{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:05.397Z", "seo": { "title": "Cyprus exports to Spain: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Cyprus 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": "CYP", "country_name": "Cyprus" }, "importer": { "iso3": "ESP", "country_name": "Spain" }, "latestYear": 2024, "risk": { "exporter_iso3": "CYP", "importer_iso3": "ESP", "all_history_lane_count": 204, "current_lane_count": 39, "current_product_count": 39, "first_observed_last_year": 1995, "latest_data_year": 2024, "current_trade_usd": 20133623.592267614, "attention_trade_usd": 2131682.4975699894, "critical_trade_usd": 0, "high_volatility_trade_usd": 14769717.406693459, "unrecovered_drawdown_trade_usd": 3263128.781672258, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 3832338.331717867, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 1, "high_volatility_lane_count": 22, "unrecovered_drawdown_lane_count": 11, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 8, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 1.2537745826629287, "trade_weighted_below_peak_pct": 19.32659431380205, "product_concentration_hhi": 762.6414393192005, "top1_product_share_pct": 13.263329676775577, "top3_product_share_pct": 39.53627608491404, "top_product_hs6": "391740", "top_product_trade_usd": 2670388.8729235195, "top_product_description": "Plastics: tube, pipe and hose fittings (e.g. joints, elbows, flanges)", "top_attention_product_hs6": "890190", "top_attention_product_reason": "Current trade remains more than 50% below its historical peak", "distance_km": 3288.06591796875, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.23587928712368011, "has_reported_fta": 1, "avg_applied_tariff_pct": 1.2197591090919193, "avg_mfn_tariff_pct": 4.610480215555556, "avg_preferential_tariff_pct": 0.9721479440845976, "tariff_advantage_pp": 3.6383322714709587, "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": 10.587674333936933, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_buyer_markets" ], "attention_level": "Watch", "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": "CYP", "importer_iso3": "ESP", "export_value_usd": 11117520.247096483, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 18511927.350795258, "yoy_growth_pct": 66.51129873705372, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 6113615.900246607, "yoy_growth_pct": -66.97471967993667, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 14237581.414534157, "yoy_growth_pct": 132.88315207960403, "cagr_3y_pct": 8.594900189386934 }, { "year": 1999, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 7901273.486876451, "yoy_growth_pct": -44.50410321228723, "cagr_3y_pct": -24.708060310743463 }, { "year": 2000, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 17770150.163902745, "yoy_growth_pct": 124.90235521423116, "cagr_3y_pct": 42.71325642572854 }, { "year": 2001, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 17422092.173849627, "yoy_growth_pct": -1.958666566364431, "cagr_3y_pct": 6.959992104590884 }, { "year": 2002, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 18443263.840307318, "yoy_growth_pct": 5.861360715278829, "cagr_3y_pct": 32.65192649766504 }, { "year": 2003, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 13383036.597486269, "yoy_growth_pct": -27.436723166981114, "cagr_3y_pct": -9.018200445514413 }, { "year": 2004, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 16994078.474608857, "yoy_growth_pct": 26.98223120603922, "cagr_3y_pct": -0.8257090631443975 }, { "year": 2005, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 15946664.617808448, "yoy_growth_pct": -6.163404849314825, "cagr_3y_pct": -4.73266266443606 }, { "year": 2006, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 27009068.84632443, "yoy_growth_pct": 69.37127288776132, "cagr_3y_pct": 26.372229861390693 }, { "year": 2007, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 46771562.02437411, "yoy_growth_pct": 73.16984265727137, "cagr_3y_pct": 40.139775774376844 }, { "year": 2008, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 53186812.294339865, "yoy_growth_pct": 13.716134318162322, "cagr_3y_pct": 49.40943858285978 }, { "year": 2009, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 10753776.022582054, "yoy_growth_pct": -79.78112325463343, "cagr_3y_pct": -26.43287373182812 }, { "year": 2010, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 15084565.649902662, "yoy_growth_pct": 40.272269184575734, "cagr_3y_pct": -31.422184778420558 }, { "year": 2011, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 16357484.630000059, "yoy_growth_pct": 8.438552422658653, "cagr_3y_pct": -32.499935738931086 }, { "year": 2012, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 19809333.61946231, "yoy_growth_pct": 21.10256599680045, "cagr_3y_pct": 22.584706938905043 }, { "year": 2013, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 21335870.658567715, "yoy_growth_pct": 7.706150385622301, "cagr_3y_pct": 12.251594864946092 }, { "year": 2014, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 26689369.075581197, "yoy_growth_pct": 25.091539514295413, "cagr_3y_pct": 17.726417637275894 }, { "year": 2015, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 18846271.129906368, "yoy_growth_pct": -29.386599299009596, "cagr_3y_pct": -1.6475484910763893 }, { "year": 2016, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 20735668.390603047, "yoy_growth_pct": 10.025310830313128, "cagr_3y_pct": -0.9466374639304442 }, { "year": 