{
  "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/390940",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/390940",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/390940",
    "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": "390940",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 136,
    "current_lane_count": 69,
    "active_market_count": 69,
    "exports_latest_observed_lanes_usd": 108248681.12793846,
    "exports_current_2024_usd": 107696024.2551882,
    "exports_avg_3y_usd": 117012639.65946929,
    "exports_avg_5y_usd": 118863156.56111841,
    "exports_avg_10y_usd": 119599012.20467305,
    "exports_cagr_3y_pct": -7.934772963865278,
    "exports_cagr_5y_pct": -3.31871590876357,
    "exports_cagr_10y_pct": -1.1428843267167532,
    "exports_all_year_lane_avg_usd": 103117222.42392984,
    "exports_historical_lane_peak_usd": 224531475.90094924,
    "historical_peak_year": 2018,
    "positive_growth_year_share_pct": 64,
    "trend_acceleration_pct": -6.791888637148524,
    "trend_label": "Declining",
    "top_market_iso3": "DEU",
    "top_market_exports_usd": 19364710.402211767,
    "top_market_share_pct": 17.8890959228637,
    "destination_hhi": 738.4379526333389,
    "weighted_share_latest_pct": 17.0718424425479,
    "weighted_share_change_1y_pp": -0.2879860590839155,
    "weighted_volatility_cv": 0.5523419202358921,
    "weighted_max_drawdown_pct": 61.00450110411715,
    "limited_history_lane_share_pct": 33.8235294117647,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 390940,
      "hs_description": "Phenolic resins: in primary forms",
      "hs_chapter": 39,
      "hs_heading": 3909,
      "substitution_elasticity": -17.492987,
      "price_range_label": "Low price range",
      "trade_type_label": "Two-way horizontal trade"
    },
    "hs_description": "Phenolic resins: in primary forms",
    "hs_chapter": 39,
    "hs_heading": 3909,
    "destinations": [
      {
        "hs_code": 390940,
        "corridor_rank": 22,
        "exporter_iso3": "BEL",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 19364710.402211767,
        "exports_all_year_avg_usd": 25614395.828916196,
        "exports_avg_3y_usd": 21506692.934803706,
        "exports_avg_5y_usd": 21715570.102389492,
        "exports_avg_10y_usd": 24815468.626073353,
        "exports_cagr_3y_pct": -7.685513485512285,
        "exports_cagr_5y_pct": -4.813932487032558,
        "exports_cagr_10y_pct": -6.026719717341855,
        "exports_historical_peak_usd": 41276889.706712306,
        "buyer_imports_latest_observed_usd": 161500127.86886376,
        "historical_peak_year": 2011,
        "positive_growth_year_share_pct": 52,
        "trend_acceleration_pct": -1.6587937681704297,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -5.4476,
        "buyer_yoy_all_avg_pct": 5.6097,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 11.990523263198707,
        "market_share_change_1y_pp": -0.2899470392369885,
        "peer_best_share_pct": 21.423051451566387,
        "peer_top_exporter": "POL",
        "supplier_count_latest": 51,
        "buyer_market_hhi": 1107.47,
        "distance_km": 196.8760986328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.2702560895264551,
        "max_drawdown_pct": 53.08582952881078,
        "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": 390940,
        "corridor_rank": 27,
        "exporter_iso3": "BEL",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 15251968.794136614,
        "exports_all_year_avg_usd": 12193675.240743972,
        "exports_avg_3y_usd": 18890168.97158194,
        "exports_avg_5y_usd": 19285938.089729298,
        "exports_avg_10y_usd": 17585521.933341436,
        "exports_cagr_3y_pct": -13.109456047050106,
        "exports_cagr_5y_pct": -3.1458339331217666,
        "exports_cagr_10y_pct": 2.060011911333226,
        "exports_historical_peak_usd": 26424790.110733002,
        "buyer_imports_latest_observed_usd": 47294590.769508675,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 72,
        "trend_acceleration_pct": -15.169467958383333,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -0.9269,
        "buyer_yoy_all_avg_pct": 3.9214,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 32.248865136538456,
        "market_share_change_1y_pp": 0.8398479577839204,
        "peer_best_share_pct": 32.24886513653845,
        "peer_top_exporter": "BEL",
        "supplier_count_latest": 36,
        "buyer_market_hhi": 1828.19,
