# Norway exports to Spain: Trade Route Risk | Yugalinks

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

Canonical: https://www.yugalinks.com/trade/corridor/NOR-ESP/risk

## Route overview

In 2024, Norway reported $2.0B 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 | $2.0B | 2024 route total |
| Exports needing review | 15.5% | Share of route exports |
| Highest-priority products | 2 | Need the closest review |
| Products needing review | 30 | High-attention product types |
| Export volatility | 0.8 | Higher means bigger yearly swings |
| Below highest year | 34.8% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 270900 | Oils: petroleum oils and oils obtained from bituminous minerals, crude | $34.4B | 46.6% | Stable |
| 2 | 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 | 6% | Watch |
| 3 | 760120 | Aluminium: unwrought, alloys | $1.4B | 41.9% | Stable |
| 4 | 030441 | Fish fillets: fresh or chilled, salmon, Pacific (Oncorhynchus nerka, Oncorhynchus gorbuscha, Oncorhynchus keta, Oncorhynchus tschawytscha, Oncorhynchus kisutch, Oncorhynchus masou and Oncorhynchus rhodurus), Atlantic (Salmo salar), Danube (Hucho hucho) | $172.0M | 15.1% | High attention |
| 5 | 271111 | Petroleum gases and other gaseous hydrocarbons: liquefied, natural gas | $5.7B | 92.2% | Watch |
| 6 | 720230 | Ferro-alloys: ferro-silico-manganese | $69.1M | 30.3% | High attention |
| 7 | 310520 | Fertilizers, mineral or chemical: containing the three fertilizing elements nitrogen, phosphorus and potassium | $278.0M | 42.8% | Stable |
| 8 | 750210 | Nickel: unwrought, not alloyed | $147.5M | 49.1% | Stable |
| 9 | 271121 | Petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas | $3.4B | 96.5% | Critical 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 | $11.9B | 12.6% | 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.