{
  "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/260400",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/260400",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/260400",
    "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": "260400",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 38,
    "current_lane_count": 8,
    "active_market_count": 8,
    "exports_latest_observed_lanes_usd": 10679788.66622538,
    "exports_current_2024_usd": 7035322.073834454,
    "exports_avg_3y_usd": 2509117.9600770576,
    "exports_avg_5y_usd": 1529512.8861206663,
    "exports_avg_10y_usd": 1168725.2193788984,
    "exports_cagr_3y_pct": 469.9305650319592,
    "exports_cagr_5y_pct": 169.4746587693135,
    "exports_cagr_10y_pct": 62.04277065089301,
    "exports_all_year_lane_avg_usd": 5311571.53835399,
    "exports_historical_lane_peak_usd": 16329584.429325446,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 68,
    "trend_acceleration_pct": 407.88779438106616,
    "trend_label": "Rapid growth",
    "top_market_iso3": "CAN",
    "top_market_exports_usd": 6055696.190936002,
    "top_market_share_pct": 56.70239721210047,
    "destination_hhi": 4129.572629967348,
    "weighted_share_latest_pct": 6.025914529301022,
    "weighted_share_change_1y_pp": 4.82594481244444,
    "weighted_volatility_cv": 2.045209760719591,
    "weighted_max_drawdown_pct": 64.55103849170057,
    "limited_history_lane_share_pct": 71.05263157894737,
    "data_freshness_years": 0,
    "coverage_score": 74,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 260400,
      "hs_description": "Nickel ores and concentrates",
      "hs_chapter": 26,
      "hs_heading": 2604,
      "substitution_elasticity": null,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Nickel ores and concentrates",
    "hs_chapter": 26,
    "hs_heading": 2604,
    "destinations": [
      {
        "hs_code": 260400,
        "corridor_rank": 42,
        "exporter_iso3": "BEL",
        "importer_iso3": "CAN",
        "latest_data_year": 2024,
        "lane_data_years": 10,
        "exports_latest_observed_usd": 6055696.190936002,
        "exports_all_year_avg_usd": 623752.484205478,
        "exports_avg_3y_usd": 6055696.190936002,
        "exports_avg_5y_usd": 2018785.0333452264,
        "exports_avg_10y_usd": 1216988.3337744523,
        "exports_cagr_3y_pct": 1996.122437088267,
        "exports_cagr_5y_pct": 1293.3522107126794,
        "exports_cagr_10y_pct": 68.22061724927306,
        "exports_historical_peak_usd": 6055696.190936002,
        "buyer_imports_latest_observed_usd": 380420840.81867826,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 55.55555555555556,
        "trend_acceleration_pct": 1927.9018198389938,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -52.0248,
        "buyer_yoy_all_avg_pct": 45.6915,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 1.5918413349552412,
        "market_share_change_1y_pp": 1.5916681875712995,
        "peer_best_share_pct": 30.814144888521692,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 17,
        "buyer_market_hhi": 2366.11,
        "distance_km": 6031.53369140625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.07329710050202023,
        "tariff_advantage_pp": 0.07145157520060609,
        "volatility_cv": 2.9030161892241586,
        "max_drawdown_pct": 99.99795787200182,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 260400,
      "num_markets": 11,
      "highest_price_importer_iso3": "THA",
      "highest_price_usd_per_ton": 62460,
      "lowest_price_importer_iso3": "FRA",
      "lowest_price_usd_per_ton": 3.430917629854608,
      "median_price_across_markets": 9962.71152598213,
      "price_spread_pct": 626.9033176308208,
      "avg_quantity_metric_tons": 292.18988888888885,
      "total_trade_value_usd": 5764860
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 675480.4380998183,
        "active_destinations": 5,
        "yoy_growth_pct": -17.01736104549013
      },
      {
        "year": 2011,
        "export_value_usd": 1157521.4132498726,
        "active_destinations": 5,
        "yoy_growth_pct": 71.36268468500361
      },
      {
        "year": 2012,
        "export_value_usd": 1882458.1364111095,
        "active_destinations": 4,
        "yoy_growth_pct": 62.62836392165695
      },
      {
        "year": 2013,
        "export_value_usd": 1998114.2941091529,
        "active_destinations": 6,
        "yoy_growth_pct": 6.143890026608553
      },
      {
        "year": 2014,
        "export_value_usd": 56362.12793976812,
        "active_destinations": 4,
        "yoy_growth_pct": -97.17923403551363
      },
      {
        "year": 2015,
        "export_value_usd": 78799.69352150973,
        "active_destinations": 6,
        "yoy_growth_pct": 39.80964949676796
      },
      {
        "year": 2016,
        "export_value_usd": 237805.82557686296,
        "active_destinations": 5,
        "yoy_growth_pct": 201.78521634979427
      },
      {
        "year": 2017,
        "export_value_usd": 3659814.722707494,
        "active_destinations": 4,
        "yoy_growth_pct": 1438.9928795182434
      },
      {
        "year": 2018,
        "export_value_usd": 13757.361275545774,
        "active_destinations": 4,
        "yoy_growth_pct": -99.62409678309157
      },
      {
        "year": 2019,
        "export_value_usd": 49510.16010424303,
