{
  "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/151800",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/151800",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/151800",
    "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": "151800",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 144,
    "current_lane_count": 77,
    "active_market_count": 77,
    "exports_latest_observed_lanes_usd": 458700941.6647856,
    "exports_current_2024_usd": 458521750.4067812,
    "exports_avg_3y_usd": 398212841.8406968,
    "exports_avg_5y_usd": 307558126.343018,
    "exports_avg_10y_usd": 204613868.04827788,
    "exports_cagr_3y_pct": 29.21904218799847,
    "exports_cagr_5y_pct": 30.120826445997473,
    "exports_cagr_10y_pct": 16.698724772299922,
    "exports_all_year_lane_avg_usd": 111149294.23267812,
    "exports_historical_lane_peak_usd": 612457938.258317,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 68,
    "trend_acceleration_pct": 12.520317415698546,
    "trend_label": "Rapid growth",
    "top_market_iso3": "NLD",
    "top_market_exports_usd": 192400482.61066806,
    "top_market_share_pct": 41.944645221869315,
    "destination_hhi": 3073.7044276621937,
    "weighted_share_latest_pct": 27.88855704952277,
    "weighted_share_change_1y_pp": 8.756464890829772,
    "weighted_volatility_cv": 1.5309518607880517,
    "weighted_max_drawdown_pct": 55.89465165465969,
    "limited_history_lane_share_pct": 27.083333333333332,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 151800,
      "hs_description": "Animal or vegetable fats and oils and their fractions: oxidised, boiled or otherwise chemically modified, (excluding those of heading no. 1516), inedible mixtures or preparations of fats or oils",
      "hs_chapter": 15,
      "hs_heading": 1518,
      "substitution_elasticity": null,
      "price_range_label": "Medium price range",
      "trade_type_label": "Two-way vertical trade"
    },
    "hs_description": "Animal or vegetable fats and oils and their fractions: oxidised, boiled or otherwise chemically modified, (excluding those of heading no. 1516), inedible mixtures or preparations of fats or oils",
    "hs_chapter": 15,
    "hs_heading": 1518,
    "destinations": [
      {
        "hs_code": 151800,
        "corridor_rank": 12,
        "exporter_iso3": "BEL",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 192400482.61066806,
        "exports_all_year_avg_usd": 46930131.00017489,
        "exports_avg_3y_usd": 143608344.1235865,
        "exports_avg_5y_usd": 120132861.81109273,
        "exports_avg_10y_usd": 85901689.55305707,
        "exports_cagr_3y_pct": 20.207203406214802,
        "exports_cagr_5y_pct": 20.687171701838338,
        "exports_cagr_10y_pct": 17.273383652159534,
        "exports_historical_peak_usd": 192400482.61066806,
        "buyer_imports_latest_observed_usd": 1772799288.1679487,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 52,
        "trend_acceleration_pct": 2.9338197540552677,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -9.8441,
        "buyer_yoy_all_avg_pct": 16.8623,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 10.852919667488079,
        "market_share_change_1y_pp": 4.776294136473218,
        "peer_best_share_pct": 16.492171114650546,
        "peer_top_exporter": "MYS",
        "supplier_count_latest": 107,
        "buyer_market_hhi": 766.38,
        "distance_km": 173.03326416015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.933642699704861,
        "max_drawdown_pct": 29.3359883983669,
        "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": 151800,
        "corridor_rank": 15,
        "exporter_iso3": "BEL",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 160418978.78139848,
        "exports_all_year_avg_usd": 19911619.971198484,
        "exports_avg_3y_usd": 118226413.76559997,
        "exports_avg_5y_usd": 81222426.72187075,
        "exports_avg_10y_usd": 45956451.358681574,
        "exports_cagr_3y_pct": 70.25146754682203,
        "exports_cagr_5y_pct": 68.48385351929973,
        "exports_cagr_10y_pct": 37.802513943023186,
        "exports_historical_peak_usd": 160418978.78139848,
        "buyer_imports_latest_observed_usd": 251273172.72146842,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 52,
        "trend_acceleration_pct": 32.44895360379884,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 8.3616,
        "buyer_yoy_all_avg_pct": 15.3281,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 63.84246159028679,
        "market_share_change_1y_pp": 19.90230676543498,
        "peer_best_share_pct": 63.84246159028679,
        "peer_top_exporter": "BEL",
        "supplier_count_latest": 44,
        "buyer_market_hhi": 4334.46,
        "distance_km": 262.384521484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.8839869525060133,
        "max_drawdown_pct": 66.38156213126648,
