{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/bel/040490",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/040490",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/040490",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.",
    "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.",
    "destinations": "Destination rows are ranked by latest observed exporter-lane value.",
    "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.",
    "missingData": "Missing values are shown as Not reported and are not imputed."
  },
  "exporter": {
    "hs_code": "040490",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 127,
    "current_lane_count": 52,
    "active_market_count": 52,
    "exports_latest_observed_lanes_usd": 35752986.908132784,
    "exports_current_2024_usd": 33419618.413707476,
    "exports_avg_3y_usd": 35390779.66849556,
    "exports_avg_5y_usd": 34872214.79224314,
    "exports_avg_10y_usd": 30973245.058342844,
    "exports_cagr_3y_pct": -1.6477067356866715,
    "exports_cagr_5y_pct": -0.10218239793140516,
    "exports_cagr_10y_pct": 5.8774952714795825,
    "exports_all_year_lane_avg_usd": 23665192.668167856,
    "exports_historical_lane_peak_usd": 75397551.01544078,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 60,
    "trend_acceleration_pct": -7.5252020071662535,
    "trend_label": "Stable",
    "top_market_iso3": "GBR",
    "top_market_exports_usd": 8650433.85363869,
    "top_market_share_pct": 24.194996283432094,
    "destination_hhi": 1402.5486892845256,
    "weighted_share_latest_pct": 15.38704526447914,
    "weighted_share_change_1y_pp": 1.3441377771548186,
    "weighted_volatility_cv": 1.2393963273381874,
    "weighted_max_drawdown_pct": 91.36860453891174,
    "limited_history_lane_share_pct": 50.39370078740158,
    "data_freshness_years": 0,
    "coverage_score": 90,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 40490,
      "hs_description": "Dairy produce: natural milk constituents (excluding whey), whether or not containing added sugar or other sweetening matter, n.e.c. in chapter 04",
      "hs_chapter": 4,
      "hs_heading": 404,
      "substitution_elasticity": -3.7157102,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Dairy produce: natural milk constituents (excluding whey), whether or not containing added sugar or other sweetening matter, n.e.c. in chapter 04",
    "hs_chapter": 4,
    "hs_heading": 404,
    "destinations": [
      {
        "hs_code": 40490,
        "corridor_rank": 37,
        "exporter_iso3": "BEL",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 24,
        "exports_latest_observed_usd": 8650433.85363869,
        "exports_all_year_avg_usd": 1116864.7446264157,
        "exports_avg_3y_usd": 7454698.718909512,
        "exports_avg_5y_usd": 4804162.936151535,
        "exports_avg_10y_usd": 2546326.299864075,
        "exports_cagr_3y_pct": 85.26038116695717,
        "exports_cagr_5y_pct": 86.20241134086449,
        "exports_cagr_10y_pct": 90.38032461143351,
        "exports_historical_peak_usd": 9391583.37654107,
        "buyer_imports_latest_observed_usd": 34661438.23739816,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 47.82608695652174,
        "trend_acceleration_pct": -5.119943444476334,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -0.8556,
        "buyer_yoy_all_avg_pct": 9.2375,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 24.956938585154415,
        "market_share_change_1y_pp": -1.906414309755462,
        "peer_best_share_pct": 24.95693858515442,
        "peer_top_exporter": "BEL",
        "supplier_count_latest": 27,
        "buyer_market_hhi": 1626.03,
        "distance_km": 323.77960205078125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 2.2739702776335595,
        "max_drawdown_pct": 99.9999983701298,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 40490,
        "corridor_rank": 47,
        "exporter_iso3": "BEL",
        "importer_iso3": "POL",
        "latest_data_year": 2024,
        "lane_data_years": 17,
        "exports_latest_observed_usd": 7152881.827255048,
        "exports_all_year_avg_usd": 2451706.1943076537,
        "exports_avg_3y_usd": 4399295.749461397,
        "exports_avg_5y_usd": 4508098.78289081,
