{
  "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/401033",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/401033",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/401033",
    "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": "401033",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 163,
    "current_lane_count": 125,
    "active_market_count": 125,
    "exports_latest_observed_lanes_usd": 4984540.653251323,
    "exports_current_2024_usd": 4932385.595677824,
    "exports_avg_3y_usd": 6213302.490425267,
    "exports_avg_5y_usd": 7135221.172998193,
    "exports_avg_10y_usd": 7739811.084229405,
    "exports_cagr_3y_pct": -18.189516004559202,
    "exports_cagr_5y_pct": -9.218031346667665,
    "exports_cagr_10y_pct": -5.6645183251758375,
    "exports_all_year_lane_avg_usd": 6610331.691345177,
    "exports_historical_lane_peak_usd": 17701026.51500633,
    "historical_peak_year": 2021,
    "positive_growth_year_share_pct": 56,
    "trend_acceleration_pct": -12.524997679383365,
    "trend_label": "Rapid decline",
    "top_market_iso3": "ARE",
    "top_market_exports_usd": 692538.5031889344,
    "top_market_share_pct": 13.893727654467106,
    "destination_hhi": 431.81133157201805,
    "weighted_share_latest_pct": 8.732393687241444,
    "weighted_share_change_1y_pp": -0.5363689999333684,
    "weighted_volatility_cv": 0.9331188133621228,
    "weighted_max_drawdown_pct": 88.50672804022305,
    "limited_history_lane_share_pct": 16.56441717791411,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 401033,
      "hs_description": "Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), V-ribbed, of an outside circumference exceeding 180cm but not exceeding 240 cm",
      "hs_chapter": 40,
      "hs_heading": 4010,
      "substitution_elasticity": -7.4054537,
      "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 180cm but not exceeding 240 cm",
    "hs_chapter": 40,
    "hs_heading": 4010,
    "destinations": [
      {
        "hs_code": 401033,
        "corridor_rank": 27,
        "exporter_iso3": "BEL",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 142924.03362057728,
        "exports_all_year_avg_usd": 698564.4270738622,
        "exports_avg_3y_usd": 221244.22837839424,
        "exports_avg_5y_usd": 321348.4657194978,
        "exports_avg_10y_usd": 406464.64766231255,
        "exports_cagr_3y_pct": -32.38978621626026,
        "exports_cagr_5y_pct": -20.19537231559826,
        "exports_cagr_10y_pct": -12.834036504485214,
        "exports_historical_peak_usd": 2830875.418959946,
        "buyer_imports_latest_observed_usd": 23904151.41224602,
        "historical_peak_year": 1999,
        "positive_growth_year_share_pct": 36,
        "trend_acceleration_pct": -19.55574971177505,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 17.4149,
        "buyer_yoy_all_avg_pct": 9.1304,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 0.5979046532785838,
        "market_share_change_1y_pp": -0.5422173788363048,
        "peer_best_share_pct": 21.89731015980311,
        "peer_top_exporter": "GBR",
        "supplier_count_latest": 48,
        "buyer_market_hhi": 1349.14,
        "distance_km": 196.8760986328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.919863755927896,
        "max_drawdown_pct": 94.95124254980153,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Declining",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 401033,
        "corridor_rank": 35,
        "exporter_iso3": "BEL",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 23,
        "exports_latest_observed_usd": 37159.11288992484,
        "exports_all_year_avg_usd": 42223.76531457559,
        "exports_avg_3y_usd": 18711.6437374484,
        "exports_avg_5y_usd": 14084.116328241973,
        "exports_avg_10y_usd": 64301.6701499074,
        "exports_cagr_3y_pct": 97.42441814711174,
        "exports_cagr_5y_pct": 265.83102464335,
        "exports_cagr_10y_pct": -5.831054889468678,
        "exports_historical_peak_usd": 390865.4533114301,
        "buyer_imports_latest_observed_usd": 31955867.06084349,
        "historical_peak_year": 2015,
        "positive_growth_year_share_pct": 45.45454545454545,
        "trend_acceleration_pct": 103.25547303658041,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -8.7916,
        "buyer_yoy_all_avg_pct": 5.6008,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 0.11628259943369539,
        "market_share_change_1y_pp": 0.11552859297178532,
        "peer_best_share_pct": 49.42356682287067,
        "peer_top_exporter": "MEX",
        "supplier_count_latest": 41,
        "buyer_market_hhi": 2857.52,
