# Spain exports to Mexico: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Spain reported $6.6B in goods exports to Mexico. The overall review level is Watch.

## 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 | $6.6B | 2024 route total |
| Exports needing review | 48.4% | Share of route exports |
| Highest-priority products | 7 | Need the closest review |
| Products needing review | 456 | High-attention product types |
| Export volatility | 1 | Higher means bigger yearly swings |
| Below highest year | 18% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 870323 | Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc | $5.4B | 27.2% | Stable |
| 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 | $3.9B | 0% | Stable |
| 3 | 870899 | Vehicle parts and accessories: n.e.c. in heading no. 8708 | $7.6B | 1% | High attention |
| 4 | 150910 | Vegetable oils: olive oil and its fractions, virgin, whether or not refined, but not chemically modified | $192.5M | 0% | High attention |
| 5 | 840734 | Engines: reciprocating piston engines, of a kind used for the propulsion of vehicles of chapter 87, of a cylinder capacity exceeding 1000cc | $4.0B | 28% | High attention |
| 6 | 330300 | Perfumes and toilet waters | $563.7M | 0% | Watch |
| 7 | 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) | $813.2M | 0% | Watch |
| 8 | 870322 | Vehicles: with only spark-ignition internal combustion piston engine, cylinder capacity over 1000 but not over 1500cc | $5.1B | 2.9% | Watch |
| 9 | 490199 | Printed matter: books, brochures, leaflets and similar printed matter n.e.c. in item no. 4901.10 or 4901.91 | $292.7M | 24.2% | Watch |
| 10 | 220421 | Wine: still, in containers holding 2 litres or less | $268.8M | 5.2% | Stable |

## 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.