# Belgium HS 401011 exports | Yugalinks

Explore reported HS 401011 exports from Belgium: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Belgium |
| HS6 | 401011 |
| Latest exports | $5.4M |
| Active destinations | 59 |
| Three-year growth | +10.1% |
| Destination HHI | 1,045 |
| Weighted share | 15.5% |

## Destination markets

- Indonesia: $298.4K; share 1.7%; growth +249.7%
- Guinea: $253.5K; share 2.3%; growth +32%
- Italy: $252.5K; share 2.4%; growth +246.7%
- USA, Puerto Rico and US Virgin Islands: $238.6K; share 0.7%; growth +227.8%

## Price intelligence

- Highest reported market price: Canada at $49.5M / ton.
- Lowest reported market price: Saudi Arabia at $508.7 / ton.
- Median reported price: $31.4K / ton.
- Price spread: 157,381.4%.

## Export history

- 2010: $4.5M
- 2011: $6.8M
- 2012: $5.9M
- 2013: $4.3M
- 2014: $3.6M
- 2015: $2.2M
- 2016: $2.8M
- 2017: $3.1M
- 2018: $3.7M
- 2019: $4.0M
- 2020: $4.6M
- 2021: $2.9M
- 2022: $2.5M
- 2023: $1.8M
- 2024: $3.9M

