# Iceland exports to Spain: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Iceland reported $260.0M in goods exports to Spain. 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 | $260.0M | 2024 route total |
| Exports needing review | 31% | Share of route exports |
| Highest-priority products | 0 | Need the closest review |
| Products needing review | 7 | High-attention product types |
| Export volatility | 0.7 | Higher means bigger yearly swings |
| Below highest year | 47% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 030471 | Fish fillets: frozen, cod (Gadus morhua, Gadus ogac, Gadus macrocephalus) | $212.5M | 9.3% | Stable |
| 2 | 760110 | Aluminium: unwrought, (not alloyed) | $369.9M | 81.7% | Watch |
| 3 | 030562 | Fish: cod (gadus morhua, gadus ogac, gadus macrocephalus), salted or in brine but not dried or smoked | $86.9M | 48.6% | Stable |
| 4 | 030532 | Fish fillets: dried, salted or in brine, but not smoked, of the families Bregmacerotidae, Euclichthyidae, Gadidae, Macrouridae, Melanonidae, Merlucciidae, Moridae and Muraenolepididae | $62.0M | 62.2% | High attention |
| 5 | 760120 | Aluminium: unwrought, alloys | $1.4B | 58.1% | High attention |
| 6 | 030473 | Fish fillets: frozen, coalfish (Pollachius virens) | $28.6M | 19.5% | High attention |
| 7 | 760511 | Aluminium: (not alloyed), wire, maximum cross-sectional dimension exceeds 7mm | $141.1M | 84.1% | Watch |
| 8 | 030214 | Fish: fresh or chilled, Atlantic salmon (Salmo salar) and Danube salmon (Hucho hucho), excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0302.91 to 0302.99 | $975.4M | 0% | High attention |
| 9 | 720221 | Ferro-alloys: ferro-silicon, containing by weight more than 55% of silicon | $43.8M | 33% | Watch |
| 10 | 030495 | Fish meat, excluding fillets, whether or not minced: frozen, of the families Bregmacerotidae, Euclichthyidae, Gadidae, Macrouridae, Melanonidae, Merlucciidae, Moridae and Muraenolepididae, other than Alaska Pollack (Theragra chalcogramma) | $60.7M | 56.9% | High attention |

## 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.