{
  "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/293723",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/293723",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/293723",
    "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": "293723",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 114,
    "current_lane_count": 33,
    "active_market_count": 33,
    "exports_latest_observed_lanes_usd": 11770383.203406258,
    "exports_current_2024_usd": 10948596.50687737,
    "exports_avg_3y_usd": 18296901.554934803,
    "exports_avg_5y_usd": 25177351.176903117,
    "exports_avg_10y_usd": 25629096.977056988,
    "exports_cagr_3y_pct": -27.52439140176567,
    "exports_cagr_5y_pct": -26.60229331846451,
    "exports_cagr_10y_pct": 10.661263568212087,
    "exports_all_year_lane_avg_usd": 15012967.196538376,
    "exports_historical_lane_peak_usd": 101650782.28443654,
    "historical_peak_year": 2019,
    "positive_growth_year_share_pct": 56,
    "trend_acceleration_pct": -38.185654969977755,
    "trend_label": "Rapid decline",
    "top_market_iso3": "RUS",
    "top_market_exports_usd": 7899125.065,
    "top_market_share_pct": 67.1101775404734,
    "destination_hhi": 4746.881818466999,
    "weighted_share_latest_pct": 57.3975618760511,
    "weighted_share_change_1y_pp": 12.247527886805818,
    "weighted_volatility_cv": 2.4518046410565364,
    "weighted_max_drawdown_pct": 94.8800652178168,
    "limited_history_lane_share_pct": 51.75438596491228,
    "data_freshness_years": 0,
    "coverage_score": 86.5,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 293723,
      "hs_description": "Steroidal hormones, their derivatives and structural analogues: oestrogens and progestogens",
      "hs_chapter": 29,
      "hs_heading": 2937,
      "substitution_elasticity": null,
      "price_range_label": null,
      "trade_type_label": null
    },
    "hs_description": "Steroidal hormones, their derivatives and structural analogues: oestrogens and progestogens",
    "hs_chapter": 29,
    "hs_heading": 2937,
    "destinations": [
      {
        "hs_code": 293723,
        "corridor_rank": 75,
        "exporter_iso3": "BEL",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 20,
        "exports_latest_observed_usd": 1339862.0925341952,
        "exports_all_year_avg_usd": 256879.62498515044,
        "exports_avg_3y_usd": 686079.0686262156,
        "exports_avg_5y_usd": 532877.9351640972,
        "exports_avg_10y_usd": 495471.8038242163,
        "exports_cagr_3y_pct": 46.484257757897666,
        "exports_cagr_5y_pct": 9.184461556387568,
        "exports_cagr_10y_pct": 81.16409481811924,
        "exports_historical_peak_usd": 1419927.7276060341,
        "buyer_imports_latest_observed_usd": 71724571.94102757,
        "historical_peak_year": 2018,
        "positive_growth_year_share_pct": 47.36842105263158,
        "trend_acceleration_pct": -34.67983706022157,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -1.7267,
        "buyer_yoy_all_avg_pct": 6.3364,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 1.8680656520834154,
        "market_share_change_1y_pp": 1.0892133798457746,
        "peer_best_share_pct": 29.07537065918408,
        "peer_top_exporter": "ESP",
        "supplier_count_latest": 21,
        "buyer_market_hhi": 1894.07,
        "distance_km": 5891.71142578125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.0467447546369697,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.6980101871210735,
        "max_drawdown_pct": 99.42864839149406,
        "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": 293723,
        "corridor_rank": 84,
        "exporter_iso3": "BEL",
        "importer_iso3": "ITA",
        "latest_data_year": 2024,
        "lane_data_years": 25,
        "exports_latest_observed_usd": 969874.2438555354,
        "exports_all_year_avg_usd": 713569.9564259835,
        "exports_avg_3y_usd": 1782547.27210655,
        "exports_avg_5y_usd": 1690584.1354087777,
        "exports_avg_10y_usd": 1397053.1481842655,
        "exports_cagr_3y_pct": -4.8528561243913355,
        "exports_cagr_5y_pct": -10.607540799228854,
        "exports_cagr_10y_pct": 25.99979316873309,
        "exports_historical_peak_usd": 3219709.4321118607,
        "buyer_imports_latest_observed_usd": 55893260.43439504,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 62.5,
        "trend_acceleration_pct": -30.852649293124422,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -5.2295,
        "buyer_yoy_all_avg_pct": 4.7987,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 1.7352257433504523,
        "market_share_change_1y_pp": -3.723992409818875,