## Methods

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.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "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/401011",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/401011",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/401011",
    "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": "401011",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 149,
    "current_lane_count": 59,
    "active_market_count": 59,
    "exports_latest_observed_lanes_usd": 5442809.315662495,
    "exports_current_2024_usd": 3928047.444475595,
    "exports_avg_3y_usd": 2746201.3426084784,
    "exports_avg_5y_usd": 3164762.9258563947,
    "exports_avg_10y_usd": 3161658.298561265,
    "exports_cagr_3y_pct": 10.139992723326664,
    "exports_cagr_5y_pct": -0.37700571822069096,
    "exports_cagr_10y_pct": 0.7635672944162453,
    "exports_all_year_lane_avg_usd": 5057500.5180780925,
    "exports_historical_lane_peak_usd": 25220023.13117874,
    "historical_peak_year": 2009,
    "positive_growth_year_share_pct": 52,
    "trend_acceleration_pct": 9.37642542891042,
    "trend_label": "Rapid growth",
    "top_market_iso3": "GBR",
    "top_market_exports_usd": 1050374.3983360692,
    "top_market_share_pct": 19.29838687005735,
    "destination_hhi": 1045.0471443108456,
    "weighted_share_latest_pct": 15.483351689433217,
    "weighted_share_change_1y_pp": 12.017864700260608,
    "weighted_volatility_cv": 1.4570543008486192,
    "weighted_max_drawdown_pct": 94.44322927593203,
    "limited_history_lane_share_pct": 28.187919463087248,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 401011,
      "hs_description": "Rubber: vulcanised, conveyor belts or belting, reinforced only with metal",
      "hs_chapter": 40,
      "hs_heading": 4010,
      "substitution_elasticity": -4.3531623,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Rubber: vulcanised, conveyor belts or belting, reinforced only with metal",
    "hs_chapter": 40,
    "hs_heading": 4010,
    "destinations": [
      {
        "hs_code": 401011,
        "corridor_rank": 91,
        "exporter_iso3": "BEL",
        "importer_iso3": "IDN",
        "latest_data_year": 2023,
        "lane_data_years": 21,
        "exports_latest_observed_usd": 298405.50566858985,
        "exports_all_year_avg_usd": 21077.85629157782,
        "exports_avg_3y_usd": 164647.09479227912,
        "exports_avg_5y_usd": 91936.59822901,
        "exports_avg_10y_usd": 41243.925503099286,
        "exports_cagr_3y_pct": 249.6515113979301,
        "exports_cagr_5y_pct": 251.79458436988565,
        "exports_cagr_10y_pct": 100.05131737078355,
        "exports_historical_peak_usd": 298405.50566858985,
        "buyer_imports_latest_observed_usd": 20155997.6675807,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 55,
        "trend_acceleration_pct": 149.60019402714656,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 12.8672,
        "buyer_yoy_all_avg_pct": 16.1203,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 1.6709767127957833,
        "market_share_change_1y_pp": 1.4219335642655853,
        "peer_best_share_pct": 59.650715449160415,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 22,
        "buyer_market_hhi": 3952.7,
        "distance_km": 11416.2841796875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.17946165427272728,
        "tariff_advantage_pp": null,
        "volatility_cv": 2.9935766575811256,
        "max_drawdown_pct": 99.1651098964384,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier','long_distance_without_fta']",
        "signal_flag": "Accelerating",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 401011,
        "corridor_rank": 96,
        "exporter_iso3": "BEL",
        "importer_iso3": "GIN",
        "latest_data_year": 2019,
        "lane_data_years": 18,
        "exports_latest_observed_usd": 253493.91900000002,
        "exports_all_year_avg_usd": 61027.1719021944,
        "exports_avg_3y_usd": 253493.91900000002,
        "exports_avg_5y_usd": 172860.01764106483,
        "exports_avg_10y_usd": 103555.84327326159,
        "exports_cagr_3y_pct": 32.006670911031556,
        "exports_cagr_5y_pct": 12.239663872683625,
        "exports_cagr_10y_pct": 35.72611583218222,
        "exports_historical_peak_usd": 253493.91900000002,
        "buyer_imports_latest_observed_usd": 21610502.991999995,
        "historical_peak_year": 2019,
        "positive_growth_year_share_pct": 47.05882352941177,
        "trend_acceleration_pct": -3.719444921150661,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 272.5342,
        "buyer_yoy_all_avg_pct": 2513.169,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 2.2675374908404433,
        "market_share_change_1y_pp": -4.550890333872367,
        "peer_best_share_pct": 86.61539718408791,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 5,
        "buyer_market_hhi": 7671.25,
        "distance_km": 4952.734375,
        "has_reported_fta": 0,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.1766296790386956,
        "max_drawdown_pct": 99.98774804724576,
        "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": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 401011,
        "corridor_rank": 97,
        "exporter_iso3": "BEL",
        "importer_iso3": "ITA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 252476.4959841942,
        "exports_all_year_avg_usd": 68168.11527117073,
        "exports_avg_3y_usd": 85340.27622289976,
        "exports_avg_5y_usd": 60026.40760068452,
        "exports_avg_10y_usd": 32419.64938522217,
        "exports_cagr_3y_pct": 246.71419155898073,
        "exports_cagr_5y_pct": 108.01480373163503,
        "exports_cagr_10y_pct": 20.63074006131036,
        "exports_historical_peak_usd": 293228.7069623491,
        "buyer_imports_latest_observed_usd": 10459731.22767966,
        "historical_peak_year": 2003,
        "positive_growth_year_share_pct": 48,
        "trend_acceleration_pct": 226.08345149767038,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 138.2732,
        "buyer_yoy_all_avg_pct": 24.1832,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 2.4137952542801857,
        "market_share_change_1y_pp": 2.333782904224119,
        "peer_best_share_pct": 36.419224471887816,
        "peer_top_exporter": "NLD",
        "supplier_count_latest": 20,
        "buyer_market_hhi": 2126.48,
        "distance_km": 1174.9036865234375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.130922402306029,
        "max_drawdown_pct": 99.98910541487521,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 401011,
        "corridor_rank": 99,