        "distance_km": 173.03326416015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.4488809020207152,
        "max_drawdown_pct": 43.25878106488283,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 390940,
        "corridor_rank": 50,
        "exporter_iso3": "BEL",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 8139892.047498045,
        "exports_all_year_avg_usd": 9732490.673661176,
        "exports_avg_3y_usd": 6380834.825618249,
        "exports_avg_5y_usd": 6013364.3533896,
        "exports_avg_10y_usd": 5976659.442274722,
        "exports_cagr_3y_pct": 13.470794711774104,
        "exports_cagr_5y_pct": 8.516250120506875,
        "exports_cagr_10y_pct": 0.8078550743730428,
        "exports_historical_peak_usd": 16842258.920308653,
        "buyer_imports_latest_observed_usd": 81536997.9981745,
        "historical_peak_year": 2004,
        "positive_growth_year_share_pct": 44,
        "trend_acceleration_pct": 12.662939637401061,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -3.2718,
        "buyer_yoy_all_avg_pct": 2.9515,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 9.983065660180776,
        "market_share_change_1y_pp": 3.580203881588263,
        "peer_best_share_pct": 26.777574869705354,
        "peer_top_exporter": "GBR",
        "supplier_count_latest": 43,
        "buyer_market_hhi": 1651.95,
        "distance_km": 262.384521484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.3743649297555234,
        "max_drawdown_pct": 68.21749709871905,
        "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": 390940,
        "corridor_rank": 73,
        "exporter_iso3": "BEL",
        "importer_iso3": "ROU",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 5769224.987256387,
        "exports_all_year_avg_usd": 3606402.1207419108,
        "exports_avg_3y_usd": 7075507.829883431,
        "exports_avg_5y_usd": 7240053.686270634,
        "exports_avg_10y_usd": 6442574.087314755,
        "exports_cagr_3y_pct": -13.2916239493174,
        "exports_cagr_5y_pct": -3.849965741024741,
        "exports_cagr_10y_pct": 1.8651259127417497,
        "exports_historical_peak_usd": 8849817.574230064,
        "buyer_imports_latest_observed_usd": 11994654.75841501,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 64,
        "trend_acceleration_pct": -15.156749862059149,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -8.3788,
        "buyer_yoy_all_avg_pct": 10.8812,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 48.09829964642301,
        "market_share_change_1y_pp": -8.641663407198891,
        "peer_best_share_pct": 48.09829964642301,
        "peer_top_exporter": "BEL",
        "supplier_count_latest": 23,
        "buyer_market_hhi": 2805.51,
        "distance_km": null,
        "has_reported_fta": null,
        "applied_tariff_pct": 0.13328712688888886,
        "tariff_advantage_pp": 0.13328712688888886,
        "volatility_cv": 0.771406797066391,
        "max_drawdown_pct": 74.60447869876809,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 390940,
        "corridor_rank": 97,
        "exporter_iso3": "BEL",
        "importer_iso3": "CZE",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 4576413.740216137,
        "exports_all_year_avg_usd": 2289117.7121737455,
        "exports_avg_3y_usd": 5325096.654911085,
        "exports_avg_5y_usd": 5668532.650796039,
        "exports_avg_10y_usd": 4109254.553577273,
        "exports_cagr_3y_pct": -12.851309093907215,
        "exports_cagr_5y_pct": -0.9306320308668736,
        "exports_cagr_10y_pct": 17.228100081059395,
        "exports_historical_peak_usd": 6914211.77647805,
        "buyer_imports_latest_observed_usd": 30942366.925725743,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 60,
        "trend_acceleration_pct": -30.07940917496661,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -4.4812,
        "buyer_yoy_all_avg_pct": 8.9285,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 14.790121748608925,
        "market_share_change_1y_pp": -1.5127307710332616,
        "peer_best_share_pct": 36.90649374128364,
        "peer_top_exporter": "POL",
        "supplier_count_latest": 27,
        "buyer_market_hhi": 1997.88,
        "distance_km": 718.4292602539062,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.026038070801587307,
        "tariff_advantage_pp": 0.026038070801587307,
        "volatility_cv": 0.8800248530316018,
        "max_drawdown_pct": 75.90153076113924,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 390940,
      "num_markets": 99,
