{
  "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/291211",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/291211",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/291211",
    "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": "291211",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 162,
    "current_lane_count": 83,
    "active_market_count": 83,
    "exports_latest_observed_lanes_usd": 23661090.643626954,
    "exports_current_2024_usd": 23213253.74995389,
    "exports_avg_3y_usd": 21663007.299381774,
    "exports_avg_5y_usd": 19080541.003132902,
    "exports_avg_10y_usd": 15000051.946654433,
    "exports_cagr_3y_pct": 9.142312551414843,
    "exports_cagr_5y_pct": 13.434162913903002,
    "exports_cagr_10y_pct": 4.628451661517485,
    "exports_all_year_lane_avg_usd": 11228197.827310521,
    "exports_historical_lane_peak_usd": 39073209.89066884,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 60,
    "trend_acceleration_pct": 4.513860889897358,
    "trend_label": "Growing",
    "top_market_iso3": "NLD",
    "top_market_exports_usd": 8501781.397012906,
    "top_market_share_pct": 35.931485682815875,
    "destination_hhi": 2106.0814725671157,
    "weighted_share_latest_pct": 56.23319288187436,
    "weighted_share_change_1y_pp": 1.1987311475234699,
    "weighted_volatility_cv": 1.3222387531772788,
    "weighted_max_drawdown_pct": 86.02577222019494,
    "limited_history_lane_share_pct": 24.691358024691358,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 291211,
      "hs_description": "Aldehydes: acyclic, without other oxygen function, methanal (formaldehyde)",
      "hs_chapter": 29,
      "hs_heading": 2912,
      "substitution_elasticity": -10.312428,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Aldehydes: acyclic, without other oxygen function, methanal (formaldehyde)",
    "hs_chapter": 29,
    "hs_heading": 2912,
    "destinations": [
      {
        "hs_code": 291211,
        "corridor_rank": 3,
        "exporter_iso3": "BEL",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 8501781.397012906,
        "exports_all_year_avg_usd": 3453747.2289579306,
        "exports_avg_3y_usd": 9081403.10280454,
        "exports_avg_5y_usd": 8330171.852211568,
        "exports_avg_10y_usd": 6742176.615667546,
        "exports_cagr_3y_pct": -0.874672412273414,
        "exports_cagr_5y_pct": 7.526705884293006,
        "exports_cagr_10y_pct": 4.605686821973665,
        "exports_historical_peak_usd": 10198553.675552001,
        "buyer_imports_latest_observed_usd": 10785173.72298435,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 44,
        "trend_acceleration_pct": -5.480359234247079,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": -13.2958,
        "buyer_yoy_all_avg_pct": 15.9367,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 78.82841403745502,
        "market_share_change_1y_pp": -3.159802712668025,
        "peer_best_share_pct": 78.82841403745503,
        "peer_top_exporter": "BEL",
        "supplier_count_latest": 31,
        "buyer_market_hhi": 6494.42,
        "distance_km": 173.03326416015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.9156514177213386,
        "max_drawdown_pct": 86.70923545377268,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 291211,
        "corridor_rank": 8,
        "exporter_iso3": "BEL",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 2358952.8290584264,
        "exports_all_year_avg_usd": 3019526.80724001,
        "exports_avg_3y_usd": 3395731.130626502,
        "exports_avg_5y_usd": 3110109.141452511,
        "exports_avg_10y_usd": 2990682.4606246306,
        "exports_cagr_3y_pct": -9.936926876093445,
        "exports_cagr_5y_pct": -2.7936918393280163,
        "exports_cagr_10y_pct": -3.5289458023028852,
        "exports_historical_peak_usd": 5896280.193837577,
        "buyer_imports_latest_observed_usd": 10529282.90908675,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 56,
        "trend_acceleration_pct": -6.407981073790559,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": 15.4022,
        "buyer_yoy_all_avg_pct": 4.2712,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 22.403736792205045,
        "market_share_change_1y_pp": -11.749150994640864,
        "peer_best_share_pct": 26.010823089260565,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 26,
        "buyer_market_hhi": 2027.93,
        "distance_km": 262.384521484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.4022732652659647,
