{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:00.090Z", "seo": { "title": "Nepal exports to Belgium: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Nepal to Belgium, 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": "NPL", "country_name": "Nepal" }, "importer": { "iso3": "BEL", "country_name": "Belgium" }, "latestYear": 2024, "risk": { "exporter_iso3": "NPL", "importer_iso3": "BEL", "all_history_lane_count": 5, "current_lane_count": 3, "current_product_count": 3, "first_observed_last_year": 2000, "latest_data_year": 2024, "current_trade_usd": 427315.2177683804, "attention_trade_usd": 0, "critical_trade_usd": 0, "high_volatility_trade_usd": 140343.64218842302, "unrecovered_drawdown_trade_usd": 23966.668994326395, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 0, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 0, "high_volatility_lane_count": 1, "unrecovered_drawdown_lane_count": 1, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 0, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 0.8966690888552827, "trade_weighted_below_peak_pct": 26.54192241002883, "product_concentration_hhi": 4898.3107891951695, "top1_product_share_pct": 61.548219124784076, "top3_product_share_pct": 100, "top_product_hs6": "330129", "top_product_trade_usd": 263004.906585631, "top_product_description": "Oils, essential: n.e.s. in heading no. 3301 (terpeneless or not), including concretes and absolutes", "top_attention_product_hs6": "", "top_attention_product_reason": "", "distance_km": 7053.2490234375, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": null, "has_reported_fta": 0, "avg_applied_tariff_pct": 0.9551298294575757, "avg_mfn_tariff_pct": 5.920413126868688, "avg_preferential_tariff_pct": 0.6020011496365415, "tariff_advantage_pp": 5.318411977232147, "buyer_biz_entry_days": 5, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 599879.025378, "buyer_gdp_pc_latest": 51768, "buyer_population_latest": 11587.882, "buyer_gdp_5y_cagr_pct": 4.5783569491818055, "buyer_gdp_pc_5y_cagr_pct": 3.918136849252618, "buyer_population_5y_cagr_pct": 0.6353271141561478, "buyer_investment_5y_avg_pct": 23.874000000000002, "buyer_savings_5y_avg_pct": 24.938, "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" ], "attention_level": "Stable", "primary_risk_reason": "Volatile products account for the largest observed corridor exposure", "buyer_gdp_mn_2024": 599879.025378, "buyer_gdp_pc_2024": 51768, "buyer_population_2024": 11587.882 }, "history": [ { "year": 1999, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 5727404.4307103045, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 2000, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 9110882.371835852, "yoy_growth_pct": 59.075240487355174, "cagr_3y_pct": null }, { "year": 2001, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 4571639.940865847, "yoy_growth_pct": -49.82220432350224, "cagr_3y_pct": null }, { "year": 2002, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 3402237.392981531, "yoy_growth_pct": -25.57949801407231, "cagr_3y_pct": -15.937509208606116 }, { "year": 2003, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 3819159.586386099, "yoy_growth_pct": 12.254353392994744, "cagr_3y_pct": -25.159653626849998 }, { "year": 2004, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 3756618.367671701, "yoy_growth_pct": -1.6375649485120825, "cagr_3y_pct": -6.335499860331639 }, { "year": 2005, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 4716146.105830248, "yoy_growth_pct": 25.54232674833161, "cagr_3y_pct": 11.499831872325728 }, { "year": 2006, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 4069237.862414341, "yoy_growth_pct": -13.716882999366353, "cagr_3y_pct": 2.1366847250154253 }, { "year": 2007, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 4021337.0698565897, "yoy_growth_pct": -1.1771440789979049, "cagr_3y_pct": 2.295799253992703 }, { "year": 2008, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 3948302.895893769, "yoy_growth_pct": -1.8161664315651471, "cagr_3y_pct": -5.7515093738928265 }, { "year": 2009, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 4405679.299333464, "yoy_growth_pct": 11.584126534855432, "cagr_3y_pct": 2.6833277039090664 }, { "year": 2010, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 3379580.3999314504, "yoy_growth_pct": -23.2903674935498, "cagr_3y_pct": -5.6306924263616835 }, { "year": 