{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:18.302Z",
  "seo": {
    "title": "Belgium exports to Papua New Guinea: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Belgium to Papua New Guinea, 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": "PNG",
    "country_name": "Papua New Guinea"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "BEL",
    "importer_iso3": "PNG",
    "all_history_lane_count": 12,
    "current_lane_count": 2,
    "current_product_count": 2,
    "first_observed_last_year": 2002,
    "latest_data_year": 2024,
    "current_trade_usd": 89489.91052047833,
    "attention_trade_usd": 0,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 89489.91052047833,
    "unrecovered_drawdown_trade_usd": 54539.53328799806,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 89489.91052047833,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 0,
    "high_volatility_lane_count": 2,
    "unrecovered_drawdown_lane_count": 1,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 2,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 1.9226968646496987,
    "trade_weighted_below_peak_pct": 64.62110039836831,
    "product_concentration_hhi": 5239.581516020034,
    "top1_product_share_pct": 60.9448964366967,
    "top3_product_share_pct": 100,
    "top_product_hs6": "843149",
    "top_product_trade_usd": 54539.53328799806,
    "top_product_description": "Machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431",
    "top_attention_product_hs6": "",
    "top_attention_product_reason": "",
    "distance_km": 14313.3720703125,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": null,
    "has_reported_fta": 1,
    "avg_applied_tariff_pct": 16.264865000989907,
    "avg_mfn_tariff_pct": 16.264865000989907,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": 41,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 26594.277245999998,
    "buyer_gdp_pc_latest": 2916,
    "buyer_population_latest": 9119.005,
    "buyer_gdp_5y_cagr_pct": 5.140334920164524,
    "buyer_gdp_pc_5y_cagr_pct": 3.142267314450886,
    "buyer_population_5y_cagr_pct": 1.9371957372452453,
    "buyer_investment_5y_avg_pct": 27.46,
    "buyer_savings_5y_avg_pct": 48.532,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 0,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_product_mix",
      "concentrated_buyer_markets"
    ],
    "attention_level": "Stable",
    "primary_risk_reason": "Volatile products account for the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 26594.277245999998,
    "buyer_gdp_pc_2024": 2916,
    "buyer_population_2024": 9119.005
  },
  "history": [
    {
      "year": 1999,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 618313.0959443735,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2000,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 1163736.4915245012,
      "yoy_growth_pct": 88.21152247262067,
      "cagr_3y_pct": null
    },
    {
      "year": 2001,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 483371.81723320845,
      "yoy_growth_pct": -58.463808537963025,
      "cagr_3y_pct": null
    },
    {
      "year": 2002,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 531868.5005892368,
      "yoy_growth_pct": 10.032997710462421,
      "cagr_3y_pct": -4.896038309914852
    },
    {
      "year": 2003,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 693537.0021700046,
      "yoy_growth_pct": 30.396329431365345,
      "cagr_3y_pct": -15.846601133546145
    },
    {
      "year": 2004,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 12282088.65544397,
      "yoy_growth_pct": 1670.9348768724092,
      "cagr_3y_pct": 193.98847186822326
    },
    {
      "year": 2005,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 3700782.1146006077,
      "yoy_growth_pct": -69.86846278006425,
      "cagr_3y_pct": 90.91047083039683
    },
    {
      "year": 2006,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 2769632.263838117,
      "yoy_growth_pct": -25.16089361459155,
      "cagr_3y_pct": 58.65392629170088
    },
    {
      "year": 2007,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 2630385.9494981538,
      "yoy_growth_pct": -5.027610205081801,
      "cagr_3y_pct": -40.17044820806615
    },
    {
      "year": 2008,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 1639801.402050494,
      "yoy_growth_pct": -37.65928523290095,
      "cagr_3y_pct": -23.762979947791006
    },
    {
      "year": 2009,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 1799869,
      "yoy_growth_pct": 9.761401456868434,
      "cagr_3y_pct": -13.38237680772869
