{
  "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/285000",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/285000",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/285000",
    "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": "285000",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 151,
    "current_lane_count": 67,
    "active_market_count": 67,
    "exports_latest_observed_lanes_usd": 15863702.887840461,
    "exports_current_2024_usd": 15591525.83579505,
    "exports_avg_3y_usd": 15669027.294226304,
    "exports_avg_5y_usd": 15936386.046988463,
    "exports_avg_10y_usd": 16545429.61758032,
    "exports_cagr_3y_pct": 0.8774306924721476,
    "exports_cagr_5y_pct": -4.185407963780364,
    "exports_cagr_10y_pct": 10.472608676885597,
    "exports_all_year_lane_avg_usd": 9854049.160999797,
    "exports_historical_lane_peak_usd": 32188480.606609218,
    "historical_peak_year": 2018,
    "positive_growth_year_share_pct": 56,
    "trend_acceleration_pct": -9.59517798441345,
    "trend_label": "Stable",
    "top_market_iso3": "SWE",
    "top_market_exports_usd": 6600757.730229415,
    "top_market_share_pct": 41.609186561914875,
    "destination_hhi": 2210.3639717483147,
    "weighted_share_latest_pct": 32.50125337019834,
    "weighted_share_change_1y_pp": 6.97857370876402,
    "weighted_volatility_cv": 1.1665935680485893,
    "weighted_max_drawdown_pct": 84.33705312499758,
    "limited_history_lane_share_pct": 39.735099337748345,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 285000,
      "hs_description": "Hydrides, nitrides, azides, silicides and borides, whether or not chemically defined, other than compounds which are also carbides of heading no. 2849",
      "hs_chapter": 28,
      "hs_heading": 2850,
      "substitution_elasticity": null,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Hydrides, nitrides, azides, silicides and borides, whether or not chemically defined, other than compounds which are also carbides of heading no. 2849",
    "hs_chapter": 28,
    "hs_heading": 2850,
    "destinations": [
      {
        "hs_code": 285000,
        "corridor_rank": 26,
        "exporter_iso3": "BEL",
        "importer_iso3": "SWE",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 6600757.730229415,
        "exports_all_year_avg_usd": 1689053.6689424827,
        "exports_avg_3y_usd": 5301017.669416668,
        "exports_avg_5y_usd": 4447864.654229733,
        "exports_avg_10y_usd": 4284408.044988101,
        "exports_cagr_3y_pct": 51.05401999081318,
        "exports_cagr_5y_pct": 3.488093411505866,
        "exports_cagr_10y_pct": 90.78243437368705,
        "exports_historical_peak_usd": 6600757.730229415,
        "buyer_imports_latest_observed_usd": 10750139.948942857,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 60,
        "trend_acceleration_pct": -39.72841438287387,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -1.8609,
        "buyer_yoy_all_avg_pct": 3.7296,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 61.4015981334133,
        "market_share_change_1y_pp": 12.998659090884757,
        "peer_best_share_pct": 61.4015981334133,
        "peer_top_exporter": "BEL",
        "supplier_count_latest": 14,
        "buyer_market_hhi": 4169.97,
        "distance_km": 1283.7164306640625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.02074849988080808,
        "tariff_advantage_pp": 0.02074849988080808,
        "volatility_cv": 1.3986127931473875,
        "max_drawdown_pct": 97.58574128821074,
        "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": 285000,
        "corridor_rank": 51,
        "exporter_iso3": "BEL",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 2200516.7258739257,
        "exports_all_year_avg_usd": 1749297.2067413023,
        "exports_avg_3y_usd": 3287218.263557471,
        "exports_avg_5y_usd": 3535619.730776721,
        "exports_avg_10y_usd": 3190208.836909927,
        "exports_cagr_3y_pct": -20.55508959032982,
        "exports_cagr_5y_pct": -7.372126999305295,
        "exports_cagr_10y_pct": 12.32974629905257,
        "exports_historical_peak_usd": 4603165.232005831,
        "buyer_imports_latest_observed_usd": 21257480.621995162,
        "historical_peak_year": 2018,
        "positive_growth_year_share_pct": 44,
        "trend_acceleration_pct": -32.88483588938239,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -19.0204,
        "buyer_yoy_all_avg_pct": 2.7551,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 10.35172871613509,
        "market_share_change_1y_pp": -1.3748539159062378,
        "peer_best_share_pct": 38.30343918640718,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 27,
        "buyer_market_hhi": 2292.22,
        "distance_km": 262.384521484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.7803483482566839,
