{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:47:53.327Z", "seo": { "title": "Canada exports to Spain: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Canada to Spain, the product routes that need a closer look, and the conditions that may affect planning." }, "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com", "email": "support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" }, "exporter": { "iso3": "CAN", "country_name": "Canada" }, "importer": { "iso3": "ESP", "country_name": "Spain" }, "latestYear": 2024, "risk": { "exporter_iso3": "CAN", "importer_iso3": "ESP", "all_history_lane_count": 643, "current_lane_count": 485, "current_product_count": 485, "first_observed_last_year": 1995, "latest_data_year": 2024, "current_trade_usd": 1798507684.1006289, "attention_trade_usd": 1076671694.575775, "critical_trade_usd": 120219112.46815783, "high_volatility_trade_usd": 985988652.8085043, "unrecovered_drawdown_trade_usd": 747142856.7446135, "declining_demand_trade_usd": 4190579.5903481995, "concentrated_market_trade_usd": 802120023.1165633, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 3, "high_attention_lane_count": 37, "high_volatility_lane_count": 292, "unrecovered_drawdown_lane_count": 259, "declining_demand_lane_count": 1, "concentrated_market_lane_count": 97, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 1.1030725767026275, "trade_weighted_below_peak_pct": 36.75539427506942, "product_concentration_hhi": 912.0679182938253, "top1_product_share_pct": 24.170143751819683, "top3_product_share_pct": 43.44537949161066, "top_product_hs6": "270900", "top_product_trade_usd": 434701892.63464504, "top_product_description": "Oils: petroleum oils and oils obtained from bituminous minerals, crude", "top_attention_product_hs6": "270900", "top_attention_product_reason": "Current trade remains more than 50% below its historical peak", "distance_km": 6040.498046875, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.2856694757938385, "has_reported_fta": 1, "avg_applied_tariff_pct": 5.717175463858586, "avg_mfn_tariff_pct": 5.920413126868686, "avg_preferential_tariff_pct": 0.2298019507071717, "tariff_advantage_pp": 5.690611176161515, "buyer_biz_entry_days": 12.5, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 1425276.586283, "buyer_gdp_pc_latest": 30116, "buyer_population_latest": 47326.687, "buyer_gdp_5y_cagr_pct": 4.219593086678142, "buyer_gdp_pc_5y_cagr_pct": 3.4705637441098336, "buyer_population_5y_cagr_pct": 0.7239057326687615, "buyer_investment_5y_avg_pct": 24.381999999999998, "buyer_savings_5y_avg_pct": 22.082, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 59.86472585543503, "critical_trade_share_pct": 6.684381364112727, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "declining_buyer_demand", "concentrated_buyer_markets" ], "attention_level": "High attention", "primary_risk_reason": "Volatile products account for the largest observed corridor exposure", "buyer_gdp_mn_2024": 1425276.586283, "buyer_gdp_pc_2024": 30116, "buyer_population_2024": 47326.687 }, "history": [ { "year": 1995, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 519688400.8296969, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 448279693.6756504, "yoy_growth_pct": -13.740677498293309, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 462914252.1687157, "yoy_growth_pct": 3.264604375243918, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 435966274.6929992, "yoy_growth_pct": -5.821375632629033, "cagr_3y_pct": -5.687348020832639 }, { "year": 1999, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 481414745.8305819, "yoy_growth_pct": 10.42476764276934, "cagr_3y_pct": 2.405537338114727 }, { "year": 2000, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 499131729.00566727, "yoy_growth_pct": 3.6801912131956716, "cagr_3y_pct": 2.5427299710406137 }, { "year": 2001, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 573319555.0579848, "yoy_growth_pct": 14.863376087132153, "cagr_3y_pct": 9.558973245704028 }, { "year": 2002, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 653694343.2245084, "yoy_growth_pct": 14.01919530869562, "cagr_3y_pct": 10.735051688799203 }, { "year": 2003, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 646309486.468853, "yoy_growth_pct": -1.1297109776455705, "cagr_3y_pct": 8.995470586799591 }, { "year": 2004, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 999677438.0476224, "yoy_growth_pct": 54.67472766172974, "cagr_3y_pct": 