# Belgium HS 481720 exports | Yugalinks

Explore reported HS 481720 exports from Belgium: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Belgium |
| HS6 | 481720 |
| Latest exports | $1.3M |
| Active destinations | 59 |
| Three-year growth | -8.4% |
| Destination HHI | 5,453 |
| Weighted share | 75.1% |

## Destination markets

- USA, Puerto Rico and US Virgin Islands: $28.6K; share 0.3%; growth -5.6%

## Price intelligence

- Highest reported market price: Nigeria at $3.4M / ton.
- Lowest reported market price: Qatar at $18.5 / ton.
- Median reported price: $13.6K / ton.
- Price spread: 25,041%.

## Export history

- 2010: $980.1K
- 2011: $1.3M
- 2012: $1.3M
- 2013: $2.5M
- 2014: $1.4M
- 2015: $1.2M
- 2016: $561.3K
- 2017: $435.8K
- 2018: $2.1M
- 2019: $504.6K
- 2020: $375.0K
- 2021: $389.6K
- 2022: $539.3K
- 2023: $713.7K
- 2024: $299.3K

## Methods

Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.

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

## Complete structured values

```json
{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/bel/481720",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/481720",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/481720",
    "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": "481720",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 143,
    "current_lane_count": 59,
    "active_market_count": 59,
    "exports_latest_observed_lanes_usd": 1341974.659596543,
    "exports_current_2024_usd": 299271.35697640444,
    "exports_avg_3y_usd": 517427.8376276274,
    "exports_avg_5y_usd": 463379.2319282722,
    "exports_avg_10y_usd": 707051.8920097926,
    "exports_cagr_3y_pct": -8.415361734223037,
    "exports_cagr_5y_pct": -9.919408430814947,
    "exports_cagr_10y_pct": -14.48496832159768,
    "exports_all_year_lane_avg_usd": 1489268.7775117334,
    "exports_historical_lane_peak_usd": 5470283.780786882,
    "historical_peak_year": 2013,
    "positive_growth_year_share_pct": 48,
    "trend_acceleration_pct": 6.069606587374643,
    "trend_label": "Declining",
    "top_market_iso3": "VEN",
    "top_market_exports_usd": 986394.840138954,
    "top_market_share_pct": 73.50323890881128,
    "destination_hhi": 5453.420970285387,
    "weighted_share_latest_pct": 75.102370293919,
    "weighted_share_change_1y_pp": 73.4766038880345,
    "weighted_volatility_cv": 1.0447523670729713,
    "weighted_max_drawdown_pct": 22.415857375784757,
    "limited_history_lane_share_pct": 39.86013986013986,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 481720,
      "hs_description": "Paper and paperboard: letter cards, plain postcards and correspondence cards",
      "hs_chapter": 48,
      "hs_heading": 4817,
      "substitution_elasticity": -13.565848,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Paper and paperboard: letter cards, plain postcards and correspondence cards",
    "hs_chapter": 48,
    "hs_heading": 4817,
    "destinations": [
      {
        "hs_code": 481720,
        "corridor_rank": 25,
        "exporter_iso3": "BEL",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 28628.193349371388,
        "exports_all_year_avg_usd": 25188.961447792208,
        "exports_avg_3y_usd": 36594.1078068209,
        "exports_avg_5y_usd": 30587.46496363713,
        "exports_avg_10y_usd": 20598.264908141202,
        "exports_cagr_3y_pct": -5.550551854313501,
        "exports_cagr_5y_pct": 12.993128861097603,
        "exports_cagr_10y_pct": -15.800308803791086,
        "exports_historical_peak_usd": 159841.2821311076,
        "buyer_imports_latest_observed_usd": 10860479.666643545,
        "historical_peak_year": 2014,
        "positive_growth_year_share_pct": 56,
        "trend_acceleration_pct": 10.249756949477586,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": 13.7422,
        "buyer_yoy_all_avg_pct": 2.9714,
        "buyer_trend_consistency_pct": 44.8276,
        "market_share_latest_pct": 0.2635997140835215,
        "market_share_change_1y_pp": -0.1776821281853861,
        "peer_best_share_pct": 41.66557595658453,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 62,
        "buyer_market_hhi": 2242.8,
        "distance_km": 5891.71142578125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.0467447546369697,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.233094350160851,
        "max_drawdown_pct": 97.58271358743961,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 481720,
      "num_markets": 96,
      "highest_price_importer_iso3": "NGA",
      "highest_price_usd_per_ton": 3405600,
      "lowest_price_importer_iso3": "QAT",
      "lowest_price_usd_per_ton": 18.51851851851852,
      "median_price_across_markets": 13600,
      "price_spread_pct": 25041.04030501089,
      "avg_quantity_metric_tons": 1.8578081180811807,
      "total_trade_value_usd": 2799614
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 980082.4067123666,
        "active_destinations": 52,
        "yoy_growth_pct": -31.86226054909222
      },
      {
        "year": 2011,
        "export_value_usd": 1265947.7679765767,
        "active_destinations": 51,
        "yoy_growth_pct": 29.167482173578644
      },
      {
        "year": 2012,
        "export_value_usd": 1341170.7243588998,
        "active_destinations": 48,
        "yoy_growth_pct": 5.942026858071357
      },
      {
        "year": 2013,
        "export_value_usd": 2463149.441512896,
        "active_destinations": 46,
        "yoy_growth_pct": 83.65666628238695
      },
      {
        "year": 2014,
        "export_value_usd": 1431002.99739848,
        "active_destinations": 45,
        "yoy_growth_pct": -41.90352508536629
      },
      {
        "year": 2015,
        "export_value_usd": 1197269.1570704654,
        "active_destinations": 53,