        "max_drawdown_pct": 52.19557380704647,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 285000,
        "corridor_rank": 56,
        "exporter_iso3": "BEL",
        "importer_iso3": "IRL",
        "latest_data_year": 2024,
        "lane_data_years": 22,
        "exports_latest_observed_usd": 1641778.0990836683,
        "exports_all_year_avg_usd": 197436.3231832672,
        "exports_avg_3y_usd": 1250759.7717553724,
        "exports_avg_5y_usd": 765670.0650595328,
        "exports_avg_10y_usd": 417551.7903010387,
        "exports_cagr_3y_pct": 224.15462611001837,
        "exports_cagr_5y_pct": 83.32801171005266,
        "exports_cagr_10y_pct": 109.01949022979909,
        "exports_historical_peak_usd": 1641778.0990836683,
        "buyer_imports_latest_observed_usd": 11000696.980365701,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 66.66666666666667,
        "trend_acceleration_pct": 115.13513588021928,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 10.5583,
        "buyer_yoy_all_avg_pct": 11.2027,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 14.924309814314057,
        "market_share_change_1y_pp": 3.94083252622379,
        "peer_best_share_pct": 38.944233440069944,
        "peer_top_exporter": "ZAF",
        "supplier_count_latest": 13,
        "buyer_market_hhi": 2420.14,
        "distance_km": 775.6281127929688,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 2.19188490532112,
        "max_drawdown_pct": 99.98435491757304,
        "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"
      },
      {
        "hs_code": 285000,
        "corridor_rank": 58,
        "exporter_iso3": "BEL",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 1525078.1521121368,
        "exports_all_year_avg_usd": 1532696.8299608822,
        "exports_avg_3y_usd": 1666722.798047318,
        "exports_avg_5y_usd": 2035930.6144157648,
        "exports_avg_10y_usd": 2255996.823066397,
        "exports_cagr_3y_pct": -16.073049791793192,
        "exports_cagr_5y_pct": -11.780049298307071,
        "exports_cagr_10y_pct": 4.005259874562395,
        "exports_historical_peak_usd": 3695707.924845294,
        "buyer_imports_latest_observed_usd": 41629100.81668184,
        "historical_peak_year": 2018,
        "positive_growth_year_share_pct": 44,
        "trend_acceleration_pct": -20.078309666355587,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 8.5702,
        "buyer_yoy_all_avg_pct": 3.945,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 3.66349049629484,
        "market_share_change_1y_pp": -0.3598757034712121,
        "peer_best_share_pct": 24.790246890275576,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 43,
        "buyer_market_hhi": 1448.25,
        "distance_km": 196.8760986328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.5196530301234492,
        "max_drawdown_pct": 72.44931525059609,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 285000,
      "num_markets": 81,
      "highest_price_importer_iso3": "JPN",
      "highest_price_usd_per_ton": 6117000,
      "lowest_price_importer_iso3": "LUX",
      "lowest_price_usd_per_ton": 284.7213603078069,
      "median_price_across_markets": 56644.44444444444,
      "price_spread_pct": 10798.438114507107,
      "avg_quantity_metric_tons": 85.08873311897106,
      "total_trade_value_usd": 93408549
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 4880589.190426226,
        "active_destinations": 80,
        "yoy_growth_pct": 24.675597757022615
      },
      {
        "year": 2011,
        "export_value_usd": 4457526.586758288,
        "active_destinations": 65,
        "yoy_growth_pct": -8.668269079024693
      },
      {
        "year": 2012,
        "export_value_usd": 4263033.6247466495,
        "active_destinations": 69,
        "yoy_growth_pct": -4.363248501745495
      },
      {
        "year": 2013,
        "export_value_usd": 5490971.964110279,
        "active_destinations": 63,
        "yoy_growth_pct": 28.804331550084967
      },
      {
        "year": 2014,
        "export_value_usd": 5758939.604770448,
        "active_destinations": 66,
        "yoy_growth_pct": 4.880149496512468
      },
      {
        "year": 2015,
        "export_value_usd": 7150706.9961709175,
        "active_destinations": 65,
        "yoy_growth_pct": 24.167077394727173
      },
      {
        "year": 2016,
        "export_value_usd": 16273237.28370552,
        "active_destinations": 65,
        "yoy_growth_pct": 127.57522147697512
      },
      {
        "year": 2017,
        "export_value_usd": 19795909.92123416,
        "active_destinations": 77,
        "yoy_growth_pct": 21.647030496236372
      },
      {
        "year": 2018,
        "export_value_usd": 23244820.516011167,
        "active_destinations": 68,
        "yoy_growth_pct": 17.422339303926208