        "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": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 151800,
        "corridor_rank": 54,
        "exporter_iso3": "BEL",
        "importer_iso3": "ESP",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 35732125.37413854,
        "exports_all_year_avg_usd": 6630980.676459574,
        "exports_avg_3y_usd": 47103494.871683426,
        "exports_avg_5y_usd": 29991203.63242044,
        "exports_avg_10y_usd": 15212398.986442726,
        "exports_cagr_3y_pct": 78.73662756836222,
        "exports_cagr_5y_pct": 170.65460120215437,
        "exports_cagr_10y_pct": 56.066184275948316,
        "exports_historical_peak_usd": 66092024.8357062,
        "buyer_imports_latest_observed_usd": 856970269.1741319,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 48,
        "trend_acceleration_pct": 22.670443292413907,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 54.0845,
        "buyer_yoy_all_avg_pct": 19.0736,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 4.169587517729622,
        "market_share_change_1y_pp": -2.9301129282032,
        "peer_best_share_pct": 26.946154962267894,
        "peer_top_exporter": "MYS",
        "supplier_count_latest": 75,
        "buyer_market_hhi": 1700.8,
        "distance_km": 1316.64013671875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 2.3172037586099847,
        "max_drawdown_pct": 90.28135380157394,
        "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": 151800,
        "corridor_rank": 89,
        "exporter_iso3": "BEL",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 24,
        "exports_latest_observed_usd": 19154859.265836287,
        "exports_all_year_avg_usd": 1126317.1952598367,
        "exports_avg_3y_usd": 8830226.17758517,
        "exports_avg_5y_usd": 5309800.367935082,
        "exports_avg_10y_usd": 2678296.996277918,
        "exports_cagr_3y_pct": 750.1961414989976,
        "exports_cagr_5y_pct": 334.13591756901104,
        "exports_cagr_10y_pct": 91.15347339946966,
        "exports_historical_peak_usd": 19154859.265836287,
        "buyer_imports_latest_observed_usd": 2352423729.4544806,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 56.52173913043478,
        "trend_acceleration_pct": 659.0426680995279,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 44.6117,
        "buyer_yoy_all_avg_pct": 39.3101,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 0.8142605869002278,
        "market_share_change_1y_pp": 0.3641008514870215,
        "peer_best_share_pct": 48.9635774770475,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 54,
        "buyer_market_hhi": 2681.65,
        "distance_km": 5891.71142578125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.0467447546369697,
        "tariff_advantage_pp": null,
        "volatility_cv": 3.5795938732414534,
        "max_drawdown_pct": 99.93798043642815,
        "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"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 151800,
      "num_markets": 120,
      "highest_price_importer_iso3": "GIN",
      "highest_price_usd_per_ton": 328000,
      "lowest_price_importer_iso3": "LUX",
      "lowest_price_usd_per_ton": 34.55488431844293,
      "median_price_across_markets": 1925.761976414599,
      "price_spread_pct": 17030.42479456836,
      "avg_quantity_metric_tons": 2466.0880803571426,
      "total_trade_value_usd": 1406363379
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 48164853.47014528,
        "active_destinations": 81,
        "yoy_growth_pct": 26.784096439662918
      },
      {
        "year": 2011,
        "export_value_usd": 106793884.05110931,
        "active_destinations": 74,
        "yoy_growth_pct": 121.72575302716311
      },
      {
        "year": 2012,
        "export_value_usd": 88394154.64867492,
        "active_destinations": 79,
        "yoy_growth_pct": -17.22919768853867
      },
      {
        "year": 2013,
        "export_value_usd": 109212970.78286055,
        "active_destinations": 78,
        "yoy_growth_pct": 23.552254350902054
      },
      {
        "year": 2014,
        "export_value_usd": 97881099.36915599,
        "active_destinations": 86,
        "yoy_growth_pct": -10.37593916956514
      },
      {
        "year": 2015,
        "export_value_usd": 86364588.71813136,
        "active_destinations": 87,
        "yoy_growth_pct": -11.76581661347142
      },
      {
        "year": 2016,
        "export_value_usd": 92645147.82087737,
        "active_destinations": 97,
        "yoy_growth_pct": 7.272146137630446
      },
      {
        "year": 2017,
        "export_value_usd": 103640513.06403498,
        "active_destinations": 99,
        "yoy_growth_pct": 11.868258081271936
      },
      {
        "year": 2018,
        "export_value_usd": 102776858.03179812,
        "active_destinations": 90,
