{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:15.240Z",
  "seo": {
    "title": "Spain exports to Bulgaria: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Spain to Bulgaria, 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": "BGR",
    "country_name": "Bulgaria"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "ESP",
    "importer_iso3": "BGR",
    "all_history_lane_count": 639,
    "current_lane_count": 598,
    "current_product_count": 598,
    "first_observed_last_year": 1998,
    "latest_data_year": 2024,
    "current_trade_usd": 758555945.3761126,
    "attention_trade_usd": 209417197.2614005,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 421309727.8511892,
    "unrecovered_drawdown_trade_usd": 114815581.36619528,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 230957763.19494823,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 37,
    "high_volatility_lane_count": 370,
    "unrecovered_drawdown_lane_count": 272,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 160,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 1.1120769266908177,
    "trade_weighted_below_peak_pct": 19.579457155753232,
    "product_concentration_hhi": 308.0354103234033,
    "top1_product_share_pct": 14.107914352162016,
    "top3_product_share_pct": 23.76175574575661,
    "top_product_hs6": "020319",
    "top_product_trade_usd": 107016423.08689484,
    "top_product_description": "Meat: of swine, n.e.s. in item no. 0203.1, fresh or chilled",
    "top_attention_product_hs6": "020319",
    "top_attention_product_reason": "Trade has varied substantially across reported years",
    "distance_km": 2254.799072265625,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.09755262732505798,
    "has_reported_fta": 1,
    "avg_applied_tariff_pct": 6.17052980562909,
    "avg_mfn_tariff_pct": 12.41663982262626,
    "avg_preferential_tariff_pct": 5.434503600384848,
    "tariff_advantage_pp": 6.9821362222414125,
    "buyer_biz_entry_days": 23,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 80271.119426,
    "buyer_gdp_pc_latest": 11635,
    "buyer_population_latest": 6899.125,
    "buyer_gdp_5y_cagr_pct": 10.593931268104285,
    "buyer_gdp_pc_5y_cagr_pct": 11.189451881330982,
    "buyer_population_5y_cagr_pct": -0.5355909244541324,
    "buyer_investment_5y_avg_pct": 25.716,
    "buyer_savings_5y_avg_pct": 23.028,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 27.60735032635803,
    "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": 80271.119426,
    "buyer_gdp_pc_2024": 11635,
    "buyer_population_2024": 6899.125
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 42135819.54695889,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 29185017.881361224,
      "yoy_growth_pct": -30.7358485128418,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 25408071.491840456,
      "yoy_growth_pct": -12.941387957596163,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 51769092.0606447,
      "yoy_growth_pct": 103.75057617918708,
      "cagr_3y_pct": 7.104166945103407
    },
    {
      "year": 1999,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 92856739.57980417,
      "yoy_growth_pct": 79.36713951063214,
      "cagr_3y_pct": 47.079164987909515
    },
    {
      "year": 2000,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 91986992.61798511,
      "yoy_growth_pct": -0.9366546421453514,
      "cagr_3y_pct": 53.550619368515086
    },
    {
      "year": 2001,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 105798285.20554416,
      "yoy_growth_pct": 15.014397356065622,
      "cagr_3y_pct": 26.902261056361287
    },
    {
      "year": 2002,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 139417177.19268826,
      "yoy_growth_pct": 31.776405375408068,
      "cagr_3y_pct": 14.507592792825452
    },
    {
      "year": 2003,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 211504858.86554015,
      "yoy_growth_pct": 51.70645620892154,
      "cagr_3y_pct": 31.987046125780694
    },
    {
      "year": 2004,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 263902620.59572843,
      "yoy_growth_pct": 24.773786290885667,
      "cagr_3y_pct": 35.61936025990122
    },
    {
      "year": 2005,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 290044430.5202241,
      "yoy_growth_pct": 9.905854616177612,
      "cagr_3y_pct": 27.658405338766713
    },
    {
      "year": 2006,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 337701789.7036167,
      "yoy_growth_pct": 16.43105475182347,
      "cagr_3y_pct": 16.879318635120754
    },
    {
      "year": 2007,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 428941289.9331327,
      "yoy_growth_pct": 27.01777219172934,
      "cagr_3y_pct": 17.57582918142937
    },
    {
      "year": 2008,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 534559545.6617,
      "yoy_growth_pct": 24.62300977017904,
      "cagr_3y_pct": 22.605660008722282
    },
    {
      "year": 2009,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 467654361.41502184,
      "yoy_growth_pct": -12.515946032515457,
      "cagr_3y_pct": 11.462952374948653
    },
    {
      "year": 2010,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 517166419.14116716,
      "yoy_growth_pct": 10.587318714687587,
      "cagr_3y_pct": 6.433290233097866
    },
    {
      "year": 2011,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 1562294664.1537619,
      "yoy_growth_pct": 202.08741448220627,
      "cagr_3y_pct": 42.973523453080034
    },
    {
      "year": 2012,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 1333647261.304698,
      "yoy_growth_pct": -14.635357086936851,
      "cagr_3y_pct": 41.80950121583567
    },
    {
      "year": 2013,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 1695761300.9443393,
      "yoy_growth_pct": 27.15216010606789,
      "cagr_3y_pct": 48.563275997458824
    },
    {
      "year": 2014,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 1559388493.88067,
      "yoy_growth_pct": -8.041981320585956,
