{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:15.236Z", "seo": { "title": "Spain exports to Cyprus: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Spain to Cyprus, 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": "CYP", "country_name": "Cyprus" }, "latestYear": 2024, "risk": { "exporter_iso3": "ESP", "importer_iso3": "CYP", "all_history_lane_count": 181, "current_lane_count": 165, "current_product_count": 165, "first_observed_last_year": 2000, "latest_data_year": 2024, "current_trade_usd": 475666893.2448974, "attention_trade_usd": 292807617.94861895, "critical_trade_usd": 0, "high_volatility_trade_usd": 285790032.6594759, "unrecovered_drawdown_trade_usd": 64540065.70504443, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 336686272.8061181, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 8, "high_volatility_lane_count": 70, "unrecovered_drawdown_lane_count": 74, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 60, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 1.501544517504503, "trade_weighted_below_peak_pct": 14.18301142563913, "product_concentration_hhi": 2581.9601227155404, "top1_product_share_pct": 49.60445584447324, "top3_product_share_pct": 62.51543965630191, "top_product_hs6": "270799", "top_product_trade_usd": 235951974.02644283, "top_product_description": "Oils and other products of the distillation of high temperature coal tar: n.e.s. in heading no. 2707", "top_attention_product_hs6": "270799", "top_attention_product_reason": "Trade has varied substantially across reported years", "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": 5.268776513812122, "avg_mfn_tariff_pct": 7.702251984242422, "avg_preferential_tariff_pct": 6.894664524086465, "tariff_advantage_pp": 0.8075874601559576, "buyer_biz_entry_days": 6, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 27719.33767, "buyer_gdp_pc_latest": 22803, "buyer_population_latest": 1215.588, "buyer_gdp_5y_cagr_pct": 7.5147622240935075, "buyer_gdp_pc_5y_cagr_pct": 5.7613807542020945, "buyer_population_5y_cagr_pct": 1.0891364389583824, "buyer_investment_5y_avg_pct": 20.394000000000002, "buyer_savings_5y_avg_pct": 16.052000000000003, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 61.55728349121551, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_product_mix", "concentrated_buyer_markets" ], "attention_level": "High attention", "primary_risk_reason": "Buyer-market concentration is the largest observed corridor exposure", "buyer_gdp_mn_2024": 27719.33767, "buyer_gdp_pc_2024": 22803, "buyer_population_2024": 1215.588 }, "history": [ { "year": 1995, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 85278083.32785432, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 106874337.51943064, "yoy_growth_pct": 25.324507011430853, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 176675486.5022241, "yoy_growth_pct": 65.31142143463862, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 184249235.189554, "yoy_growth_pct": 4.286813545712009, "cagr_3y_pct": 29.27744323971535 }, { "year": 1999, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 122668315.5894719, "yoy_growth_pct": -33.42261884383302, "cagr_3y_pct": 4.701520515452118 }, { "year": 2000, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 145927658.7124922, "yoy_growth_pct": 18.96116614241383, "cagr_3y_pct": -6.174596760723528 }, { "year": 2001, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 134815030.73440325, "yoy_growth_pct": -7.615162249661756, "cagr_3y_pct": -9.889055782591216 }, { "year": 2002, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 134986767.35716385, "yoy_growth_pct": 0.12738685132145378, "cagr_3y_pct": 3.2411733552400124 }, { "year": 2003, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 187206239.9392664, "yoy_growth_pct": 38.68488267737693, "cagr_3y_pct": 8.657798586932074 }, { "year": 2004, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 199754188.54058653, "yoy_growth_pct": 6.702740573920463, "cagr_3y_pct": 14.003764718166977 }, { "year": 2005, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 195058962.27720475, "yoy_growth_pct": -2.3505020333667748, "cagr_3y_pct": 13.055467654003493 }, { "year": 2006, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 223149002.27524298, "yoy_growth_pct": 14.400794339364186, "cagr_3y_pct": 6.02905148195183 }, { "year": 2007, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 296278641.3340425, "yoy_growth_pct": 32.77166302029788, "cagr_3y_pct": 14.042873079172558 }, { "year": 2008, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 439168735.7151472, "yoy_growth_pct": 48.228280559718705, "cagr_3y_pct": 31.06553419790865 }, { "year": 2009, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 290798163.4362794, "yoy_growth_pct": -33.78441136918809, "cagr_3y_pct": 9.227561121965966 }, { "year": 2010, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 396256725.7125586, "yoy_growth_pct": 36.265209184991164, "cagr_3y_pct": 10.177293751689342 }, { "year": 2011, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 302850991.0474144, "yoy_growth_pct": -23.572025054509727, "cagr_3y_pct": -11.651497094258477 }, { "year": 2012, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 328973962.40632635, "yoy_growth_pct": 8.625684620864305, "cagr_3y_pct": 4.197337582808625 }, { "year": 2013, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 308170687.08373743, "yoy_growth_pct": -6.323684455274348, "cagr_3y_pct": -8.038744181334224 }, { "year": 2014, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 331219925.3686733, "yoy_growth_pct": 7.479374012841422, "cagr_3y_pct": 3.029711863510598 }, { "year": 2015, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 