        "distance_km": 5891.71142578125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.0467447546369697,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.9847627016631697,
        "max_drawdown_pct": 99.98549107007426,
        "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": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 401033,
      "num_markets": 137,
      "highest_price_importer_iso3": "ARG",
      "highest_price_usd_per_ton": 2285250,
      "lowest_price_importer_iso3": "AGO",
      "lowest_price_usd_per_ton": 766.990291262136,
      "median_price_across_markets": 46000,
      "price_spread_pct": 4966.2674124103005,
      "avg_quantity_metric_tons": 1.675650450450451,
      "total_trade_value_usd": 34573991
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 6400589.346927993,
        "active_destinations": 92,
        "yoy_growth_pct": 18.967020113910618
      },
      {
        "year": 2011,
        "export_value_usd": 7307177.459393888,
        "active_destinations": 99,
        "yoy_growth_pct": 14.164134946432988
      },
      {
        "year": 2012,
        "export_value_usd": 6812786.901254199,
        "active_destinations": 104,
        "yoy_growth_pct": -6.765821151696742
      },
      {
        "year": 2013,
        "export_value_usd": 8448920.769945601,
        "active_destinations": 108,
        "yoy_growth_pct": 24.015632551051873
      },
      {
        "year": 2014,
        "export_value_usd": 8837029.563957034,
        "active_destinations": 117,
        "yoy_growth_pct": 4.593590170616922
      },
      {
        "year": 2015,
        "export_value_usd": 8552356.459205344,
        "active_destinations": 119,
        "yoy_growth_pct": -3.2213664409675102
      },
      {
        "year": 2016,
        "export_value_usd": 7826920.118987778,
        "active_destinations": 116,
        "yoy_growth_pct": -8.482297758259847
      },
      {
        "year": 2017,
        "export_value_usd": 8489387.451085046,
        "active_destinations": 120,
        "yoy_growth_pct": 8.46395928444638
      },
      {
        "year": 2018,
        "export_value_usd": 8853911.01528564,
        "active_destinations": 119,
        "yoy_growth_pct": 4.293873572162179
      },
      {
        "year": 2019,
        "export_value_usd": 7999429.932739284,
        "active_destinations": 126,
        "yoy_growth_pct": -9.650888529048409
      },
      {
        "year": 2020,
        "export_value_usd": 8028161.943393342,
        "active_destinations": 118,
        "yoy_growth_pct": 0.3591757274661129
      },
      {
        "year": 2021,
        "export_value_usd": 9008036.450321825,
        "active_destinations": 117,
        "yoy_growth_pct": 12.205465134330733
      },
      {
        "year": 2022,
        "export_value_usd": 7561434.66911098,
        "active_destinations": 111,
        "yoy_growth_pct": -16.05901340640294
      },
      {
        "year": 2023,
        "export_value_usd": 6146087.206486996,
        "active_destinations": 113,
        "yoy_growth_pct": -18.717975153654145
      },
      {
        "year": 2024,
        "export_value_usd": 4932385.595677825,
        "active_destinations": 125,
        "yoy_growth_pct": -19.74754945761506
      }
    ],
    "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": "401033",
    "hs_description": "Rubber: vulcanised, endless transmission belts of trapezoidal cross-section (V-belts), V-ribbed, of an outside circumference exceeding 180cm but not exceeding 240 cm",
    "hs_chapter": 40,
    "hs_heading": 4010
  },
  "destinations": [
    {
      "hs_code": 401033,
      "corridor_rank": 27,
      "exporter_iso3": "BEL",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 142924.03362057728,
      "exports_all_year_avg_usd": 698564.4270738622,
      "exports_avg_3y_usd": 221244.22837839424,
      "exports_avg_5y_usd": 321348.4657194978,
      "exports_avg_10y_usd": 406464.64766231255,
      "exports_cagr_3y_pct": -32.38978621626026,
      "exports_cagr_5y_pct": -20.19537231559826,
      "exports_cagr_10y_pct": -12.834036504485214,
      "exports_historical_peak_usd": 2830875.418959946,
      "buyer_imports_latest_observed_usd": 23904151.41224602,
      "historical_peak_year": 1999,
      "positive_growth_year_share_pct": 36,
      "trend_acceleration_pct": -19.55574971177505,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": 17.4149,
      "buyer_yoy_all_avg_pct": 9.1304,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 0.5979046532785838,
      "market_share_change_1y_pp": -0.5422173788363048,
      "peer_best_share_pct": 21.89731015980311,
      "peer_top_exporter": "GBR",
