{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:15.484Z",
  "seo": {
    "title": "Guatemala exports to Spain: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Guatemala to Spain, 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": "GTM",
    "country_name": "Guatemala"
  },
  "importer": {
    "iso3": "ESP",
    "country_name": "Spain"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "GTM",
    "importer_iso3": "ESP",
    "all_history_lane_count": 90,
    "current_lane_count": 45,
    "current_product_count": 45,
    "first_observed_last_year": 1996,
    "latest_data_year": 2024,
    "current_trade_usd": 179297610.92588428,
    "attention_trade_usd": 32762578.589865614,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 32829656.66131434,
    "unrecovered_drawdown_trade_usd": 78965041.39416347,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 34163408.567794405,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 6,
    "high_volatility_lane_count": 18,
    "unrecovered_drawdown_lane_count": 16,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 13,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 0.667831963751358,
    "trade_weighted_below_peak_pct": 43.80604381613437,
    "product_concentration_hhi": 2032.3299697520586,
    "top1_product_share_pct": 35.398559309469825,
    "top3_product_share_pct": 70.53475791678171,
    "top_product_hs6": "151110",
    "top_product_trade_usd": 63468771.144061595,
    "top_product_description": "Vegetable oils: palm oil and its fractions, crude, not chemically modified",
    "top_attention_product_hs6": "170199",
    "top_attention_product_reason": "Trade has varied substantially across reported years",
    "distance_km": 8700.8798828125,
    "shares_land_border": 0,
    "shares_official_language": 1,
    "common_spoken_language_score": 0.8514000177383423,
    "has_reported_fta": 1,
    "avg_applied_tariff_pct": 1.4075037980010099,
    "avg_mfn_tariff_pct": 5.920413126868686,
    "avg_preferential_tariff_pct": 1.0953704839047997,
    "tariff_advantage_pp": 4.825042642963886,
    "buyer_biz_entry_days": 12.5,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 1425276.586283,
    "buyer_gdp_pc_latest": 30116,
    "buyer_population_latest": 47326.687,
    "buyer_gdp_5y_cagr_pct": 4.219593086678142,
    "buyer_gdp_pc_5y_cagr_pct": 3.4705637441098336,
    "buyer_population_5y_cagr_pct": 0.7239057326687615,
    "buyer_investment_5y_avg_pct": 24.381999999999998,
    "buyer_savings_5y_avg_pct": 22.082,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 18.2727357161544,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_buyer_markets"
    ],
    "attention_level": "Watch",
    "primary_risk_reason": "Current trade remains materially below historical peaks",
    "buyer_gdp_mn_2024": 1425276.586283,
    "buyer_gdp_pc_2024": 30116,
    "buyer_population_2024": 47326.687
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 14001522.79085968,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 11249954.031582383,
      "yoy_growth_pct": -19.651925011139117,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 14197916.411720905,
      "yoy_growth_pct": 26.204217118244276,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 14893151.587976526,
      "yoy_growth_pct": 4.896740874468586,
      "cagr_3y_pct": 2.0791659084918868
    },
    {
      "year": 1999,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 11385663.002816899,
      "yoy_growth_pct": -23.551016481906206,
      "cagr_3y_pct": 0.4004961853058653
    },
    {
      "year": 2000,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 21838580.920632336,
      "yoy_growth_pct": 91.80772270555792,
      "cagr_3y_pct": 15.433872795942571
    },
    {
      "year": 2001,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 24501703.969331346,
      "yoy_growth_pct": 12.194579209965895,
      "cagr_3y_pct": 18.051060485180948
    },
    {
      "year": 2002,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 21111322.236469977,
      "yoy_growth_pct": -13.837330404061255,
      "cagr_3y_pct": 22.852982175932944
    },
    {
      "year": 2003,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 30106210.61839951,
      "yoy_growth_pct": 42.60693992151183,
      "cagr_3y_pct": 11.295403175799024
    },
    {
