{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:15.199Z", "seo": { "title": "Spain exports to Argentina: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Spain to Argentina, 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": "ESP", "country_name": "Spain" }, "importer": { "iso3": "ARG", "country_name": "Argentina" }, "latestYear": 2024, "risk": { "exporter_iso3": "ESP", "importer_iso3": "ARG", "all_history_lane_count": 575, "current_lane_count": 523, "current_product_count": 523, "first_observed_last_year": 1996, "latest_data_year": 2024, "current_trade_usd": 761351136.974741, "attention_trade_usd": 480800859.47246826, "critical_trade_usd": 46349087.76143028, "high_volatility_trade_usd": 285952579.0793603, "unrecovered_drawdown_trade_usd": 352165765.66746795, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 259339449.16016543, "access_friction_trade_usd": 761351136.974741, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 2, "high_attention_lane_count": 106, "high_volatility_lane_count": 241, "unrecovered_drawdown_lane_count": 367, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 267, "access_friction_lane_count": 523, "trade_weighted_volatility_cv": 1.065674503969839, "trade_weighted_below_peak_pct": 43.48191182180742, "product_concentration_hhi": 149.676278765261, "top1_product_share_pct": 5.26713619233537, "top3_product_share_pct": 14.27053551953938, "top_product_hs6": "847490", "top_product_trade_usd": 40101401.28635342, "top_product_description": "Machines, for sorting, screening, separating, washing, crushing etc mineral substances, for agglomerating, shaping or moulding solid fuels, ceramic pastes etc, for forming foundry moulds of sand: parts", "top_attention_product_hs6": "847490", "top_attention_product_reason": "Trade has varied substantially across reported years", "distance_km": 10065.849609375, "shares_land_border": 0, "shares_official_language": 1, "common_spoken_language_score": 0.9801398515701294, "has_reported_fta": 0, "avg_applied_tariff_pct": 13.766198483434344, "avg_mfn_tariff_pct": 13.766198483434344, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "buyer_biz_entry_days": 11.5, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 491492.700657, "buyer_gdp_pc_latest": 10729, "buyer_population_latest": 45808.746, "buyer_gdp_5y_cagr_pct": 7.350939111718491, "buyer_gdp_pc_5y_cagr_pct": 7.009215081112341, "buyer_population_5y_cagr_pct": 0.319340750557906, "buyer_investment_5y_avg_pct": 17.376, "buyer_savings_5y_avg_pct": 16.572, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 63.151000388986034, "critical_trade_share_pct": 6.087741320726232, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_buyer_markets", "market_access_friction" ], "attention_level": "High attention", "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction", "buyer_gdp_mn_2024": 491492.700657, "buyer_gdp_pc_2024": 10729, "buyer_population_2024": 45808.746 }, "history": [ { "year": 1995, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 947200657.4061322, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 1213620234.734383, "yoy_growth_pct": 28.127047341566392, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 1284915782.659823, "yoy_growth_pct": 5.874617601530341, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 1271001004.715476, "yoy_growth_pct": -1.082933070955261, "cagr_3y_pct": 10.298083836717286 }, { "year": 1999, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 1004250741.1700431, "yoy_growth_pct": -20.987415631913453, "cagr_3y_pct": -6.117109857254654 }, { "year": 2000, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 896266871.6822937, "yoy_growth_pct": -10.752680088833044, "cagr_3y_pct": -11.314171646217341 }, { "year": 2001, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 696261641.5284163, "yoy_growth_pct": -22.31536571004431, "cagr_3y_pct": -18.17697614395657 }, { "year": 2002, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 307285093.5037475, "yoy_growth_pct": -55.86643365427931, "cagr_3y_pct": -32.61450173038158 }, { "year": 2003, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 459000526.39061695, "yoy_growth_pct": 49.37285800523843, "cagr_3y_pct": -19.993498553533794 }, { "year": 2004, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 