# Spain exports to Brazil: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Spain reported $3.8B in goods exports to Brazil. The overall review level is High attention.

## 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 | $3.8B | 2024 route total |
| Exports needing review | 67.4% | Share of route exports |
| Highest-priority products | 12 | Need the closest review |
| Products needing review | 265 | High-attention product types |
| Export volatility | 1.1 | Higher means bigger yearly swings |
| Below highest year | 28.1% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 271012 | Not reported | $4.7B | 31.9% | High attention |
| 2 | 300490 | Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale | $4.3B | 0% | Watch |
| 3 | 150910 | Vegetable oils: olive oil and its fractions, virgin, whether or not refined, but not chemically modified | $659.9M | 0% | High attention |
| 4 | 380892 | Fungicides: not containing substances of 3808.50: put up in forms or packings for retail sale or as preparations or articles | $817.9M | 44.4% | Watch |
| 5 | 330300 | Perfumes and toilet waters | $224.9M | 0% | High attention |
| 6 | 271019 | Not reported | $10.4B | 87.1% | Critical attention |
| 7 | 293090 | Organo-sulphur compounds: n.e.s. in heading no. 2930 | $639.9M | 14.8% | Watch |
| 8 | 270799 | Oils and other products of the distillation of high temperature coal tar: n.e.s. in heading no. 2707 | $214.4M | 0% | High attention |
| 9 | 300220 | Vaccines: for human medicine | $978.5M | 0% | High attention |
| 10 | 293339 | Heterocyclic compounds: containing an unfused pyridine ring (whether or not hydrogenated) in the structure, other than pyridine and its salts, other than piperidine and its salts | $936.8M | 15.9% | High attention |

## 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.