2011, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 3911804.8286012136, "yoy_growth_pct": 15.748239890388716, "cagr_3y_pct": -0.3090873215848 }, { "year": 2012, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 2414872.462870368, "yoy_growth_pct": -38.2670514332925, "cagr_3y_pct": -18.160976348996893 }, { "year": 2013, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 2643610.439603472, "yoy_growth_pct": 9.472052054509806, "cagr_3y_pct": -7.860703538395597 }, { "year": 2014, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 3033358.502382912, "yoy_growth_pct": 14.743021775852139, "cagr_3y_pct": -8.128207998927472 }, { "year": 2015, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 2148409.4821380107, "yoy_growth_pct": -29.173901454434514, "cagr_3y_pct": -3.822322150477142 }, { "year": 2016, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 2555825.8384037325, "yoy_growth_pct": 18.96362679707955, "cagr_3y_pct": -1.119360604466979 }, { "year": 2017, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 2904411.108187202, "yoy_growth_pct": 13.638850681671721, "cagr_3y_pct": -1.4375593146144228 }, { "year": 2018, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 2953778.272777228, "yoy_growth_pct": 1.6997306080694274, "cagr_3y_pct": 11.195431300706327 }, { "year": 2019, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 2091136.3423778198, "yoy_growth_pct": -29.204694825936528, "cagr_3y_pct": -6.470122727466066 }, { "year": 2020, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 2029675.7755352636, "yoy_growth_pct": -2.9390989768113274, "cagr_3y_pct": -11.25929804011877 }, { "year": 2021, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 3223895.772116959, "yoy_growth_pct": 58.83796865372537, "cagr_3y_pct": 2.9598023916952654 }, { "year": 2022, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 3439457.2206804277, "yoy_growth_pct": 6.6863653108090615, "cagr_3y_pct": 18.041808358327916 }, { "year": 2023, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 2964394.4781473405, "yoy_growth_pct": -13.812142790341364, "cagr_3y_pct": 13.458344510709708 }, { "year": 2024, "exporter_iso3": "NPL", "importer_iso3": "BEL", "export_value_usd": 3337106.4434981667, "yoy_growth_pct": 12.572954378992108, "cagr_3y_pct": 1.1570965610788964 } ], "riskLanes": [ { "exporter_iso3": "NPL", "importer_iso3": "BEL", "hs_code": "330129", "hs_description": "Oils, essential: n.e.s. in heading no. 3301 (terpeneless or not), including concretes and absolutes", "buyer_imports_latest_usd": 20673349.72303388, "current_below_peak_pct": 36.87984925046578, "lane_volatility_cv": 0.7195175598707767, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "NPL", "importer_iso3": "BEL", "hs_code": "330190", "hs_description": "Oils, essential: concentrates in fats, fixed oils, waxes and the like, terpenic by-products, aqueous distillates and solutions, extracted oleoresins, n.e.c. in heading no. 3301", "buyer_imports_latest_usd": 11097577.976215094, "current_below_peak_pct": 0, "lane_volatility_cv": 1.2762871299722056, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "NPL", "importer_iso3": "BEL", "hs_code": "620432", "hs_description": "Jackets and blazers: women's or girls', of cotton (not knitted or crocheted)", "buyer_imports_latest_usd": 22450500.576135136, "current_below_peak_pct": 68.519578086165, "lane_volatility_cv": 0.6177293162780282, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "NPL", "importer_iso3": "BEL", "distance_km": 7060, "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": 0, "importer_is_eu": 1, "importer_gdp_million_usd": 599879.0253780001, "importer_gdp_per_capita_usd": 51767.78857240694, "importer_population": 11587.882, "importer_biz_entry_days": 5, "importer_biz_entry_cost_pct": 5.3, "exporter_gdp_million_usd": 36288.830373000004, "exporter_gdp_per_capita_usd": 1222.8788349177971, "avg_applied_tariff_pct": 0.9551298294575757, "avg_mfn_tariff_pct": 5.920413126868688, "avg_preferential_tariff_pct": 0.6020011496365415, "tariff_advantage_pp": 5.318411977232147 }, "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/NPL-BEL/risk", "html": "https://www.yugalinks.com/trade/corridor/NPL-BEL/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/NPL-BEL/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/NPL-BEL/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/NPL-BEL/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" } }