{
  "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/040620",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/040620",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/040620",
    "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": "040620",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 135,
    "current_lane_count": 89,
    "active_market_count": 89,
    "exports_latest_observed_lanes_usd": 193352593.5533189,
    "exports_current_2024_usd": 193134909.75197202,
    "exports_avg_3y_usd": 195378980.33181655,
    "exports_avg_5y_usd": 179543415.13878775,
    "exports_avg_10y_usd": 140639427.61144727,
    "exports_cagr_3y_pct": 3.08002171077455,
    "exports_cagr_5y_pct": 9.573209046868891,
    "exports_cagr_10y_pct": 8.056516641005306,
    "exports_all_year_lane_avg_usd": 84570245.0975678,
    "exports_historical_lane_peak_usd": 244616904.89280352,
    "historical_peak_year": 2023,
    "positive_growth_year_share_pct": 84,
    "trend_acceleration_pct": -4.976494930230756,
    "trend_label": "Growing",
    "top_market_iso3": "FRA",
    "top_market_exports_usd": 94366991.50548199,
    "top_market_share_pct": 48.80565073954354,
    "destination_hhi": 2762.2413248778475,
    "weighted_share_latest_pct": 15.357413681771945,
    "weighted_share_change_1y_pp": -2.141159502339739,
    "weighted_volatility_cv": 0.851492968429538,
    "weighted_max_drawdown_pct": 49.959393201957596,
    "limited_history_lane_share_pct": 33.333333333333336,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 40620,
      "hs_description": "Dairy produce: cheese of all kinds, grated or powdered",
      "hs_chapter": 4,
      "hs_heading": 406,
      "substitution_elasticity": -15.583771,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Dairy produce: cheese of all kinds, grated or powdered",
    "hs_chapter": 4,
    "hs_heading": 406,
    "destinations": [
      {
        "hs_code": 40620,
        "corridor_rank": 8,
        "exporter_iso3": "BEL",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 94366991.50548199,
        "exports_all_year_avg_usd": 36138530.989999056,
        "exports_avg_3y_usd": 93485716.1339628,
        "exports_avg_5y_usd": 83891935.79819472,
        "exports_avg_10y_usd": 65378939.14631482,
        "exports_cagr_3y_pct": 8.382122745944521,
        "exports_cagr_5y_pct": 11.2887070036493,
        "exports_cagr_10y_pct": 9.384831184789387,
        "exports_historical_peak_usd": 95329245.49304856,
        "buyer_imports_latest_observed_usd": 480324963.54577315,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 72,
        "trend_acceleration_pct": -1.0027084388448664,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": 8.1883,
        "buyer_yoy_all_avg_pct": 12.3716,
        "buyer_trend_consistency_pct": 82.7586,
        "market_share_latest_pct": 19.646489078739947,
        "market_share_change_1y_pp": -1.8254597537217627,
        "peer_best_share_pct": 46.780294328575636,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 29,
        "buyer_market_hhi": 2895.07,
        "distance_km": 262.384521484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.7812349095833452,
        "max_drawdown_pct": 34.4474995668784,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 40620,
        "corridor_rank": 25,
        "exporter_iso3": "BEL",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 29834541.535575982,
        "exports_all_year_avg_usd": 18295548.32687744,
        "exports_avg_3y_usd": 37098055.33003354,
        "exports_avg_5y_usd": 37293915.74599091,
        "exports_avg_10y_usd": 29308965.592020165,
        "exports_cagr_3y_pct": -12.420182464695106,
        "exports_cagr_5y_pct": 2.7817552921109545,
        "exports_cagr_10y_pct": 1.6488433314637119,
        "exports_historical_peak_usd": 45659652.222341895,
        "buyer_imports_latest_observed_usd": 215321003.3160481,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 60,
        "trend_acceleration_pct": -14.069025796158819,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 38.8129,
        "buyer_yoy_all_avg_pct": 16.6947,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 13.855843636296298,
        "market_share_change_1y_pp": -9.223634668685476,
        "peer_best_share_pct": 45.66353230005079,
        "peer_top_exporter": "IRL",
        "supplier_count_latest": 37,
        "buyer_market_hhi": 2601.88,
        "distance_km": 173.03326416015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.7374687195474801,