      "year": 2004,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 28432303.5036839,
      "yoy_growth_pct": -5.56000599322386,
      "cagr_3y_pct": 5.084481571514465
    },
    {
      "year": 2005,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 50971644.767727084,
      "yoy_growth_pct": 79.27370802412412,
      "cagr_3y_pct": 34.1542403276623
    },
    {
      "year": 2006,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 47225531.14150147,
      "yoy_growth_pct": -7.349406995391838,
      "cagr_3y_pct": 16.19129314135135
    },
    {
      "year": 2007,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 69593566.48767467,
      "yoy_growth_pct": 47.36428538866411,
      "cagr_3y_pct": 34.76765835072242
    },
    {
      "year": 2008,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 62765082.3884957,
      "yoy_growth_pct": -9.811947344857408,
      "cagr_3y_pct": 7.183964966032419
    },
    {
      "year": 2009,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 62326812.708697654,
      "yoy_growth_pct": -0.6982699028184158,
      "cagr_3y_pct": 9.689743877535918
    },
    {
      "year": 2010,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 77897020.4394332,
      "yoy_growth_pct": 24.981556177928432,
      "cagr_3y_pct": 3.8286604315795225
    },
    {
      "year": 2011,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 96822585.47781415,
      "yoy_growth_pct": 24.295621233800624,
      "cagr_3y_pct": 15.545452426760198
    },
    {
      "year": 2012,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 110800115.53941785,
      "yoy_growth_pct": 14.436228894968405,
      "cagr_3y_pct": 21.140240528951537
    },
    {
      "year": 2013,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 107488720.97999123,
      "yoy_growth_pct": -2.988620132123032,
      "cagr_3y_pct": 11.330463284986948
    },
    {
      "year": 2014,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 113594740.87360282,
      "yoy_growth_pct": 5.680614522102467,
      "cagr_3y_pct": 5.469571900535142
    },
    {
      "year": 2015,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 82418751.05407216,
      "yoy_growth_pct": -27.444923576365454,
      "cagr_3y_pct": -9.39296088894367
    },
    {
      "year": 2016,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 90099544.33686574,
      "yoy_growth_pct": 9.319230374838462,
      "cagr_3y_pct": -5.712692699086297
    },
    {
      "year": 2017,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 117497977.23588432,
      "yoy_growth_pct": 30.409069325124282,
      "cagr_3y_pct": 1.1324949940278994
    },
    {
      "year": 2018,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 174305709.93356815,
      "yoy_growth_pct": 48.34783885993106,
      "cagr_3y_pct": 28.359651207603818
    },
    {
      "year": 2019,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 175239850.43089393,
      "yoy_growth_pct": 0.535920766842235,
      "cagr_3y_pct": 24.82553221093349
    },
    {
      "year": 2020,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 213496881.47863278,
      "yoy_growth_pct": 21.831239272157198,
      "cagr_3y_pct": 22.02637645492491
    },
    {
      "year": 2021,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 287799773.6165162,
      "yoy_growth_pct": 34.80279975205154,
      "cagr_3y_pct": 18.1933234520838
    },
    {
      "year": 2022,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 337589602.62401676,
      "yoy_growth_pct": 17.300162672762866,
      "cagr_3y_pct": 24.428174480093645
    },
    {
      "year": 2023,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 311533601.5363575,
      "yoy_growth_pct": -7.7182475067748335,
      "cagr_3y_pct": 13.423867945517888
    },
    {
      "year": 2024,
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "export_value_usd": 184894050.7671094,
      "yoy_growth_pct": -40.650366491676394,
      "cagr_3y_pct": -13.713239754228168
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "hs_code": "151110",
      "hs_description": "Vegetable oils: palm oil and its fractions, crude, not chemically modified",
      "buyer_imports_latest_usd": 274303732.82531565,
      "current_below_peak_pct": 67.32611093922138,
      "lane_volatility_cv": 0.5486954880079048,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "hs_code": "160414",
