# Portugal exports to Spain: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Portugal reported $19.2B 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 | $19.2B | 2024 route total |
| Exports needing review | 34.2% | Share of route exports |
| Highest-priority products | 16 | Need the closest review |
| Products needing review | 419 | High-attention product types |
| Export volatility | 0.9 | Higher means bigger yearly swings |
| Below highest year | 24.3% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 150910 | Vegetable oils: olive oil and its fractions, virgin, whether or not refined, but not chemically modified | $1.4B | 0% | High attention |
| 2 | 870899 | Vehicle parts and accessories: n.e.c. in heading no. 8708 | $3.7B | 0% | Stable |
| 3 | 854140 | Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light emitting diodes | $2.0B | 13.2% | High attention |
| 4 | 870829 | Vehicles: parts and accessories, of bodies, other than safety seat belts | $2.2B | 16.5% | Stable |
| 5 | 701090 | Glass: carboys, bottles, flasks, jars, pots, phials and other containers of glass, (not ampoules), used for the conveyance or packing of goods | $873.7M | 19.4% | Stable |
| 6 | 271121 | Petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas | $3.4B | 0% | High attention |
| 7 | 870421 | Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1 | $2.3B | 0% | Stable |
| 8 | 271600 | Electrical energy | $1.2B | 68.2% | Critical attention |
| 9 | 842139 | Machinery: for filtering or purifying gases, other than intake air filters for internal combustion engines | $905.1M | 54.8% | High attention |
| 10 | 240220 | Cigarettes: containing tobacco | $1.1B | 37.3% | Watch |

## 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.