        "exports_avg_10y_usd": 4090338.381828749,
        "exports_cagr_3y_pct": 12.727791706891335,
        "exports_cagr_5y_pct": 6.264131507393178,
        "exports_cagr_10y_pct": 46.86138488255025,
        "exports_historical_peak_usd": 7152881.827255048,
        "buyer_imports_latest_observed_usd": 38625977.74554215,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 50,
        "trend_acceleration_pct": -34.133593175658916,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 18.7694,
        "buyer_yoy_all_avg_pct": 455.548,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 18.518319133243345,
        "market_share_change_1y_pp": 9.324815862175583,
        "peer_best_share_pct": 26.141831124082614,
        "peer_top_exporter": "FRA",
        "supplier_count_latest": 25,
        "buyer_market_hhi": 1752.45,
        "distance_km": 1160.6441650390625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.08183472355387879,
        "tariff_advantage_pp": 0.046077346169494965,
        "volatility_cv": 0.9006527719301933,
        "max_drawdown_pct": 99.70975327348181,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 40490,
        "corridor_rank": 66,
        "exporter_iso3": "BEL",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 4641430.161302163,
        "exports_all_year_avg_usd": 4877224.366174834,
        "exports_avg_3y_usd": 6490483.806475709,
        "exports_avg_5y_usd": 6502743.3844021885,
        "exports_avg_10y_usd": 6282337.012023235,
        "exports_cagr_3y_pct": -7.668164805431665,
        "exports_cagr_5y_pct": -7.351986320086057,
        "exports_cagr_10y_pct": 7.703981854247455,
        "exports_historical_peak_usd": 11031466.171250146,
        "buyer_imports_latest_observed_usd": 92540942.55335926,
        "historical_peak_year": 2012,
        "positive_growth_year_share_pct": 52,
        "trend_acceleration_pct": -15.372146659679121,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -2.857,
        "buyer_yoy_all_avg_pct": 13.5482,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 5.015542346163058,
        "market_share_change_1y_pp": -2.4031388747038953,
        "peer_best_share_pct": 35.19744015415348,
        "peer_top_exporter": "NZL",
        "supplier_count_latest": 36,
        "buyer_market_hhi": 2019.03,
        "distance_km": 173.03326416015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.492741504951142,
        "max_drawdown_pct": 82.49415588072358,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 40490,
        "corridor_rank": 71,
        "exporter_iso3": "BEL",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 4392894.313229036,
        "exports_all_year_avg_usd": 4809077.551399555,
        "exports_avg_3y_usd": 8034447.351572704,
        "exports_avg_5y_usd": 10189352.963583136,
        "exports_avg_10y_usd": 9940453.001770023,
        "exports_cagr_3y_pct": -30.775243347222826,
        "exports_cagr_5y_pct": -17.785710429389834,
        "exports_cagr_10y_pct": -7.698102511911764,
        "exports_historical_peak_usd": 13601030.702245027,
        "buyer_imports_latest_observed_usd": 29071259.139449336,
        "historical_peak_year": 2020,
        "positive_growth_year_share_pct": 52,
        "trend_acceleration_pct": -23.077140835311063,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 11.9741,
        "buyer_yoy_all_avg_pct": 8.2622,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 15.110781036889911,
        "market_share_change_1y_pp": -13.235413552546248,
        "peer_best_share_pct": 22.857418165963903,
        "peer_top_exporter": "LTU",
        "supplier_count_latest": 29,
        "buyer_market_hhi": 1596.84,
        "distance_km": 262.384521484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.003432810736374,
        "max_drawdown_pct": 94.04241985899131,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 40490,
        "corridor_rank": 81,
        "exporter_iso3": "BEL",
        "importer_iso3": "MAR",
        "latest_data_year": 2024,
        "lane_data_years": 21,
        "exports_latest_observed_usd": 2937321.3850216526,
        "exports_all_year_avg_usd": 1735572.6423166827,
        "exports_avg_3y_usd": 3370381.5549501185,
        "exports_avg_5y_usd": 3525796.9390616314,
