{
  "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/282540",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/282540",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/282540",
    "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": "282540",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 123,
    "current_lane_count": 32,
    "active_market_count": 32,
    "exports_latest_observed_lanes_usd": 3901776.1148472116,
    "exports_current_2024_usd": 3506565.433542398,
    "exports_avg_3y_usd": 5418847.60976074,
    "exports_avg_5y_usd": 4791910.738508984,
    "exports_avg_10y_usd": 3858355.311946922,
    "exports_cagr_3y_pct": -11.506673900621866,
    "exports_cagr_5y_pct": -1.566217521974489,
    "exports_cagr_10y_pct": 6.509786930298667,
    "exports_all_year_lane_avg_usd": 4529769.037680583,
    "exports_historical_lane_peak_usd": 22126767.07056909,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 56,
    "trend_acceleration_pct": -18.016460830920533,
    "trend_label": "Rapid decline",
    "top_market_iso3": "IND",
    "top_market_exports_usd": 799610.5830077983,
    "top_market_share_pct": 20.49350243252258,
    "destination_hhi": 1030.3019682419304,
    "weighted_share_latest_pct": 16.410890449102396,
    "weighted_share_change_1y_pp": -0.047128303692383244,
    "weighted_volatility_cv": 1.1889401755669065,
    "weighted_max_drawdown_pct": 96.9181680665664,
    "limited_history_lane_share_pct": 52.84552845528455,
    "data_freshness_years": 0,
    "coverage_score": 86,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 282540,
      "hs_description": "Nickel oxides and hydroxides",
      "hs_chapter": 28,
      "hs_heading": 2825,
      "substitution_elasticity": -29.050322,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Nickel oxides and hydroxides",
    "hs_chapter": 28,
    "hs_heading": 2825,
    "destinations": [
      {
        "hs_code": 282540,
        "corridor_rank": 26,
        "exporter_iso3": "BEL",
        "importer_iso3": "IND",
        "latest_data_year": 2024,
        "lane_data_years": 22,
        "exports_latest_observed_usd": 799610.5830077983,
        "exports_all_year_avg_usd": 262288.10874115484,
        "exports_avg_3y_usd": 772854.566180467,
        "exports_avg_5y_usd": 622787.2122602339,
        "exports_avg_10y_usd": 386937.8427259474,
        "exports_cagr_3y_pct": 24.86346809061026,
        "exports_cagr_5y_pct": 598.0968128251163,
        "exports_cagr_10y_pct": 11.481640661662794,
        "exports_historical_peak_usd": 1325193.0840936827,
        "buyer_imports_latest_observed_usd": 27023196.016258318,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 57.142857142857146,
        "trend_acceleration_pct": 13.381827428947467,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -28.5248,
        "buyer_yoy_all_avg_pct": 58.6982,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 2.958978584645273,
        "market_share_change_1y_pp": 2.4464915693183,
        "peer_best_share_pct": 47.52165718590911,
        "peer_top_exporter": "AUS",
        "supplier_count_latest": 19,
        "buyer_market_hhi": 2921.17,
        "distance_km": 6419.5986328125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.5323102001373737,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.2348597998485715,
        "max_drawdown_pct": 99.99385222690827,
        "attention_level": "Watch",
        "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"
      },
      {
        "hs_code": 282540,
        "corridor_rank": 30,
        "exporter_iso3": "BEL",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 22,
        "exports_latest_observed_usd": 376080.49824165576,
        "exports_all_year_avg_usd": 187468.51340939922,
        "exports_avg_3y_usd": 442549.4598253598,
        "exports_avg_5y_usd": 326806.02418655803,
        "exports_avg_10y_usd": 233721.52205838636,
        "exports_cagr_3y_pct": 31.18074892587448,
        "exports_cagr_5y_pct": 12.460291225563068,
        "exports_cagr_10y_pct": 8.692974225241912,
        "exports_historical_peak_usd": 951384.6523836902,
        "buyer_imports_latest_observed_usd": 38364229.5114566,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 52.38095238095238,
        "trend_acceleration_pct": 22.487774700632567,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -32.3706,
        "buyer_yoy_all_avg_pct": 17.0148,
        "buyer_trend_consistency_pct": 44.8276,
        "market_share_latest_pct": 0.9802894598191989,
        "market_share_change_1y_pp": 0.9799664594723894,
        "peer_best_share_pct": 79.52292104071277,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 22,
