I am Spanish; we have a very strong dubbing industry and pretty much all movies have been dubbed since forever. In fact nowadays we usually get two dubs, one for Spain and one for LATAM, with serious online fights about which one is better xD
> one for Spain and one for LATAM
What’s the difference there for someone who is only bilingual (English and German)? :D
An example that comes to mind, as a first year Spanish student (I'm doing my best but fact check me because I'm very much still learning!) with a Latin wife, is "el carro," which means car, and is common in some Spanish speaking countries but others might use "el coche" -- I believe this dialectic difference even exists within Latin American Spanish speaking countries!
There are differences in pronunciation too but that obviously doesn't apply to subtitles
But yes, it is mostly a difference of vocabulary, accent and pronunciation, and also how or if to translate the names of characters and the movies themselves.