{
  "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/151610",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/151610",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/151610",
    "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": "151610",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 79,
    "current_lane_count": 23,
    "active_market_count": 23,
    "exports_latest_observed_lanes_usd": 14863865.855032742,
    "exports_current_2024_usd": 14045510.589311674,
    "exports_avg_3y_usd": 11905713.980327258,
    "exports_avg_5y_usd": 12463545.530553408,
    "exports_avg_10y_usd": 9566546.629188348,
    "exports_cagr_3y_pct": -1.4439556083271077,
    "exports_cagr_5y_pct": 16.309292452649714,
    "exports_cagr_10y_pct": 9.135969946187528,
    "exports_all_year_lane_avg_usd": 8248677.847448916,
    "exports_historical_lane_peak_usd": 30200329.25743432,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 60,
    "trend_acceleration_pct": -10.579925554514634,
    "trend_label": "Stable",
    "top_market_iso3": "NLD",
    "top_market_exports_usd": 11615214.38011623,
    "top_market_share_pct": 78.14396667326923,
    "destination_hhi": 6209.60432618744,
    "weighted_share_latest_pct": 39.735114583252106,
    "weighted_share_change_1y_pp": 35.15684611089227,
    "weighted_volatility_cv": 1.1140098316199842,
    "weighted_max_drawdown_pct": 93.93409258202706,
    "limited_history_lane_share_pct": 62.0253164556962,
    "data_freshness_years": 0,
    "coverage_score": 81.5,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 151610,
      "hs_description": "Animal fats and oils and their fractions: partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared",
      "hs_chapter": 15,
      "hs_heading": 1516,
      "substitution_elasticity": -6.6531529,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Animal fats and oils and their fractions: partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared",
    "hs_chapter": 15,
    "hs_heading": 1516,
    "destinations": [
      {
        "hs_code": 151610,
        "corridor_rank": 6,
        "exporter_iso3": "BEL",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 11615214.38011623,
        "exports_all_year_avg_usd": 3145105.2174469093,
        "exports_avg_3y_usd": 8498270.151512744,
        "exports_avg_5y_usd": 8446451.937399298,
        "exports_avg_10y_usd": 5841331.799449781,
        "exports_cagr_3y_pct": 3.524241191305344,
        "exports_cagr_5y_pct": 35.128324612694996,
        "exports_cagr_10y_pct": 8.684062933764402,
        "exports_historical_peak_usd": 13458264.263512833,
        "buyer_imports_latest_observed_usd": 24562678.71144671,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 52,
        "trend_acceleration_pct": -5.159821742459058,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": 17.4858,
        "buyer_yoy_all_avg_pct": 18.6407,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 47.288060543263555,
        "market_share_change_1y_pp": 45.272788300842564,
        "peer_best_share_pct": 47.28806054326356,
        "peer_top_exporter": "BEL",
        "supplier_count_latest": 39,
        "buyer_market_hhi": 2835.78,
        "distance_km": 173.03326416015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.114396518869552,
        "max_drawdown_pct": 96.86934509042553,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 151610,
        "corridor_rank": 42,
        "exporter_iso3": "BEL",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 1413817.9197035218,
        "exports_all_year_avg_usd": 740910.4952166672,
        "exports_avg_3y_usd": 1425107.1750846372,
        "exports_avg_5y_usd": 1698253.9808549634,
        "exports_avg_10y_usd": 1858156.3650070396,
        "exports_cagr_3y_pct": -5.3097290978737615,
        "exports_cagr_5y_pct": -7.595004924474602,
        "exports_cagr_10y_pct": 48.3959589862027,
        "exports_historical_peak_usd": 2550706.1917012534,
        "buyer_imports_latest_observed_usd": 17867432.83683574,
        "historical_peak_year": 2020,
        "positive_growth_year_share_pct": 56,
        "trend_acceleration_pct": -53.70568808407646,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": 85.8939,
        "buyer_yoy_all_avg_pct": 31.7673,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 7.912820675552091,
        "market_share_change_1y_pp": -7.992389269989118,
        "peer_best_share_pct": 55.513029610972644,