        "peer_best_share_pct": 75.55136918808748,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 18,
        "buyer_market_hhi": 5831.35,
        "distance_km": 1174.9036865234375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.2415777069941407,
        "max_drawdown_pct": 99.98491421710264,
        "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": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 293723,
      "num_markets": 35,
      "highest_price_importer_iso3": "DEU",
      "highest_price_usd_per_ton": 24251185.314685315,
      "lowest_price_importer_iso3": "GRC",
      "lowest_price_usd_per_ton": 533.8454400164975,
      "median_price_across_markets": 639133.2291666667,
      "price_spread_pct": 3794.3030283160974,
      "avg_quantity_metric_tons": 1.7149634146341461,
      "total_trade_value_usd": 181913479
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 315015.76379938325,
        "active_destinations": 38,
        "yoy_growth_pct": -96.86464099072938
      },
      {
        "year": 2011,
        "export_value_usd": 4962465.3882238045,
        "active_destinations": 42,
        "yoy_growth_pct": 1475.3070031708428
      },
      {
        "year": 2012,
        "export_value_usd": 7735993.045496981,
        "active_destinations": 35,
        "yoy_growth_pct": 55.89011590599514
      },
      {
        "year": 2013,
        "export_value_usd": 14472398.295685941,
        "active_destinations": 40,
        "yoy_growth_pct": 87.07873973736486
      },
      {
        "year": 2014,
        "export_value_usd": 3975595.6115448284,
        "active_destinations": 31,
        "yoy_growth_pct": -72.5298079121419
      },
      {
        "year": 2015,
        "export_value_usd": 11260620.513152681,
        "active_destinations": 40,
        "yoy_growth_pct": 183.24360959783465
      },
      {
        "year": 2016,
        "export_value_usd": 18858222.2678587,
        "active_destinations": 40,
        "yoy_growth_pct": 67.47054254986953
      },
      {
        "year": 2017,
        "export_value_usd": 12482963.979898244,
        "active_destinations": 42,
        "yoy_growth_pct": -33.80625277084693
      },
      {
        "year": 2018,
        "export_value_usd": 36404433.397534125,
        "active_destinations": 41,
        "yoy_growth_pct": 191.63292833462842
      },
      {
        "year": 2019,
        "export_value_usd": 51397973.72761053,
        "active_destinations": 37,
        "yoy_growth_pct": 41.186028543138924
      },
      {
        "year": 2020,
        "export_value_usd": 42236451.444202155,
        "active_destinations": 37,
        "yoy_growth_pct": -17.824675992016562
      },
      {
        "year": 2021,
        "export_value_usd": 28759599.775509033,
        "active_destinations": 39,
        "yoy_growth_pct": -31.90810593190377
      },
      {
        "year": 2022,
        "export_value_usd": 23135648.568988178,
        "active_destinations": 44,
        "yoy_growth_pct": -19.555039883795857
      },
      {
        "year": 2023,
        "export_value_usd": 20806459.588938877,
        "active_destinations": 36,
        "yoy_growth_pct": -10.067532678428675
      },
      {
        "year": 2024,
        "export_value_usd": 10948596.506877368,
        "active_destinations": 33,
        "yoy_growth_pct": -47.37885866609494
      }
    ],
    "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": "293723",
    "hs_description": "Steroidal hormones, their derivatives and structural analogues: oestrogens and progestogens",
    "hs_chapter": 29,
    "hs_heading": 2937
  },
  "destinations": [
    {
      "hs_code": 293723,
      "corridor_rank": 75,
      "exporter_iso3": "BEL",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 20,
      "exports_latest_observed_usd": 1339862.0925341952,
      "exports_all_year_avg_usd": 256879.62498515044,
      "exports_avg_3y_usd": 686079.0686262156,
      "exports_avg_5y_usd": 532877.9351640972,
      "exports_avg_10y_usd": 495471.8038242163,
      "exports_cagr_3y_pct": 46.484257757897666,
      "exports_cagr_5y_pct": 9.184461556387568,
      "exports_cagr_10y_pct": 81.16409481811924,
      "exports_historical_peak_usd": 1419927.7276060341,
      "buyer_imports_latest_observed_usd": 71724571.94102757,
      "historical_peak_year": 2018,
      "positive_growth_year_share_pct": 47.36842105263158,
      "trend_acceleration_pct": -34.67983706022157,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -1.7267,
      "buyer_yoy_all_avg_pct": 6.3364,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 1.8680656520834154,
      "market_share_change_1y_pp": 1.0892133798457746,
      "peer_best_share_pct": 29.07537065918408,