        "buyer_market_hhi": 6403.76,
        "distance_km": 5891.71142578125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.0467447546369697,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.1229620352030965,
        "max_drawdown_pct": 99.98074082335947,
        "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": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 282540,
      "num_markets": 44,
      "highest_price_importer_iso3": "AUT",
      "highest_price_usd_per_ton": 239000,
      "lowest_price_importer_iso3": "VNM",
      "lowest_price_usd_per_ton": 99.69165025765638,
      "median_price_across_markets": 20409.52380952381,
      "price_spread_pct": 1170.5334753487143,
      "avg_quantity_metric_tons": 30.51284732824427,
      "total_trade_value_usd": 25423071
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 1598402.1784968807,
        "active_destinations": 35,
        "yoy_growth_pct": -44.27305275339614
      },
      {
        "year": 2011,
        "export_value_usd": 2855726.1676966986,
        "active_destinations": 39,
        "yoy_growth_pct": 78.66130352638729
      },
      {
        "year": 2012,
        "export_value_usd": 1411451.9992880686,
        "active_destinations": 31,
        "yoy_growth_pct": -50.574672906174236
      },
      {
        "year": 2013,
        "export_value_usd": 2815341.147676471,
        "active_destinations": 28,
        "yoy_growth_pct": 99.4641793767354
      },
      {
        "year": 2014,
        "export_value_usd": 1866322.9150809352,
        "active_destinations": 34,
        "yoy_growth_pct": -33.70881832131676
      },
      {
        "year": 2015,
        "export_value_usd": 1805874.2082442874,
        "active_destinations": 24,
        "yoy_growth_pct": -3.2389200361946147
      },
      {
        "year": 2016,
        "export_value_usd": 2117161.586310434,
        "active_destinations": 34,
        "yoy_growth_pct": 17.237489557414275
      },
      {
        "year": 2017,
        "export_value_usd": 3518301.5956339994,
        "active_destinations": 31,
        "yoy_growth_pct": 66.18011673664098
      },
      {
        "year": 2018,
        "export_value_usd": 3388105.0637095985,
        "active_destinations": 33,
        "yoy_growth_pct": -3.700550631758431
      },
      {
        "year": 2019,
        "export_value_usd": 3794556.9730259757,
        "active_destinations": 27,
        "yoy_growth_pct": 11.996437586010323
      },
      {
        "year": 2020,
        "export_value_usd": 2643012.3279481563,
        "active_destinations": 27,
        "yoy_growth_pct": -30.347275143414652
      },
      {
        "year": 2021,
        "export_value_usd": 5059998.535314546,
        "active_destinations": 35,
        "yoy_growth_pct": 91.44816245495015
      },
      {
        "year": 2022,
        "export_value_usd": 9077753.368197728,
        "active_destinations": 31,
        "yoy_growth_pct": 79.40229240863654
      },
      {
        "year": 2023,
        "export_value_usd": 3672224.0275420947,
        "active_destinations": 30,
        "yoy_growth_pct": -59.54699496015095
      },
      {
        "year": 2024,
        "export_value_usd": 3506565.433542398,
        "active_destinations": 32,
        "yoy_growth_pct": -4.51112439647578
      }
    ],
    "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": "282540",
    "hs_description": "Nickel oxides and hydroxides",
    "hs_chapter": 28,
    "hs_heading": 2825
  },
  "destinations": [
    {
      "hs_code": 282540,
      "corridor_rank": 26,
      "exporter_iso3": "BEL",
      "importer_iso3": "IND",
      "latest_data_year": 2024,
      "lane_data_years": 22,
      "exports_latest_observed_usd": 799610.5830077983,
      "exports_all_year_avg_usd": 262288.10874115484,
      "exports_avg_3y_usd": 772854.566180467,
      "exports_avg_5y_usd": 622787.2122602339,
      "exports_avg_10y_usd": 386937.8427259474,
      "exports_cagr_3y_pct": 24.86346809061026,
      "exports_cagr_5y_pct": 598.0968128251163,
      "exports_cagr_10y_pct": 11.481640661662794,
      "exports_historical_peak_usd": 1325193.0840936827,
      "buyer_imports_latest_observed_usd": 27023196.016258318,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 57.142857142857146,
      "trend_acceleration_pct": 13.381827428947467,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -28.5248,
      "buyer_yoy_all_avg_pct": 58.6982,
      "buyer_trend_consistency_pct": 48.2759,
      "market_share_latest_pct": 2.958978584645273,
      "market_share_change_1y_pp": 2.4464915693183,
      "peer_best_share_pct": 47.52165718590911,
      "peer_top_exporter": "AUS",
      "supplier_count_latest": 19,