        "max_drawdown_pct": 72.59623069727617,
        "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": 291211,
        "corridor_rank": 9,
        "exporter_iso3": "BEL",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 2003041.033620017,
        "exports_all_year_avg_usd": 1748327.4851306952,
        "exports_avg_3y_usd": 2010421.2309743061,
        "exports_avg_5y_usd": 1574466.6985973283,
        "exports_avg_10y_usd": 1141067.1450994436,
        "exports_cagr_3y_pct": 23.736999521903336,
        "exports_cagr_5y_pct": 21.55216998372238,
        "exports_cagr_10y_pct": -6.276494273367572,
        "exports_historical_peak_usd": 6528184.282109121,
        "buyer_imports_latest_observed_usd": 31962130.099554792,
        "historical_peak_year": 2013,
        "positive_growth_year_share_pct": 44,
        "trend_acceleration_pct": 30.013493795270907,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 0.9048,
        "buyer_yoy_all_avg_pct": 6.1059,
        "buyer_trend_consistency_pct": 44.8276,
        "market_share_latest_pct": 6.266919718369827,
        "market_share_change_1y_pp": 0.18455352272611503,
        "peer_best_share_pct": 77.28408921846241,
        "peer_top_exporter": "NLD",
        "supplier_count_latest": 25,
        "buyer_market_hhi": 6066.64,
        "distance_km": 196.8760986328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.9545933589759797,
        "max_drawdown_pct": 93.05864598274698,
        "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": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 291211,
        "corridor_rank": 41,
        "exporter_iso3": "BEL",
        "importer_iso3": "POL",
        "latest_data_year": 2024,
        "lane_data_years": 21,
        "exports_latest_observed_usd": 46777.53741566841,
        "exports_all_year_avg_usd": 2797.8043026399764,
        "exports_avg_3y_usd": 16294.791799470104,
        "exports_avg_5y_usd": 10339.563873838963,
        "exports_avg_10y_usd": 5259.8927544984235,
        "exports_cagr_3y_pct": 268.81586442429665,
        "exports_cagr_5y_pct": 209.5733277174256,
        "exports_cagr_10y_pct": 83.73765106703412,
        "exports_historical_peak_usd": 46777.53741566841,
        "buyer_imports_latest_observed_usd": 12115910.879837183,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 55,
        "trend_acceleration_pct": 185.07821335726254,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 12.5957,
        "buyer_yoy_all_avg_pct": 45.1554,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 0.386083538246503,
        "market_share_change_1y_pp": 0.38151701236546093,
        "peer_best_share_pct": 60.8954289106841,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 21,
        "buyer_market_hhi": 4198.35,
        "distance_km": 1160.6441650390625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.08183472355387879,
        "tariff_advantage_pp": 0.046077346169494965,
        "volatility_cv": 3.5232216331961443,
        "max_drawdown_pct": 99.80500361780862,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 291211,
      "num_markets": 113,
      "highest_price_importer_iso3": "IRN",
      "highest_price_usd_per_ton": 125000,
      "lowest_price_importer_iso3": "HUN",
      "lowest_price_usd_per_ton": 10.650607479093251,
      "median_price_across_markets": 1528.9263157894736,
      "price_spread_pct": 8174.975347192034,
      "avg_quantity_metric_tons": 556.068158653846,
      "total_trade_value_usd": 83356940
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 5851625.240225515,
        "active_destinations": 78,
        "yoy_growth_pct": 9.347519469456362
      },
      {
        "year": 2011,
        "export_value_usd": 13540692.354769832,
        "active_destinations": 75,
        "yoy_growth_pct": 131.40053914744527
      },
      {
        "year": 2012,
        "export_value_usd": 12581482.560364334,
        "active_destinations": 88,
        "yoy_growth_pct": -7.083905086046855
      },
      {
        "year": 2013,
        "export_value_usd": 16427642.627476953,
        "active_destinations": 82,
        "yoy_growth_pct": 30.57000674331692
      },
      {
        "year": 2014,
        "export_value_usd": 14765155.801070116,
        "active_destinations": 80,
        "yoy_growth_pct": -10.12005717500911
      },
      {
        "year": 2015,
        "export_value_usd": 9034847.488820298,
        "active_destinations": 84,
        "yoy_growth_pct": -38.80967047997225
