{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:04.704Z",
  "seo": {
    "title": "Thailand exports to Belgium: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Thailand 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": "THA",
    "country_name": "Thailand"
  },
  "importer": {
    "iso3": "BEL",
    "country_name": "Belgium"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "THA",
    "importer_iso3": "BEL",
    "all_history_lane_count": 493,
    "current_lane_count": 375,
    "current_product_count": 375,
    "first_observed_last_year": 1999,
    "latest_data_year": 2024,
    "current_trade_usd": 1127358587.9967113,
    "attention_trade_usd": 844334669.7829981,
    "critical_trade_usd": 191585624.84119394,
    "high_volatility_trade_usd": 584382390.5187309,
    "unrecovered_drawdown_trade_usd": 541765657.8745587,
    "declining_demand_trade_usd": 12053473.401286677,
    "concentrated_market_trade_usd": 277329843.27108383,
    "access_friction_trade_usd": 1127358587.9967113,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 3,
    "high_attention_lane_count": 105,
    "high_volatility_lane_count": 182,
    "unrecovered_drawdown_lane_count": 212,
    "declining_demand_lane_count": 12,
    "concentrated_market_lane_count": 91,
    "access_friction_lane_count": 375,
    "trade_weighted_volatility_cv": 1.2041474777311005,
    "trade_weighted_below_peak_pct": 39.0756163005718,
    "product_concentration_hhi": 349.4852448459593,
    "top1_product_share_pct": 12.67295226448806,
    "top3_product_share_pct": 25.56507234875821,
    "top_product_hs6": "871150",
    "top_product_trade_usd": 142869615.70642984,
    "top_product_description": "Motorcycles (including mopeds) and cycles: fitted with auxiliary motor, with reciprocating internal combustion piston engine of a cylinder capacity exceeding 800cc, with or without side-cars: side-cars",
    "top_attention_product_hs6": "871150",
    "top_attention_product_reason": "Current trade remains more than 50% below its historical peak",
    "distance_km": 9260.5419921875,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": null,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 1.92969747339495,
    "avg_mfn_tariff_pct": 5.920413126868687,
    "avg_preferential_tariff_pct": 1.645424610145204,
    "tariff_advantage_pp": 4.274988516723483,
    "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": 74.89495168377262,
    "critical_trade_share_pct": 16.994204584154268,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "declining_buyer_demand",
      "concentrated_buyer_markets",
      "market_access_friction"
    ],
    "attention_level": "Critical attention",
    "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction",
    "buyer_gdp_mn_2024": 599879.025378,
    "buyer_gdp_pc_2024": 51768,
    "buyer_population_2024": 11587.882
  },
  "history": [
    {
      "year": 1999,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 851637713.1286678,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2000,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1097615819.8072658,
      "yoy_growth_pct": 28.882951387268463,
      "cagr_3y_pct": null
    },
    {
      "year": 2001,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1358633444.288766,
      "yoy_growth_pct": 23.780417498659332,
      "cagr_3y_pct": null
    },
    {
      "year": 2002,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1206520586.9370546,
      "yoy_growth_pct": -11.196018910850613,
      "cagr_3y_pct": 12.312117971232261
    },
    {
      "year": 2003,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1121979607.9347193,
      "yoy_growth_pct": -7.00700675294369,
      "cagr_3y_pct": 0.7344922993786973
    },
    {
      "year": 2004,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1073851077.1066709,
      "yoy_growth_pct": -4.2896083393744515,
      "cagr_3y_pct": -7.541413004752473
    },
    {
      "year": 2005,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1212495316.0231588,
      "yoy_growth_pct": 12.91093726795376,
      "cagr_3y_pct": 0.16479602153178785
    },
    {
      "year": 2006,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1334432077.4217265,
      "yoy_growth_pct": 10.056678965037635,
      "cagr_3y_pct": 5.950701490240395
    },
    {
      "year": 2007,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1637279333.633648,
      "yoy_growth_pct": 22.694842347993948,
      "cagr_3y_pct": 15.09582607319353
    },
    {
      "year": 2008,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1630599247.155837,
      "yoy_growth_pct": -0.4079991935759475,
      "cagr_3y_pct": 10.37966101363519
    },
    {
      "year": 2009,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1263876219.6818688,
      "yoy_growth_pct": -22.490077075260682,
      "cagr_3y_pct": -1.7944520612279469
    },
    {
      "year": 2010,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1113165689.7396908,
      "yoy_growth_pct": -11.924469152534057,
      "cagr_3y_pct": -12.068257933055705
    },
    {
      "year": 2011,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1349982524.1594152,
      "yoy_growth_pct": 21.274176576094717,
      "cagr_3y_pct": -6.101143598878056
    },
    {
      "year": 2012,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1419486296.2924623,
      "yoy_growth_pct": 5.148494213013954,
      "cagr_3y_pct": 3.9462646091882103
    },
    {
      "year": 2013,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1344509909.6867452,
      "yoy_growth_pct": -5.28193803642536,
      "cagr_3y_pct": 6.496352112576709
    },
    {
      "year": 2014,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1432796036.3298154,
      "yoy_growth_pct": 6.566416952898457,
      "cagr_3y_pct": 2.004361483769923
    },
    {
      "year": 2015,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1317261847.2878447,
      "yoy_growth_pct": -8.06354750519256,
      "cagr_3y_pct": -2.4605498589340025
    },
    {
      "year": 2016,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1265845344.249683,
      "yoy_growth_pct": -3.9032864380020516,
      "cagr_3y_pct": -1.9895882524576303
    },
    {
