# Spain Chemicals Export Opportunities (HS 28-38) ![Yugalinks](https://www.yugalinks.com/trade/yugalinks-logo-v3-dark-mode.webp) > Yugalinks sector export playbook Explore Spain HS 28-38 chemicals export opportunities, product portfolio, buyer markets, growth signals, and diversification opportunities. ## Overview - Exporter: Spain (ESP) - Sector: Chemicals - HS chapters: HS 28-38 - Latest trade year: 2024 - Sector exports: $13.1B - Products: 49 - Buyer markets: 26 - Average CAGR: +15.7% - Global sector size: $787.0B ## Product portfolio | Product | Global size | Your exports | Opportunity | CAGR | Markets | Share | | --- | ---: | ---: | ---: | ---: | ---: | ---: | | HS 300490 - Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale | $272.0B | $8.8B | $91.6B | +16.5% | 15 | +2.8% | | HS 300215 - Blood, human or animal, antisera, other blood fractions and immunological products: immunological products, put up in measured doses or in forms or packings for retail sale | $158.3B | $370.2M | $65.0B | +5.1% | 14 | +0.3% | | HS 293719 - Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: other than somatotropin, (its derivatives and structural anaologues) and insulin and its salts | $29.9B | $21.0M | $47.9B | +18.5% | 4 | +0.1% | | HS 300214 - Blood, human or animal, antisera, other blood fractions and immunological products: immunological products, mixed, put up in measured doses or in forms or packings for retail sale | $28.6B | $50.4M | $33.2B | +21.5% | 4 | +0.5% | | HS 293359 - Heterocyclic compounds: containing a pyrimidine ring (whether or not hydrogenated) or piperazine ring in the structure, (other than malonylurea (barbituric acid) and its derivatives),and loprazolam, mecloqualone, methaqualone, zipeprol and salts thereof | $19.4B | $306.3M | $22.5B | +10.2% | 3 | +2.9% | | HS 300220 - Vaccines: for human medicine | $24.1B | $147.7M | $19.8B | +14.4% | 4 | +1.1% | | HS 293399 - Heterocyclic compounds: n.e.c. in headings no. 2933 | $15.4B | $5.0M | $15.5B | +3.8% | 2 | +0.0% | | HS 382499 - Chemical products, mixtures and preparations: n.e.c. heading 3824 | $19.9B | $175.9M | $13.4B | +80.6% | 5 | +1.1% | | HS 300439 - Medicaments: containing hormones (but not insulin), adrenal cortex hormones or antibiotics, for therapeutic or prophylactic uses, packaged for retail sale | $23.2B | $357.2M | $12.9B | +21.5% | 6 | +1.7% | | HS 300212 - Blood, human or animal, antisera, other blood fractions and immunological products: antisera and other blood fractions | $25.3B | $692.2M | $12.6B | +5.8% | 4 | +2.1% | | HS 284190 - Salts of oxometallic or peroxometallic acids: n.e.c. in heading no. 2841 | $8.0B | $560.0K | $12.3B | +10.7% | 5 | +0.0% | | HS 382600 - Biodiesel and mixtures thereof: not containing or containing less than 70% by weight of petroleum oils or oils obtained from bituminous minerals | $13.4B | $818.6M | $10.7B | +29.8% | 5 | +5.6% | | HS 330210 - Odoriferous substances and mixtures: of a kind used in the food or drink industries | $6.8B | $24.3M | $9.5B | +12.8% | 2 | +0.4% | | HS 282200 - Cobalt oxides and hydroxides: commercial cobalt oxides | $4.1B | $943.7K | $7.6B | +2.1% | 2 | +0.3% | | HS 293499 - Nucleic acids and their salts, other heterocyclic compounds, n.e.c. in heading number 2934 | $11.9B | $102.4M | $7.2B | +7.7% | 2 | +0.9% | | HS 300339 - Medicaments: containing hormones (excluding insulin), (but not containing antibiotics), for therapeutic or prophylactic uses, not packaged for retail sale | $3.4B | $363.8 | $6.7B | -20.5% | 1 | +0.0% | | HS 310420 - Fertilizers, mineral or chemical: potassic, potassium chloride | $10.1B | $26.9M | $6.3B | +21.5% | 3 | +0.2% | | HS 290243 - Cyclic hydrocarbons: p-xylene | $8.5B | $35.7 | $6.3B | -15.6% | 1 | +0.0% | | HS 382200 - Reagents: diagnostic or laboratory reagents on a backing and prepared diagnostic or laboratory reagents whether or not on a backing, other than those of heading no. 3002 or 3006: certified reference material | $15.1B | $230.1M | $6.0B | +18.4% | 3 | +1.5% | | HS 330499 - Cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations) | $14.9B | $138.9M | $5.6B | +28.2% | 2 | +1.0% | | HS 293319 - Heterocyclic compounds: with nitrogen hetero-atom(s) only, containing an unfused pyrazole ring (whether or not hydrogenated) in the structure, other than henazone (antipyrin) and its derivatives | $2.6B | $51.3K | $5.1B | +14.4% | 1 | +0.0% | | HS 293379 - Heterocyclic compounds: lactams: other than 6-hexanelactam (epsilon caprolactam) | $4.2B | $497.1K | $4.8B | -1.6% | 1 | +0.0% | | HS 293590 - Sulphonamides: n.e.c. in heading no. 2935 | $3.6B | $7.7M | $4.6B | +8.8% | 2 | +0.2% | | HS 290919 - Ethers: acyclic, and their halogenated, sulphonated, nitrated or nitrosated derivatives, other than diethyl ether | $3.0B | $13.7K | $4.4B | +16.8% | 2 | +0.0% | | HS 290110 - Acyclic hydrocarbons: saturated | $2.0B | $18.7M | $3.8B | +25.4% | 1 | +0.9% | | HS 283691 - Carbonates: lithium carbonate | $2.5B | $118.5K | $3.8B | +77.7% | 1 | +0.0% | | HS 381512 - Catalysts, supported: reaction initiators, reaction accelerators and catalytic preparations, with precious metal or precious metal compounds as the active substance, n.e.c. or included | $4.5B | $135.6K | $3.8B | +5.7% | 2 | +0.0% | | HS 381800 - Chemical elements: doped for use in electronics, in the form of discs, wafers or similar forms: chemical compounds doped for use in electronics | $3.8B | $206.9K | $3.6B | +15.8% | 2 | +0.0% | | HS 290220 - Cyclic hydrocarbons: benzene | $4.1B | $1.5K | $3.5B | +3.1% | 1 | +0.0% | | HS 281820 - Aluminium oxide: other than artificial corundum | $3.5B | $3.3K | $3.4B | -2.9% | 2 | +0.0% | | HS 290121 - Acyclic hydrocarbons: unsaturated, ethylene | $1.8B | $4.8M | $2.4B | -21.5% | 1 | +0.4% | | HS 282590 - Inorganic bases, metal oxides, hydroxides and peroxides: n.e.s. in heading no. 2825 | $1.5B | $1.3K | $2.4B | +3.6% | 1 | +0.0% | | HS 285390 - Phosphides, chemically defined or not, not ferrophosphorus: other inorganic compounds n.e.c. (including distilled, conductivity water and water of like purity): liquid air, rare gases removed or not: compressed air: amalgams, not precious metal amalgams | $1.3B | $97.6 | $2.4B | +0.1% | 1 | +0.0% | | HS 290531 - Alcohols: acyclic, diols: ethylene glycol (ethanediol) | $3.2B | $62.0 | $2.2B | -15.5% | 1 | +0.0% | | HS 300420 - Medicaments: containing antibiotics (other than penicillins, streptomycins or their derivatives), for therapeutic or prophylactic uses, packaged for retail sale | $3.8B | $27.4M | $2.0B | +43.5% | 1 | +0.7% | | HS 293299 - Heterocyclic compounds: with oxygen hetero-atom(s) only, no lactones or unfused furan rings (hydrogenated or not) in the structure, other than isosafrole, 1-(1,3-benzodiaxol-5-yl) propan-2-one, piperonal, safrole, tetrahydrocannabinols (all isomers) | $2.4B | $7.8M | $2.0B | +9.0% | 1 | +0.3% | | HS 382319 - Industrial monocarboxylic fatty acids: acid oils from refining: (other than stearic acid, oleic acid or tall oil fatty acids) | $1.3B | $884.5 | $1.9B | +2.2% | 1 | +0.0% | | HS 284590 - Isotopes (excluding those of heading no. 2844): compounds, inorganic or organic, of such isotopes, whether or not chemically defined | $1.1B | $5.8M | $1.9B | +71.1% | 1 | +3.5% | | HS 290122 - Acyclic hydrocarbons: unsaturated, propene (propylene) | $1.6B | $4.3M | $1.8B | +73.0% | 1 | +0.2% | | HS 310540 - Fertilizers, mineral or chemical: ammonium dihydrogenorthophosphate (monoammonium phosphate) and mixtures thereof with diammonium hydrogenorthophosphate (diammonium phosphate) | $2.7B | $10.9M | $1.8B | +7.3% | 1 | +0.4% | | HS 370790 - Photographic goods: chemical preparations other than sensitised emulsions, put up in measured portions or put up for retail sale in a form ready for use | $2.2B | $14.6K | $1.8B | +10.9% | 1 | +0.0% | | HS 330300 - Perfumes and toilet waters | $5.1B | $758.4M | $1.7B | +12.4% | 1 | +14.9% | | HS 380893 - Herbicides, anti-sprouting products and plant-growth regulators: not containing substances of 3808.50: put up in forms or packings for retail