{
  "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/390512",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/390512",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/390512",
    "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": "390512",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 122,
    "current_lane_count": 52,
    "active_market_count": 52,
    "exports_latest_observed_lanes_usd": 16506256.79249112,
    "exports_current_2024_usd": 15772865.45759626,
    "exports_avg_3y_usd": 16569475.392235959,
    "exports_avg_5y_usd": 16412480.710284065,
    "exports_avg_10y_usd": 12810995.443869889,
    "exports_cagr_3y_pct": -7.9024390638708475,
    "exports_cagr_5y_pct": 5.368703303877731,
    "exports_cagr_10y_pct": 12.910499623831505,
    "exports_all_year_lane_avg_usd": 13432330.07198415,
    "exports_historical_lane_peak_usd": 58542045.32321173,
    "historical_peak_year": 2004,
    "positive_growth_year_share_pct": 72,
    "trend_acceleration_pct": -20.812938687702353,
    "trend_label": "Declining",
    "top_market_iso3": "GBR",
    "top_market_exports_usd": 2650566.1736786994,
    "top_market_share_pct": 16.057948249566017,
    "destination_hhi": 1054.1976291980334,
    "weighted_share_latest_pct": 19.673516092804103,
    "weighted_share_change_1y_pp": 2.415853421615545,
    "weighted_volatility_cv": 1.077763116699849,
    "weighted_max_drawdown_pct": 88.19538217954404,
    "limited_history_lane_share_pct": 40.16393442622951,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 390512,
      "hs_description": "Poly(vinyl acetate): in aqueous dispersion, in primary forms",
      "hs_chapter": 39,
      "hs_heading": 3905,
      "substitution_elasticity": -11.395491,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Poly(vinyl acetate): in aqueous dispersion, in primary forms",
    "hs_chapter": 39,
    "hs_heading": 3905,
    "destinations": [
      {
        "hs_code": 390512,
        "corridor_rank": 10,
        "exporter_iso3": "BEL",
        "importer_iso3": "ITA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 2628415.0921299774,
        "exports_all_year_avg_usd": 1090992.4468079845,
        "exports_avg_3y_usd": 3049208.648370147,
        "exports_avg_5y_usd": 3270441.9826168297,
        "exports_avg_10y_usd": 2585467.9639956914,
        "exports_cagr_3y_pct": -18.69053791213906,
        "exports_cagr_5y_pct": 3.588807281062656,
        "exports_cagr_10y_pct": 39.63872742825654,
        "exports_historical_peak_usd": 4889570.229793692,
        "buyer_imports_latest_observed_usd": 15440181.868627705,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 56,
        "trend_acceleration_pct": -58.329265340395594,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -12.1474,
        "buyer_yoy_all_avg_pct": 3.0648,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 17.023213291745936,
        "market_share_change_1y_pp": 0.9747300719598861,
        "peer_best_share_pct": 51.79550640754989,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 20,
        "buyer_market_hhi": 3193.49,
        "distance_km": 1174.9036865234375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.2264868551589465,
        "max_drawdown_pct": 85.28193251976411,
        "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": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 390512,
        "corridor_rank": 11,
        "exporter_iso3": "BEL",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 2384073.3746963767,
        "exports_all_year_avg_usd": 1809573.693281842,
        "exports_avg_3y_usd": 2844066.4190644436,
        "exports_avg_5y_usd": 2502946.5527909333,
        "exports_avg_10y_usd": 1926098.9879051303,
        "exports_cagr_3y_pct": -7.887886123933474,
        "exports_cagr_5y_pct": 11.753016381970149,
        "exports_cagr_10y_pct": 9.43424338817116,
        "exports_historical_peak_usd": 3532321.3371630614,
        "buyer_imports_latest_observed_usd": 13890332.061106503,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 48,
        "trend_acceleration_pct": -17.322129512104635,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -9.3868,
        "buyer_yoy_all_avg_pct": 2.1619,
        "buyer_trend_consistency_pct": 41.3793,
        "market_share_latest_pct": 17.163544861334735,
        "market_share_change_1y_pp": 0.09942075960781693,
        "peer_best_share_pct": 65.7562382433711,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 32,
        "buyer_market_hhi": 4711.63,
        "distance_km": 173.03326416015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.4576971630947621,
