{
  "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/040690",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/040690",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/040690",
    "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": "040690",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 171,
    "current_lane_count": 132,
    "active_market_count": 132,
    "exports_latest_observed_lanes_usd": 487005593.9735024,
    "exports_current_2024_usd": 486506087.294559,
    "exports_avg_3y_usd": 446063284.7175471,
    "exports_avg_5y_usd": 429135702.5271731,
    "exports_avg_10y_usd": 394665419.9372089,
    "exports_cagr_3y_pct": 5.164308416833996,
    "exports_cagr_5y_pct": 3.9190263345410425,
    "exports_cagr_10y_pct": 0.5562663736679907,
    "exports_all_year_lane_avg_usd": 339410661.409702,
    "exports_historical_lane_peak_usd": 654104781.8385451,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 80,
    "trend_acceleration_pct": 4.608042043166005,
    "trend_label": "Growing",
    "top_market_iso3": "NLD",
    "top_market_exports_usd": 160986014.20576456,
    "top_market_share_pct": 33.056296723877814,
    "destination_hhi": 1720.598125217207,
    "weighted_share_latest_pct": 6.4536144834811715,
    "weighted_share_change_1y_pp": -0.15417850995020513,
    "weighted_volatility_cv": 0.4920973762051082,
    "weighted_max_drawdown_pct": 49.61468612848524,
    "limited_history_lane_share_pct": 20.46783625730994,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 40690,
      "hs_description": "Dairy produce: cheese (not grated, powdered or processed), n.e.c. in heading no. 0406",
      "hs_chapter": 4,
      "hs_heading": 406,
      "substitution_elasticity": -4.8586106,
      "price_range_label": "Medium price range",
      "trade_type_label": "Two-way vertical trade"
    },
    "hs_description": "Dairy produce: cheese (not grated, powdered or processed), n.e.c. in heading no. 0406",
    "hs_chapter": 4,
    "hs_heading": 406,
    "destinations": [
      {
        "hs_code": 40690,
        "corridor_rank": 33,
        "exporter_iso3": "BEL",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 160986014.20576456,
        "exports_all_year_avg_usd": 115341906.58875497,
        "exports_avg_3y_usd": 157782426.49324897,
        "exports_avg_5y_usd": 163194584.06785956,
        "exports_avg_10y_usd": 163194690.9434112,
        "exports_cagr_3y_pct": -0.6164068315238747,
        "exports_cagr_5y_pct": -2.3643379305785195,
        "exports_cagr_10y_pct": 0.8662393595726625,
        "exports_historical_peak_usd": 188837013.2637118,
        "buyer_imports_latest_observed_usd": 1186916116.8555,
        "historical_peak_year": 2018,
        "positive_growth_year_share_pct": 60,
        "trend_acceleration_pct": -1.4826461910965372,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 4.7851,
        "buyer_yoy_all_avg_pct": 6.4565,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 13.56338598150181,
        "market_share_change_1y_pp": -1.3388634048325745,
        "peer_best_share_pct": 28.851538366616058,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 49,
        "buyer_market_hhi": 1690.95,
        "distance_km": 173.03326416015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.4020418711207452,
        "max_drawdown_pct": 23.976036334324714,
        "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"
      },
      {
        "hs_code": 40690,
        "corridor_rank": 62,
        "exporter_iso3": "BEL",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 86228881.04980905,
        "exports_all_year_avg_usd": 45737975.14621182,
        "exports_avg_3y_usd": 75636747.26116602,
        "exports_avg_5y_usd": 62454218.41696354,
        "exports_avg_10y_usd": 52056279.6685548,
        "exports_cagr_3y_pct": 24.03821314735548,
        "exports_cagr_5y_pct": 15.941629091883014,
        "exports_cagr_10y_pct": 0.7254581400286675,
        "exports_historical_peak_usd": 86228881.04980905,
        "buyer_imports_latest_observed_usd": 4389555758.450911,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 72,
        "trend_acceleration_pct": 23.312755007326814,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 1.2543,
        "buyer_yoy_all_avg_pct": 3.1867,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 1.9644101999114267,
        "market_share_change_1y_pp": 0.10893613384531298,
        "peer_best_share_pct": 32.96936910895648,
        "peer_top_exporter": "NLD",
        "supplier_count_latest": 53,
        "buyer_market_hhi": 1696.32,
