{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:47:53.909Z", "seo": { "title": "Sweden exports to Belgium: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Sweden 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": "SWE", "country_name": "Sweden" }, "importer": { "iso3": "BEL", "country_name": "Belgium" }, "latestYear": 2024, "risk": { "exporter_iso3": "SWE", "importer_iso3": "BEL", "all_history_lane_count": 1268, "current_lane_count": 1134, "current_product_count": 1134, "first_observed_last_year": 1999, "latest_data_year": 2024, "current_trade_usd": 8460743736.737905, "attention_trade_usd": 3961357350.166362, "critical_trade_usd": 391938225.3942846, "high_volatility_trade_usd": 2626808956.7162237, "unrecovered_drawdown_trade_usd": 1337727212.9883018, "declining_demand_trade_usd": 217111359.82645708, "concentrated_market_trade_usd": 4235962169.2500124, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 7, "high_attention_lane_count": 124, "high_volatility_lane_count": 473, "unrecovered_drawdown_lane_count": 646, "declining_demand_lane_count": 28, "concentrated_market_lane_count": 353, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 0.8540210065350833, "trade_weighted_below_peak_pct": 24.709800277519257, "product_concentration_hhi": 273.1752320248607, "top1_product_share_pct": 7.858589598066086, "top3_product_share_pct": 19.652809937825914, "top_product_hs6": "840820", "top_product_trade_usd": 664895127.2143128, "top_product_description": "Engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87", "top_attention_product_hs6": "840820", "top_attention_product_reason": "The buyer market is concentrated among relatively few suppliers", "distance_km": 1283.7164306640625, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": null, "has_reported_fta": 1, "avg_applied_tariff_pct": 3.752397506868687, "avg_mfn_tariff_pct": 3.752397506868687, "avg_preferential_tariff_pct": 0, "tariff_advantage_pp": 3.752397506868687, "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": 46.820438881342234, "critical_trade_share_pct": 4.63243229661272, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "declining_buyer_demand", "concentrated_buyer_markets" ], "attention_level": "Watch", "primary_risk_reason": "Buyer-market concentration is 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": "SWE", "importer_iso3": "BEL", "export_value_usd": 3477838973.1632047, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 2000, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 3758495568.037897, "yoy_growth_pct": 8.069855937563041, "cagr_3y_pct": null }, { "year": 2001, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 3695497110.6782036, "yoy_growth_pct": -1.6761615444070177, "cagr_3y_pct": null }, { "year": 2002, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 3941970064.8062696, "yoy_growth_pct": 6.669548013334348, "cagr_3y_pct": 4.264056438059027 }, { "year": 2003, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 4656892324.189611, "yoy_growth_pct": 18.136166628106466, "cagr_3y_pct": 7.405713536261027 }, { "year": 2004, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 5701551165.091712, "yoy_growth_pct": 22.432531572090642, "cagr_3y_pct": 15.550914329760634 }, { "year": 2005, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 5806704556.71989, "yoy_growth_pct": 1.8442944487105484, "cagr_3y_pct": 13.781626049474527 }, { "year": 2006, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 6817243848.343311, "yoy_growth_pct": 17.40297412676113, "cagr_3y_pct": 13.545748473253273 }, { "year": 2007, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 8096147137.444938, "yoy_growth_pct": 18.75982900937918, "cagr_3y_pct": 12.398829547864555 }, { "year": 2008, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 8509925609.296137, "yoy_growth_pct": 5.110807212698254, "cagr_3y_pct": 13.587884527702233 }, { "year": 2009, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 5160831919.189871, "yoy_growth_pct": -39.355146494438884, "cagr_3y_pct": -8.86113227866694 }, { "year": 2010, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 5632234429.809119, "yoy_growth_pct": 9.134234906321993, "cagr_3y_pct": -11.393120201022434 }, { "year": 2011, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 7362653378.676944, "yoy_growth_pct": 30.723489414954443, "cagr_3y_pct": -4.712441994797345 }, { "year": 2012, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 6987847498.971142, "yoy_growth_pct": -5.090635949144106, "cagr_3y_pct": 10.630421701621717 }, { "year": 2013, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 7274584943.627296, "yoy_growth_pct": 4.1033729585308265, "cagr_3y_pct": 8.90366580103401 }, { "year": 2014, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 6865129383.990191, "yoy_growth_pct": -5.628576239195581, "cagr_3y_pct": -2.305197971171291 }, { "year": 2015, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 5680668774.058251, "yoy_growth_pct": -17.253288957585543, "cagr_3y_pct": -6.670555057248084 }, { "year": 2016, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 6155755598.882278, "yoy_growth_pct": 8.36321996088898, "cagr_3y_pct": -5.4145393855005945 }, { "year": 2017, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 6390089362.778185, "yoy_growth_pct": 3.8067424889067336, "cagr_3y_pct": -2.361881552791667 }, { "year": 2018, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 6460001698.200743, "yoy_growth_pct": 1.094074455825167, "cagr_3y_pct": 