{
  "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/180400",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/180400",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/180400",
    "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": "180400",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 142,
    "current_lane_count": 104,
    "active_market_count": 104,
    "exports_latest_observed_lanes_usd": 91687888.79040359,
    "exports_current_2024_usd": 91584116.024781,
    "exports_avg_3y_usd": 58629639.881045066,
    "exports_avg_5y_usd": 62990054.14060519,
    "exports_avg_10y_usd": 48733786.85793151,
    "exports_cagr_3y_pct": 16.756932373051225,
    "exports_cagr_5y_pct": 4.170618556639294,
    "exports_cagr_10y_pct": 17.18653925767257,
    "exports_all_year_lane_avg_usd": 25556607.32980917,
    "exports_historical_lane_peak_usd": 137865335.78664938,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 76,
    "trend_acceleration_pct": -0.42960688462134655,
    "trend_label": "Rapid growth",
    "top_market_iso3": "DEU",
    "top_market_exports_usd": 32274922.144721985,
    "top_market_share_pct": 35.20085648225767,
    "destination_hhi": 1627.7822243132366,
    "weighted_share_latest_pct": 2.0695272734097037,
    "weighted_share_change_1y_pp": 0.4828086930296465,
    "weighted_volatility_cv": 1.440111996485882,
    "weighted_max_drawdown_pct": 80.44759857618929,
    "limited_history_lane_share_pct": 22.535211267605632,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 180400,
      "hs_description": "Cocoa: butter, fat and oil",
      "hs_chapter": 18,
      "hs_heading": 1804,
      "substitution_elasticity": -19.937757,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Cocoa: butter, fat and oil",
    "hs_chapter": 18,
    "hs_heading": 1804,
    "destinations": [
      {
        "hs_code": 180400,
        "corridor_rank": 82,
        "exporter_iso3": "BEL",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 32274922.144721985,
        "exports_all_year_avg_usd": 10985379.573691364,
        "exports_avg_3y_usd": 20583525.494942356,
        "exports_avg_5y_usd": 31336317.214970242,
        "exports_avg_10y_usd": 25064621.378424756,
        "exports_cagr_3y_pct": -0.32374418610886524,
        "exports_cagr_5y_pct": -10.878081146707208,
        "exports_cagr_10y_pct": 24.713144353036732,
        "exports_historical_peak_usd": 62340582.24187078,
        "buyer_imports_latest_observed_usd": 1876309182.8480077,
        "historical_peak_year": 2020,
        "positive_growth_year_share_pct": 60,
        "trend_acceleration_pct": -25.036888539145597,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 116.388,
        "buyer_yoy_all_avg_pct": 9.7719,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 1.7201281345184596,
        "market_share_change_1y_pp": 0.06705737592031835,
        "peer_best_share_pct": 52.14082297806315,
        "peer_top_exporter": "NLD",
        "supplier_count_latest": 78,
        "buyer_market_hhi": 3073.19,
        "distance_km": 196.8760986328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.5103325752214147,
        "max_drawdown_pct": 77.00720535851653,
        "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"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 180400,
      "num_markets": 123,
      "highest_price_importer_iso3": "AGO",
      "highest_price_usd_per_ton": 48350,
      "lowest_price_importer_iso3": "AGO",
      "lowest_price_usd_per_ton": 306.49350649350646,
      "median_price_across_markets": 9257.381258023106,
      "price_spread_pct": 518.9751308110873,
      "avg_quantity_metric_tons": 92.48615102040817,
      "total_trade_value_usd": 294912357
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 11411509.83095871,
        "active_destinations": 74,
        "yoy_growth_pct": -9.990507142320421
      },
      {
        "year": 2011,
        "export_value_usd": 13884090.92268413,
        "active_destinations": 80,
        "yoy_growth_pct": 21.66743164009256
      },
      {
        "year": 2012,
        "export_value_usd": 11113973.307966048,
        "active_destinations": 83,
        "yoy_growth_pct": -19.951739225448335
      },
      {
        "year": 2013,
        "export_value_usd": 11768699.96583089,
        "active_destinations": 90,
        "yoy_growth_pct": 5.891022406861108
      },
      {
        "year": 2014,
        "export_value_usd": 18751795.966615546,
        "active_destinations": 95,
        "yoy_growth_pct": 59.336171548763225
      },
      {
        "year": 2015,
        "export_value_usd": 17884381.749575634,
        "active_destinations": 91,
        "yoy_growth_pct": -4.625766079068905
      },
      {
        "year": 2016,
        "export_value_usd": 20355858.500609186,
        "active_destinations": 93,
        "yoy_growth_pct": 13.819190317228584
      },
      {
        "year": 2017,
        "export_value_usd": 25463285.53974138,
        "active_destinations": 102,
        "yoy_growth_pct": 25.090698282164535
      },
      {
        "year": 2018,
        "export_value_usd": 34023047.923896,
        "active_destinations": 104,
        "yoy_growth_pct": 33.61609549873335
      },
      {
        "year": 2019,
        "export_value_usd": 74661024.16246693,
        "active_destinations": 103,
