# Spain HS 040690 exports | Yugalinks

Explore reported HS 040690 exports from Spain: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Spain |
| HS6 | 040690 |
| Latest exports | $538.6M |
| Active destinations | 131 |
| Three-year growth | +7% |
| Destination HHI | 1,110 |
| Weighted share | 10.9% |

## Destination markets

- USA, Puerto Rico and US Virgin Islands: $133.2M; share 7.9%; growth +10.9%
- Portugal: $78.9M; share 32.3%; growth +7.5%
- France: $61.5M; share 4.1%; growth +2.3%

## Price intelligence

- Highest reported market price: Bahamas at $69.4K / ton.
- Lowest reported market price: Kenya at $1.3K / ton.
- Median reported price: $8.5K / ton.
- Price spread: 804.2%.

## Export history

- 2010: $200.1M
- 2011: $215.2M
- 2012: $205.6M
- 2013: $234.7M
- 2014: $271.8M
- 2015: $261.1M
- 2016: $280.0M
- 2017: $310.3M
- 2018: $358.9M
- 2019: $372.0M
- 2020: $374.1M
- 2021: $439.0M
- 2022: $465.8M
- 2023: $540.7M
- 2024: $538.3M

## Methods

Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/esp/040690",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/040690",
    "exporter": "https://www.yugalinks.com/trade/exporter/esp/040690",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.",
    "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.",
    "destinations": "Destination rows are ranked by latest observed exporter-lane value.",
    "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.",
    "missingData": "Missing values are shown as Not reported and are not imputed."
  },
  "exporter": {
    "hs_code": "040690",
    "exporter_iso3": "ESP",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 169,
    "current_lane_count": 131,
    "active_market_count": 131,
    "exports_latest_observed_lanes_usd": 538566610.4442345,
    "exports_current_2024_usd": 538322620.2926357,
    "exports_avg_3y_usd": 514963108.6599776,
    "exports_avg_5y_usd": 471613430.36552125,
    "exports_avg_10y_usd": 394033742.6040727,
    "exports_cagr_3y_pct": 7.0316292743696,
    "exports_cagr_5y_pct": 7.669757255449694,
    "exports_cagr_10y_pct": 7.071722133672753,
    "exports_all_year_lane_avg_usd": 230046397.17146343,
    "exports_historical_lane_peak_usd": 580362164.493721,
    "historical_peak_year": 2023,
    "positive_growth_year_share_pct": 75.86206896551724,
    "trend_acceleration_pct": -0.04009285930315354,
    "trend_label": "Growing",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 133201962.80268629,
    "top_market_share_pct": 24.73268119849004,
    "destination_hhi": 1109.9713076661221,
    "weighted_share_latest_pct": 10.94447741664589,
    "weighted_share_change_1y_pp": -0.6898415158289735,
    "weighted_volatility_cv": 0.7716597139754913,
    "weighted_max_drawdown_pct": 40.364988526498266,
    "limited_history_lane_share_pct": 14.201183431952662,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:41",
    "source": "api",
    "product": {
      "hs_code": 40690,
      "hs_description": "Dairy produce: cheese (not grated, powdered or processed), n.e.c. in heading no. 0406",
      "hs_chapter": 4,
      "hs_heading": 406,
      "substitution_elasticity": -4.8586106,
      "price_range_label": "Medium price range",
      "trade_type_label": "Two-way vertical trade"
    },
    "hs_description": "Dairy produce: cheese (not grated, powdered or processed), n.e.c. in heading no. 0406",
    "hs_chapter": 4,
    "hs_heading": 406,
    "destinations": [
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        "corridor_rank": 41,
        "exporter_iso3": "ESP",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 133201962.80268629,
        "exports_all_year_avg_usd": 49268776.128233284,
        "exports_avg_3y_usd": 120682100.87340815,
        "exports_avg_5y_usd": 109627823.28416209,
        "exports_avg_10y_usd": 94005776.6974119,
        "exports_cagr_3y_pct": 10.877706888129568,
        "exports_cagr_5y_pct": 8.813226574845224,
        "exports_cagr_10y_pct": 6.7017169874890925,
        "exports_historical_peak_usd": 133201962.80268629,
        "buyer_imports_latest_observed_usd": 1693241796.3406088,
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        "buyer_yoy_all_avg_pct": 4.5356,
        "buyer_trend_consistency_pct": 75.8621,
        "market_share_latest_pct": 7.866682897301434,
        "market_share_change_1y_pp": -0.23009083498876493,
        "peer_best_share_pct": 28.178174665362405,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 75,
        "buyer_market_hhi": 1244.73,
        "distance_km": 5770.26416015625,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.04674475463696969,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.77604617207042,
        "max_drawdown_pct": 6.465959516628674,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
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        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