      "peer_top_exporter": "ESP",
      "supplier_count_latest": 21,
      "buyer_market_hhi": 1894.07,
      "distance_km": 5891.71142578125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.0467447546369697,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.6980101871210735,
      "max_drawdown_pct": 99.42864839149406,
      "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": 293723,
      "corridor_rank": 84,
      "exporter_iso3": "BEL",
      "importer_iso3": "ITA",
      "latest_data_year": 2024,
      "lane_data_years": 25,
      "exports_latest_observed_usd": 969874.2438555354,
      "exports_all_year_avg_usd": 713569.9564259835,
      "exports_avg_3y_usd": 1782547.27210655,
      "exports_avg_5y_usd": 1690584.1354087777,
      "exports_avg_10y_usd": 1397053.1481842655,
      "exports_cagr_3y_pct": -4.8528561243913355,
      "exports_cagr_5y_pct": -10.607540799228854,
      "exports_cagr_10y_pct": 25.99979316873309,
      "exports_historical_peak_usd": 3219709.4321118607,
      "buyer_imports_latest_observed_usd": 55893260.43439504,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 62.5,
      "trend_acceleration_pct": -30.852649293124422,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": -5.2295,
      "buyer_yoy_all_avg_pct": 4.7987,
      "buyer_trend_consistency_pct": 48.2759,
      "market_share_latest_pct": 1.7352257433504523,
      "market_share_change_1y_pp": -3.723992409818875,
      "peer_best_share_pct": 75.55136918808748,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 18,
      "buyer_market_hhi": 5831.35,
      "distance_km": 1174.9036865234375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.2415777069941407,
      "max_drawdown_pct": 99.98491421710264,
      "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": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 293723,
    "num_markets": 35,
    "highest_price_importer_iso3": "DEU",
    "highest_price_usd_per_ton": 24251185.314685315,
    "lowest_price_importer_iso3": "GRC",
    "lowest_price_usd_per_ton": 533.8454400164975,
    "median_price_across_markets": 639133.2291666667,
    "price_spread_pct": 3794.3030283160974,
    "avg_quantity_metric_tons": 1.7149634146341461,
    "total_trade_value_usd": 181913479
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 315015.76379938325,
      "active_destinations": 38,
      "yoy_growth_pct": -96.86464099072938
    },
    {
      "year": 2011,
      "export_value_usd": 4962465.3882238045,
      "active_destinations": 42,
      "yoy_growth_pct": 1475.3070031708428
    },
    {
      "year": 2012,
      "export_value_usd": 7735993.045496981,
      "active_destinations": 35,
      "yoy_growth_pct": 55.89011590599514
    },
    {
      "year": 2013,
      "export_value_usd": 14472398.295685941,
      "active_destinations": 40,
      "yoy_growth_pct": 87.07873973736486
    },
    {
      "year": 2014,
      "export_value_usd": 3975595.6115448284,
      "active_destinations": 31,
      "yoy_growth_pct": -72.5298079121419
    },
    {
      "year": 2015,
      "export_value_usd": 11260620.513152681,
      "active_destinations": 40,
      "yoy_growth_pct": 183.24360959783465
    },
    {
      "year": 2016,
      "export_value_usd": 18858222.2678587,
      "active_destinations": 40,
      "yoy_growth_pct": 67.47054254986953
    },
    {
      "year": 2017,
      "export_value_usd": 12482963.979898244,
      "active_destinations": 42,
      "yoy_growth_pct": -33.80625277084693
    },
    {
      "year": 2018,
      "export_value_usd": 36404433.397534125,
      "active_destinations": 41,
      "yoy_growth_pct": 191.63292833462842
    },
    {
      "year": 2019,
      "export_value_usd": 51397973.72761053,
      "active_destinations": 37,
      "yoy_growth_pct": 41.186028543138924
    },
    {
      "year": 2020,
      "export_value_usd": 42236451.444202155,
      "active_destinations": 37,
      "yoy_growth_pct": -17.824675992016562
    },
    {
      "year": 2021,
      "export_value_usd": 28759599.775509033,
      "active_destinations": 39,
      "yoy_growth_pct": -31.90810593190377
    },
    {
      "year": 2022,
      "export_value_usd": 23135648.568988178,
      "active_destinations": 44,
      "yoy_growth_pct": -19.555039883795857
    },
    {
      "year": 2023,
      "export_value_usd": 20806459.588938877,
      "active_destinations": 36,
      "yoy_growth_pct": -10.067532678428675
    },
    {
      "year": 2024,
      "export_value_usd": 10948596.506877368,
      "active_destinations": 33,
      "yoy_growth_pct": -47.37885866609494
    }
  ],
  "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
  }
}