        "peer_top_exporter": "NOR",
        "supplier_count_latest": 20,
        "buyer_market_hhi": 3366.82,
        "distance_km": 323.77960205078125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.275859370299311,
        "max_drawdown_pct": 99.6897275756114,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 151610,
        "corridor_rank": 73,
        "exporter_iso3": "BEL",
        "importer_iso3": "SAU",
        "latest_data_year": 2024,
        "lane_data_years": 10,
        "exports_latest_observed_usd": 354484.92477537354,
        "exports_all_year_avg_usd": 333273.07353620173,
        "exports_avg_3y_usd": 1300181.951818611,
        "exports_avg_5y_usd": 1033934.0272482837,
        "exports_avg_10y_usd": 632122.0130962345,
        "exports_cagr_3y_pct": -10.917282284876329,
        "exports_cagr_5y_pct": 66.84756021653175,
        "exports_cagr_10y_pct": 21.034125015496507,
        "exports_historical_peak_usd": 2245878.9788618484,
        "buyer_imports_latest_observed_usd": 38786267.823938146,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 44.44444444444444,
        "trend_acceleration_pct": -31.951407300372836,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -10.1221,
        "buyer_yoy_all_avg_pct": 39.4996,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 0.9139444052324937,
        "market_share_change_1y_pp": -4.29034139403981,
        "peer_best_share_pct": 79.59790023339028,
        "peer_top_exporter": "NZL",
        "supplier_count_latest": 16,
        "buyer_market_hhi": 6482.15,
        "distance_km": 4636.35205078125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.09920948249898989,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.9718421316418977,
        "max_drawdown_pct": 84.21620540947326,
        "attention_level": "Watch",
        "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']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 151610,
        "corridor_rank": 93,
        "exporter_iso3": "BEL",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 223342.02416838193,
        "exports_all_year_avg_usd": 568560.6954429476,
        "exports_avg_3y_usd": 619897.4304029346,
        "exports_avg_5y_usd": 928932.6049331322,
        "exports_avg_10y_usd": 677543.6362737168,
        "exports_cagr_3y_pct": -50.37539667194706,
        "exports_cagr_5y_pct": -24.06967389620882,
        "exports_cagr_10y_pct": -5.1254257408409165,
        "exports_historical_peak_usd": 1947805.7632766436,
        "buyer_imports_latest_observed_usd": 21474638.09293499,
        "historical_peak_year": 2007,
        "positive_growth_year_share_pct": 52,
        "trend_acceleration_pct": -45.24997093110614,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 3.0989,
        "buyer_yoy_all_avg_pct": 15.471,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 1.040026952732954,
        "market_share_change_1y_pp": 0.49415696707997003,
        "peer_best_share_pct": 34.93242584149447,
        "peer_top_exporter": "GBR",
        "supplier_count_latest": 30,
        "buyer_market_hhi": 2282.28,
        "distance_km": 196.8760986328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.9178286384114446,
        "max_drawdown_pct": 98.28785129057228,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Slowing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 151610,
        "corridor_rank": 99,
        "exporter_iso3": "BEL",
        "importer_iso3": "ESP",
        "latest_data_year": 2024,
        "lane_data_years": 25,
        "exports_latest_observed_usd": 183343.4983301209,
        "exports_all_year_avg_usd": 169085.0746711054,
        "exports_avg_3y_usd": 230261.7755294449,
        "exports_avg_5y_usd": 272368.55165856716,
        "exports_avg_10y_usd": 271091.4781585918,
        "exports_cagr_3y_pct": -0.9895400688533784,
        "exports_cagr_5y_pct": 14.392691159047999,
        "exports_cagr_10y_pct": -1.8216842791758503,
        "exports_historical_peak_usd": 482161.6411723541,
        "buyer_imports_latest_observed_usd": 18026423.02005224,
        "historical_peak_year": 2020,
        "positive_growth_year_share_pct": 58.333333333333336,
        "trend_acceleration_pct": 0.8321442103224719,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 10.1089,
        "buyer_yoy_all_avg_pct": 24.2615,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 1.0170819697627929,
        "market_share_change_1y_pp": 0.021912196857286514,
