{ "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/401032", "links": { "product": "https://www.yugalinks.com/trade/product/401032", "exporter": "https://www.yugalinks.com/trade/exporter/bel/401032", "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": "401032", "exporter_iso3": "BEL", "first_data_year": 1999, "latest_data_year": 2024, "observed_lane_count": 177, "current_lane_count": 149, "active_market_count": 149, "exports_latest_observed_lanes_usd": 4642076.375683194, "exports_current_2024_usd": 4625000.435956876, "exports_avg_3y_usd": 4701011.912311205, "exports_avg_5y_usd": 5189812.217725757, "exports_avg_10y_usd": 5298520.420816822, "exports_cagr_3y_pct": -4.072945383800485, "exports_cagr_5y_pct": -1.958250335728795, "exports_cagr_10y_pct": -4.630884964546156, "exports_all_year_lane_avg_usd": 6982447.426020731, "exports_historical_lane_peak_usd": 18578309.72314702, "historical_peak_year": 2008, "positive_growth_year_share_pct": 48, "trend_acceleration_pct": 0.5579395807456704, "trend_label": "Declining", "top_market_iso3": "ITA", "top_market_exports_usd": 652069.5893551541, "top_market_share_pct": 14.046937977387032, "destination_hhi": 651.965061215321, "weighted_share_latest_pct": 5.5394150973568, "weighted_share_change_1y_pp": 0.5290392917035295, "weighted_volatility_cv": 0.6610376488866798, "weighted_max_drawdown_pct": 84.09439219998725, "limited_history_lane_share_pct": 10.734463276836157, "data_freshness_years": 0, "coverage_score": 100, "confidence_label": "High", "refreshed_at": "2026-07-20 09:28:14", "source": "api", "product": { "hs_code": 401032, "hs_description": "Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference exceeding 60cm but not exceeding 180 cm", "hs_chapter": 40, "hs_heading": 4010, "substitution_elasticity": -8.6941462, "price_range_label": null, "trade_type_label": null }, "hs_description": "Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference exceeding 60cm but not exceeding 180 cm", "hs_chapter": 40, "hs_heading": 4010, "destinations": [ { "hs_code": 401032, "corridor_rank": 44, "exporter_iso3": "BEL", "importer_iso3": "ITA", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 652069.5893551541, "exports_all_year_avg_usd": 1071458.1031237054, "exports_avg_3y_usd": 765868.3349109548, "exports_avg_5y_usd": 745005.568230574, "exports_avg_10y_usd": 838224.0416375038, "exports_cagr_3y_pct": 2.2610629686384165, "exports_cagr_5y_pct": -4.4943894872969565, "exports_cagr_10y_pct": -3.7429755997912317, "exports_historical_peak_usd": 2036203.7850656845, "buyer_imports_latest_observed_usd": 13880644.686677549, "historical_peak_year": 2008, "positive_growth_year_share_pct": 40, "trend_acceleration_pct": 6.004038568429648, "trend_label": "Stable", "buyer_yoy_latest_pct": -1.2193, "buyer_yoy_all_avg_pct": 4.0614, "buyer_trend_consistency_pct": 51.7241, "market_share_latest_pct": 4.697689509918812, "market_share_change_1y_pp": -0.3210956853925362, "peer_best_share_pct": 45.71909319742768, "peer_top_exporter": "DEU", "supplier_count_latest": 37, "buyer_market_hhi": 2627.61, "distance_km": 1174.9036865234375, "has_reported_fta": 1, "applied_tariff_pct": 0, "tariff_advantage_pp": 0, "volatility_cv": 0.3564178266359329, "max_drawdown_pct": 70.05379469066165, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market']", "signal_flag": "Stable", "confidence_label": "High", "refreshed_at": "2026-07-20 09:30:25" }, { "hs_code": 401032, "corridor_rank": 51, "exporter_iso3": "BEL", "importer_iso3": "FRA", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 