        "max_drawdown_pct": 62.0193483228093,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 40620,
        "corridor_rank": 51,
        "exporter_iso3": "BEL",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 15920479.72881046,
        "exports_all_year_avg_usd": 5064502.90060394,
        "exports_avg_3y_usd": 13031498.745448707,
        "exports_avg_5y_usd": 10662712.948844584,
        "exports_avg_10y_usd": 9100211.704025397,
        "exports_cagr_3y_pct": 33.45503895272901,
        "exports_cagr_5y_pct": 15.14228695154458,
        "exports_cagr_10y_pct": 13.179720319868228,
        "exports_historical_peak_usd": 15920479.72881046,
        "buyer_imports_latest_observed_usd": 501967856.2682546,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 68,
        "trend_acceleration_pct": 20.275318632860785,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -7.6353,
        "buyer_yoy_all_avg_pct": 6.9819,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 3.1716133871931564,
        "market_share_change_1y_pp": 0.6991221605328763,
        "peer_best_share_pct": 44.7843750373828,
        "peer_top_exporter": "NLD",
        "supplier_count_latest": 38,
        "buyer_market_hhi": 3342.33,
        "distance_km": 196.8760986328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.752951153778738,
        "max_drawdown_pct": 56.525471851277665,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 40620,
        "corridor_rank": 78,
        "exporter_iso3": "BEL",
        "importer_iso3": "AUT",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 10001901.57265102,
        "exports_all_year_avg_usd": 1748992.6547004404,
        "exports_avg_3y_usd": 8266102.8095545955,
        "exports_avg_5y_usd": 6796132.984806453,
        "exports_avg_10y_usd": 4286321.533683496,
        "exports_cagr_3y_pct": 21.354208622328375,
        "exports_cagr_5y_pct": 19.370992965102495,
        "exports_cagr_10y_pct": 39.48819512023445,
        "exports_historical_peak_usd": 10001901.57265102,
        "buyer_imports_latest_observed_usd": 69840283.28440183,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 64,
        "trend_acceleration_pct": -18.133986497906076,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -0.9904,
        "buyer_yoy_all_avg_pct": 11.3183,
        "buyer_trend_consistency_pct": 72.4138,
        "market_share_latest_pct": 14.321106820144939,
        "market_share_change_1y_pp": 1.8438726318110348,
        "peer_best_share_pct": 44.04895259315963,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 29,
        "buyer_market_hhi": 3026.36,
        "distance_km": 914.4633178710938,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.049626967501010096,
        "tariff_advantage_pp": 0.049626967501010096,
        "volatility_cv": 1.5982515970405786,
        "max_drawdown_pct": 87.07181183472123,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 40620,
        "corridor_rank": 90,
        "exporter_iso3": "BEL",
        "importer_iso3": "ESP",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 7978548.054023954,
        "exports_all_year_avg_usd": 3579551.904708237,
        "exports_avg_3y_usd": 9279418.569092633,
        "exports_avg_5y_usd": 9187107.456057766,
        "exports_avg_10y_usd": 6448956.542717322,
        "exports_cagr_3y_pct": -15.879557520424935,
        "exports_cagr_5y_pct": 13.734559413592695,
        "exports_cagr_10y_pct": 10.08673212903557,
        "exports_historical_peak_usd": 13403530.896603689,
        "buyer_imports_latest_observed_usd": 156927195.83866894,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 64,
        "trend_acceleration_pct": -25.966289649460506,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -12.5099,
        "buyer_yoy_all_avg_pct": 8.973,
        "buyer_trend_consistency_pct": 72.4138,
        "market_share_latest_pct": 5.084235406988603,
        "market_share_change_1y_pp": -1.2310632772447887,
        "peer_best_share_pct": 30.546285996191198,
        "peer_top_exporter": "FRA",
        "supplier_count_latest": 25,
        "buyer_market_hhi": 2146.41,
        "distance_km": 1316.64013671875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.9226209932741789,
        "max_drawdown_pct": 70.72708273529662,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 40620,
      "num_markets": 111,
      "highest_price_importer_iso3": "KOR",
      "highest_price_usd_per_ton": 39364.806866952786,