      "highest_price_importer_iso3": "MRT",
      "highest_price_usd_per_ton": 122000,
      "lowest_price_importer_iso3": "DNK",
      "lowest_price_usd_per_ton": 597.0226219047895,
      "median_price_across_markets": 3303.9887212730973,
      "price_spread_pct": 3674.436798056503,
      "avg_quantity_metric_tons": 560.2032969187675,
      "total_trade_value_usd": 581460624
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 113876747.99003926,
        "active_destinations": 70,
        "yoy_growth_pct": 30.483297119755242
      },
      {
        "year": 2011,
        "export_value_usd": 134381790.8067896,
        "active_destinations": 76,
        "yoy_growth_pct": 18.00634737000385
      },
      {
        "year": 2012,
        "export_value_usd": 118198043.8403108,
        "active_destinations": 73,
        "yoy_growth_pct": -12.043110059269377
      },
      {
        "year": 2013,
        "export_value_usd": 118659591.45962521,
        "active_destinations": 73,
        "yoy_growth_pct": 0.3904866817745159
      },
      {
        "year": 2014,
        "export_value_usd": 120814850.50120215,
        "active_destinations": 72,
        "yoy_growth_pct": 1.8163378240774404
      },
      {
        "year": 2015,
        "export_value_usd": 99638753.04943728,
        "active_destinations": 82,
        "yoy_growth_pct": -17.527727232137043
      },
      {
        "year": 2016,
        "export_value_usd": 109094515.58333257,
        "active_destinations": 74,
        "yoy_growth_pct": 9.490045032181065
      },
      {
        "year": 2017,
        "export_value_usd": 123498152.48331651,
        "active_destinations": 77,
        "yoy_growth_pct": 13.202897343617268
      },
      {
        "year": 2018,
        "export_value_usd": 141949542.12092158,
        "active_destinations": 78,
        "yoy_growth_pct": 14.94061997413094
      },
      {
        "year": 2019,
        "export_value_usd": 127493376.00413038,
        "active_destinations": 76,
        "yoy_growth_pct": -10.18401743379808
      },
      {
        "year": 2020,
        "export_value_usd": 105267155.2712645,
        "active_destinations": 71,
        "yoy_growth_pct": -17.433235693865246
      },
      {
        "year": 2021,
        "export_value_usd": 138010708.55591977,
        "active_destinations": 70,
        "yoy_growth_pct": 31.10519439826974
      },
      {
        "year": 2022,
        "export_value_usd": 133466385.92591405,
        "active_destinations": 72,
        "yoy_growth_pct": -3.292731902875804
      },
      {
        "year": 2023,
        "export_value_usd": 109875508.79730564,
        "active_destinations": 75,
        "yoy_growth_pct": -17.67551954370255
      },
      {
        "year": 2024,
        "export_value_usd": 107696024.25518817,
        "active_destinations": 69,
        "yoy_growth_pct": -1.9835944934171914
      }
    ],
    "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": "390940",
    "hs_description": "Phenolic resins: in primary forms",
    "hs_chapter": 39,
    "hs_heading": 3909
  },
  "destinations": [
    {
      "hs_code": 390940,
      "corridor_rank": 22,
      "exporter_iso3": "BEL",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 19364710.402211767,
      "exports_all_year_avg_usd": 25614395.828916196,
      "exports_avg_3y_usd": 21506692.934803706,
      "exports_avg_5y_usd": 21715570.102389492,
      "exports_avg_10y_usd": 24815468.626073353,
      "exports_cagr_3y_pct": -7.685513485512285,
      "exports_cagr_5y_pct": -4.813932487032558,
      "exports_cagr_10y_pct": -6.026719717341855,
      "exports_historical_peak_usd": 41276889.706712306,
      "buyer_imports_latest_observed_usd": 161500127.86886376,
      "historical_peak_year": 2011,
      "positive_growth_year_share_pct": 52,
      "trend_acceleration_pct": -1.6587937681704297,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": -5.4476,
      "buyer_yoy_all_avg_pct": 5.6097,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 11.990523263198707,
      "market_share_change_1y_pp": -0.2899470392369885,
      "peer_best_share_pct": 21.423051451566387,
      "peer_top_exporter": "POL",
      "supplier_count_latest": 51,
      "buyer_market_hhi": 1107.47,
      "distance_km": 196.8760986328125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.2702560895264551,
      "max_drawdown_pct": 53.08582952881078,
      "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": 390940,
      "corridor_rank": 27,
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