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        "corridor_rank": 68,
        "exporter_iso3": "ESP",
        "importer_iso3": "PRT",
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        "exports_latest_observed_usd": 78920585.91054127,
        "exports_all_year_avg_usd": 40001075.346957296,
        "exports_avg_3y_usd": 77470751.73608254,
        "exports_avg_5y_usd": 69903163.75553098,
        "exports_avg_10y_usd": 59468242.92679522,
        "exports_cagr_3y_pct": 7.476501692629456,
        "exports_cagr_5y_pct": 5.349090730093797,
        "exports_cagr_10y_pct": 5.7293955750942205,
        "exports_historical_peak_usd": 84052569.32984447,
        "buyer_imports_latest_observed_usd": 244027063.2759319,
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        "trend_label": "Growing",
        "buyer_yoy_latest_pct": 3.7261,
        "buyer_yoy_all_avg_pct": 9.5992,
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        "peer_best_share_pct": 32.34091532761772,
        "peer_top_exporter": "ESP",
        "supplier_count_latest": 27,
        "buyer_market_hhi": 2151.45,
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        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.5669373640268109,
        "max_drawdown_pct": 43.415618681012816,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
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        "corridor_rank": 88,
        "exporter_iso3": "ESP",
        "importer_iso3": "FRA",
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        "exports_all_year_avg_usd": 35389910.908078946,
        "exports_avg_3y_usd": 62517496.25181526,
        "exports_avg_5y_usd": 59115849.45553227,
        "exports_avg_10y_usd": 49336616.80642035,
        "exports_cagr_3y_pct": 2.2733065338018887,
        "exports_cagr_5y_pct": 5.037848507415532,
        "exports_cagr_10y_pct": 4.566972984817541,
        "exports_historical_peak_usd": 63367031.111122236,
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        "positive_growth_year_share_pct": 65.51724137931035,
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        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 4.0348,
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        "market_share_latest_pct": 4.12585493324452,
        "market_share_change_1y_pp": -0.2973709089623018,
        "peer_best_share_pct": 27.30397491170246,
        "peer_top_exporter": "NLD",
        "supplier_count_latest": 59,
        "buyer_market_hhi": 1525.26,
        "distance_km": 1054.6563720703125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.4035959605789327,
        "max_drawdown_pct": 50.53354652240402,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ESP",
      "hs_code": 40690,
      "num_markets": 148,
      "highest_price_importer_iso3": "BHS",
      "highest_price_usd_per_ton": 69352.94117647059,
      "lowest_price_importer_iso3": "KEN",
      "lowest_price_usd_per_ton": 1302.5641025641025,
      "median_price_across_markets": 8461.538461538461,
      "price_spread_pct": 804.2317290552584,
      "avg_quantity_metric_tons": 461.37627666666646,
      "total_trade_value_usd": 2074630908
    },
    "history": [
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        "year": 2010,
        "export_value_usd": 200056044.00152123,
        "active_destinations": 101,
        "yoy_growth_pct": -2.2242761408307534
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      {
        "year": 2011,
        "export_value_usd": 215200336.82009438,
        "active_destinations": 110,
        "yoy_growth_pct": 7.570025136785165
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      {
        "year": 2012,
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        "yoy_growth_pct": -4.4388067029378675
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      {
        "year": 2013,
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      {
        "year": 2014,
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      {
        "year": 2015,
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        "active_destinations": 121,
        "yoy_growth_pct": -3.944213663476024
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      {
        "year": 2016,
        "export_value_usd": 279994642.1816319,
        "active_destinations": 121,
        "yoy_growth_pct": 7.233736523717971
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      {
        "year": 2017,
        "export_value_usd": 310289372.3779019,
        "active_destinations": 122,
        "yoy_growth_pct": 10.819753535361532
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      {
        "year": 2018,
        "export_value_usd": 358852828.5027505,
        "active_destinations": 125,
        "yoy_growth_pct": 15.651021416777077