        "exports_avg_10y_usd": 3172084.692259361,
        "exports_cagr_3y_pct": -14.061423209114787,
        "exports_cagr_5y_pct": -6.936575352071461,
        "exports_cagr_10y_pct": 14.221751011990037,
        "exports_historical_peak_usd": 5360532.006970637,
        "buyer_imports_latest_observed_usd": 28389228.231146023,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 60,
        "trend_acceleration_pct": -28.283174221104822,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 34.2028,
        "buyer_yoy_all_avg_pct": 146.7747,
        "buyer_trend_consistency_pct": 62.963,
        "market_share_latest_pct": 10.346605272626244,
        "market_share_change_1y_pp": 1.7747350024140172,
        "peer_best_share_pct": 29.887362193721884,
        "peer_top_exporter": "NLD",
        "supplier_count_latest": 14,
        "buyer_market_hhi": 1588.74,
        "distance_km": 2078.484130859375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.4768519003587878,
        "tariff_advantage_pp": 0.4695611095118484,
        "volatility_cv": 1.0080788410783887,
        "max_drawdown_pct": 95.95669164779456,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 40490,
      "num_markets": 78,
      "highest_price_importer_iso3": "CHE",
      "highest_price_usd_per_ton": 256000,
      "lowest_price_importer_iso3": "DEU",
      "lowest_price_usd_per_ton": 141.4609702335689,
      "median_price_across_markets": 3116.2227602905573,
      "price_spread_pct": 8210.53431385342,
      "avg_quantity_metric_tons": 797.603217777778,
      "total_trade_value_usd": 183613513
    },
    "history": [
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        "year": 2010,
        "export_value_usd": 10698506.988825545,
        "active_destinations": 29,
        "yoy_growth_pct": 66.36892585617996
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      {
        "year": 2011,
        "export_value_usd": 18467249.09341674,
        "active_destinations": 33,
        "yoy_growth_pct": 72.6151986693615
      },
      {
        "year": 2012,
        "export_value_usd": 20670473.497876775,
        "active_destinations": 32,
        "yoy_growth_pct": 11.930441796257826
      },
      {
        "year": 2013,
        "export_value_usd": 14478698.43087058,
        "active_destinations": 33,
        "yoy_growth_pct": -29.954684239053353
      },
      {
        "year": 2014,
        "export_value_usd": 18878387.651206847,
        "active_destinations": 34,
        "yoy_growth_pct": 30.387325499891098
      },
      {
        "year": 2015,
        "export_value_usd": 25100682.330743104,
        "active_destinations": 37,
        "yoy_growth_pct": 32.95988404570388
      },
      {
        "year": 2016,
        "export_value_usd": 25095148.931163758,
        "active_destinations": 31,
        "yoy_growth_pct": -0.022044817373625413
      },
      {
        "year": 2017,
        "export_value_usd": 26703951.930520244,
        "active_destinations": 53,
        "yoy_growth_pct": 6.410812718304435
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      {
        "year": 2018,
        "export_value_usd": 24880705.514690563,
        "active_destinations": 48,
        "yoy_growth_pct": -6.827627688117099
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      {
        "year": 2019,
        "export_value_usd": 33590887.91509509,
        "active_destinations": 54,
        "yoy_growth_pct": 35.00777900072684
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      {
        "year": 2020,
        "export_value_usd": 33061172.504726168,
        "active_destinations": 51,
        "yoy_growth_pct": -1.5769616203889607
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      {
        "year": 2021,
        "export_value_usd": 35127562.45100285,
        "active_destinations": 49,
        "yoy_growth_pct": 6.250201640553699
      },
      {
        "year": 2022,
        "export_value_usd": 39367848.292901576,
        "active_destinations": 43,
        "yoy_growth_pct": 12.071107546426607
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      {
        "year": 2023,
        "export_value_usd": 33384872.29887762,
        "active_destinations": 44,
        "yoy_growth_pct": -15.197620021063605