498184.50208951463, "exports_all_year_avg_usd": 975493.0534552505, "exports_avg_3y_usd": 974001.6446592758, "exports_avg_5y_usd": 1265595.3000036692, "exports_avg_10y_usd": 963972.0025671553, "exports_cagr_3y_pct": -26.797303222342283, "exports_cagr_5y_pct": 1.2829741344697831, "exports_cagr_10y_pct": -9.336817331337743, "exports_historical_peak_usd": 2135956.213544666, "buyer_imports_latest_observed_usd": 13990078.00695512, "historical_peak_year": 2020, "positive_growth_year_share_pct": 36, "trend_acceleration_pct": -17.460485891004538, "trend_label": "Rapid decline", "buyer_yoy_latest_pct": 11.2016, "buyer_yoy_all_avg_pct": 4.7395, "buyer_trend_consistency_pct": 58.6207, "market_share_latest_pct": 3.5609844479912396, "market_share_change_1y_pp": -6.234752001957249, "peer_best_share_pct": 42.81515281301472, "peer_top_exporter": "DEU", "supplier_count_latest": 65, "buyer_market_hhi": 2181.03, "distance_km": 262.384521484375, "has_reported_fta": 1, "applied_tariff_pct": 0, "tariff_advantage_pp": 0, "volatility_cv": 0.46119291311907784, "max_drawdown_pct": 76.67627740070726, "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": 401032, "corridor_rank": 56, "exporter_iso3": "BEL", "importer_iso3": "DEU", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 372811.3814849425, "exports_all_year_avg_usd": 638047.4465348532, "exports_avg_3y_usd": 359251.2150122707, "exports_avg_5y_usd": 405752.4202361376, "exports_avg_10y_usd": 410561.79636162054, "exports_cagr_3y_pct": -9.558302875042045, "exports_cagr_5y_pct": -4.364896248368111, "exports_cagr_10y_pct": -0.30835673590366985, "exports_historical_peak_usd": 1809555.7682402087, "buyer_imports_latest_observed_usd": 27054218.733400535, "historical_peak_year": 2002, "positive_growth_year_share_pct": 48, "trend_acceleration_pct": -9.249946139138375, "trend_label": "Declining", "buyer_yoy_latest_pct": 15.6286, "buyer_yoy_all_avg_pct": 9.6066, "buyer_trend_consistency_pct": 62.069, "market_share_latest_pct": 1.3780156993581114, "market_share_change_1y_pp": -0.17034816529351615, "peer_best_share_pct": 42.81333918683681, "peer_top_exporter": "ROU", "supplier_count_latest": 55, "buyer_market_hhi": 2280.03, "distance_km": 196.8760986328125, "has_reported_fta": 1, "applied_tariff_pct": 0, "tariff_advantage_pp": 0, "volatility_cv": 0.5822938569917834, "max_drawdown_pct": 81.0636588661137, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": "['unrecovered_drawdown']", "signal_flag": "Slowing", "confidence_label": "High", "refreshed_at": "2026-07-20 09:30:25" }, { "hs_code": 401032, "corridor_rank": 99, "exporter_iso3": "BEL", "importer_iso3": "USA", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 107479.85292907164, "exports_all_year_avg_usd": 46906.96590752363, "exports_avg_3y_usd": 79100.62029526668, "exports_avg_5y_usd": 65639.13756552924, "exports_avg_10y_usd": 72251.1926680784, "exports_cagr_3y_pct": 28.182406748689772, "exports_cagr_5y_pct": 8.756522794333499, "exports_cagr_10y_pct": 13.480177982300567, "exports_historical_peak_usd": 107479.85292907164, "buyer_imports_latest_observed_usd": 49662801.645104356, "historical_peak_year": 2024, "positive_growth_year_share_pct": 64, "trend_acceleration_pct": 14.702228766389204, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": -5.7191, "buyer_yoy_all_avg_pct": 4.7102, "buyer_trend_consistency_pct": 55.1724, "market_share_latest_pct": 0.2164192300247861, "market_share_change_1y_pp": 0.11537727374263004, "peer_best_share_pct": 