -0.2% | 1,870.5 t |
| 2023 | Romania to Belgium | $4,041.75 | $4,753.32 | -15% | 2,208.3 t |
| 2023 | Argentina to Switzerland, Liechtenstein | $13,157.44 | $14,504.83 | -9.3% | 663.7 t |
| 2023 | Argentina to France | $8,490.06 | $5,352.07 | +58.6% | 870.7 t |
| 2023 | Uruguay to Japan | $8,128.32 | $10,311.07 | -21.2% | 836.1 t |
| 2023 | Belgium to France | $5,199.8 | $5,352.07 | -2.8% | 1,260.2 t |
| 2023 | Brazil to China | $5,659.09 | $5,659.09 | 0% | 1,004 t |
| 2023 | China to Japan | $16,468.39 | $10,311.07 | +59.7% | 294.4 t |
| 2023 | Argentina to Russia | $1,747.17 | $2,935.76 | -40.5% | 2,760.2 t |
| 2023 | Romania to France | $5,352.07 | $5,352.07 | 0% | 884.7 t |
| 2023 | Uruguay to Switzerland, Liechtenstein | $13,670.93 | $14,504.83 | -5.7% | 344.9 t |
| 2023 | Spain to Switzerland, Liechtenstein | $18,092.17 | $14,504.83 | +24.7% | 241.2 t |
| 2023 | Argentina to Netherlands | $2,414.55 | $5,000 | -51.7% | 1,794.7 t |
| 2023 | France to Switzerland, Liechtenstein | $19,220.39 | $14,504.83 | +32.5% | 217.6 t |
| 2023 | France to Belgium | $5,737.52 | $4,753.32 | +20.7% | 696.3 t |
| 2023 | Argentina to Japan | $4,198.37 | $10,311.07 | -59.3% | 948.3 t |
| 2023 | Mongolia to Kazakhstan | $3,244.7 | $2,340.67 | +38.6% | 981.9 t |
| 2023 | Brazil to Japan | $4,267.15 | $10,311.07 | -58.6% | 722.9 t |
| 2023 | Spain to Belgium | $6,198.3 | $4,753.32 | +30.4% | 461.5 t |
| 2023 | Poland to Japan | $7,270.31 | $10,311.07 | -29.5% | 362.7 t |
| 2023 | Belgium to Netherlands | $5,194.34 | $5,000 | +3.9% | 485.6 t |
| 2023 | Uruguay to Germany | $2,051.2 | $4,902.6 | -58.2% | 1,205.3 t |
| 2023 | Belgium to Germany | $4,965.46 | $4,902.6 | +1.3% | 440.9 t |
| 2023 | Italy to Switzerland, Liechtenstein | $13,009.07 | $14,504.83 | -10.3% | 167.3 t |

## Featured corridor trade history

| Year | Route trade | Year-on-year change | 3-year growth |
| --- | --- | --- | --- |
| 2010 | $1.0M | 0% | 0% |
| 2011 | $5.0M | +393.8% | 0% |
| 2012 | $2.7M | -46% | 0% |
| 2013 | $4.8M | +78.7% | +68.2% |
| 2014 | $1.4M | -70.7% | -34.4% |
| 2015 | $3.7M | +160.6% | +10.9% |
| 2016 | $11.2M | +202.6% | +32.1% |
| 2017 | $42.7M | +282% | +211.1% |
| 2018 | $56.9M | +33.2% | +148.8% |
| 2019 | $53.9M | -5.2% | +69% |
| 2020 | $33.1M | -38.6% | -8.1% |
| 2021 | $15.0M | -54.7% | -35.9% |
| 2022 | $7.2M | -52.3% | -49% |
| 2023 | $89.9M | +1,156.4% | +39.5% |
| 2024 | $64.8M | -27.9% | +62.8% |

_Source: reported merchandise trade data. Updated 2026-08-14._