# Spain exports to Portugal: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Spain reported $33.8B in goods exports to Portugal. 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 | $33.8B | 2024 route total |
| Exports needing review | 60% | Share of route exports |
| Highest-priority products | 37 | Need the closest review |
| Products needing review | 659 | High-attention product types |
| Export volatility | 0.7 | Higher means bigger yearly swings |
| Below highest year | 19.7% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 271600 | Electrical energy | $1.1B | 56.8% | Critical attention |
| 2 | 271019 | Not reported | $2.2B | 38% | Stable |
| 3 | 870899 | Vehicle parts and accessories: n.e.c. in heading no. 8708 | $1.3B | 12.3% | High attention |
| 4 | 851712 | Telephones for cellular networks or for other wireless networks | $1.4B | 0% | Watch |
| 5 | 870380 | Vehicles: with only electric motor for propulsion | $1.5B | 18.6% | Watch |
| 6 | 150910 | Vegetable oils: olive oil and its fractions, virgin, whether or not refined, but not chemically modified | $464.8M | 0% | High attention |
| 7 | 870322 | Vehicles: with only spark-ignition internal combustion piston engine, cylinder capacity over 1000 but not over 1500cc | $893.9M | 17.3% | Stable |
| 8 | 271020 | Not reported | $356.4M | 38% | High attention |
| 9 | 190590 | Food preparations: bakers' wares n.e.c. in heading no. 1605, whether or not containing cocoa: communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice papers and similar products | $457.8M | 0% | High attention |
| 10 | 300490 | Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale | $2.1B | 0% | 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.