20.361533343978657 }, { "year": 2005, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 1052095612.7334491, "yoy_growth_pct": 5.243508825026577, "cagr_3y_pct": 17.19079333372109 }, { "year": 2006, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 1012010101.3996382, "yoy_growth_pct": -3.8100635387752213, "cagr_3y_pct": 16.122070888294495 }, { "year": 2007, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 1170111141.4152122, "yoy_growth_pct": 15.622476474979429, "cagr_3y_pct": 5.387493296135815 }, { "year": 2008, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 1487943764.1657226, "yoy_growth_pct": 27.162601183858648, "cagr_3y_pct": 12.24761000144483 }, { "year": 2009, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 1037366509.7289275, "yoy_growth_pct": -30.281873904651903, "cagr_3y_pct": 0.8283031743176794 }, { "year": 2010, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 1076756863.7122037, "yoy_growth_pct": 3.7971491863149964, "cagr_3y_pct": -2.733450113403002 }, { "year": 2011, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 1220172276.8625178, "yoy_growth_pct": 13.31920120349901, "cagr_3y_pct": -6.3994906887152485 }, { "year": 2012, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 1168491037.324216, "yoy_growth_pct": -4.2355690682624125, "cagr_3y_pct": 4.047357324813317 }, { "year": 2013, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 1159248214.9108665, "yoy_growth_pct": -0.7910049900352711, "cagr_3y_pct": 2.4911254985187092 }, { "year": 2014, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 1123336311.755129, "yoy_growth_pct": -3.0978614151671247, "cagr_3y_pct": -2.718659112472488 }, { "year": 2015, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 958329345.0727638, "yoy_growth_pct": -14.689008532498537, "cagr_3y_pct": -6.395556181601991 }, { "year": 2016, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 1365385370.513521, "yoy_growth_pct": 42.475588119431976, "cagr_3y_pct": 5.607056119273701 }, { "year": 2017, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 1550055466.4687471, "yoy_growth_pct": 13.52512630816982, "cagr_3y_pct": 11.330069571814615 }, { "year": 2018, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 1819123250.03198, "yoy_growth_pct": 17.358590668771924, "cagr_3y_pct": 23.817618305963006 }, { "year": 2019, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 1438928892.995677, "yoy_growth_pct": -20.899867946254837, "cagr_3y_pct": 1.7641234049043941 }, { "year": 2020, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 1291056008.1771717, "yoy_growth_pct": -10.276594315279308, "cagr_3y_pct": -5.912351459013577 }, { "year": 2021, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 2077536876.654747, "yoy_growth_pct": 60.91764133362418, "cagr_3y_pct": 4.527092961768608 }, { "year": 2022, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 2659155770.5877457, "yoy_growth_pct": 27.995599041761523, "cagr_3y_pct": 22.716082248726188 }, { "year": 2023, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 2303896409.687173, "yoy_growth_pct": -13.359855215328388, "cagr_3y_pct": 21.29399160908827 }, { "year": 2024, "exporter_iso3": "CAN", "importer_iso3": "ESP", "export_value_usd": 1855716943.8490252, "yoy_growth_pct": -19.453108392968165, "cagr_3y_pct": -3.6937814675503167 } ], "riskLanes": [ { "exporter_iso3": "CAN", "importer_iso3": "ESP", "hs_code": "270900", "hs_description": "Oils: petroleum oils and oils obtained from bituminous minerals, crude", "buyer_imports_latest_usd": 34429155324.83588, "current_below_peak_pct": 58.785449211147835, "lane_volatility_cv": 1.2171190926922124, "attention_level": "High attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown" ] }, { "exporter_iso3": "CAN", "importer_iso3": "ESP", "hs_code": "260112", "hs_description": "Iron ores and concentrates: agglomerated (excluding roasted iron pyrites)", "buyer_imports_latest_usd": 197139035.0378765, "current_below_peak_pct": 19.417958024984607, "lane_volatility_cv": 0.7636603568223737, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "CAN", "importer_iso3": "ESP", "hs_code": "300490", "hs_description": "Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale", "buyer_imports_latest_usd": 11921483485.65438, "current_below_peak_pct": 28.621704528640567, "lane_volatility_cv": 1.053600739760441, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "CAN", "importer_iso3": "ESP", "hs_code": "260111", "hs_description": "Iron