2017, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 47605344.15325101, "yoy_growth_pct": 129.58191294583355, "cagr_3y_pct": 21.275330615401767 }, { "year": 2018, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 25063279.772417493, "yoy_growth_pct": -47.35196180551947, "cagr_3y_pct": 9.969138403421397 }, { "year": 2019, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 42046738.12467871, "yoy_growth_pct": 67.76231405656557, "cagr_3y_pct": 26.572130508873173 }, { "year": 2020, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 136712205.69290552, "yoy_growth_pct": 225.14342798131187, "cagr_3y_pct": 42.14028885814973 }, { "year": 2021, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 34317230.10636961, "yoy_growth_pct": -74.89819586156348, "cagr_3y_pct": 11.043065245929151 }, { "year": 2022, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 25997244.50830921, "yoy_growth_pct": -24.24433898735937, "cagr_3y_pct": -14.808093719052195 }, { "year": 2023, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 87416054.47496405, "yoy_growth_pct": 236.25123019104672, "cagr_3y_pct": -13.848805477011883 }, { "year": 2024, "exporter_iso3": "CYP", "importer_iso3": "ESP", "export_value_usd": 34847126.07729413, "yoy_growth_pct": -60.13646888252735, "cagr_3y_pct": 0.5120768144626364 } ], "riskLanes": [ { "exporter_iso3": "CYP", "importer_iso3": "ESP", "hs_code": "391740", "hs_description": "Plastics: tube, pipe and hose fittings (e.g. joints, elbows, flanges)", "buyer_imports_latest_usd": 162936296.81362143, "current_below_peak_pct": 0, "lane_volatility_cv": 1.1904376884717698, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "CYP", "importer_iso3": "ESP", "hs_code": "040690", "hs_description": "Dairy produce: cheese (not grated, powdered or processed), n.e.c. in heading no. 0406", "buyer_imports_latest_usd": 1132096778.4302917, "current_below_peak_pct": 0.3266125862462668, "lane_volatility_cv": 1.3652235658510246, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "CYP", "importer_iso3": "ESP", "hs_code": "330720", "hs_description": "Perfumery, cosmetic or toilet preparations: personal deodorants and antiperspirants", "buyer_imports_latest_usd": 168214453.26612872, "current_below_peak_pct": 0, "lane_volatility_cv": 2.2497182756776115, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "CYP", "importer_iso3": "ESP", "hs_code": "890190", "hs_description": "Vessels: n.e.s. in heading no. 8901, for the transport of goods and other vessels for the transport of both persons and goods", "buyer_imports_latest_usd": 196974689.63042265, "current_below_peak_pct": 86.83107283921682, "lane_volatility_cv": 1.0629152923165932, "attention_level": "High 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": "CYP", "importer_iso3": "ESP", "hs_code": "290719", "hs_description": "Monophenols: n.e.c. in item no. 2907.1", "buyer_imports_latest_usd": 18553917.87318299, "current_below_peak_pct": 34.23686411204711, "lane_volatility_cv": 0.8029174521942681, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market" ] }, { "exporter_iso3": "CYP", "importer_iso3": "ESP", "hs_code": "300420", "hs_description": "Medicaments: containing antibiotics (other than penicillins, streptomycins or their derivatives), for therapeutic or prophylactic uses, packaged for retail sale", "buyer_imports_latest_usd": 277415665.9872526, "current_below_peak_pct": 0, "lane_volatility_cv": 0.9332844684938109, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "CYP", "importer_iso3": "ESP", "hs_code": "250100", "hs_description": "Salt (including table salt and denatured salt): pure sodium chloride whether or not in aqueous solution: sea water", "buyer_imports_latest_usd": 36563619.28663115, "current_below_peak_pct": 5.333605081993617, "lane_volatility_cv": 0.5637394535160197, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "CYP", "importer_iso3": "ESP", "hs_code": "220890", "hs_description": "Spirits, liqueurs and other spirituous beverages: n.e.c. in heading no. 2208", "buyer_imports_latest_usd": 118938996.25464448, "current_below_peak_pct": 24.442849591535058, "lane_volatility_cv": 1.5571045114276956, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "CYP", "importer_iso3": "ESP", "hs_code": "220300", "hs_description": "Beer: made from malt", "buyer_imports_latest_usd": 408134198.45530885, "current_below_peak_pct": 46.4908284725191, "lane_volatility_cv": 1.0902390109343654, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "CYP", "importer_iso3": "ESP", "hs_code": "330610", "hs_description": "Oral or dental hygiene preparations: dentifrices", "buyer_imports_latest_usd": 99612683.23327546, "current_below_peak_pct": 0, "lane_volatility_cv": 1.1169359514999193, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "CYP", "importer_iso3": "ESP", "distance_km": 3292, "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": 1, "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": 27719.33767, "exporter_gdp_per_capita_usd": 22803.234048049177, "avg_applied_tariff_pct": 1.2197591090919193, "avg_mfn_tariff_pct": 4.610480215555556, "avg_preferential_tariff_pct": 0.9721479440845976, "tariff_advantage_pp": 3.6383322714709587 }, "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/CYP-ESP/risk", "html": "https://www.yugalinks.com/trade/corridor/CYP-ESP/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/CYP-ESP/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/CYP-ESP/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/CYP-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" } }