        "yoy_growth_pct": -16.333567487485052
      },
      {
        "year": 2016,
        "export_value_usd": 561307.5840682543,
        "active_destinations": 63,
        "yoy_growth_pct": -53.117677779181406
      },
      {
        "year": 2017,
        "export_value_usd": 435845.0620982948,
        "active_destinations": 59,
        "yoy_growth_pct": -22.351830891118595
      },
      {
        "year": 2018,
        "export_value_usd": 2054645.387134837,
        "active_destinations": 61,
        "yoy_growth_pct": 371.4164655768107
      },
      {
        "year": 2019,
        "export_value_usd": 504555.57008471363,
        "active_destinations": 51,
        "yoy_growth_pct": -75.44317996458227
      },
      {
        "year": 2020,
        "export_value_usd": 375032.11179953977,
        "active_destinations": 60,
        "yoy_growth_pct": -25.670801387333253
      },
      {
        "year": 2021,
        "export_value_usd": 389580.53495893884,
        "active_destinations": 69,
        "yoy_growth_pct": 3.8792473235399685
      },
      {
        "year": 2022,
        "export_value_usd": 539348.8094965899,
        "active_destinations": 69,
        "yoy_growth_pct": 38.44346960338674
      },
      {
        "year": 2023,
        "export_value_usd": 713663.346409888,
        "active_destinations": 63,
        "yoy_growth_pct": 32.3194440859149
      },
      {
        "year": 2024,
        "export_value_usd": 299271.35697640444,
        "active_destinations": 59,
        "yoy_growth_pct": -58.06547183880173
      }
    ],
    "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": "481720",
    "hs_description": "Paper and paperboard: letter cards, plain postcards and correspondence cards",
    "hs_chapter": 48,
    "hs_heading": 4817
  },
  "destinations": [
    {
      "hs_code": 481720,
      "corridor_rank": 25,
      "exporter_iso3": "BEL",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 28628.193349371388,
      "exports_all_year_avg_usd": 25188.961447792208,
      "exports_avg_3y_usd": 36594.1078068209,
      "exports_avg_5y_usd": 30587.46496363713,
      "exports_avg_10y_usd": 20598.264908141202,
      "exports_cagr_3y_pct": -5.550551854313501,
      "exports_cagr_5y_pct": 12.993128861097603,
      "exports_cagr_10y_pct": -15.800308803791086,
      "exports_historical_peak_usd": 159841.2821311076,
      "buyer_imports_latest_observed_usd": 10860479.666643545,
      "historical_peak_year": 2014,
      "positive_growth_year_share_pct": 56,
      "trend_acceleration_pct": 10.249756949477586,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": 13.7422,
      "buyer_yoy_all_avg_pct": 2.9714,
      "buyer_trend_consistency_pct": 44.8276,
      "market_share_latest_pct": 0.2635997140835215,
      "market_share_change_1y_pp": -0.1776821281853861,
      "peer_best_share_pct": 41.66557595658453,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 62,
      "buyer_market_hhi": 2242.8,
      "distance_km": 5891.71142578125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.0467447546369697,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.233094350160851,
      "max_drawdown_pct": 97.58271358743961,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 481720,
    "num_markets": 96,
    "highest_price_importer_iso3": "NGA",
    "highest_price_usd_per_ton": 3405600,
    "lowest_price_importer_iso3": "QAT",
    "lowest_price_usd_per_ton": 18.51851851851852,
    "median_price_across_markets": 13600,
    "price_spread_pct": 25041.04030501089,
    "avg_quantity_metric_tons": 1.8578081180811807,
    "total_trade_value_usd": 2799614
  },
  "history": [
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      "export_value_usd": 980082.4067123666,
      "active_destinations": 52,
      "yoy_growth_pct": -31.86226054909222
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      "year": 2013,
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      "yoy_growth_pct": 83.65666628238695
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    {
      "year": 2014,
      "export_value_usd": 1431002.99739848,
      "active_destinations": 45,
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    {
      "year": 2015,
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      "active_destinations": 53,
      "yoy_growth_pct": -16.333567487485052
    },
    {
      "year": 2016,
      "export_value_usd": 561307.5840682543,
      "active_destinations": 63,
      "yoy_growth_pct": -53.117677779181406
    },
    {
      "year": 2017,
      "export_value_usd": 435845.0620982948,
      "active_destinations": 59,
      "yoy_growth_pct": -22.351830891118595
    },
    {
      "year": 2018,
      "export_value_usd": 2054645.387134837,
      "active_destinations": 61,
      "yoy_growth_pct": 371.4164655768107
    },
    {
      "year": 2019,
      "export_value_usd": 504555.57008471363,
      "active_destinations": 51,
      "yoy_growth_pct": -75.44317996458227
    },
    {
      "year": 2020,
      "export_value_usd": 375032.11179953977,
      "active_destinations": 60,
      "yoy_growth_pct": -25.670801387333253
    },
    {
      "year": 2021,
      "export_value_usd": 389580.53495893884,
      "active_destinations": 69,
      "yoy_growth_pct": 3.8792473235399685
    },
    {
      "year": 2022,
      "export_value_usd": 539348.8094965899,
      "active_destinations": 69,
      "yoy_growth_pct": 38.44346960338674
    },
    {
      "year": 2023,
      "export_value_usd": 713663.346409888,
      "active_destinations": 63,
      "yoy_growth_pct": 32.3194440859149
    },
    {
      "year": 2024,
      "export_value_usd": 299271.35697640444,
      "active_destinations": 59,
      "yoy_growth_pct": -58.06547183880173
    }
  ],
  "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
  }
}
```