        "max_drawdown_pct": 74.57273874852365,
        "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": 390512,
        "corridor_rank": 17,
        "exporter_iso3": "BEL",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 993857.9519685565,
        "exports_all_year_avg_usd": 1067604.1464241794,
        "exports_avg_3y_usd": 765073.7019271139,
        "exports_avg_5y_usd": 996817.7750714083,
        "exports_avg_10y_usd": 822651.7565133749,
        "exports_cagr_3y_pct": -5.428777193861389,
        "exports_cagr_5y_pct": -7.243039090104498,
        "exports_cagr_10y_pct": 2.912433144245008,
        "exports_historical_peak_usd": 2773506.915339526,
        "buyer_imports_latest_observed_usd": 16074775.455537435,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 52,
        "trend_acceleration_pct": -8.341210338106396,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -12.4546,
        "buyer_yoy_all_avg_pct": 2.3376,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 6.182717480051596,
        "market_share_change_1y_pp": 3.3376902068050733,
        "peer_best_share_pct": 32.67234036280265,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 32,
        "buyer_market_hhi": 2322.14,
        "distance_km": 196.8760986328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.7127969460736935,
        "max_drawdown_pct": 88.71069110408209,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 390512,
        "corridor_rank": 23,
        "exporter_iso3": "BEL",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 20,
        "exports_latest_observed_usd": 692847.1065255195,
        "exports_all_year_avg_usd": 196353.92489872055,
        "exports_avg_3y_usd": 486700.93055119395,
        "exports_avg_5y_usd": 392953.65213430783,
        "exports_avg_10y_usd": 343127.70122084656,
        "exports_cagr_3y_pct": 43.76267906148455,
        "exports_cagr_5y_pct": 15.20212672960708,
        "exports_cagr_10y_pct": 19.986725122536765,
        "exports_historical_peak_usd": 692847.1065255195,
        "buyer_imports_latest_observed_usd": 24624333.18257214,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 68.42105263157895,
        "trend_acceleration_pct": 23.775953938947783,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 2.5674,
        "buyer_yoy_all_avg_pct": 12.0814,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 2.813668501756148,
        "market_share_change_1y_pp": 0.7858023759101203,
        "peer_best_share_pct": 85.01518095448905,
        "peer_top_exporter": "CAN",
        "supplier_count_latest": 20,
        "buyer_market_hhi": 7263.55,
        "distance_km": 5891.71142578125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.0467447546369697,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.9340464755457498,
        "max_drawdown_pct": 99.36261728765072,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 390512,
        "corridor_rank": 31,
        "exporter_iso3": "BEL",
        "importer_iso3": "POL",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 332835.74926872936,
        "exports_all_year_avg_usd": 180895.7463927537,
        "exports_avg_3y_usd": 230203.9253948317,
        "exports_avg_5y_usd": 239775.45165576498,
        "exports_avg_10y_usd": 166551.8458807604,
        "exports_cagr_3y_pct": -8.417006899666779,
        "exports_cagr_5y_pct": 45.34442615445711,
        "exports_cagr_10y_pct": 37.8020057551343,
        "exports_historical_peak_usd": 999746.4599465857,
        "buyer_imports_latest_observed_usd": 11078809.645484602,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 64,
        "trend_acceleration_pct": -46.219012654801084,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -14.2989,
        "buyer_yoy_all_avg_pct": 6.2029,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 3.0042555104679813,
        "market_share_change_1y_pp": 1.6284577331344865,
        "peer_best_share_pct": 65.09323451068285,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 22,
        "buyer_market_hhi": 4576.57,
        "distance_km": 1160.6441650390625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.08183472355387879,
        "tariff_advantage_pp": 0.046077346169494965,
        "volatility_cv": 1.2371669210747978,
        "max_drawdown_pct": 99.99065259780404,
        "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"
      },
      {
        "hs_code": 390512,
        "corridor_rank": 67,
        "exporter_iso3": "BEL",
        "importer_iso3": "DZA",
        "latest_data_year": 2024,
