{
  "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/401031",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/401031",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/401031",
    "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": "401031",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 183,
    "current_lane_count": 153,
    "active_market_count": 153,
    "exports_latest_observed_lanes_usd": 33063850.027793128,
    "exports_current_2024_usd": 33035468.72204223,
    "exports_avg_3y_usd": 40752886.776065245,
    "exports_avg_5y_usd": 45007862.85872775,
    "exports_avg_10y_usd": 47309079.559375614,
    "exports_cagr_3y_pct": -14.991174648833317,
    "exports_cagr_5y_pct": -7.291695109411345,
    "exports_cagr_10y_pct": -4.233014432389403,
    "exports_all_year_lane_avg_usd": 42760671.152829565,
    "exports_historical_lane_peak_usd": 92912700.47104743,
    "historical_peak_year": 2021,
    "positive_growth_year_share_pct": 56,
    "trend_acceleration_pct": -10.758160216443914,
    "trend_label": "Rapid decline",
    "top_market_iso3": "FRA",
    "top_market_exports_usd": 9726431.677067913,
    "top_market_share_pct": 29.417117694678556,
    "destination_hhi": 1118.9503102279282,
    "weighted_share_latest_pct": 12.259377643992822,
    "weighted_share_change_1y_pp": -3.283908045181232,
    "weighted_volatility_cv": 0.66240487133322,
    "weighted_max_drawdown_pct": 64.8816151599554,
    "limited_history_lane_share_pct": 8.743169398907105,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 401031,
      "hs_description": "Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), V-ribbed, of an outside circumference exceeding 60cm but not exceeding 180 cm",
      "hs_chapter": 40,
      "hs_heading": 4010,
      "substitution_elasticity": -8.5821295,
      "price_range_label": null,
      "trade_type_label": null
    },
    "hs_description": "Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), V-ribbed, of an outside circumference exceeding 60cm but not exceeding 180 cm",
    "hs_chapter": 40,
    "hs_heading": 4010,
    "destinations": [
      {
        "hs_code": 401031,
        "corridor_rank": 10,
        "exporter_iso3": "BEL",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 9726431.677067913,
        "exports_all_year_avg_usd": 8254510.779925143,
        "exports_avg_3y_usd": 11654939.401050724,
        "exports_avg_5y_usd": 12922104.730779048,
        "exports_avg_10y_usd": 13039923.472249547,
        "exports_cagr_3y_pct": -12.96285220571628,
        "exports_cagr_5y_pct": -4.898952122662648,
        "exports_cagr_10y_pct": -0.5257584990785658,
        "exports_historical_peak_usd": 14894089.809378289,
        "buyer_imports_latest_observed_usd": 49038068.19149405,
        "historical_peak_year": 2020,
        "positive_growth_year_share_pct": 56,
        "trend_acceleration_pct": -12.437093706637715,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 9.4636,
        "buyer_yoy_all_avg_pct": 4.5844,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 19.83445114331609,
        "market_share_change_1y_pp": -8.010415186590983,
        "peer_best_share_pct": 28.026987451875705,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 61,
        "buyer_market_hhi": 1564.51,
        "distance_km": 262.384521484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.5022341284486901,
        "max_drawdown_pct": 34.69603177131698,
        "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": 401031,
        "corridor_rank": 58,
        "exporter_iso3": "BEL",
        "importer_iso3": "ARE",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 2822483.1116752736,
        "exports_all_year_avg_usd": 493031.7450828528,
        "exports_avg_3y_usd": 2273690.5494027445,
        "exports_avg_5y_usd": 1828809.1504734128,
        "exports_avg_10y_usd": 1095160.6129532852,
        "exports_cagr_3y_pct": 34.90541665369222,
        "exports_cagr_5y_pct": 40.94387239514785,
        "exports_cagr_10y_pct": 22.277019969755173,
        "exports_historical_peak_usd": 2822483.1116752736,
        "buyer_imports_latest_observed_usd": 30767117.558447737,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 64,
        "trend_acceleration_pct": 12.628396683937048,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 7.2789,
        "buyer_yoy_all_avg_pct": 11.3324,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 9.173700156712613,
        "market_share_change_1y_pp": 1.3590082705872302,
        "peer_best_share_pct": 31.572561628305696,
        "peer_top_exporter": "JPN",
        "supplier_count_latest": 59,