      },
      {
        "year": 2019,
        "export_value_usd": 19307691.223739147,
        "active_destinations": 73,
        "yoy_growth_pct": -16.937662691609525
      },
      {
        "year": 2020,
        "export_value_usd": 17486638.76477694,
        "active_destinations": 72,
        "yoy_growth_pct": -9.431746332897585
      },
      {
        "year": 2021,
        "export_value_usd": 15188209.587486442,
        "active_destinations": 64,
        "yoy_growth_pct": -13.143916382147658
      },
      {
        "year": 2022,
        "export_value_usd": 16592329.99512311,
        "active_destinations": 65,
        "yoy_growth_pct": 9.244805317892919
      },
      {
        "year": 2023,
        "export_value_usd": 14823226.051760752,
        "active_destinations": 59,
        "yoy_growth_pct": -10.662179114580903
      },
      {
        "year": 2024,
        "export_value_usd": 15591525.83579505,
        "active_destinations": 67,
        "yoy_growth_pct": 5.183080804080685
      }
    ],
    "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": "285000",
    "hs_description": "Hydrides, nitrides, azides, silicides and borides, whether or not chemically defined, other than compounds which are also carbides of heading no. 2849",
    "hs_chapter": 28,
    "hs_heading": 2850
  },
  "destinations": [
    {
      "hs_code": 285000,
      "corridor_rank": 26,
      "exporter_iso3": "BEL",
      "importer_iso3": "SWE",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 6600757.730229415,
      "exports_all_year_avg_usd": 1689053.6689424827,
      "exports_avg_3y_usd": 5301017.669416668,
      "exports_avg_5y_usd": 4447864.654229733,
      "exports_avg_10y_usd": 4284408.044988101,
      "exports_cagr_3y_pct": 51.05401999081318,
      "exports_cagr_5y_pct": 3.488093411505866,
      "exports_cagr_10y_pct": 90.78243437368705,
      "exports_historical_peak_usd": 6600757.730229415,
      "buyer_imports_latest_observed_usd": 10750139.948942857,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 60,
      "trend_acceleration_pct": -39.72841438287387,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -1.8609,
      "buyer_yoy_all_avg_pct": 3.7296,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 61.4015981334133,
      "market_share_change_1y_pp": 12.998659090884757,
      "peer_best_share_pct": 61.4015981334133,
      "peer_top_exporter": "BEL",
      "supplier_count_latest": 14,
      "buyer_market_hhi": 4169.97,
      "distance_km": 1283.7164306640625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.02074849988080808,
      "tariff_advantage_pp": 0.02074849988080808,
      "volatility_cv": 1.3986127931473875,
      "max_drawdown_pct": 97.58574128821074,
      "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": 285000,
      "corridor_rank": 51,
      "exporter_iso3": "BEL",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 2200516.7258739257,
      "exports_all_year_avg_usd": 1749297.2067413023,
      "exports_avg_3y_usd": 3287218.263557471,
      "exports_avg_5y_usd": 3535619.730776721,
      "exports_avg_10y_usd": 3190208.836909927,
      "exports_cagr_3y_pct": -20.55508959032982,
      "exports_cagr_5y_pct": -7.372126999305295,
      "exports_cagr_10y_pct": 12.32974629905257,
      "exports_historical_peak_usd": 4603165.232005831,
      "buyer_imports_latest_observed_usd": 21257480.621995162,
      "historical_peak_year": 2018,
      "positive_growth_year_share_pct": 44,
      "trend_acceleration_pct": -32.88483588938239,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -19.0204,
      "buyer_yoy_all_avg_pct": 2.7551,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 10.35172871613509,
      "market_share_change_1y_pp": -1.3748539159062378,
      "peer_best_share_pct": 38.30343918640718,
      "peer_top_exporter": "DEU",
      "supplier_count_latest": 27,
      "buyer_market_hhi": 2292.22,
      "distance_km": 262.384521484375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.7803483482566839,
      "max_drawdown_pct": 52.19557380704647,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 285000,
      "corridor_rank": 56,
      "exporter_iso3": "BEL",
      "importer_iso3": "IRL",
      "latest_data_year": 2024,
      "lane_data_years": 22,
      "exports_latest_observed_usd": 1641778.0990836683,
      "exports_all_year_avg_usd": 197436.3231832672,
      "exports_avg_3y_usd": 1250759.7717553724,
      "exports_avg_5y_usd": 765670.0650595328,
      "exports_avg_10y_usd": 417551.7903010387,
      "exports_cagr_3y_pct": 224.15462611001837,
      "exports_cagr_5y_pct": 83.32801171005266,
      "exports_cagr_10y_pct": 109.01949022979909,
      "exports_historical_peak_usd": 1641778.0990836683,
      "buyer_imports_latest_observed_usd": 11000696.980365701,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 66.66666666666667,