        "distance_km": 196.8760986328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.3748640864012356,
        "max_drawdown_pct": 54.571761331130396,
        "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"
      },
      {
        "hs_code": 40690,
        "corridor_rank": 78,
        "exporter_iso3": "BEL",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 71869597.34426992,
        "exports_all_year_avg_usd": 43209406.696059026,
        "exports_avg_3y_usd": 47856411.52169981,
        "exports_avg_5y_usd": 49614077.946173415,
        "exports_avg_10y_usd": 50131805.910176605,
        "exports_cagr_3y_pct": 17.91499632527036,
        "exports_cagr_5y_pct": 2.14061385362061,
        "exports_cagr_10y_pct": 3.1679008845181045,
        "exports_historical_peak_usd": 71869597.34426992,
        "buyer_imports_latest_observed_usd": 1490400673.3189445,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 60,
        "trend_acceleration_pct": 14.747095440752254,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 4.0348,
        "buyer_yoy_all_avg_pct": 4.4324,
        "buyer_trend_consistency_pct": 75.8621,
        "market_share_latest_pct": 4.822166188654822,
        "market_share_change_1y_pp": 2.1785221942676984,
        "peer_best_share_pct": 27.30397491170246,
        "peer_top_exporter": "NLD",
        "supplier_count_latest": 59,
        "buyer_market_hhi": 1525.26,
        "distance_km": 262.384521484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.3075096910683367,
        "max_drawdown_pct": 47.67506209126751,
        "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": 40690,
      "num_markets": 149,
      "highest_price_importer_iso3": "BOL",
      "highest_price_usd_per_ton": 737500,
      "lowest_price_importer_iso3": "LKA",
      "lowest_price_usd_per_ton": 166.66666666666666,
      "median_price_across_markets": 5600.789051904821,
      "price_spread_pct": 13164.811716709226,
      "avg_quantity_metric_tons": 753.3030620300749,
      "total_trade_value_usd": 2137407359
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 320413248.62826157,
        "active_destinations": 90,
        "yoy_growth_pct": 3.9508150424552433
      },
      {
        "year": 2011,
        "export_value_usd": 386804058.6731328,
        "active_destinations": 90,
        "yoy_growth_pct": 20.720369812765384
      },
      {
        "year": 2012,
        "export_value_usd": 363413292.74509764,
        "active_destinations": 98,
        "yoy_growth_pct": -6.047187304154276
      },
      {
        "year": 2013,
        "export_value_usd": 417454655.5351423,
        "active_destinations": 92,
        "yoy_growth_pct": 14.870496998564638
      },
      {
        "year": 2014,
        "export_value_usd": 460253268.36597365,
        "active_destinations": 106,
        "yoy_growth_pct": 10.25227824467955
      },
      {
        "year": 2015,
        "export_value_usd": 316412715.9355797,
        "active_destinations": 106,
        "yoy_growth_pct": -31.252478215107015
      },
      {
        "year": 2016,
        "export_value_usd": 322281627.8443714,
        "active_destinations": 110,
        "yoy_growth_pct": 1.854828081557426
      },
      {
        "year": 2017,
        "export_value_usd": 366824029.79938823,
        "active_destinations": 111,
        "yoy_growth_pct": 13.82095599210707
      },
      {
        "year": 2018,
        "export_value_usd": 394024440.02739644,
        "active_destinations": 107,
        "yoy_growth_pct": 7.415111339048261
      },
      {
        "year": 2019,
        "export_value_usd": 401432873.129488,
        "active_destinations": 105,
        "yoy_growth_pct": 1.8801963405052853
      },
      {
        "year": 2020,
        "export_value_usd": 389193181.9176103,
        "active_destinations": 108,
        "yoy_growth_pct": -3.0490007249430255
      },
      {
        "year": 2021,
        "export_value_usd": 418295476.5656142,
        "active_destinations": 112,
        "yoy_growth_pct": 7.477596217028465
      },
      {
        "year": 2022,
        "export_value_usd": 387472014.2785423,
        "active_destinations": 117,
        "yoy_growth_pct": -7.368825152054195
      },
      {
        "year": 2023,
        "export_value_usd": 464211752.5795398,
        "active_destinations": 115,
        "yoy_growth_pct": 19.805233790596176
      },
      {
        "year": 2024,
        "export_value_usd": 486506087.294559,
        "active_destinations": 132,
        "yoy_growth_pct": 4.802621775759378
      }
    ],