      "buyer_market_hhi": 2921.17,
      "distance_km": 6419.5986328125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.5323102001373737,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.2348597998485715,
      "max_drawdown_pct": 99.99385222690827,
      "attention_level": "Watch",
      "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"
    },
    {
      "hs_code": 282540,
      "corridor_rank": 30,
      "exporter_iso3": "BEL",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 22,
      "exports_latest_observed_usd": 376080.49824165576,
      "exports_all_year_avg_usd": 187468.51340939922,
      "exports_avg_3y_usd": 442549.4598253598,
      "exports_avg_5y_usd": 326806.02418655803,
      "exports_avg_10y_usd": 233721.52205838636,
      "exports_cagr_3y_pct": 31.18074892587448,
      "exports_cagr_5y_pct": 12.460291225563068,
      "exports_cagr_10y_pct": 8.692974225241912,
      "exports_historical_peak_usd": 951384.6523836902,
      "buyer_imports_latest_observed_usd": 38364229.5114566,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 52.38095238095238,
      "trend_acceleration_pct": 22.487774700632567,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -32.3706,
      "buyer_yoy_all_avg_pct": 17.0148,
      "buyer_trend_consistency_pct": 44.8276,
      "market_share_latest_pct": 0.9802894598191989,
      "market_share_change_1y_pp": 0.9799664594723894,
      "peer_best_share_pct": 79.52292104071277,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 22,
      "buyer_market_hhi": 6403.76,
      "distance_km": 5891.71142578125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.0467447546369697,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.1229620352030965,
      "max_drawdown_pct": 99.98074082335947,
      "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": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 282540,
    "num_markets": 44,
    "highest_price_importer_iso3": "AUT",
    "highest_price_usd_per_ton": 239000,
    "lowest_price_importer_iso3": "VNM",
    "lowest_price_usd_per_ton": 99.69165025765638,
    "median_price_across_markets": 20409.52380952381,
    "price_spread_pct": 1170.5334753487143,
    "avg_quantity_metric_tons": 30.51284732824427,
    "total_trade_value_usd": 25423071
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 1598402.1784968807,
      "active_destinations": 35,
      "yoy_growth_pct": -44.27305275339614
    },
    {
      "year": 2011,
      "export_value_usd": 2855726.1676966986,
      "active_destinations": 39,
      "yoy_growth_pct": 78.66130352638729
    },
    {
      "year": 2012,
      "export_value_usd": 1411451.9992880686,
      "active_destinations": 31,
      "yoy_growth_pct": -50.574672906174236
    },
    {
      "year": 2013,
      "export_value_usd": 2815341.147676471,
      "active_destinations": 28,
      "yoy_growth_pct": 99.4641793767354
    },
    {
      "year": 2014,
      "export_value_usd": 1866322.9150809352,
      "active_destinations": 34,
      "yoy_growth_pct": -33.70881832131676
    },
    {
      "year": 2015,
      "export_value_usd": 1805874.2082442874,
      "active_destinations": 24,
      "yoy_growth_pct": -3.2389200361946147
    },
    {
      "year": 2016,
      "export_value_usd": 2117161.586310434,
      "active_destinations": 34,
      "yoy_growth_pct": 17.237489557414275
    },
    {
      "year": 2017,
      "export_value_usd": 3518301.5956339994,
      "active_destinations": 31,
      "yoy_growth_pct": 66.18011673664098
    },
    {
      "year": 2018,
      "export_value_usd": 3388105.0637095985,
      "active_destinations": 33,
      "yoy_growth_pct": -3.700550631758431
    },
    {
      "year": 2019,
      "export_value_usd": 3794556.9730259757,
      "active_destinations": 27,
      "yoy_growth_pct": 11.996437586010323
    },
    {
      "year": 2020,
      "export_value_usd": 2643012.3279481563,
      "active_destinations": 27,
      "yoy_growth_pct": -30.347275143414652
    },
    {
      "year": 2021,
      "export_value_usd": 5059998.535314546,
      "active_destinations": 35,
      "yoy_growth_pct": 91.44816245495015
    },
    {
      "year": 2022,
      "export_value_usd": 9077753.368197728,
      "active_destinations": 31,
      "yoy_growth_pct": 79.40229240863654
    },
    {
      "year": 2023,
      "export_value_usd": 3672224.0275420947,
      "active_destinations": 30,
      "yoy_growth_pct": -59.54699496015095
    },
    {
      "year": 2024,
      "export_value_usd": 3506565.433542398,
      "active_destinations": 32,
      "yoy_growth_pct": -4.51112439647578
    }
  ],
  "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
  }
}