{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:02.696Z",
  "seo": {
    "title": "Belgium exports to Hungary: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Belgium to Hungary, the product routes that need a closer look, and the conditions that may affect planning."
  },
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "email": "support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "exporter": {
    "iso3": "BEL",
    "country_name": "Belgium"
  },
  "importer": {
    "iso3": "HUN",
    "country_name": "Hungary"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "BEL",
    "importer_iso3": "HUN",
    "all_history_lane_count": 1032,
    "current_lane_count": 980,
    "current_product_count": 980,
    "first_observed_last_year": 2003,
    "latest_data_year": 2024,
    "current_trade_usd": 2801968737.8575726,
    "attention_trade_usd": 480243098.60685605,
    "critical_trade_usd": 15162247.104954178,
    "high_volatility_trade_usd": 994239177.9917102,
    "unrecovered_drawdown_trade_usd": 478733652.573581,
    "declining_demand_trade_usd": 16387.403867885794,
    "concentrated_market_trade_usd": 489585089.25797224,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 1,
    "high_attention_lane_count": 85,
    "high_volatility_lane_count": 428,
    "unrecovered_drawdown_lane_count": 504,
    "declining_demand_lane_count": 1,
    "concentrated_market_lane_count": 300,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 0.9681326984084474,
    "trade_weighted_below_peak_pct": 23.697452346457307,
    "product_concentration_hhi": 216.42450141666373,
    "top1_product_share_pct": 10.98942401420963,
    "top3_product_share_pct": 19.675572560037278,
    "top_product_hs6": "300490",
    "top_product_trade_usd": 307920225.34876657,
    "top_product_description": "Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale",
    "top_attention_product_hs6": "300390",
    "top_attention_product_reason": "Current trade remains more than 50% below its historical peak",
    "distance_km": 1129.978759765625,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": null,
    "has_reported_fta": 1,
    "avg_applied_tariff_pct": 8.352117814343435,
    "avg_mfn_tariff_pct": 8.352117814343435,
    "avg_preferential_tariff_pct": 0,
    "tariff_advantage_pp": 8.352117814343435,
    "buyer_biz_entry_days": 7,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 182280.517581,
    "buyer_gdp_pc_latest": 18773,
    "buyer_population_latest": 9709.886,
    "buyer_gdp_5y_cagr_pct": 6.19142800064274,
    "buyer_gdp_pc_5y_cagr_pct": 6.484674704790949,
    "buyer_population_5y_cagr_pct": -0.2753886462640631,
    "buyer_investment_5y_avg_pct": 26.228,
    "buyer_savings_5y_avg_pct": 30.585999999999995,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 17.139488107710193,
    "critical_trade_share_pct": 0.5411283466548402,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "declining_buyer_demand",
      "concentrated_buyer_markets"
    ],
    "attention_level": "Watch",
    "primary_risk_reason": "Volatile products account for the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 182280.517581,
    "buyer_gdp_pc_2024": 18773,
    "buyer_population_2024": 9709.886
  },
  "history": [
    {
      "year": 1999,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 839215469.3900502,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2000,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 804347444.8800317,
      "yoy_growth_pct": -4.154835770050913,
      "cagr_3y_pct": null
    },
    {
      "year": 2001,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 789388758.7821958,
      "yoy_growth_pct": -1.859729423280132,
      "cagr_3y_pct": null
    },
    {
      "year": 2002,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 844261418.6787016,
      "yoy_growth_pct": 6.951284685274572,
      "cagr_3y_pct": 0.20002291279110906
    },
    {
      "year": 2003,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 1050022838.0210669,
      "yoy_growth_pct": 24.371766231410774,
      "cagr_3y_pct": 9.291155970290067
    },
    {
      "year": 2004,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 1263161802.4473035,
      "yoy_growth_pct": 20.298507490363793,
      "cagr_3y_pct": 16.965024350855117
    },
    {
      "year": 2005,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 1496989251.7859254,
      "yoy_growth_pct": 18.51128247272793,
      "cagr_3y_pct": 21.035818933995532
    },
    {
      "year": 2006,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 1635140072.1560931,
      "yoy_growth_pct": 9.228577974447871,
      "cagr_3y_pct": 15.909421670673417
    },
    {
      "year": 2007,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 1841533338.2555397,
      "yoy_growth_pct": 12.622359980897336,
      "cagr_3y_pct": 13.389681065744652
    },
    {
      "year": 2008,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 2492337926.2846575,
      "yoy_growth_pct": 35.34036416878645,
      "cagr_3y_pct": 18.521211298448303
    },
    {
      "year": 2009,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 1810445865.4492474,
      "yoy_growth_pct": -27.35953474222136,
      "cagr_3y_pct": 3.4531043435278352
    },
    {
      "year": 2010,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 1540331745.8469064,
      "yoy_growth_pct": -14.919756771369375,
      "cagr_3y_pct": -5.779610865629758
    },
    {
      "year": 2011,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 1746800677.4081137,
      "yoy_growth_pct": 13.404185956557457,
      "cagr_3y_pct": -11.172901736505558
    },
    {
      "year": 2012,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 1653004598.4251752,
      "yoy_growth_pct": -5.369592546879032,
      "cagr_3y_pct": -2.9870957584114732
    },
    {
      "year": 2013,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 1845206077.219698,
      "yoy_growth_pct": 11.627401338001953,
      "cagr_3y_pct": 6.204651136463268
    },
    {
      "year": 2014,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 2079023500.3145018,
      "yoy_growth_pct": 12.671615706312501,
      "cagr_3y_pct": 5.975469410027889
    },
    {
      "year": 2015,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 1756540426.60772,
      "yoy_growth_pct": -15.51127602251724,
      "cagr_3y_pct": 2.0456968935068653
    },
    {
      "year": 2016,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 1807786493.119934,
      "yoy_growth_pct": 2.9174430452011846,