    "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": "040690",
    "hs_description": "Dairy produce: cheese (not grated, powdered or processed), n.e.c. in heading no. 0406",
    "hs_chapter": 4,
    "hs_heading": 406
  },
  "destinations": [
    {
      "hs_code": 40690,
      "corridor_rank": 33,
      "exporter_iso3": "BEL",
      "importer_iso3": "NLD",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 160986014.20576456,
      "exports_all_year_avg_usd": 115341906.58875497,
      "exports_avg_3y_usd": 157782426.49324897,
      "exports_avg_5y_usd": 163194584.06785956,
      "exports_avg_10y_usd": 163194690.9434112,
      "exports_cagr_3y_pct": -0.6164068315238747,
      "exports_cagr_5y_pct": -2.3643379305785195,
      "exports_cagr_10y_pct": 0.8662393595726625,
      "exports_historical_peak_usd": 188837013.2637118,
      "buyer_imports_latest_observed_usd": 1186916116.8555,
      "historical_peak_year": 2018,
      "positive_growth_year_share_pct": 60,
      "trend_acceleration_pct": -1.4826461910965372,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": 4.7851,
      "buyer_yoy_all_avg_pct": 6.4565,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 13.56338598150181,
      "market_share_change_1y_pp": -1.3388634048325745,
      "peer_best_share_pct": 28.851538366616058,
      "peer_top_exporter": "DEU",
      "supplier_count_latest": 49,
      "buyer_market_hhi": 1690.95,
      "distance_km": 173.03326416015625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.4020418711207452,
      "max_drawdown_pct": 23.976036334324714,
      "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"
    },
    {
      "hs_code": 40690,
      "corridor_rank": 62,
      "exporter_iso3": "BEL",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 86228881.04980905,
      "exports_all_year_avg_usd": 45737975.14621182,
      "exports_avg_3y_usd": 75636747.26116602,
      "exports_avg_5y_usd": 62454218.41696354,
      "exports_avg_10y_usd": 52056279.6685548,
      "exports_cagr_3y_pct": 24.03821314735548,
      "exports_cagr_5y_pct": 15.941629091883014,
      "exports_cagr_10y_pct": 0.7254581400286675,
      "exports_historical_peak_usd": 86228881.04980905,
      "buyer_imports_latest_observed_usd": 4389555758.450911,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 72,
      "trend_acceleration_pct": 23.312755007326814,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 1.2543,
      "buyer_yoy_all_avg_pct": 3.1867,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 1.9644101999114267,
      "market_share_change_1y_pp": 0.10893613384531298,
      "peer_best_share_pct": 32.96936910895648,
      "peer_top_exporter": "NLD",
      "supplier_count_latest": 53,
      "buyer_market_hhi": 1696.32,
      "distance_km": 196.8760986328125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.3748640864012356,
      "max_drawdown_pct": 54.571761331130396,
      "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"
    },
    {
      "hs_code": 40690,
      "corridor_rank": 78,
      "exporter_iso3": "BEL",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 71869597.34426992,
      "exports_all_year_avg_usd": 43209406.696059026,
      "exports_avg_3y_usd": 47856411.52169981,
      "exports_avg_5y_usd": 49614077.946173415,
      "exports_avg_10y_usd": 50131805.910176605,
      "exports_cagr_3y_pct": 17.91499632527036,
      "exports_cagr_5y_pct": 2.14061385362061,
      "exports_cagr_10y_pct": 3.1679008845181045,
      "exports_historical_peak_usd": 71869597.34426992,
      "buyer_imports_latest_observed_usd": 1490400673.3189445,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 60,
      "trend_acceleration_pct": 14.747095440752254,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 4.0348,
      "buyer_yoy_all_avg_pct": 4.4324,
      "buyer_trend_consistency_pct": 75.8621,
      "market_share_latest_pct": 4.822166188654822,
      "market_share_change_1y_pp": 2.1785221942676984,
      "peer_best_share_pct": 27.30397491170246,
      "peer_top_exporter": "NLD",
      "supplier_count_latest": 59,
      "buyer_market_hhi": 1525.26,
      "distance_km": 262.384521484375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.3075096910683367,
      "max_drawdown_pct": 47.67506209126751,
      "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"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 40690,
    "num_markets": 149,
    "highest_price_importer_iso3": "BOL",
    "highest_price_usd_per_ton": 737500,
    "lowest_price_importer_iso3": "LKA",
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