{
  "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/252220",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/252220",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/252220",
    "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": "252220",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 134,
    "current_lane_count": 54,
    "active_market_count": 54,
    "exports_latest_observed_lanes_usd": 17300391.287366036,
    "exports_current_2024_usd": 15759810.928941978,
    "exports_avg_3y_usd": 14260109.790775796,
    "exports_avg_5y_usd": 13748970.084223177,
    "exports_avg_10y_usd": 14877642.368575666,
    "exports_cagr_3y_pct": 4.1707875729869,
    "exports_cagr_5y_pct": 1.0256052423689432,
    "exports_cagr_10y_pct": -0.4391134385107631,
    "exports_all_year_lane_avg_usd": 15316321.631383674,
    "exports_historical_lane_peak_usd": 42367843.48218783,
    "historical_peak_year": 2008,
    "positive_growth_year_share_pct": 60,
    "trend_acceleration_pct": 4.609901011497664,
    "trend_label": "Growing",
    "top_market_iso3": "NLD",
    "top_market_exports_usd": 6108293.326938936,
    "top_market_share_pct": 35.30725534167335,
    "destination_hhi": 2175.680650132059,
    "weighted_share_latest_pct": 30.730100238666118,
    "weighted_share_change_1y_pp": 0.4351489664216686,
    "weighted_volatility_cv": 0.6211962113839903,
    "weighted_max_drawdown_pct": 70.0707762390495,
    "limited_history_lane_share_pct": 29.850746268656717,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 252220,
      "hs_description": "Slaked lime: excluding calcium oxide and hydroxide of heading no. 2825",
      "hs_chapter": 25,
      "hs_heading": 2522,
      "substitution_elasticity": -19.883841,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Slaked lime: excluding calcium oxide and hydroxide of heading no. 2825",
    "hs_chapter": 25,
    "hs_heading": 2522,
    "destinations": [
      {
        "hs_code": 252220,
        "corridor_rank": 6,
        "exporter_iso3": "BEL",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 6108293.326938936,
        "exports_all_year_avg_usd": 4474666.899836567,
        "exports_avg_3y_usd": 4955824.1839465415,
        "exports_avg_5y_usd": 4988736.537695017,
        "exports_avg_10y_usd": 5256523.704662555,
        "exports_cagr_3y_pct": 4.577751540452324,
        "exports_cagr_5y_pct": -0.7944394434489133,
        "exports_cagr_10y_pct": 5.297461057916175,
        "exports_historical_peak_usd": 12451157.567191875,
        "buyer_imports_latest_observed_usd": 14824767.10572583,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 60,
        "trend_acceleration_pct": -0.7197095174638513,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": 24.898,
        "buyer_yoy_all_avg_pct": 6.4352,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 41.20330041866023,
        "market_share_change_1y_pp": 4.153014311095291,
        "peer_best_share_pct": 54.203428513647545,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 32,
        "buyer_market_hhi": 4643.12,
        "distance_km": 173.03326416015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.5746836478544866,
        "max_drawdown_pct": 72.23665290757076,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 252220,
        "corridor_rank": 8,
        "exporter_iso3": "BEL",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 4696894.548082436,
        "exports_all_year_avg_usd": 3713105.7232087287,
        "exports_avg_3y_usd": 4609864.904155731,
        "exports_avg_5y_usd": 4169365.052499539,
        "exports_avg_10y_usd": 3843388.3751223446,
        "exports_cagr_3y_pct": 10.3143670364916,
        "exports_cagr_5y_pct": 4.988510898180798,
        "exports_cagr_10y_pct": -0.9308001831423884,
        "exports_historical_peak_usd": 5572740.94949534,
        "buyer_imports_latest_observed_usd": 26676101.122676168,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 56,
        "trend_acceleration_pct": 11.245167219633988,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 6.976,
        "buyer_yoy_all_avg_pct": 8.8844,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 17.607125293470325,
        "market_share_change_1y_pp": -4.740568492815935,
        "peer_best_share_pct": 41.896514418832325,
        "peer_top_exporter": "GBR",
        "supplier_count_latest": 22,
        "buyer_market_hhi": 2651.79,
        "distance_km": 262.384521484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.345111493541952,
        "max_drawdown_pct": 50.33881266991826,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 252220,
        "corridor_rank": 18,
        "exporter_iso3": "BEL",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 1447894.0631779379,