        "peer_best_share_pct": 41.73906066680938,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 22,
        "buyer_market_hhi": 2297.95,
        "distance_km": 1316.64013671875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.7699480716897094,
        "max_drawdown_pct": 97.78784613351661,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 151610,
      "num_markets": 30,
      "highest_price_importer_iso3": "CHE",
      "highest_price_usd_per_ton": 125920,
      "lowest_price_importer_iso3": "GHA",
      "lowest_price_usd_per_ton": 140,
      "median_price_across_markets": 4477.330165790538,
      "price_spread_pct": 2809.2634526047223,
      "avg_quantity_metric_tons": 233.818,
      "total_trade_value_usd": 30835607
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 3666133.2750995615,
        "active_destinations": 20,
        "yoy_growth_pct": -39.62076457159064
      },
      {
        "year": 2011,
        "export_value_usd": 3895334.894461053,
        "active_destinations": 18,
        "yoy_growth_pct": 6.251862716454763
      },
      {
        "year": 2012,
        "export_value_usd": 5136531.515259512,
        "active_destinations": 23,
        "yoy_growth_pct": 31.863669092056
      },
      {
        "year": 2013,
        "export_value_usd": 3230125.867996054,
        "active_destinations": 20,
        "yoy_growth_pct": -37.1146490895645
      },
      {
        "year": 2014,
        "export_value_usd": 5859470.951862739,
        "active_destinations": 19,
        "yoy_growth_pct": 81.4007005088601
      },
      {
        "year": 2015,
        "export_value_usd": 6433983.253325642,
        "active_destinations": 18,
        "yoy_growth_pct": 9.804849382865596
      },
      {
        "year": 2016,
        "export_value_usd": 6693687.371939499,
        "active_destinations": 20,
        "yoy_growth_pct": 4.036443807646207
      },
      {
        "year": 2017,
        "export_value_usd": 6331109.387741318,
        "active_destinations": 19,
        "yoy_growth_pct": -5.4167152430533045
      },
      {
        "year": 2018,
        "export_value_usd": 7290151.076333514,
        "active_destinations": 21,
        "yoy_growth_pct": 15.148082742799417
      },
      {
        "year": 2019,
        "export_value_usd": 6598807.549776464,
        "active_destinations": 18,
        "yoy_growth_pct": -9.483253766871904
      },
      {
        "year": 2020,
        "export_value_usd": 11928639.099297762,
        "active_destinations": 13,
        "yoy_growth_pct": 80.76961646959757
      },
      {
        "year": 2021,
        "export_value_usd": 14671946.612487499,
        "active_destinations": 14,
        "yoy_growth_pct": 22.99765707012827
      },
      {
        "year": 2022,
        "export_value_usd": 17039350.9976672,
        "active_destinations": 19,
        "yoy_growth_pct": 16.13558478439917
      },
      {
        "year": 2023,
        "export_value_usd": 4632280.354002901,
        "active_destinations": 19,
        "yoy_growth_pct": -72.8142207139398
      },
      {
        "year": 2024,
        "export_value_usd": 14045510.589311674,
        "active_destinations": 23,
        "yoy_growth_pct": 203.2094242131632
      }
    ],
    "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": "151610",
    "hs_description": "Animal fats and oils and their fractions: partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared",
    "hs_chapter": 15,
    "hs_heading": 1516
  },
  "destinations": [
    {
      "hs_code": 151610,
      "corridor_rank": 6,
      "exporter_iso3": "BEL",
      "importer_iso3": "NLD",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 11615214.38011623,
      "exports_all_year_avg_usd": 3145105.2174469093,
      "exports_avg_3y_usd": 8498270.151512744,
      "exports_avg_5y_usd": 8446451.937399298,
      "exports_avg_10y_usd": 5841331.799449781,
      "exports_cagr_3y_pct": 3.524241191305344,
      "exports_cagr_5y_pct": 35.128324612694996,
      "exports_cagr_10y_pct": 8.684062933764402,
      "exports_historical_peak_usd": 13458264.263512833,
      "buyer_imports_latest_observed_usd": 24562678.71144671,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 52,
      "trend_acceleration_pct": -5.159821742459058,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": 17.4858,
      "buyer_yoy_all_avg_pct": 18.6407,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 47.288060543263555,