4.378500845313726 }, { "year": 2019, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 6046189635.976487, "yoy_growth_pct": -6.4057577932140735, "cagr_3y_pct": -0.5968534608663201 }, { "year": 2020, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 5112548264.943272, "yoy_growth_pct": -15.441814220939964, "cagr_3y_pct": -7.165337448142517 }, { "year": 2021, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 6486681351.251707, "yoy_growth_pct": 26.87765503811206, "cagr_3y_pct": 0.13747678694693288 }, { "year": 2022, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 6675906312.844491, "yoy_growth_pct": 2.917130522470779, "cagr_3y_pct": 3.357696777040786 }, { "year": 2023, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 7938485542.678404, "yoy_growth_pct": 18.9124767584695, "cagr_3y_pct": 15.797738834690023 }, { "year": 2024, "exporter_iso3": "SWE", "importer_iso3": "BEL", "export_value_usd": 8566833099.744944, "yoy_growth_pct": 7.91520692062051, "cagr_3y_pct": 9.714976361286997 } ], "riskLanes": [ { "exporter_iso3": "SWE", "importer_iso3": "BEL", "hs_code": "840820", "hs_description": "Engines: compression-ignition internal combustion piston engines (diesel or semi-diesel engines), of a kind used for the propulsion of vehicles of chapter 87", "buyer_imports_latest_usd": 751796039.8036923, "current_below_peak_pct": 15.930290404372979, "lane_volatility_cv": 0.3254364764343386, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "SWE", "importer_iso3": "BEL", "hs_code": "740200", "hs_description": "Copper: unrefined, copper anodes for electrolytic refining", "buyer_imports_latest_usd": 1619704838.8989346, "current_below_peak_pct": 0, "lane_volatility_cv": 2.3970828524795738, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "SWE", "importer_iso3": "BEL", "hs_code": "271019", "hs_description": "", "buyer_imports_latest_usd": 16140042346.427181, "current_below_peak_pct": 24.396061848557224, "lane_volatility_cv": 0.5994714654236658, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "SWE", "importer_iso3": "BEL", "hs_code": "293711", "hs_description": "Polypeptide hormones, protein hormones and glycoprotein hormones, their derivatives and structural analogues: somatotropin, its derivatives and structural analogues", "buyer_imports_latest_usd": 400420267.2742582, "current_below_peak_pct": 9.923378626659312, "lane_volatility_cv": 0.6022513606309835, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "SWE", "importer_iso3": "BEL", "hs_code": "870829", "hs_description": "Vehicles: parts and accessories, of bodies, other than safety seat belts", "buyer_imports_latest_usd": 2015643424.0461743, "current_below_peak_pct": 40.859741779752724, "lane_volatility_cv": 0.32762026909558417, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "SWE", "importer_iso3": "BEL", "hs_code": "846729", "hs_description": "Tools: for working in the hand, with self-contained electric motor: other than saws and drills", "buyer_imports_latest_usd": 638513769.1181023, "current_below_peak_pct": 0, "lane_volatility_cv": 0.5973775908412242, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "SWE", "importer_iso3": "BEL", "hs_code": "840734", "hs_description": "Engines: reciprocating piston engines, of a kind used for the propulsion of vehicles of chapter 87, of a cylinder capacity exceeding 1000cc", "buyer_imports_latest_usd": 341253982.9787388, "current_below_peak_pct": 40.104549098922924, "lane_volatility_cv": 0.31739903585234397, "attention_level": "High attention", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "SWE", "importer_iso3": "BEL", "hs_code": "870850", "hs_description": "Vehicle parts: drive-axles with differential, whether or not provided with other transmission components, and non-driving axles: parts thereof", "buyer_imports_latest_usd": 538921972.8380156, "current_below_peak_pct": 21.230939163003505, "lane_volatility_cv": 0.3059942385150838, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market" ] }, { "exporter_iso3": "SWE", "importer_iso3": "BEL", "hs_code": "842710", "hs_description": "Fork-lift and other works trucks: fitted with lifting or handling equipment, self-propelled by electric motor", "buyer_imports_latest_usd": 631693455.590126, "current_below_peak_pct": 0, "lane_volatility_cv": 0.4759904164154476, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "SWE", "importer_iso3": "BEL", "hs_code": "870840", "hs_description": "Vehicles: parts, gear boxes", "buyer_imports_latest_usd": 793388503.3030326, "current_below_peak_pct": 35.729506350953045, "lane_volatility_cv": 0.40709131329385, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] } ], "accessProfile": { "year": 2024, "exporter_iso3": "SWE", "importer_iso3": "BEL", "distance_km": 1283, "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": 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": 627437.8988869999, "exporter_gdp_per_capita_usd": 60238.98656446434, "avg_applied_tariff_pct": 3.752397506868687, "avg_mfn_tariff_pct": 3.752397506868687, "avg_preferential_tariff_pct": 0, "tariff_advantage_pp": 3.752397506868687 }, "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/SWE-BEL/risk", "html": "https://www.yugalinks.com/trade/corridor/SWE-BEL/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/SWE-BEL/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/SWE-BEL/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/SWE-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" } }