      "trend_acceleration_pct": 115.13513588021928,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 10.5583,
      "buyer_yoy_all_avg_pct": 11.2027,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 14.924309814314057,
      "market_share_change_1y_pp": 3.94083252622379,
      "peer_best_share_pct": 38.944233440069944,
      "peer_top_exporter": "ZAF",
      "supplier_count_latest": 13,
      "buyer_market_hhi": 2420.14,
      "distance_km": 775.6281127929688,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 2.19188490532112,
      "max_drawdown_pct": 99.98435491757304,
      "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"
    },
    {
      "hs_code": 285000,
      "corridor_rank": 58,
      "exporter_iso3": "BEL",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 1525078.1521121368,
      "exports_all_year_avg_usd": 1532696.8299608822,
      "exports_avg_3y_usd": 1666722.798047318,
      "exports_avg_5y_usd": 2035930.6144157648,
      "exports_avg_10y_usd": 2255996.823066397,
      "exports_cagr_3y_pct": -16.073049791793192,
      "exports_cagr_5y_pct": -11.780049298307071,
      "exports_cagr_10y_pct": 4.005259874562395,
      "exports_historical_peak_usd": 3695707.924845294,
      "buyer_imports_latest_observed_usd": 41629100.81668184,
      "historical_peak_year": 2018,
      "positive_growth_year_share_pct": 44,
      "trend_acceleration_pct": -20.078309666355587,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": 8.5702,
      "buyer_yoy_all_avg_pct": 3.945,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 3.66349049629484,
      "market_share_change_1y_pp": -0.3598757034712121,
      "peer_best_share_pct": 24.790246890275576,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 43,
      "buyer_market_hhi": 1448.25,
      "distance_km": 196.8760986328125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.5196530301234492,
      "max_drawdown_pct": 72.44931525059609,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 285000,
    "num_markets": 81,
    "highest_price_importer_iso3": "JPN",
    "highest_price_usd_per_ton": 6117000,
    "lowest_price_importer_iso3": "LUX",
    "lowest_price_usd_per_ton": 284.7213603078069,
    "median_price_across_markets": 56644.44444444444,
    "price_spread_pct": 10798.438114507107,
    "avg_quantity_metric_tons": 85.08873311897106,
    "total_trade_value_usd": 93408549
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 4880589.190426226,
      "active_destinations": 80,
      "yoy_growth_pct": 24.675597757022615
    },
    {
      "year": 2011,
      "export_value_usd": 4457526.586758288,
      "active_destinations": 65,
      "yoy_growth_pct": -8.668269079024693
    },
    {
      "year": 2012,
      "export_value_usd": 4263033.6247466495,
      "active_destinations": 69,
      "yoy_growth_pct": -4.363248501745495
    },
    {
      "year": 2013,
      "export_value_usd": 5490971.964110279,
      "active_destinations": 63,
      "yoy_growth_pct": 28.804331550084967
    },
    {
      "year": 2014,
      "export_value_usd": 5758939.604770448,
      "active_destinations": 66,
      "yoy_growth_pct": 4.880149496512468
    },
    {
      "year": 2015,
      "export_value_usd": 7150706.9961709175,
      "active_destinations": 65,
      "yoy_growth_pct": 24.167077394727173
    },
    {
      "year": 2016,
      "export_value_usd": 16273237.28370552,
      "active_destinations": 65,
      "yoy_growth_pct": 127.57522147697512
    },
    {
      "year": 2017,
      "export_value_usd": 19795909.92123416,
      "active_destinations": 77,
      "yoy_growth_pct": 21.647030496236372
    },
    {
      "year": 2018,
      "export_value_usd": 23244820.516011167,
      "active_destinations": 68,
      "yoy_growth_pct": 17.422339303926208
    },
    {
      "year": 2019,
      "export_value_usd": 19307691.223739147,
      "active_destinations": 73,
      "yoy_growth_pct": -16.937662691609525
    },
    {
      "year": 2020,
      "export_value_usd": 17486638.76477694,
      "active_destinations": 72,
      "yoy_growth_pct": -9.431746332897585
    },
    {
      "year": 2021,
      "export_value_usd": 15188209.587486442,
      "active_destinations": 64,
      "yoy_growth_pct": -13.143916382147658
    },
    {
      "year": 2022,
      "export_value_usd": 16592329.99512311,
      "active_destinations": 65,
      "yoy_growth_pct": 9.244805317892919
    },
    {
      "year": 2023,
      "export_value_usd": 14823226.051760752,
      "active_destinations": 59,
      "yoy_growth_pct": -10.662179114580903
    },
    {
      "year": 2024,
      "export_value_usd": 15591525.83579505,
      "active_destinations": 67,
      "yoy_growth_pct": 5.183080804080685
    }
  ],
  "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
  }
}