      "hs_description": "Fish preparations: tunas, skipjack and Atlantic bonito (sarda spp.), prepared or preserved, whole or in pieces (but not minced)",
      "buyer_imports_latest_usd": 891026687.3652717,
      "current_below_peak_pct": 23.424659695971126,
      "lane_volatility_cv": 0.4911896521323468,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "hs_code": "170199",
      "hs_description": "Sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter",
      "buyer_imports_latest_usd": 691775990.8440658,
      "current_below_peak_pct": 39.92301636088907,
      "lane_volatility_cv": 1.1250434010586337,
      "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": "GTM",
      "importer_iso3": "ESP",
      "hs_code": "030617",
      "hs_description": "Crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water",
      "buyer_imports_latest_usd": 1104324186.5184517,
      "current_below_peak_pct": 42.13710389514498,
      "lane_volatility_cv": 0.5337182760796892,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "hs_code": "090111",
      "hs_description": "Coffee: not roasted or decaffeinated",
      "buyer_imports_latest_usd": 1008570156.0601983,
      "current_below_peak_pct": 35.693207971838,
      "lane_volatility_cv": 0.4469826195869336,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "hs_code": "120991",
      "hs_description": "Seed: vegetable seed, of a kind used for sowing",
      "buyer_imports_latest_usd": 409646540.7905465,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.4252921800668328,
      "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": "GTM",
      "importer_iso3": "ESP",
      "hs_code": "151321",
      "hs_description": "Vegetable oils: palm kernel or babassu oil and their fractions, crude, not chemically modified",
      "buyer_imports_latest_usd": 64930073.16191927,
      "current_below_peak_pct": 70.69336662603365,
      "lane_volatility_cv": 0.6761474335960419,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "hs_code": "080390",
      "hs_description": "Fruit, edible: bananas, other than plantains, fresh or dried",
      "buyer_imports_latest_usd": 272780712.13161486,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.3764032348155668,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market"
      ]
    },
    {
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "hs_code": "160521",
      "hs_description": "Crustacean preparations: shrimps and prawns, prepared or preserved, not in airtight containers",
      "buyer_imports_latest_usd": 26358755.164230596,
      "current_below_peak_pct": 54.10437307813344,
      "lane_volatility_cv": 0.5259637360152462,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "GTM",
      "importer_iso3": "ESP",
      "hs_code": "230120",
      "hs_description": "Flours, meals and pellets: of fish or of crustaceans, molluscs or other aquatic invertebrates",
      "buyer_imports_latest_usd": 121099980.31709322,
      "current_below_peak_pct": 4.037261007591321,
      "lane_volatility_cv": 0.6885505293963956,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "GTM",
    "importer_iso3": "ESP",
    "distance_km": 8707,
    "shares_land_border": 0,
    "shares_official_language": 1,
    "shares_ethnic_language": 1,
    "shared_religion": 0,
    "shared_legal_system": 1,
    "shared_colonial_history": 0,
    "has_fta": 1,
    "rta_coverage_ratio": 2,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 1,
    "importer_gdp_million_usd": 1425276.586283,
    "importer_gdp_per_capita_usd": 30115.705886680804,
    "importer_population": 47326.687,
    "importer_biz_entry_days": 12.5,
    "importer_biz_entry_cost_pct": 3.9,
    "exporter_gdp_million_usd": 85986.321551,
    "exporter_gdp_per_capita_usd": 5025.575278874668,
    "avg_applied_tariff_pct": 1.4075037980010099,
    "avg_mfn_tariff_pct": 5.920413126868686,
    "avg_preferential_tariff_pct": 1.0953704839047997,
    "tariff_advantage_pp": 4.825042642963886
  },
  "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/GTM-ESP/risk",
    "html": "https://www.yugalinks.com/trade/corridor/GTM-ESP/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/GTM-ESP/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/GTM-ESP/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/GTM-ESP/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"
  }
}