        "yoy_growth_pct": -0.8333179822288647
      },
      {
        "year": 2019,
        "export_value_usd": 122920941.13284677,
        "active_destinations": 97,
        "yoy_growth_pct": 19.599823819109428
      },
      {
        "year": 2020,
        "export_value_usd": 130641608.25928298,
        "active_destinations": 94,
        "yoy_growth_pct": 6.281002289180406
      },
      {
        "year": 2021,
        "export_value_usd": 212510497.93371683,
        "active_destinations": 90,
        "yoy_growth_pct": 62.666780335365715
      },
      {
        "year": 2022,
        "export_value_usd": 374719585.8329403,
        "active_destinations": 90,
        "yoy_growth_pct": 76.32991756944513
      },
      {
        "year": 2023,
        "export_value_usd": 361397189.2823688,
        "active_destinations": 89,
        "yoy_growth_pct": -3.5552976290145053
      },
      {
        "year": 2024,
        "export_value_usd": 458521750.4067812,
        "active_destinations": 77,
        "yoy_growth_pct": 26.87474169826112
      }
    ],
    "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": "151800",
    "hs_description": "Animal or vegetable fats and oils and their fractions: oxidised, boiled or otherwise chemically modified, (excluding those of heading no. 1516), inedible mixtures or preparations of fats or oils",
    "hs_chapter": 15,
    "hs_heading": 1518
  },
  "destinations": [
    {
      "hs_code": 151800,
      "corridor_rank": 12,
      "exporter_iso3": "BEL",
      "importer_iso3": "NLD",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 192400482.61066806,
      "exports_all_year_avg_usd": 46930131.00017489,
      "exports_avg_3y_usd": 143608344.1235865,
      "exports_avg_5y_usd": 120132861.81109273,
      "exports_avg_10y_usd": 85901689.55305707,
      "exports_cagr_3y_pct": 20.207203406214802,
      "exports_cagr_5y_pct": 20.687171701838338,
      "exports_cagr_10y_pct": 17.273383652159534,
      "exports_historical_peak_usd": 192400482.61066806,
      "buyer_imports_latest_observed_usd": 1772799288.1679487,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 52,
      "trend_acceleration_pct": 2.9338197540552677,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -9.8441,
      "buyer_yoy_all_avg_pct": 16.8623,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 10.852919667488079,
      "market_share_change_1y_pp": 4.776294136473218,
      "peer_best_share_pct": 16.492171114650546,
      "peer_top_exporter": "MYS",
      "supplier_count_latest": 107,
      "buyer_market_hhi": 766.38,
      "distance_km": 173.03326416015625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.933642699704861,
      "max_drawdown_pct": 29.3359883983669,
      "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": 151800,
      "corridor_rank": 15,
      "exporter_iso3": "BEL",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 160418978.78139848,
      "exports_all_year_avg_usd": 19911619.971198484,
      "exports_avg_3y_usd": 118226413.76559997,
      "exports_avg_5y_usd": 81222426.72187075,
      "exports_avg_10y_usd": 45956451.358681574,
      "exports_cagr_3y_pct": 70.25146754682203,
      "exports_cagr_5y_pct": 68.48385351929973,
      "exports_cagr_10y_pct": 37.802513943023186,
      "exports_historical_peak_usd": 160418978.78139848,
      "buyer_imports_latest_observed_usd": 251273172.72146842,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 52,
      "trend_acceleration_pct": 32.44895360379884,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 8.3616,
      "buyer_yoy_all_avg_pct": 15.3281,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 63.84246159028679,
      "market_share_change_1y_pp": 19.90230676543498,
      "peer_best_share_pct": 63.84246159028679,
      "peer_top_exporter": "BEL",
      "supplier_count_latest": 44,
      "buyer_market_hhi": 4334.46,
      "distance_km": 262.384521484375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.8839869525060133,
      "max_drawdown_pct": 66.38156213126648,
      "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": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 151800,
      "corridor_rank": 54,
      "exporter_iso3": "BEL",
      "importer_iso3": "ESP",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 35732125.37413854,
      "exports_all_year_avg_usd": 6630980.676459574,
      "exports_avg_3y_usd": 47103494.871683426,
      "exports_avg_5y_usd": 29991203.63242044,
      "exports_avg_10y_usd": 15212398.986442726,
      "exports_cagr_3y_pct": 78.73662756836222,
      "exports_cagr_5y_pct": 170.65460120215437,
      "exports_cagr_10y_pct": 56.066184275948316,
      "exports_historical_peak_usd": 66092024.8357062,
      "buyer_imports_latest_observed_usd": 856970269.1741319,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 48,