      },
      {
        "year": 2016,
        "export_value_usd": 8257276.163767342,
        "active_destinations": 94,
        "yoy_growth_pct": -8.60635805989111
      },
      {
        "year": 2017,
        "export_value_usd": 12277718.999852981,
        "active_destinations": 90,
        "yoy_growth_pct": 48.6896981080421
      },
      {
        "year": 2018,
        "export_value_usd": 12668023.155971361,
        "active_destinations": 96,
        "yoy_growth_pct": 3.1789630966717315
      },
      {
        "year": 2019,
        "export_value_usd": 12359948.642467815,
        "active_destinations": 88,
        "yoy_growth_pct": -2.431906775907083
      },
      {
        "year": 2020,
        "export_value_usd": 12558818.392980121,
        "active_destinations": 86,
        "yoy_growth_pct": 1.60898524957462
      },
      {
        "year": 2021,
        "export_value_usd": 17854864.72453907,
        "active_destinations": 85,
        "yoy_growth_pct": 42.16994119860216
      },
      {
        "year": 2022,
        "export_value_usd": 20090169.411609255,
        "active_destinations": 85,
        "yoy_growth_pct": 12.519303403055543
      },
      {
        "year": 2023,
        "export_value_usd": 21685598.736582182,
        "active_destinations": 86,
        "yoy_growth_pct": 7.941343312172354
      },
      {
        "year": 2024,
        "export_value_usd": 23213253.749953892,
        "active_destinations": 83,
        "yoy_growth_pct": 7.044559995452908
      }
    ],
    "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": "291211",
    "hs_description": "Aldehydes: acyclic, without other oxygen function, methanal (formaldehyde)",
    "hs_chapter": 29,
    "hs_heading": 2912
  },
  "destinations": [
    {
      "hs_code": 291211,
      "corridor_rank": 3,
      "exporter_iso3": "BEL",
      "importer_iso3": "NLD",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 8501781.397012906,
      "exports_all_year_avg_usd": 3453747.2289579306,
      "exports_avg_3y_usd": 9081403.10280454,
      "exports_avg_5y_usd": 8330171.852211568,
      "exports_avg_10y_usd": 6742176.615667546,
      "exports_cagr_3y_pct": -0.874672412273414,
      "exports_cagr_5y_pct": 7.526705884293006,
      "exports_cagr_10y_pct": 4.605686821973665,
      "exports_historical_peak_usd": 10198553.675552001,
      "buyer_imports_latest_observed_usd": 10785173.72298435,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 44,
      "trend_acceleration_pct": -5.480359234247079,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": -13.2958,
      "buyer_yoy_all_avg_pct": 15.9367,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 78.82841403745502,
      "market_share_change_1y_pp": -3.159802712668025,
      "peer_best_share_pct": 78.82841403745503,
      "peer_top_exporter": "BEL",
      "supplier_count_latest": 31,
      "buyer_market_hhi": 6494.42,
      "distance_km": 173.03326416015625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.9156514177213386,
      "max_drawdown_pct": 86.70923545377268,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 291211,
      "corridor_rank": 8,
      "exporter_iso3": "BEL",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 2358952.8290584264,
      "exports_all_year_avg_usd": 3019526.80724001,
      "exports_avg_3y_usd": 3395731.130626502,
      "exports_avg_5y_usd": 3110109.141452511,
      "exports_avg_10y_usd": 2990682.4606246306,
      "exports_cagr_3y_pct": -9.936926876093445,
      "exports_cagr_5y_pct": -2.7936918393280163,
      "exports_cagr_10y_pct": -3.5289458023028852,
      "exports_historical_peak_usd": 5896280.193837577,
      "buyer_imports_latest_observed_usd": 10529282.90908675,
      "historical_peak_year": 2008,
      "positive_growth_year_share_pct": 56,
      "trend_acceleration_pct": -6.407981073790559,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": 15.4022,
      "buyer_yoy_all_avg_pct": 4.2712,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 22.403736792205045,
      "market_share_change_1y_pp": -11.749150994640864,
      "peer_best_share_pct": 26.010823089260565,
      "peer_top_exporter": "DEU",
      "supplier_count_latest": 26,
      "buyer_market_hhi": 2027.93,
      "distance_km": 262.384521484375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.4022732652659647,
      "max_drawdown_pct": 72.59623069727617,
      "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",
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