      "market_share_change_1y_pp": 45.272788300842564,
      "peer_best_share_pct": 47.28806054326356,
      "peer_top_exporter": "BEL",
      "supplier_count_latest": 39,
      "buyer_market_hhi": 2835.78,
      "distance_km": 173.03326416015625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.114396518869552,
      "max_drawdown_pct": 96.86934509042553,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 151610,
      "corridor_rank": 42,
      "exporter_iso3": "BEL",
      "importer_iso3": "GBR",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 1413817.9197035218,
      "exports_all_year_avg_usd": 740910.4952166672,
      "exports_avg_3y_usd": 1425107.1750846372,
      "exports_avg_5y_usd": 1698253.9808549634,
      "exports_avg_10y_usd": 1858156.3650070396,
      "exports_cagr_3y_pct": -5.3097290978737615,
      "exports_cagr_5y_pct": -7.595004924474602,
      "exports_cagr_10y_pct": 48.3959589862027,
      "exports_historical_peak_usd": 2550706.1917012534,
      "buyer_imports_latest_observed_usd": 17867432.83683574,
      "historical_peak_year": 2020,
      "positive_growth_year_share_pct": 56,
      "trend_acceleration_pct": -53.70568808407646,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": 85.8939,
      "buyer_yoy_all_avg_pct": 31.7673,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 7.912820675552091,
      "market_share_change_1y_pp": -7.992389269989118,
      "peer_best_share_pct": 55.513029610972644,
      "peer_top_exporter": "NOR",
      "supplier_count_latest": 20,
      "buyer_market_hhi": 3366.82,
      "distance_km": 323.77960205078125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.275859370299311,
      "max_drawdown_pct": 99.6897275756114,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 151610,
      "corridor_rank": 73,
      "exporter_iso3": "BEL",
      "importer_iso3": "SAU",
      "latest_data_year": 2024,
      "lane_data_years": 10,
      "exports_latest_observed_usd": 354484.92477537354,
      "exports_all_year_avg_usd": 333273.07353620173,
      "exports_avg_3y_usd": 1300181.951818611,
      "exports_avg_5y_usd": 1033934.0272482837,
      "exports_avg_10y_usd": 632122.0130962345,
      "exports_cagr_3y_pct": -10.917282284876329,
      "exports_cagr_5y_pct": 66.84756021653175,
      "exports_cagr_10y_pct": 21.034125015496507,
      "exports_historical_peak_usd": 2245878.9788618484,
      "buyer_imports_latest_observed_usd": 38786267.823938146,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 44.44444444444444,
      "trend_acceleration_pct": -31.951407300372836,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -10.1221,
      "buyer_yoy_all_avg_pct": 39.4996,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 0.9139444052324937,
      "market_share_change_1y_pp": -4.29034139403981,
      "peer_best_share_pct": 79.59790023339028,
      "peer_top_exporter": "NZL",
      "supplier_count_latest": 16,
      "buyer_market_hhi": 6482.15,
      "distance_km": 4636.35205078125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.09920948249898989,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.9718421316418977,
      "max_drawdown_pct": 84.21620540947326,
      "attention_level": "Watch",
      "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']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 151610,
      "corridor_rank": 93,
      "exporter_iso3": "BEL",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 223342.02416838193,
      "exports_all_year_avg_usd": 568560.6954429476,
      "exports_avg_3y_usd": 619897.4304029346,
      "exports_avg_5y_usd": 928932.6049331322,
      "exports_avg_10y_usd": 677543.6362737168,
      "exports_cagr_3y_pct": -50.37539667194706,
      "exports_cagr_5y_pct": -24.06967389620882,
      "exports_cagr_10y_pct": -5.1254257408409165,
      "exports_historical_peak_usd": 1947805.7632766436,
      "buyer_imports_latest_observed_usd": 21474638.09293499,
      "historical_peak_year": 2007,
      "positive_growth_year_share_pct": 52,
      "trend_acceleration_pct": -45.24997093110614,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": 3.0989,
      "buyer_yoy_all_avg_pct": 15.471,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 1.040026952732954,
      "market_share_change_1y_pp": 0.49415696707997003,
      "peer_best_share_pct": 34.93242584149447,
      "peer_top_exporter": "GBR",
      "supplier_count_latest": 30,
      "buyer_market_hhi": 2282.28,
