{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:07.310Z",
  "seo": {
    "title": "Belgium exports to Taiwan: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Belgium to Taiwan, 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": "TWN",
    "country_name": "Taiwan"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "BEL",
    "importer_iso3": "TWN",
    "all_history_lane_count": 561,
    "current_lane_count": 476,
    "current_product_count": 476,
    "first_observed_last_year": 1999,
    "latest_data_year": 2024,
    "current_trade_usd": 1130409375.9864905,
    "attention_trade_usd": 785995833.6607049,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 676152480.6751901,
    "unrecovered_drawdown_trade_usd": 143736019.98550802,
    "declining_demand_trade_usd": 190375.34394310723,
    "concentrated_market_trade_usd": 517797487.8468674,
    "access_friction_trade_usd": 1130409375.9864905,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 76,
    "high_volatility_lane_count": 236,
    "unrecovered_drawdown_lane_count": 264,
    "declining_demand_lane_count": 2,
    "concentrated_market_lane_count": 228,
    "access_friction_lane_count": 476,
    "trade_weighted_volatility_cv": 1.2790018583953209,
    "trade_weighted_below_peak_pct": 20.447201959453977,
    "product_concentration_hhi": 690.1087371780703,
    "top1_product_share_pct": 15.179091963684016,
    "top3_product_share_pct": 41.73878811591201,
    "top_product_hs6": "300220",
    "top_product_trade_usd": 171585878.747096,
    "top_product_description": "Vaccines: for human medicine",
    "top_attention_product_hs6": "300220",
    "top_attention_product_reason": "Trade has varied substantially across reported years",
    "distance_km": 9587.0263671875,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": null,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": null,
    "avg_mfn_tariff_pct": null,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": null,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 610872,
    "buyer_gdp_pc_latest": 25889,
    "buyer_population_latest": 23596.027,
    "buyer_gdp_5y_cagr_pct": null,
    "buyer_gdp_pc_5y_cagr_pct": null,
    "buyer_population_5y_cagr_pct": null,
    "buyer_investment_5y_avg_pct": null,
    "buyer_savings_5y_avg_pct": null,
    "buyer_macro_resilience_label": "Macro trend unavailable",
    "attention_trade_share_pct": 69.53196340704257,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "declining_buyer_demand",
      "concentrated_buyer_markets",
      "market_access_friction"
    ],
    "attention_level": "High attention",
    "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction",
    "buyer_gdp_mn_2024": 610872,
    "buyer_gdp_pc_2024": 25889,
    "buyer_population_2024": 23596.027
  },
  "history": [
    {
      "year": 1999,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 514089881.8865496,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2000,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 524186915.2000805,
      "yoy_growth_pct": 1.9640599181757867,
      "cagr_3y_pct": null
    },
    {
      "year": 2001,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 525842905.07594365,
      "yoy_growth_pct": 0.3159159124052291,
      "cagr_3y_pct": null
    },
    {
      "year": 2002,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 500937821.2258236,
      "yoy_growth_pct": -4.736221333351109,
      "cagr_3y_pct": -0.8601504749488065
    },
    {
      "year": 2003,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 450543435.79457295,
      "yoy_growth_pct": -10.060008107978891,
      "cagr_3y_pct": -4.921242667380921
    },
    {
      "year": 2004,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 562252978.8990182,
      "yoy_growth_pct": 24.794400324007746,
      "cagr_3y_pct": 2.2567335074996864
    },
    {
      "year": 2005,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 575066777.3091847,
      "yoy_growth_pct": 2.2790094301070596,
      "cagr_3y_pct": 4.707587143551151
    },
    {
      "year": 2006,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 571548265.8392552,
      "yoy_growth_pct": -0.6118439820837929,
      "cagr_3y_pct": 8.252702761589514
    },
    {
      "year": 2007,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 551521846.959795,
      "yoy_growth_pct": -3.50388936095426,
      "cagr_3y_pct": -0.6402892688372352
    },
    {
      "year": 2008,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 579213116.1339471,
      "yoy_growth_pct": 5.020883456711145,
      "cagr_3y_pct": 0.23976422810572107
    },
    {
      "year": 2009,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 579915936.3160161,
      "yoy_growth_pct": 0.1213405156913705,
      "cagr_3y_pct": 0.4856495169907493
    },
    {
      "year": 2010,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 689269423.8692185,
      "yoy_growth_pct": 18.856782630924627,
      "cagr_3y_pct": 7.714812803344073
    },
    {
      "year": 2011,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 898436713.6947205,
      "yoy_growth_pct": 30.346230745495717,
      "cagr_3y_pct": 15.757649831693389
    },
    {
      "year": 2012,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 706749339.9732548,
      "yoy_growth_pct": -21.335656791358492,
      "cagr_3y_pct": 6.815297896452521
    },
    {
      "year": 2013,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 694807266.8614055,
      "yoy_growth_pct": -1.6897183253543946,
      "cagr_3y_pct": 0.2670981586988974
    },
    {
      "year": 2014,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 605125547.8095287,
      "yoy_growth_pct": -12.907423875542989,
      "cagr_3y_pct": -12.343121858837215
    },
    {
      "year": 2015,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 549502069.5598928,
      "yoy_growth_pct": -9.192055838823077,
      "cagr_3y_pct": -8.046561550465437