      "trend_acceleration_pct": 22.670443292413907,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 54.0845,
      "buyer_yoy_all_avg_pct": 19.0736,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 4.169587517729622,
      "market_share_change_1y_pp": -2.9301129282032,
      "peer_best_share_pct": 26.946154962267894,
      "peer_top_exporter": "MYS",
      "supplier_count_latest": 75,
      "buyer_market_hhi": 1700.8,
      "distance_km": 1316.64013671875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 2.3172037586099847,
      "max_drawdown_pct": 90.28135380157394,
      "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": 151800,
      "corridor_rank": 89,
      "exporter_iso3": "BEL",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 24,
      "exports_latest_observed_usd": 19154859.265836287,
      "exports_all_year_avg_usd": 1126317.1952598367,
      "exports_avg_3y_usd": 8830226.17758517,
      "exports_avg_5y_usd": 5309800.367935082,
      "exports_avg_10y_usd": 2678296.996277918,
      "exports_cagr_3y_pct": 750.1961414989976,
      "exports_cagr_5y_pct": 334.13591756901104,
      "exports_cagr_10y_pct": 91.15347339946966,
      "exports_historical_peak_usd": 19154859.265836287,
      "buyer_imports_latest_observed_usd": 2352423729.4544806,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 56.52173913043478,
      "trend_acceleration_pct": 659.0426680995279,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 44.6117,
      "buyer_yoy_all_avg_pct": 39.3101,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 0.8142605869002278,
      "market_share_change_1y_pp": 0.3641008514870215,
      "peer_best_share_pct": 48.9635774770475,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 54,
      "buyer_market_hhi": 2681.65,
      "distance_km": 5891.71142578125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.0467447546369697,
      "tariff_advantage_pp": null,
      "volatility_cv": 3.5795938732414534,
      "max_drawdown_pct": 99.93798043642815,
      "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"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 151800,
    "num_markets": 120,
    "highest_price_importer_iso3": "GIN",
    "highest_price_usd_per_ton": 328000,
    "lowest_price_importer_iso3": "LUX",
    "lowest_price_usd_per_ton": 34.55488431844293,
    "median_price_across_markets": 1925.761976414599,
    "price_spread_pct": 17030.42479456836,
    "avg_quantity_metric_tons": 2466.0880803571426,
    "total_trade_value_usd": 1406363379
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 48164853.47014528,
      "active_destinations": 81,
      "yoy_growth_pct": 26.784096439662918
    },
    {
      "year": 2011,
      "export_value_usd": 106793884.05110931,
      "active_destinations": 74,
      "yoy_growth_pct": 121.72575302716311
    },
    {
      "year": 2012,
      "export_value_usd": 88394154.64867492,
      "active_destinations": 79,
      "yoy_growth_pct": -17.22919768853867
    },
    {
      "year": 2013,
      "export_value_usd": 109212970.78286055,
      "active_destinations": 78,
      "yoy_growth_pct": 23.552254350902054
    },
    {
      "year": 2014,
      "export_value_usd": 97881099.36915599,
      "active_destinations": 86,
      "yoy_growth_pct": -10.37593916956514
    },
    {
      "year": 2015,
      "export_value_usd": 86364588.71813136,
      "active_destinations": 87,
      "yoy_growth_pct": -11.76581661347142
    },
    {
      "year": 2016,
      "export_value_usd": 92645147.82087737,
      "active_destinations": 97,
      "yoy_growth_pct": 7.272146137630446
    },
    {
      "year": 2017,
      "export_value_usd": 103640513.06403498,
      "active_destinations": 99,
      "yoy_growth_pct": 11.868258081271936
    },
    {
      "year": 2018,
      "export_value_usd": 102776858.03179812,
      "active_destinations": 90,
      "yoy_growth_pct": -0.8333179822288647
    },
    {
      "year": 2019,
      "export_value_usd": 122920941.13284677,
      "active_destinations": 97,
      "yoy_growth_pct": 19.599823819109428
    },
    {
      "year": 2020,
      "export_value_usd": 130641608.25928298,
      "active_destinations": 94,
      "yoy_growth_pct": 6.281002289180406
    },
    {
      "year": 2021,
      "export_value_usd": 212510497.93371683,
      "active_destinations": 90,
      "yoy_growth_pct": 62.666780335365715
    },
    {
      "year": 2022,
      "export_value_usd": 374719585.8329403,
      "active_destinations": 90,
      "yoy_growth_pct": 76.32991756944513
    },
    {
      "year": 2023,
      "export_value_usd": 361397189.2823688,
      "active_destinations": 89,
      "yoy_growth_pct": -3.5552976290145053
    },
    {
      "year": 2024,
      "export_value_usd": 458521750.4067812,
      "active_destinations": 77,
      "yoy_growth_pct": 26.87474169826112
    }
  ],
  "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
  }
}