# Belgium exports to Spain: Trade Route Risk | Yugalinks

Understand reported exports from Belgium to Spain, the product routes that need a closer look, and the conditions that may affect planning.

Canonical: https://www.yugalinks.com/trade/corridor/BEL-ESP/risk

## Route overview

In 2024, Belgium reported $11.0B in goods exports to Spain. The overall review level is Watch.

## How to read this page

High attention means one or more conditions on these product types deserve a closer look. It is not a prediction that trade will stop or that a loss is certain. An HS6 code is the international six-digit code used to describe and compare traded goods.

## Key numbers

| Measure | Value | What it means |
| --- | ---: | --- |
| Latest reported exports | $11.0B | 2024 route total |
| Exports needing review | 22.2% | Share of route exports |
| Highest-priority products | 5 | Need the closest review |
| Products needing review | 244 | High-attention product types |
| Export volatility | 0.8 | Higher means bigger yearly swings |
| Below highest year | 27.9% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 300490 | Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale | $11.9B | 0% | Stable |
| 2 | 300215 | Blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale | $3.4B | 0.7% | Stable |
| 3 | 870120 | Tractors: road, for semi-trailers | $1.7B | 0% | Stable |
| 4 | 300220 | Vaccines: for human medicine | $1.1B | 63.1% | Critical attention |
| 5 | 200410 | Vegetable preparations: potatoes, prepared or preserved otherwise than by vinegar or acetic acid, frozen | $424.9M | 0.1% | High attention |
| 6 | 870323 | Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc | $1.9B | 67.9% | High attention |
| 7 | 271019 | Not reported | $8.1B | 39.8% | Stable |
| 8 | 740811 | Copper: wire, of refined copper, of which the maximum cross-sectional dimension exceeds 6mm | $414.0M | 29.9% | Stable |
| 9 | 220300 | Beer: made from malt | $408.1M | 0% | Watch |
| 10 | 870340 | Vehicles: with both spark-ignition internal combustion piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power | $4.5B | 2.7% | Watch |

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.