sale or as preparations or articles | $2.0B | $40.9K | $1.7B | -1.7% | 1 | +0.0% | | HS 284420 - Uranium: enriched in U235, plutonium, their compounds, alloys dispersions (including cermets), ceramic products and mixtures containing uranium enriched in U235, plutonium or compounds of these products | $4.9B | $36.8K | $1.7B | +5.0% | 1 | +0.0% | | HS 284390 - Inorganic or organic compounds: of precious metals (excluding gold and silver), whether or not chemically defined, amalgams of precious metals | $892.9M | $5.0K | $1.7B | +1.7% | 1 | +0.0% | | HS 284690 - Compounds, inorganic or organic (excluding cerium), of rare-earth metals, of yttrium, scandium or of mixtures of these metals | $1.4B | $466.0 | $1.5B | -11.8% | 1 | +0.0% | | HS 293219 - Heterocyclic compounds: with oxygen hetero-atom(s) only, containing an unfused furan ring (whether or not hydrogenated) in the structure, n.e.c. in item no. 2932.1 | $990.6M | $74.9K | $1.5B | -7.2% | 1 | +0.0% | | HS 300670 - Pharmaceutical goods: Gel preparations designed to be used in human or veterinary medicine as a lubricant for parts of the body for surgical operations or physical examinations or as a coupling agent between the body and medical instruments | $1.2B | $1.3M | $1.4B | -3.7% | 1 | +0.1% | | HS 284410 - Uranium: natural uranium and its compounds, alloys, dispersions (including cermets), ceramic products and mixtures containing natural uranium or natural uranium compounds | $1.6B | $248.6 | $1.4B | -1.2% | 1 | +0.0% | ## Best markets - USA, Puerto Rico and US Virgin Islands (USA): $151.2B calculated opportunity across 21 products. - China (CHN): $63.2B calculated opportunity across 21 products. - Slovenia (SVN): $42.7B calculated opportunity across 6 products. - Germany (DEU): $38.6B calculated opportunity across 13 products. - Switzerland, Liechtenstein (CHE): $32.0B calculated opportunity across 4 products. - Belgium (BEL): $28.8B calculated opportunity across 5 products. - Italy (ITA): $22.9B calculated opportunity across 4 products. - Netherlands (NLD): $19.1B calculated opportunity across 5 products. - Canada (CAN): $10.3B calculated opportunity across 5 products. - Japan (JPN): $9.5B calculated opportunity across 3 products. - Mexico (MEX): $9.3B calculated opportunity across 4 products. - United Kingdom (GBR): $8.8B calculated opportunity across 4 products. ## Growth stars - HS 382499: +80.6% average CAGR, $13.4B calculated opportunity. - HS 283691: +77.7% average CAGR, $3.8B calculated opportunity. - HS 290122: +73.0% average CAGR, $1.8B calculated opportunity. - HS 284590: +71.1% average CAGR, $1.9B calculated opportunity. - HS 300420: +43.5% average CAGR, $2.0B calculated opportunity. - HS 382600: +29.8% average CAGR, $10.7B calculated opportunity. - HS 330499: +28.2% average CAGR, $5.6B calculated opportunity. - HS 290110: +25.4% average CAGR, $3.8B calculated opportunity. - HS 300214: +21.5% average CAGR, $33.2B calculated opportunity. - HS 300439: +21.5% average CAGR, $12.9B calculated opportunity. ## Diversification opportunities - HS 300490: 15 buyer markets, $91.6B calculated opportunity. - HS 300215: 14 buyer markets, $65.0B calculated opportunity. - HS 300439: 6 buyer markets, $12.9B calculated opportunity. - HS 382499: 5 buyer markets, $13.4B calculated opportunity. - HS 284190: 5 buyer markets, $12.3B calculated opportunity. - HS 382600: 5 buyer markets, $10.7B calculated opportunity. - HS 293719: 4 buyer markets, $47.9B calculated opportunity. - HS 300214: 4 buyer markets, $33.2B calculated opportunity. - HS 300220: 4 buyer markets, $19.8B calculated opportunity. - HS 300212: 4 buyer markets, $12.6B calculated opportunity. ## Method Reported trade observations and calculated indicators are shown separately. Validate buyers, standards, logistics, pricing, and competition before acting. [Read the Yugalinks methodology](https://www.yugalinks.com/methodology). ## Data sources - Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). [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.