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      {
        "year": 2024,
        "export_value_usd": 33419618.413707472,
        "active_destinations": 52,
        "yoy_growth_pct": 0.10407742320770035
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    ],
    "economy": {
      "year": 2024,
      "country_iso3": "BEL",
      "exports_usd": 371062360612.1727,
      "imports_usd": 417295840554.2898,
      "trade_balance_usd": -46233479942.117065,
      "yoy_exports_growth_pct": -8.340224850282263,
      "yoy_imports_growth_pct": -8.615124209891334,
      "exports_cagr_3y_pct": -3.1736704188207066,
      "imports_cagr_3y_pct": -0.6895804199903433,
      "export_partner_hhi": 776.9307931013719,
      "export_product_hhi": 117.82828237113881,
      "momentum_score": -6.790258520843796,
      "risk_score": 4.473795377362554,
      "gdp_million_usd": 671370.0816364061,
      "gdp_per_capita_usd": 56614.56794990358,
      "population": 11858610,
      "labor_force": 5114.93,
      "investment_rate_pct": 23.69,
      "savings_rate_pct": 24.85,
      "secondary_education_pct": 92.2,
      "tertiary_education_pct": 32.67,
      "total_factor_productivity": 2536.28,
      "trade_openness_pct": 130.56239772942908,
      "exports_gdp_pct": 61.45276530006917,
      "num_active_partners": 270,
      "num_fta_partners": 108,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 5,
      "num_shared_language_partners": 47,
      "avg_partner_distance_km": 6656.576131687243,
      "avg_partner_gdp_million_usd": 533678518.3258193,
      "avg_partner_gdp_per_capita_usd": 15.774186170212769,
      "avg_buyer_biz_entry_days": null,
      "avg_buyer_biz_entry_cost_pct": null,
      "pct_partners_with_fta": 40,
      "pct_partners_shared_language": 17.40740740740741,
      "pct_partners_shared_border": 1.8518518518518516,
      "avg_applied_tariff_pct": 0.12805616369601877,
      "avg_mfn_tariff_pct": 0.13052375531925514,
      "avg_preferential_tariff_pct": 0.024784923491291154,
      "tariff_advantage_pp": 0.10573883182796398,
      "avg_distance_all_partners_km": 6629.935732142248,
      "num_border_partners": 132,
      "num_colonial_partners": 66,
      "avg_substitution_elasticity": -10.86773380919456,
      "pct_products_high_elasticity": 75.91257847012322,
      "pct_products_low_elasticity": 2.6737967914438503,
      "real_market_potential": 1056408.5931701933,
      "foreign_market_potential": 65137.21681860446
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "040490",
    "hs_description": "Dairy produce: natural milk constituents (excluding whey), whether or not containing added sugar or other sweetening matter, n.e.c. in chapter 04",
    "hs_chapter": 4,
    "hs_heading": 404
  },
  "destinations": [
    {
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      "corridor_rank": 37,
      "exporter_iso3": "BEL",
      "importer_iso3": "GBR",
      "latest_data_year": 2024,
      "lane_data_years": 24,
      "exports_latest_observed_usd": 8650433.85363869,
      "exports_all_year_avg_usd": 1116864.7446264157,
      "exports_avg_3y_usd": 7454698.718909512,
      "exports_avg_5y_usd": 4804162.936151535,
      "exports_avg_10y_usd": 2546326.299864075,
      "exports_cagr_3y_pct": 85.26038116695717,
      "exports_cagr_5y_pct": 86.20241134086449,
      "exports_cagr_10y_pct": 90.38032461143351,
      "exports_historical_peak_usd": 9391583.37654107,
      "buyer_imports_latest_observed_usd": 34661438.23739816,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 47.82608695652174,
      "trend_acceleration_pct": -5.119943444476334,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -0.8556,
      "buyer_yoy_all_avg_pct": 9.2375,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 24.956938585154415,
      "market_share_change_1y_pp": -1.906414309755462,
      "peer_best_share_pct": 24.95693858515442,
      "peer_top_exporter": "BEL",
      "supplier_count_latest": 27,
      "buyer_market_hhi": 1626.03,
      "distance_km": 323.77960205078125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 2.2739702776335595,
      "max_drawdown_pct": 99.9999983701298,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility']",
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