        "exports_all_year_avg_usd": 1771284.198450312,
        "exports_avg_3y_usd": 1478418.9627793757,
        "exports_avg_5y_usd": 1175323.3354058794,
        "exports_avg_10y_usd": 1284589.781754034,
        "exports_cagr_3y_pct": 20.468478710932892,
        "exports_cagr_5y_pct": 1.6315653811638464,
        "exports_cagr_10y_pct": -4.573084613376299,
        "exports_historical_peak_usd": 3756944.1347026243,
        "buyer_imports_latest_observed_usd": 13387232.213335559,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 60,
        "trend_acceleration_pct": 25.04156332430919,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -15.3664,
        "buyer_yoy_all_avg_pct": 7.0807,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 10.815484785089726,
        "market_share_change_1y_pp": 0.976766597487071,
        "peer_best_share_pct": 29.43729414565818,
        "peer_top_exporter": "AUT",
        "supplier_count_latest": 33,
        "buyer_market_hhi": 2015.95,
        "distance_km": 196.8760986328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.540213416533138,
        "max_drawdown_pct": 83.67834444122916,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 252220,
        "corridor_rank": 39,
        "exporter_iso3": "BEL",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 24,
        "exports_latest_observed_usd": 105683.17598042314,
        "exports_all_year_avg_usd": 91673.21253612557,
        "exports_avg_3y_usd": 51439.43614923428,
        "exports_avg_5y_usd": 53460.66045515695,
        "exports_avg_10y_usd": 66362.38030955354,
        "exports_cagr_3y_pct": 10.644405069481433,
        "exports_cagr_5y_pct": 21.50223191214662,
        "exports_cagr_10y_pct": -4.479667503967633,
        "exports_historical_peak_usd": 259032.30767181574,
        "buyer_imports_latest_observed_usd": 22186401.872233503,
        "historical_peak_year": 2013,
        "positive_growth_year_share_pct": 52.17391304347826,
        "trend_acceleration_pct": 15.124072573449066,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 27.0909,
        "buyer_yoy_all_avg_pct": 9.2349,
        "buyer_trend_consistency_pct": 72.4138,
        "market_share_latest_pct": 0.4763421152696538,
        "market_share_change_1y_pp": 0.3922263863847838,
        "peer_best_share_pct": 49.00642568136742,
        "peer_top_exporter": "MEX",
        "supplier_count_latest": 28,
        "buyer_market_hhi": 3143.77,
        "distance_km": 5891.71142578125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.0467447546369697,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.7816359007934548,
        "max_drawdown_pct": 94.33114238150726,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 252220,
      "num_markets": 91,
      "highest_price_importer_iso3": "CAN",
      "highest_price_usd_per_ton": 84684.21052631579,
      "lowest_price_importer_iso3": "CHE",
      "lowest_price_usd_per_ton": 98.33465503568597,
      "median_price_across_markets": 329.1600685599156,
      "price_spread_pct": 25697.49005137399,
      "avg_quantity_metric_tons": 1012.677591503268,
      "total_trade_value_usd": 67391297
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 14097354.54771899,
        "active_destinations": 63,
        "yoy_growth_pct": -31.624958868712238
      },
      {
        "year": 2011,
        "export_value_usd": 17235294.977644913,
        "active_destinations": 59,
        "yoy_growth_pct": 22.259072929634545
      },
      {
        "year": 2012,
        "export_value_usd": 16992912.23885179,
        "active_destinations": 65,
        "yoy_growth_pct": -1.4063161617338533
      },
      {
        "year": 2013,
        "export_value_usd": 15714673.575189939,
        "active_destinations": 63,
        "yoy_growth_pct": -7.52218716659612
      },
      {
        "year": 2014,
        "export_value_usd": 16468856.702119958,
        "active_destinations": 63,
        "yoy_growth_pct": 4.799228716533511
      },
      {
        "year": 2015,
        "export_value_usd": 17982495.012192972,
        "active_destinations": 64,
        "yoy_growth_pct": 9.190913112251264
      },
      {
        "year": 2016,
        "export_value_usd": 17444009.00371762,
        "active_destinations": 66,
        "yoy_growth_pct": -2.994501086252121
      },
      {
        "year": 2017,
        "export_value_usd": 14606518.427950429,
        "active_destinations": 69,
        "yoy_growth_pct": -16.26627557439619
      },
      {
        "year": 2018,
        "export_value_usd": 15022624.384858644,
        "active_destinations": 77,
        "yoy_growth_pct": 2.8487689175263813
      },
      {
        "year": 2019,
        "export_value_usd": 14975926.435921125,