        "exporter_iso3": "BEL",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 238566.78391189786,
        "exports_all_year_avg_usd": 126517.53980803289,
        "exports_avg_3y_usd": 114997.79977980723,
        "exports_avg_5y_usd": 76547.06315178725,
        "exports_avg_10y_usd": 48808.64435070518,
        "exports_cagr_3y_pct": 227.83692498976308,
        "exports_cagr_5y_pct": 138.59858708537217,
        "exports_cagr_10y_pct": 53.17145374481538,
        "exports_historical_peak_usd": 1963518.800197528,
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        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 52,
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        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -24.2404,
        "buyer_yoy_all_avg_pct": 13.7283,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 0.7346608188894743,
        "market_share_change_1y_pp": 0.5148907987006284,
        "peer_best_share_pct": 30.34083266607312,
        "peer_top_exporter": "POL",
        "supplier_count_latest": 39,
        "buyer_market_hhi": 1564.78,
        "distance_km": 5891.71142578125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.0467447546369697,
        "tariff_advantage_pp": null,
        "volatility_cv": 3.016918902834769,
        "max_drawdown_pct": 99.99788713473457,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 401011,
      "num_markets": 100,
      "highest_price_importer_iso3": "CAN",
      "highest_price_usd_per_ton": 49474000,
      "lowest_price_importer_iso3": "SAU",
      "lowest_price_usd_per_ton": 508.6858006042296,
      "median_price_across_markets": 31435.406698564595,
      "price_spread_pct": 157381.4259462355,
      "avg_quantity_metric_tons": 7.721332075471696,
      "total_trade_value_usd": 19431601
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 4545769.835463017,
        "active_destinations": 82,
        "yoy_growth_pct": -40.82186636333277
      },
      {
        "year": 2011,
        "export_value_usd": 6836398.065103921,
        "active_destinations": 83,
        "yoy_growth_pct": 50.3903257875261
      },
      {
        "year": 2012,
        "export_value_usd": 5888209.430947322,
        "active_destinations": 82,
        "yoy_growth_pct": -13.869710703310034
      },
      {
        "year": 2013,
        "export_value_usd": 4271681.001261891,
        "active_destinations": 79,
        "yoy_growth_pct": -27.453650360825517
      },
      {
        "year": 2014,
        "export_value_usd": 3640335.258928107,
        "active_destinations": 76,
        "yoy_growth_pct": -14.779796107136251
      },
      {
        "year": 2015,
        "export_value_usd": 2162239.4592494215,
        "active_destinations": 75,
        "yoy_growth_pct": -40.60328773438052
      },
      {
        "year": 2016,
        "export_value_usd": 2822810.824617463,
        "active_destinations": 71,
        "yoy_growth_pct": 30.55033347681787
      },
      {
        "year": 2017,
        "export_value_usd": 3095567.9381826585,
        "active_destinations": 69,
        "yoy_growth_pct": 9.662606901833685
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      {
        "year": 2018,
        "export_value_usd": 3709212.989926466,
        "active_destinations": 75,
        "yoy_growth_pct": 19.823343050389166
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      {
        "year": 2019,
        "export_value_usd": 4002937.1443546694,
        "active_destinations": 69,
        "yoy_growth_pct": 7.918772937167638
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      {
        "year": 2020,
        "export_value_usd": 4645249.431941263,
        "active_destinations": 70,
        "yoy_growth_pct": 16.046024816863415
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      {
        "year": 2021,
        "export_value_usd": 2939961.1695152735,
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        "yoy_growth_pct": -36.71037018378892
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      {
        "year": 2022,
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      {
        "year": 2023,
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      {
        "year": 2024,
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    ],
    "economy": {
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      "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": "401011",
    "hs_description": "Rubber: vulcanised, conveyor belts or belting, reinforced only with metal",
    "hs_chapter": 40,
    "hs_heading": 4010
  },
  "destinations": [
    {
      "hs_code": 401011,
      "corridor_rank": 91,
      "exporter_iso3": "BEL",
      "importer_iso3": "IDN",
      "latest_data_year": 2023,
      "lane_data_years": 21,
      "exports_latest_observed_usd": 298405.50566858985,
      "exports_all_year_avg_usd": 21077.85629157782,
      "exports_avg_3y_usd": 164647.09479227912,
      "exports_avg_5y_usd": 91936.59822901,
      "exports_avg_10y_usd": 41243.925503099286,
      "exports_cagr_3y_pct": 249.6515113979301,
      "exports_cagr_5y_pct": 251.79458436988565,
      "exports_cagr_10y_pct": 100.05131737078355,
      "exports_historical_peak_usd": 298405.50566858985,
      "buyer_imports_latest_observed_usd": 20155997.6675807,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 55,
      "trend_acceleration_pct": 149.60019402714656,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 12.8672,
      "buyer_yoy_all_avg_pct": 16.1203,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 1.6709767127957833,
      "market_share_change_1y_pp": 1.4219335642655853,
      "peer_best_share_pct": 59.650715449160415,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 22,
      "buyer_market_hhi": 3952.7,
      "distance_km": 11416.2841796875,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.17946165427272728,
      "tariff_advantage_pp": null,
      "volatility_cv": 2.9935766575811256,
      "max_drawdown_pct": 99.1651098964384,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier','long_distance_without_fta']",
      "signal_flag": "Accelerating",
      "confidence_label": "Medium",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 401011,
      "corridor_rank": 96,
      "exporter_iso3": "BEL",
      "importer_iso3": "GIN",
      "latest_data_year": 2019,
      "lane_data_years": 18,
      "exports_latest_observed_usd": 253493.91900000002,
      "exports_all_year_avg_usd": 61027.1719021944,
      "exports_avg_3y_usd": 253493.91900000002,
      "exports_avg_5y_usd": 172860.01764106483,
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  ],
  "prices": [],
  "priceSummary": {
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}
```