{
  "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/401700",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/401700",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/401700",
    "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": "401700",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 158,
    "current_lane_count": 104,
    "active_market_count": 104,
    "exports_latest_observed_lanes_usd": 5857633.319336745,
    "exports_current_2024_usd": 5725540.325894587,
    "exports_avg_3y_usd": 5778170.163632895,
    "exports_avg_5y_usd": 5267804.976788587,
    "exports_avg_10y_usd": 4940474.165672965,
    "exports_cagr_3y_pct": 6.083227072557507,
    "exports_cagr_5y_pct": -0.1971182446879549,
    "exports_cagr_10y_pct": -0.6867141514496078,
    "exports_all_year_lane_avg_usd": 5107708.9361965805,
    "exports_historical_lane_peak_usd": 16021491.363147967,
    "historical_peak_year": 2008,
    "positive_growth_year_share_pct": 60,
    "trend_acceleration_pct": 6.769941224007114,
    "trend_label": "Growing",
    "top_market_iso3": "ITA",
    "top_market_exports_usd": 1025743.7784883594,
    "top_market_share_pct": 17.51123231121786,
    "destination_hhi": 992.7393338474058,
    "weighted_share_latest_pct": 11.746168293471607,
    "weighted_share_change_1y_pp": -0.7304978859084627,
    "weighted_volatility_cv": 0.8188842339190865,
    "weighted_max_drawdown_pct": 84.83810205126726,
    "limited_history_lane_share_pct": 19.620253164556964,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 401700,
      "hs_description": "Rubber: ebonite and other hard rubbers in all forms, including waste and scrap, and articles of hard rubber",
      "hs_chapter": 40,
      "hs_heading": 4017,
      "substitution_elasticity": null,
      "price_range_label": "Unclassified",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Rubber: ebonite and other hard rubbers in all forms, including waste and scrap, and articles of hard rubber",
    "hs_chapter": 40,
    "hs_heading": 4017,
    "destinations": [
      {
        "hs_code": 401700,
        "corridor_rank": 22,
        "exporter_iso3": "BEL",
        "importer_iso3": "ITA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 1025743.7784883594,
        "exports_all_year_avg_usd": 238064.48054997198,
        "exports_avg_3y_usd": 702816.6333728908,
        "exports_avg_5y_usd": 458606.5481879806,
        "exports_avg_10y_usd": 296875.2925697421,
        "exports_cagr_3y_pct": 110.06521936114476,
        "exports_cagr_5y_pct": 61.4019168086722,
        "exports_cagr_10y_pct": 12.191835038673137,
        "exports_historical_peak_usd": 1025743.7784883594,
        "buyer_imports_latest_observed_usd": 10091093.84702846,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 64,
        "trend_acceleration_pct": 97.87338432247162,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 150.3332,
        "buyer_yoy_all_avg_pct": 9.0085,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 10.164842325695066,
        "market_share_change_1y_pp": -3.6824126338722163,
        "peer_best_share_pct": 40.32119444233136,
        "peer_top_exporter": "NLD",
        "supplier_count_latest": 44,
        "buyer_market_hhi": 2181.19,
        "distance_km": 1174.9036865234375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.9302825334878306,
        "max_drawdown_pct": 89.30178666110004,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 401700,
        "corridor_rank": 47,
        "exporter_iso3": "BEL",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 349944.7120780193,
        "exports_all_year_avg_usd": 581975.366779302,
        "exports_avg_3y_usd": 402483.9861911258,
        "exports_avg_5y_usd": 337499.8872388229,
        "exports_avg_10y_usd": 338599.8669222595,
        "exports_cagr_3y_pct": 12.92580736549629,
        "exports_cagr_5y_pct": -0.0959137010333233,
        "exports_cagr_10y_pct": -9.54867945898532,
        "exports_historical_peak_usd": 1342799.7281576144,
        "buyer_imports_latest_observed_usd": 12536515.197844971,
        "historical_peak_year": 2007,
        "positive_growth_year_share_pct": 56,
        "trend_acceleration_pct": 22.47448682448161,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -20.8385,
        "buyer_yoy_all_avg_pct": -0.9352,
        "buyer_trend_consistency_pct": 44.8276,
        "market_share_latest_pct": 2.7914034048167933,
        "market_share_change_1y_pp": 0.8564439610621228,
        "peer_best_share_pct": 24.42679184913632,
        "peer_top_exporter": "ESP",