256240024.52520716, "yoy_growth_pct": -22.63749705275362, "cagr_3y_pct": -7.99138772781961 }, { "year": 2016, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 240212038.38526237, "yoy_growth_pct": -6.255067361019573, "cagr_3y_pct": -7.96892803877941 }, { "year": 2017, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 268060375.5863323, "yoy_growth_pct": 11.593231291932815, "cagr_3y_pct": -6.809411226515493 }, { "year": 2018, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 511295689.1283405, "yoy_growth_pct": 90.73900348381447, "cagr_3y_pct": 25.89497268897054 }, { "year": 2019, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 369361618.6222122, "yoy_growth_pct": -27.75968456688892, "cagr_3y_pct": 15.42122130303898 }, { "year": 2020, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 296069473.45854497, "yoy_growth_pct": -19.842923971651572, "cagr_3y_pct": 3.368211764796114 }, { "year": 2021, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 354500036.38092655, "yoy_growth_pct": 19.735422986984474, "cagr_3y_pct": -11.492232908960155 }, { "year": 2022, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 421334872.64504576, "yoy_growth_pct": 18.853266404831093, "cagr_3y_pct": 4.4861067007403 }, { "year": 2023, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 690452199.9492192, "yoy_growth_pct": 63.872550025284, "cagr_3y_pct": 32.61113601556935 }, { "year": 2024, "exporter_iso3": "ESP", "importer_iso3": "CYP", "export_value_usd": 651303014.9944334, "yoy_growth_pct": -5.670078965302039, "cagr_3y_pct": 22.477299347979883 } ], "riskLanes": [ { "exporter_iso3": "ESP", "importer_iso3": "CYP", "hs_code": "270799", "hs_description": "Oils and other products of the distillation of high temperature coal tar: n.e.s. in heading no. 2707", "buyer_imports_latest_usd": 252117152.14708248, "current_below_peak_pct": 0, "lane_volatility_cv": 2.2105754127995163, "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": "CYP", "hs_code": "260300", "hs_description": "Copper ores and concentrates", "buyer_imports_latest_usd": 32515127.800553024, "current_below_peak_pct": 0, "lane_volatility_cv": 0, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier", "limited_history" ] }, { "exporter_iso3": "ESP", "importer_iso3": "CYP", "hs_code": "690721", "hs_description": "Ceramic tiles: flags and paving, hearth or wall tiles other than those of subheadings 6907.30 and 6907.40, of a water absorption coefficient by weight not over 0.5%", "buyer_imports_latest_usd": 66611623.84903586, "current_below_peak_pct": 3.4345462536590157, "lane_volatility_cv": 0.6490937866482114, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market" ] }, { "exporter_iso3": "ESP", "importer_iso3": "CYP", "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": 258633922.8396837, "current_below_peak_pct": 79.48838658335542, "lane_volatility_cv": 0.9666365180874306, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown" ] }, { "exporter_iso3": "ESP", "importer_iso3": "CYP", "hs_code": "230990", "hs_description": "Dog or cat food: (not put up for retail sale), used in animal feeding", "buyer_imports_latest_usd": 53456501.72691779, "current_below_peak_pct": 35.39882917519759, "lane_volatility_cv": 0.8857131301415716, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "ESP", "importer_iso3": "CYP", "hs_code": "271019", "hs_description": "", "buyer_imports_latest_usd": 1549076993.4550016, "current_below_peak_pct": 96.75555073998859, "lane_volatility_cv": 2.1522063924915638, "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" ] }, { "exporter_iso3": "ESP", "importer_iso3": "CYP", "hs_code": "611030", "hs_description": "Jerseys, pullovers, cardigans, waistcoats and similar articles: of man-made fibres, knitted or crocheted", "buyer_imports_latest_usd": 17673354.126306273, "current_below_peak_pct": 3.0173593419710145, "lane_volatility_cv": 1.0295590966102524, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "ESP", "importer_iso3": "CYP", "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": 162404187.4847214, "current_below_peak_pct": 51.659603794638045, "lane_volatility_cv": 0.4993766320387575, "attention_level": "High attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "concentrated_buyer_market" ] }, { "exporter_iso3": "ESP", "importer_iso3": "CYP", "hs_code": "330300", "hs_description": "Perfumes and toilet waters", "buyer_imports_latest_usd": 36153958.385353565, "current_below_peak_pct": 0, "lane_volatility_cv": 0.9599267317004972, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "ESP", "importer_iso3": "CYP", "hs_code": "020329", "hs_description": "Meat: of swine, n.e.s. in item no. 0203.2, frozen", "buyer_imports_latest_usd": 17427327.528555613, "current_below_peak_pct": 0, "lane_volatility_cv": 0.5116333698054895, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] } ], "accessProfile": { "year": 2024, "exporter_iso3": "ESP", "importer_iso3": "CYP", "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": 27719.33767, "importer_gdp_per_capita_usd": 22803.234048049177, "importer_population": 1215.588, "importer_biz_entry_days": 6, "importer_biz_entry_cost_pct": 5.6, "exporter_gdp_million_usd": 1425276.586283, "exporter_gdp_per_capita_usd": 30115.705886680804, "avg_applied_tariff_pct": 5.268776513812122, "avg_mfn_tariff_pct": 7.702251984242422, "avg_preferential_tariff_pct": 6.894664524086465, "tariff_advantage_pp": 0.8075874601559576 }, "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-CYP/risk", "html": "https://www.yugalinks.com/trade/corridor/ESP-CYP/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/ESP-CYP/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/ESP-CYP/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/ESP-CYP/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" } }