      "cagr_3y_pct": -0.06204493551167367
    },
    {
      "year": 2015,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 1272477989.5663598,
      "yoy_growth_pct": -18.398911203988,
      "cagr_3y_pct": -1.5528607748589995
    },
    {
      "year": 2016,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 1004713473.3012873,
      "yoy_growth_pct": -21.04276211145486,
      "cagr_3y_pct": -16.010337635648785
    },
    {
      "year": 2017,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 1685471305.2002175,
      "yoy_growth_pct": 67.7564151361578,
      "cagr_3y_pct": 2.62559291354032
    },
    {
      "year": 2018,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 1683034152.2092755,
      "yoy_growth_pct": -0.14459771480075378,
      "cagr_3y_pct": 9.769297109696605
    },
    {
      "year": 2019,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 1410562617.603665,
      "yoy_growth_pct": -16.18930514558745,
      "cagr_3y_pct": 11.973876761825885
    },
    {
      "year": 2020,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 673945835.8175528,
      "yoy_growth_pct": -52.22148755349224,
      "cagr_3y_pct": -26.328211976743443
    },
    {
      "year": 2021,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 868120809.1795561,
      "yoy_growth_pct": 28.81165859960435,
      "cagr_3y_pct": -19.80220779646692
    },
    {
      "year": 2022,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 1161639145.0058649,
      "yoy_growth_pct": 33.81077065802709,
      "cagr_3y_pct": -6.266905264166278
    },
    {
      "year": 2023,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 1067004618.4007202,
      "yoy_growth_pct": -8.146637190387285,
      "cagr_3y_pct": 16.55039999309229
    },
    {
      "year": 2024,
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "export_value_usd": 969714786.0590625,
      "yoy_growth_pct": -9.118032917934382,
      "cagr_3y_pct": 3.7579263823680265
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "hs_code": "020319",
      "hs_description": "Meat: of swine, n.e.s. in item no. 0203.1, fresh or chilled",
      "buyer_imports_latest_usd": 148702181.1777161,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.0928205108515867,
      "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": "ESP",
      "importer_iso3": "BGR",
      "hs_code": "020329",
      "hs_description": "Meat: of swine, n.e.s. in item no. 0203.2, frozen",
      "buyer_imports_latest_usd": 139879322.09916243,
      "current_below_peak_pct": 3.6751841678594217,
      "lane_volatility_cv": 0.7732539079484555,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "hs_code": "870322",
      "hs_description": "Vehicles: with only spark-ignition internal combustion piston engine, cylinder capacity over 1000 but not over 1500cc",
      "buyer_imports_latest_usd": 277085830.7846888,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.0918790821849629,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "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": 1349572571.2349443,
      "current_below_peak_pct": 5.855062116701185,
      "lane_volatility_cv": 0.809839747993843,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "hs_code": "870321",
      "hs_description": "Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity not exceeding 1000cc",
      "buyer_imports_latest_usd": 159745227.30433673,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.7927610038578856,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "hs_code": "210690",
      "hs_description": "Food preparations: n.e.s. in item no. 2106.10",
      "buyer_imports_latest_usd": 215751316.22135818,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.306061505125862,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "hs_code": "870332",
      "hs_description": "Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity exceeding 1500cc but not exceeding 2500cc",
      "buyer_imports_latest_usd": 436204036.91023123,
      "current_below_peak_pct": 45.509142285393736,
      "lane_volatility_cv": 0.8444444531857973,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "hs_code": "330300",
      "hs_description": "Perfumes and toilet waters",
      "buyer_imports_latest_usd": 130447684.16534565,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.1096906710397458,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "hs_code": "870323",
      "hs_description": "Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc",
      "buyer_imports_latest_usd": 377164952.83376306,
      "current_below_peak_pct": 1.296875855723085,
      "lane_volatility_cv": 0.765024345533556,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "ESP",
      "importer_iso3": "BGR",
      "hs_code": "842810",
      "hs_description": "Lifts and skip hoists: for lifting, handling, loading or unloading",
      "buyer_imports_latest_usd": 30174409.205231745,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.742234358590055,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "ESP",
    "importer_iso3": "BGR",
    "distance_km": 2259,
    "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": 80271.119426,
    "importer_gdp_per_capita_usd": 11634.971018208831,
    "importer_population": 6899.125,
    "importer_biz_entry_days": 23,
    "importer_biz_entry_cost_pct": 1,
    "exporter_gdp_million_usd": 1425276.586283,
    "exporter_gdp_per_capita_usd": 30115.705886680804,
    "avg_applied_tariff_pct": 6.17052980562909,
    "avg_mfn_tariff_pct": 12.41663982262626,
    "avg_preferential_tariff_pct": 5.434503600384848,
    "tariff_advantage_pp": 6.9821362222414125
  },
  "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-BGR/risk",
    "html": "https://www.yugalinks.com/trade/corridor/ESP-BGR/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/ESP-BGR/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/ESP-BGR/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/ESP-BGR/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"
  }
}