        "active_destinations": 66,
        "yoy_growth_pct": -0.31085080569933937
      },
      {
        "year": 2020,
        "export_value_usd": 12022903.652677074,
        "active_destinations": 62,
        "yoy_growth_pct": -19.718464803359055
      },
      {
        "year": 2021,
        "export_value_usd": 13941617.396111432,
        "active_destinations": 67,
        "yoy_growth_pct": 15.958821586390478
      },
      {
        "year": 2022,
        "export_value_usd": 12177687.990187962,
        "active_destinations": 70,
        "yoy_growth_pct": -12.652258025783022
      },
      {
        "year": 2023,
        "export_value_usd": 14842830.453197455,
        "active_destinations": 57,
        "yoy_growth_pct": 21.88545531103197
      },
      {
        "year": 2024,
        "export_value_usd": 15759810.928941976,
        "active_destinations": 54,
        "yoy_growth_pct": 6.177935392012677
      }
    ],
    "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": "252220",
    "hs_description": "Slaked lime: excluding calcium oxide and hydroxide of heading no. 2825",
    "hs_chapter": 25,
    "hs_heading": 2522
  },
  "destinations": [
    {
      "hs_code": 252220,
      "corridor_rank": 6,
      "exporter_iso3": "BEL",
      "importer_iso3": "NLD",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 6108293.326938936,
      "exports_all_year_avg_usd": 4474666.899836567,
      "exports_avg_3y_usd": 4955824.1839465415,
      "exports_avg_5y_usd": 4988736.537695017,
      "exports_avg_10y_usd": 5256523.704662555,
      "exports_cagr_3y_pct": 4.577751540452324,
      "exports_cagr_5y_pct": -0.7944394434489133,
      "exports_cagr_10y_pct": 5.297461057916175,
      "exports_historical_peak_usd": 12451157.567191875,
      "buyer_imports_latest_observed_usd": 14824767.10572583,
      "historical_peak_year": 2008,
      "positive_growth_year_share_pct": 60,
      "trend_acceleration_pct": -0.7197095174638513,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": 24.898,
      "buyer_yoy_all_avg_pct": 6.4352,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 41.20330041866023,
      "market_share_change_1y_pp": 4.153014311095291,
      "peer_best_share_pct": 54.203428513647545,
      "peer_top_exporter": "DEU",
      "supplier_count_latest": 32,
      "buyer_market_hhi": 4643.12,
      "distance_km": 173.03326416015625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.5746836478544866,
      "max_drawdown_pct": 72.23665290757076,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 252220,
      "corridor_rank": 8,
      "exporter_iso3": "BEL",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 4696894.548082436,
      "exports_all_year_avg_usd": 3713105.7232087287,
      "exports_avg_3y_usd": 4609864.904155731,
      "exports_avg_5y_usd": 4169365.052499539,
      "exports_avg_10y_usd": 3843388.3751223446,
      "exports_cagr_3y_pct": 10.3143670364916,
      "exports_cagr_5y_pct": 4.988510898180798,
      "exports_cagr_10y_pct": -0.9308001831423884,
      "exports_historical_peak_usd": 5572740.94949534,
      "buyer_imports_latest_observed_usd": 26676101.122676168,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 56,
      "trend_acceleration_pct": 11.245167219633988,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 6.976,
      "buyer_yoy_all_avg_pct": 8.8844,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 17.607125293470325,
      "market_share_change_1y_pp": -4.740568492815935,
      "peer_best_share_pct": 41.896514418832325,
      "peer_top_exporter": "GBR",
      "supplier_count_latest": 22,
      "buyer_market_hhi": 2651.79,
      "distance_km": 262.384521484375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.345111493541952,
      "max_drawdown_pct": 50.33881266991826,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 252220,
      "corridor_rank": 18,
      "exporter_iso3": "BEL",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 1447894.0631779379,
      "exports_all_year_avg_usd": 1771284.198450312,
      "exports_avg_3y_usd": 1478418.9627793757,
      "exports_avg_5y_usd": 1175323.3354058794,
      "exports_avg_10y_usd": 1284589.781754034,
      "exports_cagr_3y_pct": 20.468478710932892,
      "exports_cagr_5y_pct": 1.6315653811638464,
      "exports_cagr_10y_pct": -4.573084613376299,
      "exports_historical_peak_usd": 3756944.1347026243,
      "buyer_imports_latest_observed_usd": 13387232.213335559,
      "historical_peak_year": 2008,
      "positive_growth_year_share_pct": 60,
      "trend_acceleration_pct": 25.04156332430919,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -15.3664,
      "buyer_yoy_all_avg_pct": 7.0807,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 10.815484785089726,