        "supplier_count_latest": 55,
        "buyer_market_hhi": 1175.53,
        "distance_km": 196.8760986328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.5599171668148837,
        "max_drawdown_pct": 88.40898803881497,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','declining_buyer_demand']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 401700,
        "corridor_rank": 59,
        "exporter_iso3": "BEL",
        "importer_iso3": "SAU",
        "latest_data_year": 2024,
        "lane_data_years": 25,
        "exports_latest_observed_usd": 231554.42146695362,
        "exports_all_year_avg_usd": 109141.31484730136,
        "exports_avg_3y_usd": 181965.6708582904,
        "exports_avg_5y_usd": 175474.4199779066,
        "exports_avg_10y_usd": 165930.4764212172,
        "exports_cagr_3y_pct": 8.697167168812792,
        "exports_cagr_5y_pct": -6.911023858372545,
        "exports_cagr_10y_pct": 10.133224586091849,
        "exports_historical_peak_usd": 331254.51763821405,
        "buyer_imports_latest_observed_usd": 19083070.36708235,
        "historical_peak_year": 2019,
        "positive_growth_year_share_pct": 58.333333333333336,
        "trend_acceleration_pct": -1.4360574172790574,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": 21.547,
        "buyer_yoy_all_avg_pct": 10.8052,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 1.2134023352257666,
        "market_share_change_1y_pp": 0.9181303143688798,
        "peer_best_share_pct": 32.293659504020525,
        "peer_top_exporter": "IND",
        "supplier_count_latest": 57,
        "buyer_market_hhi": 1712.04,
        "distance_km": 4636.35205078125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.09920948249898989,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.7368189003555466,
        "max_drawdown_pct": 86.00526914331229,
        "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": 401700,
        "corridor_rank": 83,
        "exporter_iso3": "BEL",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 85148.28003173984,
        "exports_all_year_avg_usd": 45611.93970554221,
        "exports_avg_3y_usd": 91392.93151921588,
        "exports_avg_5y_usd": 87566.33033974507,
        "exports_avg_10y_usd": 69912.96662426872,
        "exports_cagr_3y_pct": -3.737769062100471,
        "exports_cagr_5y_pct": -3.963904915791283,
        "exports_cagr_10y_pct": 27.4398970579375,
        "exports_historical_peak_usd": 116192.78857006198,
        "buyer_imports_latest_observed_usd": 44762030.68255504,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 64,
        "trend_acceleration_pct": -31.177666120037973,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": 11.7373,
        "buyer_yoy_all_avg_pct": 4.0795,
        "buyer_trend_consistency_pct": 72.4138,
        "market_share_latest_pct": 0.19022434579788716,
        "market_share_change_1y_pp": 0.008403047081953774,
        "peer_best_share_pct": 34.864427492583395,
        "peer_top_exporter": "CAN",
        "supplier_count_latest": 58,
        "buyer_market_hhi": 1886.26,
        "distance_km": 5891.71142578125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.0467447546369697,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.6937197686578821,
        "max_drawdown_pct": 95.206899892137,
        "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": 401700,
        "corridor_rank": 96,
        "exporter_iso3": "BEL",
        "importer_iso3": "JPN",
        "latest_data_year": 2024,
        "lane_data_years": 18,
        "exports_latest_observed_usd": 49430.564013978816,
        "exports_all_year_avg_usd": 6104.421610322763,
        "exports_avg_3y_usd": 18657.307458385374,
        "exports_avg_5y_usd": 14255.306070309693,
        "exports_avg_10y_usd": 9295.954739070063,
        "exports_cagr_3y_pct": 261.15893861852675,
        "exports_cagr_5y_pct": 156.17284582795145,
        "exports_cagr_10y_pct": 24.276431420697577,
        "exports_historical_peak_usd": 49430.564013978816,
        "buyer_imports_latest_observed_usd": 19511446.292854797,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 58.8235294117647,
        "trend_acceleration_pct": 236.88250719782917,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -18.3778,
        "buyer_yoy_all_avg_pct": 4.1841,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 0.2533413631775753,
        "market_share_change_1y_pp": 0.2331706009167993,
        "peer_best_share_pct": 39.479408827712795,
        "peer_top_exporter": "THA",
        "supplier_count_latest": 31,