        "yoy_growth_pct": 119.44249183515669
      },
      {
        "year": 2020,
        "export_value_usd": 81521049.98105884,
        "active_destinations": 93,
        "yoy_growth_pct": 9.188228926064655
      },
      {
        "year": 2021,
        "export_value_usd": 57540301.07883194,
        "active_destinations": 104,
        "yoy_growth_pct": -29.41663399551251
      },
      {
        "year": 2022,
        "export_value_usd": 39752762.33363088,
        "active_destinations": 107,
        "yoy_growth_pct": -30.913183302311186
      },
      {
        "year": 2023,
        "export_value_usd": 44552041.28472333,
        "active_destinations": 106,
        "yoy_growth_pct": 12.072818766187348
      },
      {
        "year": 2024,
        "export_value_usd": 91584116.02478099,
        "active_destinations": 104,
        "yoy_growth_pct": 105.56659893423273
      }
    ],
    "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": "180400",
    "hs_description": "Cocoa: butter, fat and oil",
    "hs_chapter": 18,
    "hs_heading": 1804
  },
  "destinations": [
    {
      "hs_code": 180400,
      "corridor_rank": 82,
      "exporter_iso3": "BEL",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 32274922.144721985,
      "exports_all_year_avg_usd": 10985379.573691364,
      "exports_avg_3y_usd": 20583525.494942356,
      "exports_avg_5y_usd": 31336317.214970242,
      "exports_avg_10y_usd": 25064621.378424756,
      "exports_cagr_3y_pct": -0.32374418610886524,
      "exports_cagr_5y_pct": -10.878081146707208,
      "exports_cagr_10y_pct": 24.713144353036732,
      "exports_historical_peak_usd": 62340582.24187078,
      "buyer_imports_latest_observed_usd": 1876309182.8480077,
      "historical_peak_year": 2020,
      "positive_growth_year_share_pct": 60,
      "trend_acceleration_pct": -25.036888539145597,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": 116.388,
      "buyer_yoy_all_avg_pct": 9.7719,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 1.7201281345184596,
      "market_share_change_1y_pp": 0.06705737592031835,
      "peer_best_share_pct": 52.14082297806315,
      "peer_top_exporter": "NLD",
      "supplier_count_latest": 78,
      "buyer_market_hhi": 3073.19,
      "distance_km": 196.8760986328125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.5103325752214147,
      "max_drawdown_pct": 77.00720535851653,
      "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"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 180400,
    "num_markets": 123,
    "highest_price_importer_iso3": "AGO",
    "highest_price_usd_per_ton": 48350,
    "lowest_price_importer_iso3": "AGO",
    "lowest_price_usd_per_ton": 306.49350649350646,
    "median_price_across_markets": 9257.381258023106,
    "price_spread_pct": 518.9751308110873,
    "avg_quantity_metric_tons": 92.48615102040817,
    "total_trade_value_usd": 294912357
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 11411509.83095871,
      "active_destinations": 74,
      "yoy_growth_pct": -9.990507142320421
    },
    {
      "year": 2011,
      "export_value_usd": 13884090.92268413,
      "active_destinations": 80,
      "yoy_growth_pct": 21.66743164009256
    },
    {
      "year": 2012,
      "export_value_usd": 11113973.307966048,
      "active_destinations": 83,
      "yoy_growth_pct": -19.951739225448335
    },
    {
      "year": 2013,
      "export_value_usd": 11768699.96583089,
      "active_destinations": 90,
      "yoy_growth_pct": 5.891022406861108
    },
    {
      "year": 2014,
      "export_value_usd": 18751795.966615546,
      "active_destinations": 95,
      "yoy_growth_pct": 59.336171548763225
    },
    {
      "year": 2015,
      "export_value_usd": 17884381.749575634,
      "active_destinations": 91,
      "yoy_growth_pct": -4.625766079068905
    },
    {
      "year": 2016,
      "export_value_usd": 20355858.500609186,
      "active_destinations": 93,
      "yoy_growth_pct": 13.819190317228584
    },
    {
      "year": 2017,
      "export_value_usd": 25463285.53974138,
      "active_destinations": 102,
      "yoy_growth_pct": 25.090698282164535
    },
    {
      "year": 2018,
      "export_value_usd": 34023047.923896,
      "active_destinations": 104,
      "yoy_growth_pct": 33.61609549873335
    },
    {
      "year": 2019,
      "export_value_usd": 74661024.16246693,
      "active_destinations": 103,
      "yoy_growth_pct": 119.44249183515669
    },
    {
      "year": 2020,
      "export_value_usd": 81521049.98105884,
      "active_destinations": 93,
      "yoy_growth_pct": 9.188228926064655
    },
    {
      "year": 2021,
      "export_value_usd": 57540301.07883194,
      "active_destinations": 104,
      "yoy_growth_pct": -29.41663399551251
    },
    {
      "year": 2022,
      "export_value_usd": 39752762.33363088,
      "active_destinations": 107,
      "yoy_growth_pct": -30.913183302311186
    },
    {
      "year": 2023,
      "export_value_usd": 44552041.28472333,
      "active_destinations": 106,
      "yoy_growth_pct": 12.072818766187348
    },
    {
      "year": 2024,
      "export_value_usd": 91584116.02478099,
      "active_destinations": 104,
      "yoy_growth_pct": 105.56659893423273
    }
  ],
  "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
  }
}