      "market_share_change_1y_pp": 0.976766597487071,
      "peer_best_share_pct": 29.43729414565818,
      "peer_top_exporter": "AUT",
      "supplier_count_latest": 33,
      "buyer_market_hhi": 2015.95,
      "distance_km": 196.8760986328125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.540213416533138,
      "max_drawdown_pct": 83.67834444122916,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 252220,
      "corridor_rank": 39,
      "exporter_iso3": "BEL",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 24,
      "exports_latest_observed_usd": 105683.17598042314,
      "exports_all_year_avg_usd": 91673.21253612557,
      "exports_avg_3y_usd": 51439.43614923428,
      "exports_avg_5y_usd": 53460.66045515695,
      "exports_avg_10y_usd": 66362.38030955354,
      "exports_cagr_3y_pct": 10.644405069481433,
      "exports_cagr_5y_pct": 21.50223191214662,
      "exports_cagr_10y_pct": -4.479667503967633,
      "exports_historical_peak_usd": 259032.30767181574,
      "buyer_imports_latest_observed_usd": 22186401.872233503,
      "historical_peak_year": 2013,
      "positive_growth_year_share_pct": 52.17391304347826,
      "trend_acceleration_pct": 15.124072573449066,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 27.0909,
      "buyer_yoy_all_avg_pct": 9.2349,
      "buyer_trend_consistency_pct": 72.4138,
      "market_share_latest_pct": 0.4763421152696538,
      "market_share_change_1y_pp": 0.3922263863847838,
      "peer_best_share_pct": 49.00642568136742,
      "peer_top_exporter": "MEX",
      "supplier_count_latest": 28,
      "buyer_market_hhi": 3143.77,
      "distance_km": 5891.71142578125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.0467447546369697,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.7816359007934548,
      "max_drawdown_pct": 94.33114238150726,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 252220,
    "num_markets": 91,
    "highest_price_importer_iso3": "CAN",
    "highest_price_usd_per_ton": 84684.21052631579,
    "lowest_price_importer_iso3": "CHE",
    "lowest_price_usd_per_ton": 98.33465503568597,
    "median_price_across_markets": 329.1600685599156,
    "price_spread_pct": 25697.49005137399,
    "avg_quantity_metric_tons": 1012.677591503268,
    "total_trade_value_usd": 67391297
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 14097354.54771899,
      "active_destinations": 63,
      "yoy_growth_pct": -31.624958868712238
    },
    {
      "year": 2011,
      "export_value_usd": 17235294.977644913,
      "active_destinations": 59,
      "yoy_growth_pct": 22.259072929634545
    },
    {
      "year": 2012,
      "export_value_usd": 16992912.23885179,
      "active_destinations": 65,
      "yoy_growth_pct": -1.4063161617338533
    },
    {
      "year": 2013,
      "export_value_usd": 15714673.575189939,
      "active_destinations": 63,
      "yoy_growth_pct": -7.52218716659612
    },
    {
      "year": 2014,
      "export_value_usd": 16468856.702119958,
      "active_destinations": 63,
      "yoy_growth_pct": 4.799228716533511
    },
    {
      "year": 2015,
      "export_value_usd": 17982495.012192972,
      "active_destinations": 64,
      "yoy_growth_pct": 9.190913112251264
    },
    {
      "year": 2016,
      "export_value_usd": 17444009.00371762,
      "active_destinations": 66,
      "yoy_growth_pct": -2.994501086252121
    },
    {
      "year": 2017,
      "export_value_usd": 14606518.427950429,
      "active_destinations": 69,
      "yoy_growth_pct": -16.26627557439619
    },
    {
      "year": 2018,
      "export_value_usd": 15022624.384858644,
      "active_destinations": 77,
      "yoy_growth_pct": 2.8487689175263813
    },
    {
      "year": 2019,
      "export_value_usd": 14975926.435921125,
      "active_destinations": 66,
      "yoy_growth_pct": -0.31085080569933937
    },
    {
      "year": 2020,
      "export_value_usd": 12022903.652677074,
      "active_destinations": 62,
      "yoy_growth_pct": -19.718464803359055
    },
    {
      "year": 2021,
      "export_value_usd": 13941617.396111432,
      "active_destinations": 67,
      "yoy_growth_pct": 15.958821586390478
    },
    {
      "year": 2022,
      "export_value_usd": 12177687.990187962,
      "active_destinations": 70,
      "yoy_growth_pct": -12.652258025783022
    },
    {
      "year": 2023,
      "export_value_usd": 14842830.453197455,
      "active_destinations": 57,
      "yoy_growth_pct": 21.88545531103197
    },
    {
      "year": 2024,
      "export_value_usd": 15759810.928941976,
      "active_destinations": 54,
      "yoy_growth_pct": 6.177935392012677
    }
  ],
  "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
  }
}