Trade route overview

Spain exports to Russia
route risk review

See the latest reported exports, the products that need a closer look, and the conditions that may make this route harder to plan.

ESP-RUS2024 reported exports377 product typesWatch review level
Latest reported exports$776.9M2024 route total
Highest-priority products1Need the closest review
Products needing review57High-attention product types
Exports needing review31.6%Share of route exports
Overall review levelWatchBased on available indicators

What this page shows

What should a business review on this route?

In 2024, Spain reported $776.9M in goods exports to Russia. 57 product types are marked for closer review, covering 31.6% of reported exports. This is not a forecast and does not mean trade will stop. It shows where to look more closely at demand, annual changes, product mix, tariffs, and buyer-market conditions.

How to read this page

Three simple ideas explain the route

This page separates the size of the trade from the conditions worth checking and the product types that make up the route.

01 - Trade value

How much is traded?

This is the reported value of goods exported from Spain to Russia in the latest available year.

$776.9M in 2024
02 - Review level

What does "high attention" mean?

It marks product types where one or more conditions deserve a closer look. It is not a prediction, a guaranteed loss, or a warning that trade will stop.

31.6% needs review
03 - Product code

What is a product type?

Each row is one HS6 product code. HS6 is the international six-digit code used to describe and compare traded goods.

377 product types

Start with the products

See the product rows behind the review level.

Compare the products, their buyer-market size, and the conditions that deserve a closer look.

Export history

How much was exported each year?

The latest twelve years of reported exports from Spain to Russia. Bar lengths are relative to the highest year shown.

Latest annual total$815.8M2024 annual history
Highest year$4.8B2013 annual history
Latest below highest82.9%Difference from the highest year

Why this route needs review

What is behind the review signal?

A dollar amount can appear in more than one row. These rows show the conditions linked to the route; they are not separate losses.

What to reviewBar shows relative sizeExport value linked to it
Large year-to-year swings
$175.8M
Still below the previous high
$302.4M
Buyer demand is falling
$0.0
Product mix is concentrated
$292.7M
Tariffs and access rules
$0.0
Buyer economy is under pressure
$0.0

How to read the numbers

What do these measures tell us?

These measures describe yearly swings, the gap from the route's highest year, and how concentrated the product mix is.

Export volatility0.9Higher means bigger yearly swings
Below highest year37.7%Compared with the route's best year
Product concentration (HHI)351.40-10,000 scale; higher means fewer products dominate
Largest product share10.6%Share from the biggest product

Largest product

Vegetable preparations: olives, prepared or preserved otherwise than by vinegar or acetic acid, not frozen

Product code HS6 200570 makes up 10.6% of exports from Spain to Russia. The main reason to review it is: A small number of products or suppliers carry much of the route.

See product rows
Exports of this product$82.6M2024 reported value

Products to review

Which product types need a closer look?

Each row is one six-digit HS6 product code. Compare the buyer market's imports, the product's fall from its highest year, annual variation, and review level.

Top product types10 shown - 2024 values
Top product types for Spain exports to Russia
RankProduct and codeBuyer-market importsBelow product highYearly variationReview level
1Vegetable preparations: olives, prepared or preserved otherwise than by vinegar or acetic acid, not frozenHS6 200570 - six-digit product code$123.3M12.8%0.5High attention
2Perfumes and toilet watersHS6 330300 - six-digit product code$499.3M0%0.8Stable
3Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail saleHS6 300490 - six-digit product code$6.8B72.7%1Watch
4Cocoa: powder, not containing added sugar or other sweetening matterHS6 180500 - six-digit product code$248.9M0%0.8Stable
5Vaccines: for veterinary medicineHS6 300230 - six-digit product code$140.3M0.8%0.9Stable
6Birds' eggs, in shell: fresh, fertilised eggs for incubation, of fowls of the species Gallus domesticus (domestic hens)HS6 040711 - six-digit product code$192.2M0%1Stable
7Vegetable oils: olive oil and its fractions, virgin, whether or not refined, but not chemically modifiedHS6 150910 - six-digit product code$88.9M42.1%0.7Watch
8Machinery: for packing or wrappingHS6 842240 - six-digit product code$269.2M37.1%0.9Stable
9Cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations)HS6 330499 - six-digit product code$900.2M0%0.8Stable
10Ceramic 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%HS6 690721 - six-digit product code$347.5M73%0.6Watch

Buyer-market imports are total imports of that product into the buyer market, not only exports from Spain. "Below product high" compares current exports with that product's highest reported year. Yearly variation is a calculated measure. Swipe sideways on a small screen to see every column.

Trade route conditions

What else can affect this route?

Distance, tariffs, trade agreements, the buyer economy, and business rules add context to the export total.

Distance between markets3,449 kmApproximate route distance
Trade agreement (FTA)NoReported agreement coverage
Average import tariff11.4%Average tax applied to imports
Buyer economy size$1.8T2024 gross domestic product
Buyer GDP per person$12.4KCurrent-dollar measure
Buyer economy outlookResilientAvailable buyer-economy context
Shared land borderNoDo the markets share a border?
Shared official languageNoReported common official language
Similar legal systemYesReported legal similarity
Shared religionNoReported cultural similarity
Language similarityNot reportedCommon spoken-language score
Business setup time10 daysDays to register a business

Questions about this page

Simple answers about this route

Definitions and limits for the figures above.

What does "high attention" mean?

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.

How much did Spain export to Russia?

Spain reported $776.9M in goods exports to Russia in 2024.

What does "exports needing review" mean?

31.6% of reported route exports are linked to product types marked for closer review. This points to where to investigate further.

What is an HS6 code?

An HS6 code is the international six-digit code used to describe and compare traded goods.

What conditions are shown?

The page shows yearly export changes, product concentration, tariffs, distance, trade-agreement coverage, buyer-economy context, and business setup time where reported.

Is this a forecast?

No. These are reported or calculated observations, not forecasts or guarantees.

Continue your research

Compare this route with products and markets.

Use the workspace to investigate which products, buyer conditions, and routes deserve attention.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.