    },
    {
      "year": 2010,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 3030364.2326655574,
      "yoy_growth_pct": 68.36582177178214,
      "cagr_3y_pct": 4.8314964025454765
    },
    {
      "year": 2011,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 7017153.392664479,
      "yoy_growth_pct": 131.56138516365993,
      "cagr_3y_pct": 62.3515997130589
    },
    {
      "year": 2012,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 10225242.994486118,
      "yoy_growth_pct": 45.717820636146826,
      "cagr_3y_pct": 78.43398721437138
    },
    {
      "year": 2013,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 6018847.927331803,
      "yoy_growth_pct": -41.13736044632464,
      "cagr_3y_pct": 25.701225869557586
    },
    {
      "year": 2014,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 8596993.084367476,
      "yoy_growth_pct": 42.8345289358155,
      "cagr_3y_pct": 7.002814820630232
    },
    {
      "year": 2015,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 4643318.676857143,
      "yoy_growth_pct": -45.98903789628005,
      "cagr_3y_pct": -23.136831283093272
    },
    {
      "year": 2016,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 4325416.516000002,
      "yoy_growth_pct": -6.846442878056235,
      "cagr_3y_pct": -10.428154727975791
    },
    {
      "year": 2017,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 10064920.939999998,
      "yoy_growth_pct": 132.69252574334033,
      "cagr_3y_pct": 5.395304639722931
    },
    {
      "year": 2018,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 8473403.965177111,
      "yoy_growth_pct": -15.812513424699459,
      "cagr_3y_pct": 22.201482210569946
    },
    {
      "year": 2019,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 7563849.870042788,
      "yoy_growth_pct": -10.73422321032126,
      "cagr_3y_pct": 20.477234149337864
    },
    {
      "year": 2020,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 8210378.65194119,
      "yoy_growth_pct": 8.54761520927363,
      "cagr_3y_pct": -6.563275331405682
    },
    {
      "year": 2021,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 11926596.211300543,
      "yoy_growth_pct": 45.26243815174984,
      "cagr_3y_pct": 12.069181852676092
    },
    {
      "year": 2022,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 19576873.29866149,
      "yoy_growth_pct": 64.14468094519918,
      "cagr_3y_pct": 37.29882164274787
    },
    {
      "year": 2023,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 10054288.341042185,
      "yoy_growth_pct": -48.642011481324666,
      "cagr_3y_pct": 6.98659928368488
    },
    {
      "year": 2024,
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "export_value_usd": 8555107.891872829,
      "yoy_growth_pct": -14.910855928505807,
      "cagr_3y_pct": -10.483520968356185
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "hs_code": "843149",
      "hs_description": "Machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431",
      "buyer_imports_latest_usd": 51822411.853619814,
      "current_below_peak_pct": 84.62964653494812,
      "lane_volatility_cv": 2.0725942541769706,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "PNG",
      "hs_code": "870899",
      "hs_description": "Vehicle parts and accessories: n.e.c. in heading no. 8708",
      "buyer_imports_latest_usd": 32687214.46269209,
      "current_below_peak_pct": 33.39806778839958,
      "lane_volatility_cv": 1.6887842630337961,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "BEL",
    "importer_iso3": "PNG",
    "distance_km": 14300,
    "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": 1,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 1,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 26594.277246,
    "importer_gdp_per_capita_usd": 2916.357348855495,
    "importer_population": 9119.005,
    "importer_biz_entry_days": 41,
    "importer_biz_entry_cost_pct": 18.6,
    "exporter_gdp_million_usd": 599879.0253780001,
    "exporter_gdp_per_capita_usd": 51767.78857240694,
    "avg_applied_tariff_pct": 16.264865000989907,
    "avg_mfn_tariff_pct": 16.264865000989907,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null
  },
  "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-PNG/risk",
    "html": "https://www.yugalinks.com/trade/corridor/BEL-PNG/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/BEL-PNG/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/BEL-PNG/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/BEL-PNG/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"
  }
}