34.4606699766082, "peer_top_exporter": "MEX", "supplier_count_latest": 54, "buyer_market_hhi": 1840.54, "distance_km": 5891.71142578125, "has_reported_fta": 0, "applied_tariff_pct": 0.0467447546369697, "tariff_advantage_pp": null, "volatility_cv": 0.6066733799699812, "max_drawdown_pct": 99.90453008392414, "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": 401032, "num_markets": 151, "highest_price_importer_iso3": "KOR", "highest_price_usd_per_ton": 1563000, "lowest_price_importer_iso3": "GHA", "lowest_price_usd_per_ton": 749.4780793319416, "median_price_across_markets": 47000, "price_spread_pct": 3323.937280682272, "avg_quantity_metric_tons": 1.266987711213518, "total_trade_value_usd": 23837803 }, "history": [ { "year": 2010, "export_value_usd": 8111032.562644241, "active_destinations": 131, "yoy_growth_pct": -10.039636964555253 }, { "year": 2011, "export_value_usd": 8161250.8161050845, "active_destinations": 132, "yoy_growth_pct": 0.6191351479973801 }, { "year": 2012, "export_value_usd": 6007552.1922469, "active_destinations": 128, "yoy_growth_pct": -26.38932036751232 }, { "year": 2013, "export_value_usd": 6442448.810387669, "active_destinations": 120, "yoy_growth_pct": 7.239165041329628 }, { "year": 2014, "export_value_usd": 7430777.394447148, "active_destinations": 129, "yoy_growth_pct": 15.340883771803021 }, { "year": 2015, "export_value_usd": 5327981.608709909, "active_destinations": 134, "yoy_growth_pct": -28.298462921370927 }, { "year": 2016, "export_value_usd": 5306733.476295118, "active_destinations": 140, "yoy_growth_pct": -0.3988026606558749 }, { "year": 2017, "export_value_usd": 5305081.539751634, "active_destinations": 136, "yoy_growth_pct": -0.031129065570436626 }, { "year": 2018, "export_value_usd": 5990632.158917539, "active_destinations": 149, "yoy_growth_pct": 12.922527467843596 }, { "year": 2019, "export_value_usd": 5105714.335865229, "active_destinations": 143, "yoy_growth_pct": -14.771693530457181 }, { "year": 2020, "export_value_usd": 6606542.19881473, "active_destinations": 140, "yoy_growth_pct": 29.395061380674875 }, { "year": 2021, "export_value_usd": 5239483.152880437, "active_destinations": 143, "yoy_growth_pct": -20.69250456281889 }, { "year": 2022, "export_value_usd": 4735451.979073991, "active_destinations": 147, "yoy_growth_pct": -9.61986438546618 }, { "year": 2023, "export_value_usd": 4742583.321902747, "active_destinations": 145, "yoy_growth_pct": 0.15059476603858876 }, { "year": 2024, "export_value_usd": 4625000.435956875, "active_destinations": 149, "yoy_growth_pct": -2.479300372074382 } ], "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": "401032", "hs_description": "Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), other than V-ribbed, of an outside circumference exceeding 60cm but not exceeding 180 cm", "hs_chapter": 40, "hs_heading": 4010 }, "destinations": [ { "hs_code": 401032, "corridor_rank": 44, "exporter_iso3": "BEL", "importer_iso3": "ITA", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 652069.5893551541, "exports_all_year_avg_usd": 1071458.1031237054, "exports_avg_3y_usd": 765868.3349109548, "exports_avg_5y_usd": 745005.568230574, "exports_avg_10y_usd": 838224.0416375038, "exports_cagr_3y_pct": 2.2610629686384165, "exports_cagr_5y_pct": -4.4943894872969565, "exports_cagr_10y_pct": -3.7429755997912317, "exports_historical_peak_usd": 2036203.7850656845, "buyer_imports_latest_observed_usd": 13880644.686677549, "historical_peak_year": 2008, "positive_growth_year_share_pct": 40, "trend_acceleration_pct": 