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      {
        "year": 2019,
        "export_value_usd": 372026571.2591244,
        "active_destinations": 124,
        "yoy_growth_pct": 3.6710711773790323
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      {
        "year": 2020,
        "export_value_usd": 374135672.41914284,
        "active_destinations": 123,
        "yoy_growth_pct": 0.5669221832408875
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      {
        "year": 2021,
        "export_value_usd": 439042153.4285306,
        "active_destinations": 126,
        "yoy_growth_pct": 17.34838075976707
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      {
        "year": 2022,
        "export_value_usd": 465821178.60839915,
        "active_destinations": 125,
        "yoy_growth_pct": 6.099420060408345
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      {
        "year": 2023,
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        "active_destinations": 135,
        "yoy_growth_pct": 16.084358528808952
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      {
        "year": 2024,
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        "active_destinations": 131,
        "yoy_growth_pct": -0.44806783688996893
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    "economy": {
      "year": 2024,
      "country_iso3": "ESP",
      "exports_usd": 389951601153.8226,
      "imports_usd": 440055603176.9493,
      "trade_balance_usd": -50104002023.12671,
      "yoy_exports_growth_pct": -3.8987656816749983,
      "yoy_imports_growth_pct": -1.8348334157975543,
      "exports_cagr_3y_pct": 1.5602192255318448,
      "imports_cagr_3y_pct": 2.9666580306946244,
      "export_partner_hhi": 604.5825828475407,
      "export_product_hhi": 52.5584557740159,
      "momentum_score": -2.2610702095129454,
      "risk_score": 3.285705193107783,
      "gdp_million_usd": 1725671.6527421873,
      "gdp_per_capita_usd": 35326.76830692781,
      "population": 48848840,
      "labor_force": 22392.15,
      "investment_rate_pct": 24.25,
      "savings_rate_pct": 21.99,
      "secondary_education_pct": 88.05,
      "tertiary_education_pct": 30.02,
      "total_factor_productivity": 1788.25,
      "trade_openness_pct": 51.047299403937664,
      "exports_gdp_pct": 23.9828956101581,
      "num_active_partners": 270,
      "num_fta_partners": 108,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 5,
      "num_shared_language_partners": 24,
      "avg_partner_distance_km": 6746.572016460906,
      "avg_partner_gdp_million_usd": 533678518.3258193,
      "avg_partner_gdp_per_capita_usd": 15.774186170212769,
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      "avg_buyer_biz_entry_cost_pct": null,
      "pct_partners_with_fta": 40,
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      "avg_applied_tariff_pct": 0.12805616369601883,
      "avg_mfn_tariff_pct": 0.13052375531925525,
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      "avg_distance_all_partners_km": 6704.091347253092,
      "num_border_partners": 75,
      "num_colonial_partners": 605,
      "avg_substitution_elasticity": -10.891699057348575,
      "pct_products_high_elasticity": 75.94907407407408,
      "pct_products_low_elasticity": 2.662037037037037,
      "real_market_potential": 214756.4728280517,
      "foreign_market_potential": 15747.12902462019
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    "countryMap": {}
  },
  "product": {
    "hs_code": "040690",
    "hs_description": "Dairy produce: cheese (not grated, powdered or processed), n.e.c. in heading no. 0406",
    "hs_chapter": 4,
    "hs_heading": 406
  },
  "destinations": [
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      "corridor_rank": 41,
      "exporter_iso3": "ESP",
      "importer_iso3": "USA",
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      "exports_latest_observed_usd": 133201962.80268629,
      "exports_all_year_avg_usd": 49268776.128233284,
      "exports_avg_3y_usd": 120682100.87340815,
      "exports_avg_5y_usd": 109627823.28416209,
      "exports_avg_10y_usd": 94005776.6974119,
      "exports_cagr_3y_pct": 10.877706888129568,
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      "supplier_count_latest": 75,
      "buyer_market_hhi": 1244.73,
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      "has_reported_fta": 0,
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      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Accelerating",
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      "refreshed_at": "2026-07-20 09:30:25"
    },
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      "exporter_iso3": "ESP",
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      "exports_latest_observed_usd": 78920585.91054127,
      "exports_all_year_avg_usd": 40001075.346957296,