      "lowest_price_importer_iso3": "KOR",
      "lowest_price_usd_per_ton": 297.6190476190476,
      "median_price_across_markets": 5384.753593429158,
      "price_spread_pct": 725.5148660285249,
      "avg_quantity_metric_tons": 431.7476335227274,
      "total_trade_value_usd": 744596973
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 63938480.66969507,
        "active_destinations": 47,
        "yoy_growth_pct": 17.857324661022407
      },
      {
        "year": 2011,
        "export_value_usd": 81106409.0496779,
        "active_destinations": 54,
        "yoy_growth_pct": 26.850698046254806
      },
      {
        "year": 2012,
        "export_value_usd": 85867864.49644333,
        "active_destinations": 49,
        "yoy_growth_pct": 5.870627861047372
      },
      {
        "year": 2013,
        "export_value_usd": 82527455.5932748,
        "active_destinations": 46,
        "yoy_growth_pct": -3.8901734924441844
      },
      {
        "year": 2014,
        "export_value_usd": 88992037.01957831,
        "active_destinations": 41,
        "yoy_growth_pct": 7.833249407522396
      },
      {
        "year": 2015,
        "export_value_usd": 78036547.49511606,
        "active_destinations": 54,
        "yoy_growth_pct": -12.310640245319968
      },
      {
        "year": 2016,
        "export_value_usd": 84012315.9276495,
        "active_destinations": 68,
        "yoy_growth_pct": 7.6576535281849045
      },
      {
        "year": 2017,
        "export_value_usd": 103373551.78114389,
        "active_destinations": 66,
        "yoy_growth_pct": 23.045711381374225
      },
      {
        "year": 2018,
        "export_value_usd": 120979445.98458618,
        "active_destinations": 70,
        "yoy_growth_pct": 17.031333353734816
      },
      {
        "year": 2019,
        "export_value_usd": 122275339.23203811,
        "active_destinations": 69,
        "yoy_growth_pct": 1.0711681119923786
      },
      {
        "year": 2020,
        "export_value_usd": 135245640.28975654,
        "active_destinations": 74,
        "yoy_growth_pct": 10.60745456866416
      },
      {
        "year": 2021,
        "export_value_usd": 176334494.40873265,
        "active_destinations": 78,
        "yoy_growth_pct": 30.38090842037159
      },
      {
        "year": 2022,
        "export_value_usd": 192885600.52493098,
        "active_destinations": 76,
        "yoy_growth_pct": 9.3861987535087
      },
      {
        "year": 2023,
        "export_value_usd": 200116430.71854663,
        "active_destinations": 84,
        "yoy_growth_pct": 3.7487661981699048
      },
      {
        "year": 2024,
        "export_value_usd": 193134909.75197208,
        "active_destinations": 89,
        "yoy_growth_pct": -3.488729506870776
      }
    ],
    "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": "040620",
    "hs_description": "Dairy produce: cheese of all kinds, grated or powdered",
    "hs_chapter": 4,
    "hs_heading": 406
  },
  "destinations": [
    {
      "hs_code": 40620,
      "corridor_rank": 8,
      "exporter_iso3": "BEL",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 94366991.50548199,
      "exports_all_year_avg_usd": 36138530.989999056,
      "exports_avg_3y_usd": 93485716.1339628,
      "exports_avg_5y_usd": 83891935.79819472,
      "exports_avg_10y_usd": 65378939.14631482,
      "exports_cagr_3y_pct": 8.382122745944521,
      "exports_cagr_5y_pct": 11.2887070036493,
      "exports_cagr_10y_pct": 9.384831184789387,
      "exports_historical_peak_usd": 95329245.49304856,
      "buyer_imports_latest_observed_usd": 480324963.54577315,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 72,
      "trend_acceleration_pct": -1.0027084388448664,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": 8.1883,
      "buyer_yoy_all_avg_pct": 12.3716,
      "buyer_trend_consistency_pct": 82.7586,
      "market_share_latest_pct": 19.646489078739947,
      "market_share_change_1y_pp": -1.8254597537217627,
      "peer_best_share_pct": 46.780294328575636,
      "peer_top_exporter": "ITA",
      "supplier_count_latest": 29,
      "buyer_market_hhi": 2895.07,
      "distance_km": 262.384521484375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.7812349095833452,
      "max_drawdown_pct": 34.4474995668784,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 40620,
      "corridor_rank": 25,
      "exporter_iso3": "BEL",
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