        "lane_data_years": 20,
        "exports_latest_observed_usd": 54330.97499999999,
        "exports_all_year_avg_usd": 48794.079421980154,
        "exports_avg_3y_usd": 66301.2052206887,
        "exports_avg_5y_usd": 60181.34803755991,
        "exports_avg_10y_usd": 35745.86915652426,
        "exports_cagr_3y_pct": 0.4074213337981192,
        "exports_cagr_5y_pct": 71.05600268391396,
        "exports_cagr_10y_pct": 249.0242649536301,
        "exports_historical_peak_usd": 271133.6034911588,
        "buyer_imports_latest_observed_usd": 10454026.87953304,
        "historical_peak_year": 1999,
        "positive_growth_year_share_pct": 68.42105263157895,
        "trend_acceleration_pct": -248.616843619832,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 11.3804,
        "buyer_yoy_all_avg_pct": 22.8816,
        "buyer_trend_consistency_pct": 72.4138,
        "market_share_latest_pct": 0.5197133662088581,
        "market_share_change_1y_pp": 0.030263067419586953,
        "peer_best_share_pct": 47.167998119976666,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 17,
        "buyer_market_hhi": 3269.31,
        "distance_km": 1561.8829345703125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.2365825328242424,
        "tariff_advantage_pp": 0.16562166375757567,
        "volatility_cv": 1.249698752693574,
        "max_drawdown_pct": 99.99997021038692,
        "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']",
        "signal_flag": "Slowing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 390512,
      "num_markets": 67,
      "highest_price_importer_iso3": "SAU",
      "highest_price_usd_per_ton": 94857.14285714286,
      "lowest_price_importer_iso3": "CMR",
      "lowest_price_usd_per_ton": 92.47842170160295,
      "median_price_across_markets": 1810.3393548325967,
      "price_spread_pct": 5234.635383828587,
      "avg_quantity_metric_tons": 249.75118534482763,
      "total_trade_value_usd": 70571192
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 9076096.139798718,
        "active_destinations": 46,
        "yoy_growth_pct": 7.255205682504662
      },
      {
        "year": 2011,
        "export_value_usd": 8042289.934345478,
        "active_destinations": 43,
        "yoy_growth_pct": -11.390428103995012
      },
      {
        "year": 2012,
        "export_value_usd": 3387550.6689351187,
        "active_destinations": 48,
        "yoy_growth_pct": -57.87828222322335
      },
      {
        "year": 2013,
        "export_value_usd": 3879974.0818585977,
        "active_destinations": 40,
        "yoy_growth_pct": 14.536267086398238
      },
      {
        "year": 2014,
        "export_value_usd": 4683465.305680548,
        "active_destinations": 44,
        "yoy_growth_pct": 20.708675029010998
      },
      {
        "year": 2015,
        "export_value_usd": 7012087.765574304,
        "active_destinations": 45,
        "yoy_growth_pct": 49.72007494257263
      },
      {
        "year": 2016,
        "export_value_usd": 7224402.2378518395,
        "active_destinations": 48,
        "yoy_growth_pct": 3.0278353519744647
      },
      {
        "year": 2017,
        "export_value_usd": 9515012.137844468,
        "active_destinations": 46,
        "yoy_growth_pct": 31.70656650305418
      },
      {
        "year": 2018,
        "export_value_usd": 10152309.841977876,
        "active_destinations": 49,
        "yoy_growth_pct": 6.697812834086219
      },
      {
        "year": 2019,
        "export_value_usd": 12143738.90403007,
        "active_destinations": 50,
        "yoy_growth_pct": 19.61552684117276
      },
      {
        "year": 2020,
        "export_value_usd": 12162587.592794485,
        "active_destinations": 53,
        "yoy_growth_pct": 0.15521322480146932
      },
      {
        "year": 2021,
        "export_value_usd": 20191389.781917963,
        "active_destinations": 53,
        "yoy_growth_pct": 66.01228667721992
      },
      {
        "year": 2022,
        "export_value_usd": 19339577.66634747,
        "active_destinations": 46,
        "yoy_growth_pct": -4.218689871131694
      },
      {
        "year": 2023,
        "export_value_usd": 14595983.05276414,
        "active_destinations": 48,
        "yoy_growth_pct": -24.52791211587621
      },
      {
        "year": 2024,
        "export_value_usd": 15772865.457596257,
        "active_destinations": 52,
        "yoy_growth_pct": 8.063056805271113
      }
    ],
    "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": {}
  },
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