      "exports_avg_3y_usd": 77470751.73608254,
      "exports_avg_5y_usd": 69903163.75553098,
      "exports_avg_10y_usd": 59468242.92679522,
      "exports_cagr_3y_pct": 7.476501692629456,
      "exports_cagr_5y_pct": 5.349090730093797,
      "exports_cagr_10y_pct": 5.7293955750942205,
      "exports_historical_peak_usd": 84052569.32984447,
      "buyer_imports_latest_observed_usd": 244027063.2759319,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 72.41379310344827,
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      "buyer_yoy_latest_pct": 3.7261,
      "buyer_yoy_all_avg_pct": 9.5992,
      "buyer_trend_consistency_pct": 79.3103,
      "market_share_latest_pct": 32.34091532761772,
      "market_share_change_1y_pp": -3.386449076802691,
      "peer_best_share_pct": 32.34091532761772,
      "peer_top_exporter": "ESP",
      "supplier_count_latest": 27,
      "buyer_market_hhi": 2151.45,
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      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.5669373640268109,
      "max_drawdown_pct": 43.415618681012816,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 40690,
      "corridor_rank": 88,
      "exporter_iso3": "ESP",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 61491769.70523921,
      "exports_all_year_avg_usd": 35389910.908078946,
      "exports_avg_3y_usd": 62517496.25181526,
      "exports_avg_5y_usd": 59115849.45553227,
      "exports_avg_10y_usd": 49336616.80642035,
      "exports_cagr_3y_pct": 2.2733065338018887,
      "exports_cagr_5y_pct": 5.037848507415532,
      "exports_cagr_10y_pct": 4.566972984817541,
      "exports_historical_peak_usd": 63367031.111122236,
      "buyer_imports_latest_observed_usd": 1490400673.3189445,
      "historical_peak_year": 2023,
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      "trend_acceleration_pct": -2.2936664510156524,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": 4.0348,
      "buyer_yoy_all_avg_pct": 4.4324,
      "buyer_trend_consistency_pct": 75.8621,
      "market_share_latest_pct": 4.12585493324452,
      "market_share_change_1y_pp": -0.2973709089623018,
      "peer_best_share_pct": 27.30397491170246,
      "peer_top_exporter": "NLD",
      "supplier_count_latest": 59,
      "buyer_market_hhi": 1525.26,
      "distance_km": 1054.6563720703125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.4035959605789327,
      "max_drawdown_pct": 50.53354652240402,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ESP",
    "hs_code": 40690,
    "num_markets": 148,
    "highest_price_importer_iso3": "BHS",
    "highest_price_usd_per_ton": 69352.94117647059,
    "lowest_price_importer_iso3": "KEN",
    "lowest_price_usd_per_ton": 1302.5641025641025,
    "median_price_across_markets": 8461.538461538461,
    "price_spread_pct": 804.2317290552584,
    "avg_quantity_metric_tons": 461.37627666666646,
    "total_trade_value_usd": 2074630908
  },
  "history": [
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      "year": 2010,
      "export_value_usd": 200056044.00152123,
      "active_destinations": 101,
      "yoy_growth_pct": -2.2242761408307534
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      "export_value_usd": 215200336.82009438,
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      "export_value_usd": 234705344.82353523,
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      "yoy_growth_pct": 14.129645602170665
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      "yoy_growth_pct": 15.816855833171486
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    {
      "year": 2015,
      "export_value_usd": 261106859.89171204,
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      "yoy_growth_pct": -3.944213663476024
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    {
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      "export_value_usd": 279994642.1816319,
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      "yoy_growth_pct": 7.233736523717971
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      "export_value_usd": 310289372.3779019,
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      "yoy_growth_pct": 10.819753535361532
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    {
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    {
      "year": 2021,
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    "num_active_partners": 270,
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    "avg_buyer_biz_entry_days": null,
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    "pct_partners_with_fta": 40,
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    "avg_distance_all_partners_km": 6704.091347253092,
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    "real_market_potential": 214756.4728280517,
    "foreign_market_potential": 15747.12902462019
  }
}
```