560255527.8902589, "yoy_growth_pct": 22.05988788201787, "cagr_3y_pct": -6.988233313100823 }, { "year": 2005, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 628686386.4776016, "yoy_growth_pct": 12.214222828827982, "cagr_3y_pct": 26.94945899187655 }, { "year": 2006, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 670421609.7704413, "yoy_growth_pct": 6.638480519146173, "cagr_3y_pct": 13.460564585226177 }, { "year": 2007, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 941650316.5510226, "yoy_growth_pct": 40.45643857951604, "cagr_3y_pct": 18.896161939071266 }, { "year": 2008, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 1089908166.6753287, "yoy_growth_pct": 15.744469843893771, "cagr_3y_pct": 20.13013086066715 }, { "year": 2009, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 840456940.4745016, "yoy_growth_pct": -22.887361873960145, "cagr_3y_pct": 7.825750042679891 }, { "year": 2010, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 1075195004.314766, "yoy_growth_pct": 27.92981443019995, "cagr_3y_pct": 4.519950097755698 }, { "year": 2011, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 1424489884.6933136, "yoy_growth_pct": 32.48665395363861, "cagr_3y_pct": 9.334314817941113 }, { "year": 2012, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 1292645253.4441452, "yoy_growth_pct": -9.255568092542399, "cagr_3y_pct": 15.430691129036456 }, { "year": 2013, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 1553231567.568942, "yoy_growth_pct": 20.159151432342814, "cagr_3y_pct": 13.044557157283943 }, { "year": 2014, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 1378209530.1842172, "yoy_growth_pct": -11.26825136954064, "cagr_3y_pct": -1.0949136740598497 }, { "year": 2015, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 1179948975.7207778, "yoy_growth_pct": -14.385371028231031, "cagr_3y_pct": -2.99488744078813 }, { "year": 2016, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 927163010.7064463, "yoy_growth_pct": -21.42346577824824, "cagr_3y_pct": -15.801058947527501 }, { "year": 2017, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 1420488685.1876135, "yoy_growth_pct": 53.20808410004199, "cagr_3y_pct": 1.0122806457281142 }, { "year": 2018, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 1412425099.0351052, "yoy_growth_pct": -0.5676628217171076, "cagr_3y_pct": 6.177884040217818 }, { "year": 2019, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 1003826789.2978812, "yoy_growth_pct": -28.928847980424376, "cagr_3y_pct": 2.6835547410611893 }, { "year": 2020, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 739377994.9551566, "yoy_growth_pct": -26.344066243509133, "cagr_3y_pct": -19.559224749228786 }, { "year": 2021, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 1151607642.43806, "yoy_growth_pct": 55.753572637485014, "cagr_3y_pct": -6.578600139369184 }, { "year": 2022, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 1281004971.283309, "yoy_growth_pct": 11.23623394607758, "cagr_3y_pct": 8.466929067287143 }, { "year": 2023, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 1239607612.7046566, "yoy_growth_pct": -3.2316313758861237, "cagr_3y_pct": 18.79711790538312 }, { "year": 2024, "exporter_iso3": "ESP", "importer_iso3": "ARG", "export_value_usd": 968257901.3768915, "yoy_growth_pct": -21.889968127552606, "cagr_3y_pct": -5.616624822074289 } ], "riskLanes": [ { "exporter_iso3": "ESP", "importer_iso3": "ARG", "hs_code": "847490", "hs_description": "Machines, for sorting, screening, separating, washing, crushing etc mineral substances, for agglomerating, shaping or moulding solid fuels, ceramic pastes etc, for forming foundry moulds of sand: parts", "buyer_imports_latest_usd": 102717751.21042976, "current_below_peak_pct": 0, "lane_volatility_cv": 2.37450705746788, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "long_distance_without_fta" ] }, { "exporter_iso3": "ESP", "importer_iso3": "ARG", "hs_code": "870829", "hs_description": "Vehicles: parts and accessories, of bodies, other than safety seat belts", "buyer_imports_latest_usd": 656359676.6506982, "current_below_peak_pct": 74.20700092807209, "lane_volatility_cv": 0.7188115304683641, "attention_level": "High attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "long_distance_without_fta" ] }, { "exporter_iso3": "ESP", "importer_iso3": "ARG", "hs_code": "330300", "hs_description": "Perfumes and toilet waters", "buyer_imports_latest_usd": 135897562.13182187, "current_below_peak_pct": 21.401122968333695, "lane_volatility_cv": 0.8478285785251245, "attention_level": "Watch", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [ "long_distance_without_fta" ] }, { "exporter_iso3": "ESP", "importer_iso3": "ARG", "hs_code": "490199", "hs_description": "Printed matter: books, brochures, leaflets and similar printed matter n.e.c. in item no. 4901.10 or 4901.91", "buyer_imports_latest_usd": 61129196.37475235, "current_below_peak_pct": 62.09384663546099, "lane_volatility_cv": 0.5750002990555672, "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", "long_distance_without_fta" ] }, { "exporter_iso3": "ESP", "importer_iso3": "ARG", "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": 919256228.9983358, "current_below_peak_pct": 29.347684895569053, "lane_volatility_cv": 0.6951367493304323, "attention_level": "Watch", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [ "long_distance_without_fta" ] }, { "exporter_iso3": "ESP", "importer_iso3": "ARG", "hs_code": "870899", "hs_description": "Vehicle parts and accessories: n.e.c. in heading no. 8708", "buyer_imports_latest_usd": 546121164.7940767, "current_below_peak_pct": 72.51938446269962, "lane_volatility_cv": 0.4598168151569532, "attention_level": "High attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "long_distance_without_fta" ] }, { "exporter_iso3": "ESP", "importer_iso3": "ARG", "hs_code": "270810", "hs_description": "Pitch: obtained from coal tar or from other mineral tars", "buyer_imports_latest_usd": 18732957.388202626, "current_below_peak_pct": 36.151736590520315, "lane_volatility_cv": 0.5193728599111979, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier", "long_distance_without_fta" ] }, { "exporter_iso3": "ESP", "importer_iso3": "ARG", "hs_code": "390761", "hs_description": "Poly(ethylene terephthalate): in primary forms, having a viscosity of 78ml/g or higher", "buyer_imports_latest_usd": 126939607.36983053, "current_below_peak_pct": 0, "lane_volatility_cv": 2.1227908964467583, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "long_distance_without_fta" ] }, { "exporter_iso3": "ESP", "importer_iso3": "ARG", "hs_code": "271012", "hs_description": "", "buyer_imports_latest_usd": 528107066.89307654, "current_below_peak_pct": 87.57936775209448, "lane_volatility_cv": 2.440672314895212, "attention_level": "Critical attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "long_distance_without_fta" ] }, { "exporter_iso3": "ESP", "importer_iso3": "ARG", "hs_code": "848180", "hs_description": "Taps, cocks, valves and similar appliances: for pipes, boiler shells, tanks, vats or the like, including thermostatically controlled valves", "buyer_imports_latest_usd": 345923596.8248894, "current_below_peak_pct": 29.552428604522873, "lane_volatility_cv": 0.4355057631259499, "attention_level": "Watch", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [ "long_distance_without_fta" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "ESP", "importer_iso3": "ARG", "distance_km": 10022, "shares_land_border": 0, "shares_official_language": 1, "shares_ethnic_language": 1, "shared_religion": 0, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 1, "exporter_is_eu": 1, "importer_is_eu": 0, "importer_gdp_million_usd": 491492.700657, "importer_gdp_per_capita_usd": 10729.23281193945, "importer_population": 45808.746, "importer_biz_entry_days": 11.5, "importer_biz_entry_cost_pct": 5, "exporter_gdp_million_usd": 1425276.586283, "exporter_gdp_per_capita_usd": 30115.705886680804, "avg_applied_tariff_pct": 13.766198483434344, "avg_mfn_tariff_pct": 13.766198483434344, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, "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/ESP-ARG/risk", "html": "https://www.yugalinks.com/trade/corridor/ESP-ARG/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/ESP-ARG/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/ESP-ARG/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/ESP-ARG/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" } }