        "buyer_market_hhi": 1499.81,
        "distance_km": 5159.97021484375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.052146291145454514,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.4654745670726352,
        "max_drawdown_pct": 69.2647756508827,
        "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": 401031,
        "corridor_rank": 67,
        "exporter_iso3": "BEL",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 2411156.720659387,
        "exports_all_year_avg_usd": 5929496.338255111,
        "exports_avg_3y_usd": 3622553.6247658622,
        "exports_avg_5y_usd": 3742778.09440922,
        "exports_avg_10y_usd": 4754582.962263053,
        "exports_cagr_3y_pct": -14.943681105342721,
        "exports_cagr_5y_pct": -11.4649870603164,
        "exports_cagr_10y_pct": -9.707069354972242,
        "exports_historical_peak_usd": 11379155.121080909,
        "buyer_imports_latest_observed_usd": 13566786.829157846,
        "historical_peak_year": 2011,
        "positive_growth_year_share_pct": 52,
        "trend_acceleration_pct": -5.2366117503704785,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 0.1242,
        "buyer_yoy_all_avg_pct": 2.9908,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 17.77249654632525,
        "market_share_change_1y_pp": -12.56284729150483,
        "peer_best_share_pct": 31.125940838178206,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 64,
        "buyer_market_hhi": 1795.95,
        "distance_km": 173.03326416015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.4357569812827879,
        "max_drawdown_pct": 78.81075796047018,
        "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": 401031,
        "corridor_rank": 80,
        "exporter_iso3": "BEL",
        "importer_iso3": "POL",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 2010732.0797051664,
        "exports_all_year_avg_usd": 2930219.8418221613,
        "exports_avg_3y_usd": 3771925.0146432687,
        "exports_avg_5y_usd": 4357236.700804935,
        "exports_avg_10y_usd": 3756627.5234777606,
        "exports_cagr_3y_pct": -30.60245353144053,
        "exports_cagr_5y_pct": -13.787908311423703,
        "exports_cagr_10y_pct": -3.541010654955057,
        "exports_historical_peak_usd": 6016194.353679707,
        "buyer_imports_latest_observed_usd": 34144112.312846124,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 60,
        "trend_acceleration_pct": -27.061442876485476,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 3.8153,
        "buyer_yoy_all_avg_pct": 10.7241,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 5.888956963595341,
        "market_share_change_1y_pp": -7.54947790246179,
        "peer_best_share_pct": 51.61871821062015,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 57,
        "buyer_market_hhi": 2938.41,
        "distance_km": 1160.6441650390625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.08183472355387879,
        "tariff_advantage_pp": 0.046077346169494965,
        "volatility_cv": 0.40281915149085357,
        "max_drawdown_pct": 66.57800660187557,
        "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"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 401031,
      "num_markets": 167,
      "highest_price_importer_iso3": "ARG",
      "highest_price_usd_per_ton": 3888500,
      "lowest_price_importer_iso3": "NAM",
      "lowest_price_usd_per_ton": 274.43315089913995,
      "median_price_across_markets": 45000,
      "price_spread_pct": 8640.501259664668,
      "avg_quantity_metric_tons": 7.832194520547943,
      "total_trade_value_usd": 219338466
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 47381748.49724501,
        "active_destinations": 139,
        "yoy_growth_pct": 8.710947618275949
      },
      {
        "year": 2011,
        "export_value_usd": 51341918.31399448,
        "active_destinations": 144,
        "yoy_growth_pct": 8.35800691690331
      },
      {
        "year": 2012,
        "export_value_usd": 44569035.706124924,
        "active_destinations": 149,
        "yoy_growth_pct": -13.19172097631468
      },
      {
        "year": 2013,
        "export_value_usd": 50730415.53590809,
        "active_destinations": 153,
        "yoy_growth_pct": 13.824350767670824
      },
      {
        "year": 2014,
        "export_value_usd": 50912250.938494764,
        "active_destinations": 152,
        "yoy_growth_pct": 0.3584346799958087
      },
      {
        "year": 2015,
        "export_value_usd": 47685547.3454232,
        "active_destinations": 153,
        "yoy_growth_pct": -6.337774373734974
      },
      {