6.004038568429648, "trend_label": "Stable", "buyer_yoy_latest_pct": -1.2193, "buyer_yoy_all_avg_pct": 4.0614, "buyer_trend_consistency_pct": 51.7241, "market_share_latest_pct": 4.697689509918812, "market_share_change_1y_pp": -0.3210956853925362, "peer_best_share_pct": 45.71909319742768, "peer_top_exporter": "DEU", "supplier_count_latest": 37, "buyer_market_hhi": 2627.61, "distance_km": 1174.9036865234375, "has_reported_fta": 1, "applied_tariff_pct": 0, "tariff_advantage_pp": 0, "volatility_cv": 0.3564178266359329, "max_drawdown_pct": 70.05379469066165, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market']", "signal_flag": "Stable", "confidence_label": "High", "refreshed_at": "2026-07-20 09:30:25" }, { "hs_code": 401032, "corridor_rank": 51, "exporter_iso3": "BEL", "importer_iso3": "FRA", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 498184.50208951463, "exports_all_year_avg_usd": 975493.0534552505, "exports_avg_3y_usd": 974001.6446592758, "exports_avg_5y_usd": 1265595.3000036692, "exports_avg_10y_usd": 963972.0025671553, "exports_cagr_3y_pct": -26.797303222342283, "exports_cagr_5y_pct": 1.2829741344697831, "exports_cagr_10y_pct": -9.336817331337743, "exports_historical_peak_usd": 2135956.213544666, "buyer_imports_latest_observed_usd": 13990078.00695512, "historical_peak_year": 2020, "positive_growth_year_share_pct": 36, "trend_acceleration_pct": -17.460485891004538, "trend_label": "Rapid decline", "buyer_yoy_latest_pct": 11.2016, "buyer_yoy_all_avg_pct": 4.7395, "buyer_trend_consistency_pct": 58.6207, "market_share_latest_pct": 3.5609844479912396, "market_share_change_1y_pp": -6.234752001957249, "peer_best_share_pct": 42.81515281301472, "peer_top_exporter": "DEU", "supplier_count_latest": 65, "buyer_market_hhi": 2181.03, "distance_km": 262.384521484375, "has_reported_fta": 1, "applied_tariff_pct": 0, "tariff_advantage_pp": 0, "volatility_cv": 0.46119291311907784, "max_drawdown_pct": 76.67627740070726, "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": 401032, "corridor_rank": 56, "exporter_iso3": "BEL", "importer_iso3": "DEU", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 372811.3814849425, "exports_all_year_avg_usd": 638047.4465348532, "exports_avg_3y_usd": 359251.2150122707, "exports_avg_5y_usd": 405752.4202361376, "exports_avg_10y_usd": 410561.79636162054, "exports_cagr_3y_pct": -9.558302875042045, "exports_cagr_5y_pct": -4.364896248368111, "exports_cagr_10y_pct": -0.30835673590366985, "exports_historical_peak_usd": 1809555.7682402087, "buyer_imports_latest_observed_usd": 27054218.733400535, "historical_peak_year": 2002, "positive_growth_year_share_pct": 48, "trend_acceleration_pct": -9.249946139138375, "trend_label": "Declining", "buyer_yoy_latest_pct": 15.6286, "buyer_yoy_all_avg_pct": 9.6066, "buyer_trend_consistency_pct": 62.069, "market_share_latest_pct": 1.3780156993581114, "market_share_change_1y_pp": -0.17034816529351615, "peer_best_share_pct": 42.81333918683681, "peer_top_exporter": "ROU", "supplier_count_latest": 55, "buyer_market_hhi": 2280.03, "distance_km": 196.8760986328125, "has_reported_fta": 1, "applied_tariff_pct": 0, "tariff_advantage_pp": 0, "volatility_cv": 0.5822938569917834, "max_drawdown_pct": 81.0636588661137, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": "['unrecovered_drawdown']", "signal_flag": "Slowing", "confidence_label": "High", "refreshed_at": "2026-07-20 09:30:25" }, { "hs_code": 401032, "corridor_rank": 99, "exporter_iso3": "BEL", "importer_iso3": "USA", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 