      "year": 2017,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1227241004.7884746,
      "yoy_growth_pct": -3.049688466017997,
      "cagr_3y_pct": -5.031007937168674
    },
    {
      "year": 2018,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1265357633.942986,
      "yoy_growth_pct": 3.1058796932132537,
      "cagr_3y_pct": -1.3310760188522064
    },
    {
      "year": 2019,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1291368060.0667229,
      "yoy_growth_pct": 2.0555790257245743,
      "cagr_3y_pct": 0.6676191332835923
    },
    {
      "year": 2020,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1158004919.683625,
      "yoy_growth_pct": -10.327275740133079,
      "cagr_3y_pct": -1.9170508662147534
    },
    {
      "year": 2021,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1529212877.7014823,
      "yoy_growth_pct": 32.05581873687324,
      "cagr_3y_pct": 6.5168265441600814
    },
    {
      "year": 2022,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1636917673.3800437,
      "yoy_growth_pct": 7.043152542662967,
      "cagr_3y_pct": 8.224502737642837
    },
    {
      "year": 2023,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1204435786.031163,
      "yoy_growth_pct": -26.42050326549754,
      "cagr_3y_pct": 1.319043709896106
    },
    {
      "year": 2024,
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "export_value_usd": 1200714657.7217925,
      "yoy_growth_pct": -0.30895198835234616,
      "cagr_3y_pct": -7.744849451909186
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "hs_code": "871150",
      "hs_description": "Motorcycles (including mopeds) and cycles: fitted with auxiliary motor, with reciprocating internal combustion piston engine of a cylinder capacity exceeding 800cc, with or without side-cars: side-cars",
      "buyer_imports_latest_usd": 373487331.19234794,
      "current_below_peak_pct": 54.995869369377615,
      "lane_volatility_cv": 1.209588783996416,
      "attention_level": "Critical attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "hs_code": "710239",
      "hs_description": "Diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set",
      "buyer_imports_latest_usd": 4213743687.264604,
      "current_below_peak_pct": 71.5059462561382,
      "lane_volatility_cv": 0.2930964539700163,
      "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": "THA",
      "importer_iso3": "BEL",
      "hs_code": "382600",
      "hs_description": "Biodiesel and mixtures thereof: not containing or containing less than 70% by weight of petroleum oils or oils obtained from bituminous minerals",
      "buyer_imports_latest_usd": 3230705756.0576024,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 2.817384118469544,
      "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": "THA",
      "importer_iso3": "BEL",
      "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": 358712993.1750618,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.2779363821846834,
      "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": "THA",
      "importer_iso3": "BEL",
      "hs_code": "711620",
      "hs_description": "Stones: precious or semi-precious stones (natural, synthetic or reconstructed) articles of",
      "buyer_imports_latest_usd": 67148795.89296657,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 3.3130201111648794,
      "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": "THA",
      "importer_iso3": "BEL",
      "hs_code": "870421",
      "hs_description": "Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1",
      "buyer_imports_latest_usd": 3055499196.011874,
      "current_below_peak_pct": 59.43232920513064,
      "lane_volatility_cv": 0.4056235447370563,
      "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": "THA",
      "importer_iso3": "BEL",
      "hs_code": "401519",
      "hs_description": "Rubber: vulcanised (other than hard rubber), gloves other than surgical gloves",
      "buyer_imports_latest_usd": 101103390.32539156,
      "current_below_peak_pct": 44.662349590969974,
      "lane_volatility_cv": 0.6205744138566954,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": [
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "hs_code": "854239",
      "hs_description": "Electronic integrated circuits: n.e.c. in heading no. 8542",
      "buyer_imports_latest_usd": 2262822728.0539274,
      "current_below_peak_pct": 75.69457412667182,
      "lane_volatility_cv": 1.8170282899500443,
      "attention_level": "Critical attention",
      "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",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "hs_code": "610990",
      "hs_description": "T-shirts, singlets and other vests: of textile materials (other than cotton), knitted or crocheted",
      "buyer_imports_latest_usd": 258291317.72887188,
      "current_below_peak_pct": 34.00933138945776,
      "lane_volatility_cv": 0.5682109725436041,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": [
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "THA",
      "importer_iso3": "BEL",
      "hs_code": "711719",
      "hs_description": "Jewellery: imitation, (excluding cuff links and studs), of base metal, whether or not plated with precious metal",
      "buyer_imports_latest_usd": 110550479.47735715,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 2.0146620615411113,
      "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": "THA",
    "importer_iso3": "BEL",
    "distance_km": 9264,
    "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": 505981.655622,
    "exporter_gdp_per_capita_usd": 7233.388858353161,
    "avg_applied_tariff_pct": 1.92969747339495,
    "avg_mfn_tariff_pct": 5.920413126868687,
    "avg_preferential_tariff_pct": 1.645424610145204,
    "tariff_advantage_pp": 4.274988516723483
  },
  "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/THA-BEL/risk",
    "html": "https://www.yugalinks.com/trade/corridor/THA-BEL/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/THA-BEL/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/THA-BEL/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/THA-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"
  }
}