      "cagr_3y_pct": -0.6806000655405819
    },
    {
      "year": 2017,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 1967888003.9593544,
      "yoy_growth_pct": 8.856217891257279,
      "cagr_3y_pct": -1.8145820145491265
    },
    {
      "year": 2018,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 2326502515.014003,
      "yoy_growth_pct": 18.22331912858468,
      "cagr_3y_pct": 9.82008924164961
    },
    {
      "year": 2019,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 2391295115.0696287,
      "yoy_growth_pct": 2.784978723963949,
      "cagr_3y_pct": 9.77295278990049
    },
    {
      "year": 2020,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 2258271815.8714924,
      "yoy_growth_pct": -5.562813989784909,
      "cagr_3y_pct": 4.6948402809229295
    },
    {
      "year": 2021,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 2709191440.8352194,
      "yoy_growth_pct": 19.96746458041907,
      "cagr_3y_pct": 5.20718234665698
    },
    {
      "year": 2022,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 2834730031.456562,
      "yoy_growth_pct": 4.633802865649095,
      "cagr_3y_pct": 5.834235259118392
    },
    {
      "year": 2023,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 2766325535.2898016,
      "yoy_growth_pct": -2.4130867986611126,
      "cagr_3y_pct": 6.998007503466885
    },
    {
      "year": 2024,
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "export_value_usd": 3002052358.138637,
      "yoy_growth_pct": 8.521297289190532,
      "cagr_3y_pct": 3.4807392326424047
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "hs_code": "300490",
      "hs_description": "Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale",
      "buyer_imports_latest_usd": 2291888411.364083,
      "current_below_peak_pct": 25.455294445031353,
      "lane_volatility_cv": 0.541992752973191,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "hs_code": "300215",
      "hs_description": "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",
      "buyer_imports_latest_usd": 2733476595.2703133,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.4061503038767144,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "hs_code": "870323",
      "hs_description": "Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc",
      "buyer_imports_latest_usd": 502829492.0000934,
      "current_below_peak_pct": 24.873065425692708,
      "lane_volatility_cv": 0.4584886024424818,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "hs_code": "853400",
      "hs_description": "Circuits: printed",
      "buyer_imports_latest_usd": 948416793.1905653,
      "current_below_peak_pct": 6.036253105918345,
      "lane_volatility_cv": 1.2538535373038366,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "hs_code": "760612",
      "hs_description": "Aluminium: plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)",
      "buyer_imports_latest_usd": 441771428.47685957,
      "current_below_peak_pct": 45.36978152693089,
      "lane_volatility_cv": 1.1733579817588906,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "hs_code": "401110",
      "hs_description": "Rubber: new pneumatic tyres, of a kind used on motor cars (including station wagons and racing cars)",
      "buyer_imports_latest_usd": 553759224.0565616,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.4653589967467384,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "hs_code": "870332",
      "hs_description": "Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), cylinder capacity exceeding 1500cc but not exceeding 2500cc",
      "buyer_imports_latest_usd": 774510057.2000076,
      "current_below_peak_pct": 65.88957030240137,
      "lane_volatility_cv": 0.6454287169327804,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "hs_code": "854231",
      "hs_description": "Electronic integrated circuits: processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits",
      "buyer_imports_latest_usd": 1846228802.4550996,
      "current_below_peak_pct": 6.885726706125382,
      "lane_volatility_cv": 0.9694785913545283,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "hs_code": "610910",
      "hs_description": "T-shirts, singlets and other vests: of cotton, knitted or crocheted",
      "buyer_imports_latest_usd": 268945413.19794005,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.3931649584842822,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "HUN",
      "hs_code": "852852",
      "hs_description": "Monitors: other than cathode-ray tube: capable of directly connecting to and designed for use with an automatic data processing machine of heading 84.71",
      "buyer_imports_latest_usd": 139642244.58098236,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 2.5216557797356147,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "BEL",
    "importer_iso3": "HUN",
    "distance_km": 1132,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": 0,
    "shared_legal_system": 0,
    "shared_colonial_history": 0,
    "has_fta": 1,
    "rta_coverage_ratio": 2,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 1,
    "importer_is_eu": 1,
    "importer_gdp_million_usd": 182280.517581,
    "importer_gdp_per_capita_usd": 18772.673292044827,
    "importer_population": 9709.886,
    "importer_biz_entry_days": 7,
    "importer_biz_entry_cost_pct": 4.5,
    "exporter_gdp_million_usd": 599879.0253780001,
    "exporter_gdp_per_capita_usd": 51767.78857240694,
    "avg_applied_tariff_pct": 8.352117814343435,
    "avg_mfn_tariff_pct": 8.352117814343435,
    "avg_preferential_tariff_pct": 0,
    "tariff_advantage_pp": 8.352117814343435
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-29",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-29"
      }
    ]
  },
  "links": {
    "canonical": "https://www.yugalinks.com/trade/corridor/BEL-HUN/risk",
    "html": "https://www.yugalinks.com/trade/corridor/BEL-HUN/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/BEL-HUN/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/BEL-HUN/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/BEL-HUN/risk/index.ld.json",
    "home": "https://www.yugalinks.com/",
    "tradeHub": "https://www.yugalinks.com/trade/",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "workspace": "https://www.yugalinks.com/app/corridors",
    "contact": "https://www.yugalinks.com/contact",
    "email": "mailto:support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  }
}