        "active_destinations": 4,
        "yoy_growth_pct": 259.8812236780406
      },
      {
        "year": 2020,
        "export_value_usd": 82207.52790855517,
        "active_destinations": 7,
        "yoy_growth_pct": 66.04173312198597
      },
      {
        "year": 2021,
        "export_value_usd": 38003.02246360329,
        "active_destinations": 4,
        "yoy_growth_pct": -53.77184616732844
      },
      {
        "year": 2022,
        "export_value_usd": 452507.24589974276,
        "active_destinations": 7,
        "yoy_growth_pct": 1090.7138342302205
      },
      {
        "year": 2023,
        "export_value_usd": 39524.560496974984,
        "active_destinations": 3,
        "yoy_growth_pct": -91.26543036490249
      },
      {
        "year": 2024,
        "export_value_usd": 7035322.073834454,
        "active_destinations": 8,
        "yoy_growth_pct": 17699.874268995107
      }
    ],
    "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": "260400",
    "hs_description": "Nickel ores and concentrates",
    "hs_chapter": 26,
    "hs_heading": 2604
  },
  "destinations": [
    {
      "hs_code": 260400,
      "corridor_rank": 42,
      "exporter_iso3": "BEL",
      "importer_iso3": "CAN",
      "latest_data_year": 2024,
      "lane_data_years": 10,
      "exports_latest_observed_usd": 6055696.190936002,
      "exports_all_year_avg_usd": 623752.484205478,
      "exports_avg_3y_usd": 6055696.190936002,
      "exports_avg_5y_usd": 2018785.0333452264,
      "exports_avg_10y_usd": 1216988.3337744523,
      "exports_cagr_3y_pct": 1996.122437088267,
      "exports_cagr_5y_pct": 1293.3522107126794,
      "exports_cagr_10y_pct": 68.22061724927306,
      "exports_historical_peak_usd": 6055696.190936002,
      "buyer_imports_latest_observed_usd": 380420840.81867826,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 55.55555555555556,
      "trend_acceleration_pct": 1927.9018198389938,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -52.0248,
      "buyer_yoy_all_avg_pct": 45.6915,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 1.5918413349552412,
      "market_share_change_1y_pp": 1.5916681875712995,
      "peer_best_share_pct": 30.814144888521692,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 17,
      "buyer_market_hhi": 2366.11,
      "distance_km": 6031.53369140625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.07329710050202023,
      "tariff_advantage_pp": 0.07145157520060609,
      "volatility_cv": 2.9030161892241586,
      "max_drawdown_pct": 99.99795787200182,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 260400,
    "num_markets": 11,
    "highest_price_importer_iso3": "THA",
    "highest_price_usd_per_ton": 62460,
    "lowest_price_importer_iso3": "FRA",
    "lowest_price_usd_per_ton": 3.430917629854608,
    "median_price_across_markets": 9962.71152598213,
    "price_spread_pct": 626.9033176308208,
    "avg_quantity_metric_tons": 292.18988888888885,
    "total_trade_value_usd": 5764860
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 675480.4380998183,
      "active_destinations": 5,
      "yoy_growth_pct": -17.01736104549013
    },
    {
      "year": 2011,
      "export_value_usd": 1157521.4132498726,
      "active_destinations": 5,
      "yoy_growth_pct": 71.36268468500361
    },
    {
      "year": 2012,
      "export_value_usd": 1882458.1364111095,
      "active_destinations": 4,
      "yoy_growth_pct": 62.62836392165695
    },
    {
      "year": 2013,
      "export_value_usd": 1998114.2941091529,
      "active_destinations": 6,
      "yoy_growth_pct": 6.143890026608553
    },
    {
      "year": 2014,
      "export_value_usd": 56362.12793976812,
      "active_destinations": 4,
      "yoy_growth_pct": -97.17923403551363
    },
    {
      "year": 2015,
      "export_value_usd": 78799.69352150973,
      "active_destinations": 6,
      "yoy_growth_pct": 39.80964949676796
    },
    {
      "year": 2016,
      "export_value_usd": 237805.82557686296,
      "active_destinations": 5,
      "yoy_growth_pct": 201.78521634979427
    },
    {
      "year": 2017,
      "export_value_usd": 3659814.722707494,
      "active_destinations": 4,
      "yoy_growth_pct": 1438.9928795182434
    },
    {
      "year": 2018,
      "export_value_usd": 13757.361275545774,
      "active_destinations": 4,
      "yoy_growth_pct": -99.62409678309157
    },
    {
      "year": 2019,
      "export_value_usd": 49510.16010424303,
      "active_destinations": 4,
      "yoy_growth_pct": 259.8812236780406
    },
    {
      "year": 2020,
      "export_value_usd": 82207.52790855517,
      "active_destinations": 7,
      "yoy_growth_pct": 66.04173312198597
    },
    {
      "year": 2021,
      "export_value_usd": 38003.02246360329,
      "active_destinations": 4,
      "yoy_growth_pct": -53.77184616732844
    },
    {
      "year": 2022,
      "export_value_usd": 452507.24589974276,
      "active_destinations": 7,
      "yoy_growth_pct": 1090.7138342302205
    },
    {
      "year": 2023,
      "export_value_usd": 39524.560496974984,
      "active_destinations": 3,
      "yoy_growth_pct": -91.26543036490249
    },
    {
      "year": 2024,
      "export_value_usd": 7035322.073834454,
      "active_destinations": 8,
      "yoy_growth_pct": 17699.874268995107
    }
  ],
  "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
  }
}