      "distance_km": 196.8760986328125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.9178286384114446,
      "max_drawdown_pct": 98.28785129057228,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown']",
      "signal_flag": "Slowing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 151610,
      "corridor_rank": 99,
      "exporter_iso3": "BEL",
      "importer_iso3": "ESP",
      "latest_data_year": 2024,
      "lane_data_years": 25,
      "exports_latest_observed_usd": 183343.4983301209,
      "exports_all_year_avg_usd": 169085.0746711054,
      "exports_avg_3y_usd": 230261.7755294449,
      "exports_avg_5y_usd": 272368.55165856716,
      "exports_avg_10y_usd": 271091.4781585918,
      "exports_cagr_3y_pct": -0.9895400688533784,
      "exports_cagr_5y_pct": 14.392691159047999,
      "exports_cagr_10y_pct": -1.8216842791758503,
      "exports_historical_peak_usd": 482161.6411723541,
      "buyer_imports_latest_observed_usd": 18026423.02005224,
      "historical_peak_year": 2020,
      "positive_growth_year_share_pct": 58.333333333333336,
      "trend_acceleration_pct": 0.8321442103224719,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": 10.1089,
      "buyer_yoy_all_avg_pct": 24.2615,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 1.0170819697627929,
      "market_share_change_1y_pp": 0.021912196857286514,
      "peer_best_share_pct": 41.73906066680938,
      "peer_top_exporter": "ITA",
      "supplier_count_latest": 22,
      "buyer_market_hhi": 2297.95,
      "distance_km": 1316.64013671875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.7699480716897094,
      "max_drawdown_pct": 97.78784613351661,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 151610,
    "num_markets": 30,
    "highest_price_importer_iso3": "CHE",
    "highest_price_usd_per_ton": 125920,
    "lowest_price_importer_iso3": "GHA",
    "lowest_price_usd_per_ton": 140,
    "median_price_across_markets": 4477.330165790538,
    "price_spread_pct": 2809.2634526047223,
    "avg_quantity_metric_tons": 233.818,
    "total_trade_value_usd": 30835607
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 3666133.2750995615,
      "active_destinations": 20,
      "yoy_growth_pct": -39.62076457159064
    },
    {
      "year": 2011,
      "export_value_usd": 3895334.894461053,
      "active_destinations": 18,
      "yoy_growth_pct": 6.251862716454763
    },
    {
      "year": 2012,
      "export_value_usd": 5136531.515259512,
      "active_destinations": 23,
      "yoy_growth_pct": 31.863669092056
    },
    {
      "year": 2013,
      "export_value_usd": 3230125.867996054,
      "active_destinations": 20,
      "yoy_growth_pct": -37.1146490895645
    },
    {
      "year": 2014,
      "export_value_usd": 5859470.951862739,
      "active_destinations": 19,
      "yoy_growth_pct": 81.4007005088601
    },
    {
      "year": 2015,
      "export_value_usd": 6433983.253325642,
      "active_destinations": 18,
      "yoy_growth_pct": 9.804849382865596
    },
    {
      "year": 2016,
      "export_value_usd": 6693687.371939499,
      "active_destinations": 20,
      "yoy_growth_pct": 4.036443807646207
    },
    {
      "year": 2017,
      "export_value_usd": 6331109.387741318,
      "active_destinations": 19,
      "yoy_growth_pct": -5.4167152430533045
    },
    {
      "year": 2018,
      "export_value_usd": 7290151.076333514,
      "active_destinations": 21,
      "yoy_growth_pct": 15.148082742799417
    },
    {
      "year": 2019,
      "export_value_usd": 6598807.549776464,
      "active_destinations": 18,
      "yoy_growth_pct": -9.483253766871904
    },
    {
      "year": 2020,
      "export_value_usd": 11928639.099297762,
      "active_destinations": 13,
      "yoy_growth_pct": 80.76961646959757
    },
    {
      "year": 2021,
      "export_value_usd": 14671946.612487499,
      "active_destinations": 14,
      "yoy_growth_pct": 22.99765707012827
    },
    {
      "year": 2022,
      "export_value_usd": 17039350.9976672,
      "active_destinations": 19,
      "yoy_growth_pct": 16.13558478439917
    },
    {
      "year": 2023,
      "export_value_usd": 4632280.354002901,
      "active_destinations": 19,
      "yoy_growth_pct": -72.8142207139398
    },
    {
      "year": 2024,
      "export_value_usd": 14045510.589311674,
      "active_destinations": 23,
      "yoy_growth_pct": 203.2094242131632
    }
  ],
  "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
  }
}