        "year": 2016,
        "export_value_usd": 50418426.97230243,
        "active_destinations": 155,
        "yoy_growth_pct": 5.7310438466457665
      },
      {
        "year": 2017,
        "export_value_usd": 49690339.406431764,
        "active_destinations": 158,
        "yoy_growth_pct": -1.4440902058896898
      },
      {
        "year": 2018,
        "export_value_usd": 52019392.14693179,
        "active_destinations": 160,
        "yoy_growth_pct": 4.687133894276762
      },
      {
        "year": 2019,
        "export_value_usd": 48237775.42902827,
        "active_destinations": 162,
        "yoy_growth_pct": -7.269628809237373
      },
      {
        "year": 2020,
        "export_value_usd": 49004662.315335944,
        "active_destinations": 157,
        "yoy_growth_pct": 1.5898056647242869
      },
      {
        "year": 2021,
        "export_value_usd": 53775991.65010704,
        "active_destinations": 157,
        "yoy_growth_pct": 9.736480386434405
      },
      {
        "year": 2022,
        "export_value_usd": 45515159.682933755,
        "active_destinations": 153,
        "yoy_growth_pct": -15.361561383976529
      },
      {
        "year": 2023,
        "export_value_usd": 43708031.92321974,
        "active_destinations": 152,
        "yoy_growth_pct": -3.9703865092482817
      },
      {
        "year": 2024,
        "export_value_usd": 33035468.72204224,
        "active_destinations": 153,
        "yoy_growth_pct": -24.41785349641364
      }
    ],
    "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": "401031",
    "hs_description": "Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), V-ribbed, of an outside circumference exceeding 60cm but not exceeding 180 cm",
    "hs_chapter": 40,
    "hs_heading": 4010
  },
  "destinations": [
    {
      "hs_code": 401031,
      "corridor_rank": 10,
      "exporter_iso3": "BEL",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 9726431.677067913,
      "exports_all_year_avg_usd": 8254510.779925143,
      "exports_avg_3y_usd": 11654939.401050724,
      "exports_avg_5y_usd": 12922104.730779048,
      "exports_avg_10y_usd": 13039923.472249547,
      "exports_cagr_3y_pct": -12.96285220571628,
      "exports_cagr_5y_pct": -4.898952122662648,
      "exports_cagr_10y_pct": -0.5257584990785658,
      "exports_historical_peak_usd": 14894089.809378289,
      "buyer_imports_latest_observed_usd": 49038068.19149405,
      "historical_peak_year": 2020,
      "positive_growth_year_share_pct": 56,
      "trend_acceleration_pct": -12.437093706637715,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": 9.4636,
      "buyer_yoy_all_avg_pct": 4.5844,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 19.83445114331609,
      "market_share_change_1y_pp": -8.010415186590983,
      "peer_best_share_pct": 28.026987451875705,
      "peer_top_exporter": "DEU",
      "supplier_count_latest": 61,
      "buyer_market_hhi": 1564.51,
      "distance_km": 262.384521484375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.5022341284486901,
      "max_drawdown_pct": 34.69603177131698,
      "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": 401031,
      "corridor_rank": 58,
      "exporter_iso3": "BEL",
      "importer_iso3": "ARE",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 2822483.1116752736,
      "exports_all_year_avg_usd": 493031.7450828528,
      "exports_avg_3y_usd": 2273690.5494027445,
      "exports_avg_5y_usd": 1828809.1504734128,
      "exports_avg_10y_usd": 1095160.6129532852,
      "exports_cagr_3y_pct": 34.90541665369222,
      "exports_cagr_5y_pct": 40.94387239514785,
      "exports_cagr_10y_pct": 22.277019969755173,
      "exports_historical_peak_usd": 2822483.1116752736,
      "buyer_imports_latest_observed_usd": 30767117.558447737,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 64,
      "trend_acceleration_pct": 12.628396683937048,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 7.2789,
      "buyer_yoy_all_avg_pct": 11.3324,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 9.173700156712613,
      "market_share_change_1y_pp": 1.3590082705872302,
      "peer_best_share_pct": 31.572561628305696,
      "peer_top_exporter": "JPN",
      "supplier_count_latest": 59,
      "buyer_market_hhi": 1499.81,
      "distance_km": 5159.97021484375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.052146291145454514,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.4654745670726352,
      "max_drawdown_pct": 69.2647756508827,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
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