ores and concentrates: non-agglomerated", "buyer_imports_latest_usd": 300831385.13947, "current_below_peak_pct": 0, "lane_volatility_cv": 0.8682805379440489, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market" ] }, { "exporter_iso3": "CAN", "importer_iso3": "ESP", "hs_code": "100199", "hs_description": "Cereals: wheat and meslin, other than durum wheat, other than seed", "buyer_imports_latest_usd": 1646085769.3423903, "current_below_peak_pct": 0, "lane_volatility_cv": 0.9803070981616064, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "CAN", "importer_iso3": "ESP", "hs_code": "880240", "hs_description": "Aeroplanes and other aircraft: of an unladen weight exceeding 15,000kg", "buyer_imports_latest_usd": 1642262154.6521149, "current_below_peak_pct": 75.24845747782358, "lane_volatility_cv": 0.8410986852538519, "attention_level": "Critical attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "CAN", "importer_iso3": "ESP", "hs_code": "841122", "hs_description": "Turbo-propellers: of a power exceeding 1100kW", "buyer_imports_latest_usd": 176608576.64922103, "current_below_peak_pct": 16.252664611990948, "lane_volatility_cv": 0.71362057358876, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "CAN", "importer_iso3": "ESP", "hs_code": "100590", "hs_description": "Cereals: maize (corn), other than seed", "buyer_imports_latest_usd": 1852534115.4713745, "current_below_peak_pct": 78.75293105772525, "lane_volatility_cv": 1.3625422599901504, "attention_level": "Critical attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "CAN", "importer_iso3": "ESP", "hs_code": "850120", "hs_description": "Electric motors: universal AC/DC of an output exceeding 37.5W", "buyer_imports_latest_usd": 44366174.516506925, "current_below_peak_pct": 0, "lane_volatility_cv": 3.6706415042471274, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "CAN", "importer_iso3": "ESP", "hs_code": "071340", "hs_description": "Vegetables, leguminous: lentils, shelled, whether or not skinned or split, dried", "buyer_imports_latest_usd": 55531995.175881185, "current_below_peak_pct": 32.86391613761155, "lane_volatility_cv": 0.5912310201596184, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "CAN", "importer_iso3": "ESP", "distance_km": 6052, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": 0, "shared_legal_system": 0, "shared_colonial_history": 0, "has_fta": 1, "rta_coverage_ratio": 2, "exporter_is_wto": 1, "importer_is_wto": 1, "exporter_is_eu": 0, "importer_is_eu": 1, "importer_gdp_million_usd": 1425276.586283, "importer_gdp_per_capita_usd": 30115.705886680804, "importer_population": 47326.687, "importer_biz_entry_days": 12.5, "importer_biz_entry_cost_pct": 3.9, "exporter_gdp_million_usd": 1990761.6096649999, "exporter_gdp_per_capita_usd": 52051.3501037452, "avg_applied_tariff_pct": 5.717175463858586, "avg_mfn_tariff_pct": 5.920413126868686, "avg_preferential_tariff_pct": 0.2298019507071717, "tariff_advantage_pp": 5.690611176161515 }, "sourceAttribution": { "publisher": "OECD", "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D", "year": 2025, "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)", "sourceUrl": "https://data-explorer.oecd.org/", "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0", "termsUrl": "https://www.oecd.org/termsandconditions/", "terms": "OECD Terms & Conditions", "accessed": "2026-08-29", "supportingSources": [ { "publisher": "CEPII", "dataset": "BACI bilateral trade flows", "release": "202601", "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.", "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html", "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37", "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf", "license": "Etalab 2.0 Open Licence", "accessed": "2026-08-29" } ] }, "links": { "canonical": "https://www.yugalinks.com/trade/corridor/CAN-ESP/risk", "html": "https://www.yugalinks.com/trade/corridor/CAN-ESP/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/CAN-ESP/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/CAN-ESP/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/CAN-ESP/risk/index.ld.json", "home": "https://www.yugalinks.com/", "tradeHub": "https://www.yugalinks.com/trade/", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology", "workspace": "https://www.yugalinks.com/app/corridors", "contact": "https://www.yugalinks.com/contact", "email": "mailto:support@yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks" } }