# Spain exports to Hong Kong: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Spain reported $571.8M in goods exports to Hong Kong. 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 | $571.8M | 2024 route total |
| Exports needing review | 66.4% | Share of route exports |
| Highest-priority products | 1 | Need the closest review |
| Products needing review | 73 | High-attention product types |
| Export volatility | 1.2 | Higher means bigger yearly swings |
| Below highest year | 34.6% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 841112 | Turbo-jets: of a thrust exceeding 25kN | $7.9B | 58.4% | Critical 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 | $1.5B | 0% | Watch |
| 3 | 240210 | Cigars, cheroots and cigarillos: containing tobacco including the weight of every band, wrapper or attachment thereto | $93.4M | 0% | High attention |
| 4 | 240220 | Cigarettes: containing tobacco | $268.3M | 0% | High attention |
| 5 | 020329 | Meat: of swine, n.e.s. in item no. 0203.2, frozen | $418.0M | 31.8% | High attention |
| 6 | 330499 | Cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations) | $2.2B | 42.7% | High attention |
| 7 | 330300 | Perfumes and toilet waters | $374.8M | 0% | Watch |
| 8 | 910221 | Wrist-watches: whether or not incorporating a stop-watch facility, with automatic winding | $1.4B | 0% | High attention |
| 9 | 910121 | Wrist-watches: (not electrically operated), automatic winding, whether or not incorporating a stop-watch facility, case of precious metal or of metal clad with precious metal | $1.4B | 43.3% | Watch |
| 10 | 910211 | Wrist-watches: electrically operated, with or without a stop-watch, (other than those of heading no. 9101) with mechanical display only | $227.3M | 43.4% | Watch |

## 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.