        "buyer_market_hhi": 2694.44,
        "distance_km": 9463.2626953125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.039966357792484856,
        "tariff_advantage_pp": 0.030413669105984857,
        "volatility_cv": 1.8866902705048008,
        "max_drawdown_pct": 99.85356684805109,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','buyer_macro_weakness']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 401700,
      "num_markets": 136,
      "highest_price_importer_iso3": "SAU",
      "highest_price_usd_per_ton": 12987750,
      "lowest_price_importer_iso3": "NAM",
      "lowest_price_usd_per_ton": 44.5,
      "median_price_across_markets": 19548.536209553156,
      "price_spread_pct": 66438.25072515174,
      "avg_quantity_metric_tons": 6.851836322869955,
      "total_trade_value_usd": 23194648
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 4914006.167058212,
        "active_destinations": 100,
        "yoy_growth_pct": 2.4153204412660765
      },
      {
        "year": 2011,
        "export_value_usd": 7287072.312061117,
        "active_destinations": 94,
        "yoy_growth_pct": 48.29188373655523
      },
      {
        "year": 2012,
        "export_value_usd": 5826618.652801198,
        "active_destinations": 89,
        "yoy_growth_pct": -20.04170669258579
      },
      {
        "year": 2013,
        "export_value_usd": 6189690.7596185105,
        "active_destinations": 91,
        "yoy_growth_pct": 6.231265995806375
      },
      {
        "year": 2014,
        "export_value_usd": 6133988.638139042,
        "active_destinations": 93,
        "yoy_growth_pct": -0.8999176799407909
      },
      {
        "year": 2015,
        "export_value_usd": 4175501.335521723,
        "active_destinations": 88,
        "yoy_growth_pct": -31.92844685821743
      },
      {
        "year": 2016,
        "export_value_usd": 2425828.47872428,
        "active_destinations": 101,
        "yoy_growth_pct": -41.903300135786544
      },
      {
        "year": 2017,
        "export_value_usd": 5567723.118257725,
        "active_destinations": 104,
        "yoy_growth_pct": 129.51841678376772
      },
      {
        "year": 2018,
        "export_value_usd": 5114357.846545205,
        "active_destinations": 102,
        "yoy_growth_pct": -8.142740974777283
      },
      {
        "year": 2019,
        "export_value_usd": 5782305.993737773,
        "active_destinations": 96,
        "yoy_growth_pct": 13.060254429473927
      },
      {
        "year": 2020,
        "export_value_usd": 4208546.024641348,
        "active_destinations": 92,
        "yoy_growth_pct": -27.216822679408597
      },
      {
        "year": 2021,
        "export_value_usd": 4795968.368402909,
        "active_destinations": 86,
        "yoy_growth_pct": 13.957845306244943
      },
      {
        "year": 2022,
        "export_value_usd": 5978456.519848742,
        "active_destinations": 94,
        "yoy_growth_pct": 24.6558788676834
      },
      {
        "year": 2023,
        "export_value_usd": 5630513.645155354,
        "active_destinations": 107,
        "yoy_growth_pct": -5.819944889424241
      },
      {
        "year": 2024,
        "export_value_usd": 5725540.325894585,
        "active_destinations": 104,
        "yoy_growth_pct": 1.6877089148162174
      }
    ],
    "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": "401700",
    "hs_description": "Rubber: ebonite and other hard rubbers in all forms, including waste and scrap, and articles of hard rubber",
    "hs_chapter": 40,
    "hs_heading": 4017
  },
  "destinations": [
    {
      "hs_code": 401700,
      "corridor_rank": 22,
      "exporter_iso3": "BEL",
      "importer_iso3": "ITA",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 1025743.7784883594,
      "exports_all_year_avg_usd": 238064.48054997198,
      "exports_avg_3y_usd": 702816.6333728908,
      "exports_avg_5y_usd": 458606.5481879806,
      "exports_avg_10y_usd": 296875.2925697421,
      "exports_cagr_3y_pct": 110.06521936114476,
      "exports_cagr_5y_pct": 61.4019168086722,
      "exports_cagr_10y_pct": 12.191835038673137,
      "exports_historical_peak_usd": 1025743.7784883594,
      "buyer_imports_latest_observed_usd": 10091093.84702846,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 64,
      "trend_acceleration_pct": 97.87338432247162,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 150.3332,
      "buyer_yoy_all_avg_pct": 9.0085,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 10.164842325695066,