    },
    {
      "year": 2016,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 535816102.7626226,
      "yoy_growth_pct": -2.490612420847027,
      "cagr_3y_pct": -8.29694519959806
    },
    {
      "year": 2017,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 637160859.7676477,
      "yoy_growth_pct": 18.914093190275572,
      "cagr_3y_pct": 1.7344091010402574
    },
    {
      "year": 2018,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 628689090.1836417,
      "yoy_growth_pct": -1.3296123661920234,
      "cagr_3y_pct": 4.589687131023323
    },
    {
      "year": 2019,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 690750745.1276809,
      "yoy_growth_pct": 9.871597251021313,
      "cagr_3y_pct": 8.8349879755085
    },
    {
      "year": 2020,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 858065741.2244941,
      "yoy_growth_pct": 24.222195528125855,
      "cagr_3y_pct": 10.430869345680893
    },
    {
      "year": 2021,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 840960492.1871527,
      "yoy_growth_pct": -1.993466026616031,
      "cagr_3y_pct": 10.18265247780663
    },
    {
      "year": 2022,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 1093425148.4094625,
      "yoy_growth_pct": 30.02098892490239,
      "cagr_3y_pct": 16.543815453157418
    },
    {
      "year": 2023,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 1176796042.5598187,
      "yoy_growth_pct": 7.624746355215151,
      "cagr_3y_pct": 11.103279587087878
    },
    {
      "year": 2024,
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "export_value_usd": 1212819763.7357461,
      "yoy_growth_pct": 3.061169469738112,
      "cagr_3y_pct": 12.981384062448353
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "hs_code": "300220",
      "hs_description": "Vaccines: for human medicine",
      "buyer_imports_latest_usd": 455624890.2349328,
      "current_below_peak_pct": 9.648903729307795,
      "lane_volatility_cv": 1.465198088127026,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "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": 2905517800.8397555,
      "current_below_peak_pct": 28.284616291873977,
      "lane_volatility_cv": 0.8874405979980089,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": [
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "hs_code": "271019",
      "hs_description": "",
      "buyer_imports_latest_usd": 5535676504.303747,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 2.122215810363814,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "hs_code": "870380",
      "hs_description": "Vehicles: with only electric motor for propulsion",
      "buyer_imports_latest_usd": 1468634510.7667336,
      "current_below_peak_pct": 17.560080212748847,
      "lane_volatility_cv": 1.5186880112155474,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "hs_code": "870322",
      "hs_description": "Vehicles: with only spark-ignition internal combustion piston engine, cylinder capacity over 1000 but not over 1500cc",
      "buyer_imports_latest_usd": 538923547.223193,
      "current_below_peak_pct": 20.068823409691213,
      "lane_volatility_cv": 1.1650066554793987,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "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": 2671274270.2714467,
      "current_below_peak_pct": 61.60282014000265,
      "lane_volatility_cv": 0.6475767199212383,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "hs_code": "854239",
      "hs_description": "Electronic integrated circuits: n.e.c. in heading no. 8542",
      "buyer_imports_latest_usd": 27376662698.137592,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.7759818605207379,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": [
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "hs_code": "870340",
      "hs_description": "Vehicles: with both spark-ignition internal combustion piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power",
      "buyer_imports_latest_usd": 2111748234.7088678,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.445202998488444,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "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": 891730966.211903,
      "current_below_peak_pct": 32.96801928133684,
      "lane_volatility_cv": 1.0667255742196413,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "BEL",
      "importer_iso3": "TWN",
      "hs_code": "300439",
      "hs_description": "Medicaments: containing hormones (but not insulin), adrenal cortex hormones or antibiotics, for therapeutic or prophylactic uses, packaged for retail sale",
      "buyer_imports_latest_usd": 185876063.5055212,
      "current_below_peak_pct": 22.746293925931703,
      "lane_volatility_cv": 1.022480639355158,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "long_distance_without_fta"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "BEL",
    "importer_iso3": "TWN",
    "distance_km": 9598,
    "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": 0,
    "rta_coverage_ratio": null,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 1,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 610872,
    "importer_gdp_per_capita_usd": 25888.765087444594,
    "importer_population": 23596.027,
    "importer_biz_entry_days": null,
    "importer_biz_entry_cost_pct": null,
    "exporter_gdp_million_usd": 599879.0253780001,
    "exporter_gdp_per_capita_usd": 51767.78857240694,
    "avg_applied_tariff_pct": null,
    "avg_mfn_tariff_pct": null,
    "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-TWN/risk",
    "html": "https://www.yugalinks.com/trade/corridor/BEL-TWN/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/BEL-TWN/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/BEL-TWN/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/BEL-TWN/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"
  }
}