107479.85292907164, "exports_all_year_avg_usd": 46906.96590752363, "exports_avg_3y_usd": 79100.62029526668, "exports_avg_5y_usd": 65639.13756552924, "exports_avg_10y_usd": 72251.1926680784, "exports_cagr_3y_pct": 28.182406748689772, "exports_cagr_5y_pct": 8.756522794333499, "exports_cagr_10y_pct": 13.480177982300567, "exports_historical_peak_usd": 107479.85292907164, "buyer_imports_latest_observed_usd": 49662801.645104356, "historical_peak_year": 2024, "positive_growth_year_share_pct": 64, "trend_acceleration_pct": 14.702228766389204, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": -5.7191, "buyer_yoy_all_avg_pct": 4.7102, "buyer_trend_consistency_pct": 55.1724, "market_share_latest_pct": 0.2164192300247861, "market_share_change_1y_pp": 0.11537727374263004, "peer_best_share_pct": 34.4606699766082, "peer_top_exporter": "MEX", "supplier_count_latest": 54, "buyer_market_hhi": 1840.54, "distance_km": 5891.71142578125, "has_reported_fta": 0, "applied_tariff_pct": 0.0467447546369697, "tariff_advantage_pp": null, "volatility_cv": 0.6066733799699812, "max_drawdown_pct": 99.90453008392414, "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" } ], "prices": [], "priceSummary": { "exporter_iso3": "BEL", "hs_code": 401032, "num_markets": 151, "highest_price_importer_iso3": "KOR", "highest_price_usd_per_ton": 1563000, "lowest_price_importer_iso3": "GHA", "lowest_price_usd_per_ton": 749.4780793319416, "median_price_across_markets": 47000, "price_spread_pct": 3323.937280682272, "avg_quantity_metric_tons": 1.266987711213518, "total_trade_value_usd": 23837803 }, "history": [ { "year": 2010, "export_value_usd": 8111032.562644241, "active_destinations": 131, "yoy_growth_pct": -10.039636964555253 }, { "year": 2011, "export_value_usd": 8161250.8161050845, "active_destinations": 132, "yoy_growth_pct": 0.6191351479973801 }, { "year": 2012, "export_value_usd": 6007552.1922469, "active_destinations": 128, "yoy_growth_pct": -26.38932036751232 }, { "year": 2013, "export_value_usd": 6442448.810387669, "active_destinations": 120, "yoy_growth_pct": 7.239165041329628 }, { "year": 2014, "export_value_usd": 7430777.394447148, "active_destinations": 129, "yoy_growth_pct": 15.340883771803021 }, { "year": 2015, "export_value_usd": 5327981.608709909, "active_destinations": 134, "yoy_growth_pct": -28.298462921370927 }, { "year": 2016, "export_value_usd": 5306733.476295118, "active_destinations": 140, "yoy_growth_pct": -0.3988026606558749 }, { "year": 2017, "export_value_usd": 5305081.539751634, "active_destinations": 136, "yoy_growth_pct": -0.031129065570436626 }, { "year": 2018, "export_value_usd": 5990632.158917539, "active_destinations": 149, "yoy_growth_pct": 12.922527467843596 }, { "year": 2019, "export_value_usd": 5105714.335865229, "active_destinations": 143, "yoy_growth_pct": -14.771693530457181 }, { "year": 2020, "export_value_usd": 6606542.19881473, "active_destinations": 140, "yoy_growth_pct": 29.395061380674875 }, { "year": 2021, "export_value_usd": 5239483.152880437, "active_destinations": 143, "yoy_growth_pct": -20.69250456281889 }, { "year": 2022, "export_value_usd": 4735451.979073991, "active_destinations": 147, "yoy_growth_pct": -9.61986438546618 }, { "year": 2023, "export_value_usd": 4742583.321902747, "active_destinations": 145, "yoy_growth_pct": 0.15059476603858876 }, { "year": 2024, "export_value_usd": 4625000.435956875, "active_destinations": 149, "yoy_growth_pct": -2.479300372074382 } ], "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 } }