      "market_share_change_1y_pp": -3.6824126338722163,
      "peer_best_share_pct": 40.32119444233136,
      "peer_top_exporter": "NLD",
      "supplier_count_latest": 44,
      "buyer_market_hhi": 2181.19,
      "distance_km": 1174.9036865234375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.9302825334878306,
      "max_drawdown_pct": 89.30178666110004,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 401700,
      "corridor_rank": 47,
      "exporter_iso3": "BEL",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 349944.7120780193,
      "exports_all_year_avg_usd": 581975.366779302,
      "exports_avg_3y_usd": 402483.9861911258,
      "exports_avg_5y_usd": 337499.8872388229,
      "exports_avg_10y_usd": 338599.8669222595,
      "exports_cagr_3y_pct": 12.92580736549629,
      "exports_cagr_5y_pct": -0.0959137010333233,
      "exports_cagr_10y_pct": -9.54867945898532,
      "exports_historical_peak_usd": 1342799.7281576144,
      "buyer_imports_latest_observed_usd": 12536515.197844971,
      "historical_peak_year": 2007,
      "positive_growth_year_share_pct": 56,
      "trend_acceleration_pct": 22.47448682448161,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -20.8385,
      "buyer_yoy_all_avg_pct": -0.9352,
      "buyer_trend_consistency_pct": 44.8276,
      "market_share_latest_pct": 2.7914034048167933,
      "market_share_change_1y_pp": 0.8564439610621228,
      "peer_best_share_pct": 24.42679184913632,
      "peer_top_exporter": "ESP",
      "supplier_count_latest": 55,
      "buyer_market_hhi": 1175.53,
      "distance_km": 196.8760986328125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.5599171668148837,
      "max_drawdown_pct": 88.40898803881497,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown','declining_buyer_demand']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 401700,
      "corridor_rank": 59,
      "exporter_iso3": "BEL",
      "importer_iso3": "SAU",
      "latest_data_year": 2024,
      "lane_data_years": 25,
      "exports_latest_observed_usd": 231554.42146695362,
      "exports_all_year_avg_usd": 109141.31484730136,
      "exports_avg_3y_usd": 181965.6708582904,
      "exports_avg_5y_usd": 175474.4199779066,
      "exports_avg_10y_usd": 165930.4764212172,
      "exports_cagr_3y_pct": 8.697167168812792,
      "exports_cagr_5y_pct": -6.911023858372545,
      "exports_cagr_10y_pct": 10.133224586091849,
      "exports_historical_peak_usd": 331254.51763821405,
      "buyer_imports_latest_observed_usd": 19083070.36708235,
      "historical_peak_year": 2019,
      "positive_growth_year_share_pct": 58.333333333333336,
      "trend_acceleration_pct": -1.4360574172790574,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": 21.547,
      "buyer_yoy_all_avg_pct": 10.8052,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 1.2134023352257666,
      "market_share_change_1y_pp": 0.9181303143688798,
      "peer_best_share_pct": 32.293659504020525,
      "peer_top_exporter": "IND",
      "supplier_count_latest": 57,
      "buyer_market_hhi": 1712.04,
      "distance_km": 4636.35205078125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.09920948249898989,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.7368189003555466,
      "max_drawdown_pct": 86.00526914331229,
      "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": 401700,
      "corridor_rank": 83,
      "exporter_iso3": "BEL",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 85148.28003173984,
      "exports_all_year_avg_usd": 45611.93970554221,
      "exports_avg_3y_usd": 91392.93151921588,
      "exports_avg_5y_usd": 87566.33033974507,
      "exports_avg_10y_usd": 69912.96662426872,
      "exports_cagr_3y_pct": -3.737769062100471,
      "exports_cagr_5y_pct": -3.963904915791283,
      "exports_cagr_10y_pct": 27.4398970579375,
      "exports_historical_peak_usd": 116192.78857006198,
      "buyer_imports_latest_observed_usd": 44762030.68255504,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 64,
      "trend_acceleration_pct": -31.177666120037973,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": 11.7373,
      "buyer_yoy_all_avg_pct": 4.0795,
      "buyer_trend_consistency_pct": 72.4138,
      "market_share_latest_pct": 0.19022434579788716,
      "market_share_change_1y_pp": 0.008403047081953774,
      "peer_best_share_pct": 34.864427492583395,
      "peer_top_exporter": "CAN",
      "supplier_count_latest": 58,
      "buyer_market_hhi": 1886.26,