      "supplier_count_latest": 48,
      "buyer_market_hhi": 1349.14,
      "distance_km": 196.8760986328125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.919863755927896,
      "max_drawdown_pct": 94.95124254980153,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown']",
      "signal_flag": "Declining",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 401033,
      "corridor_rank": 35,
      "exporter_iso3": "BEL",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 23,
      "exports_latest_observed_usd": 37159.11288992484,
      "exports_all_year_avg_usd": 42223.76531457559,
      "exports_avg_3y_usd": 18711.6437374484,
      "exports_avg_5y_usd": 14084.116328241973,
      "exports_avg_10y_usd": 64301.6701499074,
      "exports_cagr_3y_pct": 97.42441814711174,
      "exports_cagr_5y_pct": 265.83102464335,
      "exports_cagr_10y_pct": -5.831054889468678,
      "exports_historical_peak_usd": 390865.4533114301,
      "buyer_imports_latest_observed_usd": 31955867.06084349,
      "historical_peak_year": 2015,
      "positive_growth_year_share_pct": 45.45454545454545,
      "trend_acceleration_pct": 103.25547303658041,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -8.7916,
      "buyer_yoy_all_avg_pct": 5.6008,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 0.11628259943369539,
      "market_share_change_1y_pp": 0.11552859297178532,
      "peer_best_share_pct": 49.42356682287067,
      "peer_top_exporter": "MEX",
      "supplier_count_latest": 41,
      "buyer_market_hhi": 2857.52,
      "distance_km": 5891.71142578125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.0467447546369697,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.9847627016631697,
      "max_drawdown_pct": 99.98549107007426,
      "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": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 401033,
    "num_markets": 137,
    "highest_price_importer_iso3": "ARG",
    "highest_price_usd_per_ton": 2285250,
    "lowest_price_importer_iso3": "AGO",
    "lowest_price_usd_per_ton": 766.990291262136,
    "median_price_across_markets": 46000,
    "price_spread_pct": 4966.2674124103005,
    "avg_quantity_metric_tons": 1.675650450450451,
    "total_trade_value_usd": 34573991
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 6400589.346927993,
      "active_destinations": 92,
      "yoy_growth_pct": 18.967020113910618
    },
    {
      "year": 2011,
      "export_value_usd": 7307177.459393888,
      "active_destinations": 99,
      "yoy_growth_pct": 14.164134946432988
    },
    {
      "year": 2012,
      "export_value_usd": 6812786.901254199,
      "active_destinations": 104,
      "yoy_growth_pct": -6.765821151696742
    },
    {
      "year": 2013,
      "export_value_usd": 8448920.769945601,
      "active_destinations": 108,
      "yoy_growth_pct": 24.015632551051873
    },
    {
      "year": 2014,
      "export_value_usd": 8837029.563957034,
      "active_destinations": 117,
      "yoy_growth_pct": 4.593590170616922
    },
    {
      "year": 2015,
      "export_value_usd": 8552356.459205344,
      "active_destinations": 119,
      "yoy_growth_pct": -3.2213664409675102
    },
    {
      "year": 2016,
      "export_value_usd": 7826920.118987778,
      "active_destinations": 116,
      "yoy_growth_pct": -8.482297758259847
    },
    {
      "year": 2017,
      "export_value_usd": 8489387.451085046,
      "active_destinations": 120,
      "yoy_growth_pct": 8.46395928444638
    },
    {
      "year": 2018,
      "export_value_usd": 8853911.01528564,
      "active_destinations": 119,
      "yoy_growth_pct": 4.293873572162179
    },
    {
      "year": 2019,
      "export_value_usd": 7999429.932739284,
      "active_destinations": 126,
      "yoy_growth_pct": -9.650888529048409
    },
    {
      "year": 2020,
      "export_value_usd": 8028161.943393342,
      "active_destinations": 118,
      "yoy_growth_pct": 0.3591757274661129
    },
    {
      "year": 2021,
      "export_value_usd": 9008036.450321825,
      "active_destinations": 117,
      "yoy_growth_pct": 12.205465134330733
    },
    {
      "year": 2022,
      "export_value_usd": 7561434.66911098,
      "active_destinations": 111,
      "yoy_growth_pct": -16.05901340640294
    },
    {
      "year": 2023,
      "export_value_usd": 6146087.206486996,
      "active_destinations": 113,
      "yoy_growth_pct": -18.717975153654145
    },
    {
      "year": 2024,
      "export_value_usd": 4932385.595677825,
      "active_destinations": 125,
      "yoy_growth_pct": -19.74754945761506
    }
  ],
  "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
  }
}