      "distance_km": 5891.71142578125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.0467447546369697,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.6937197686578821,
      "max_drawdown_pct": 95.206899892137,
      "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": 401700,
      "corridor_rank": 96,
      "exporter_iso3": "BEL",
      "importer_iso3": "JPN",
      "latest_data_year": 2024,
      "lane_data_years": 18,
      "exports_latest_observed_usd": 49430.564013978816,
      "exports_all_year_avg_usd": 6104.421610322763,
      "exports_avg_3y_usd": 18657.307458385374,
      "exports_avg_5y_usd": 14255.306070309693,
      "exports_avg_10y_usd": 9295.954739070063,
      "exports_cagr_3y_pct": 261.15893861852675,
      "exports_cagr_5y_pct": 156.17284582795145,
      "exports_cagr_10y_pct": 24.276431420697577,
      "exports_historical_peak_usd": 49430.564013978816,
      "buyer_imports_latest_observed_usd": 19511446.292854797,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 58.8235294117647,
      "trend_acceleration_pct": 236.88250719782917,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -18.3778,
      "buyer_yoy_all_avg_pct": 4.1841,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 0.2533413631775753,
      "market_share_change_1y_pp": 0.2331706009167993,
      "peer_best_share_pct": 39.479408827712795,
      "peer_top_exporter": "THA",
      "supplier_count_latest": 31,
      "buyer_market_hhi": 2694.44,
      "distance_km": 9463.2626953125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.039966357792484856,
      "tariff_advantage_pp": 0.030413669105984857,
      "volatility_cv": 1.8866902705048008,
      "max_drawdown_pct": 99.85356684805109,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market','buyer_macro_weakness']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 401700,
    "num_markets": 136,
    "highest_price_importer_iso3": "SAU",
    "highest_price_usd_per_ton": 12987750,
    "lowest_price_importer_iso3": "NAM",
    "lowest_price_usd_per_ton": 44.5,
    "median_price_across_markets": 19548.536209553156,
    "price_spread_pct": 66438.25072515174,
    "avg_quantity_metric_tons": 6.851836322869955,
    "total_trade_value_usd": 23194648
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 4914006.167058212,
      "active_destinations": 100,
      "yoy_growth_pct": 2.4153204412660765
    },
    {
      "year": 2011,
      "export_value_usd": 7287072.312061117,
      "active_destinations": 94,
      "yoy_growth_pct": 48.29188373655523
    },
    {
      "year": 2012,
      "export_value_usd": 5826618.652801198,
      "active_destinations": 89,
      "yoy_growth_pct": -20.04170669258579
    },
    {
      "year": 2013,
      "export_value_usd": 6189690.7596185105,
      "active_destinations": 91,
      "yoy_growth_pct": 6.231265995806375
    },
    {
      "year": 2014,
      "export_value_usd": 6133988.638139042,
      "active_destinations": 93,
      "yoy_growth_pct": -0.8999176799407909
    },
    {
      "year": 2015,
      "export_value_usd": 4175501.335521723,
      "active_destinations": 88,
      "yoy_growth_pct": -31.92844685821743
    },
    {
      "year": 2016,
      "export_value_usd": 2425828.47872428,
      "active_destinations": 101,
      "yoy_growth_pct": -41.903300135786544
    },
    {
      "year": 2017,
      "export_value_usd": 5567723.118257725,
      "active_destinations": 104,
      "yoy_growth_pct": 129.51841678376772
    },
    {
      "year": 2018,
      "export_value_usd": 5114357.846545205,
      "active_destinations": 102,
      "yoy_growth_pct": -8.142740974777283
    },
    {
      "year": 2019,
      "export_value_usd": 5782305.993737773,
      "active_destinations": 96,
      "yoy_growth_pct": 13.060254429473927
    },
    {
      "year": 2020,
      "export_value_usd": 4208546.024641348,
      "active_destinations": 92,
      "yoy_growth_pct": -27.216822679408597
    },
    {
      "year": 2021,
      "export_value_usd": 4795968.368402909,
      "active_destinations": 86,
      "yoy_growth_pct": 13.957845306244943
    },
    {
      "year": 2022,
      "export_value_usd": 5978456.519848742,
      "active_destinations": 94,
      "yoy_growth_pct": 24.6558788676834
    },
    {
      "year": 2023,
      "export_value_usd": 5630513.645155354,
      "active_destinations": 107,
      "yoy_growth_pct": -5.819944889424241
    },
    {
      "year": 2024,
      "export_value_usd": 5725540.325894585,
      "active_destinations": 104,
      "yoy_growth_pct": 1.6877089148162174
    }
  ],
  "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
  }
}