{
  "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/490400",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/490400",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/490400",
    "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": "490400",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 108,
    "current_lane_count": 57,
    "active_market_count": 57,
    "exports_latest_observed_lanes_usd": 807025.94375899,
    "exports_current_2024_usd": 753159.6078829018,
    "exports_avg_3y_usd": 349721.5223170289,
    "exports_avg_5y_usd": 418819.383427119,
    "exports_avg_10y_usd": 532725.3766977137,
    "exports_cagr_3y_pct": 16.18825162873263,
    "exports_cagr_5y_pct": -3.385936428564884,
    "exports_cagr_10y_pct": 12.60173367961408,
    "exports_all_year_lane_avg_usd": 543696.7756604062,
    "exports_historical_lane_peak_usd": 2571941.555468963,
    "historical_peak_year": 2019,
    "positive_growth_year_share_pct": 56,
    "trend_acceleration_pct": 3.5865179491185497,
    "trend_label": "Rapid growth",
    "top_market_iso3": "GBR",
    "top_market_exports_usd": 585552.1371524282,
    "top_market_share_pct": 72.5567922172397,
    "destination_hhi": 5363.336616274791,
    "weighted_share_latest_pct": 8.331007997631689,
    "weighted_share_change_1y_pp": 6.414844697976007,
    "weighted_volatility_cv": 3.0760388209570078,
    "weighted_max_drawdown_pct": 91.72578733150218,
    "limited_history_lane_share_pct": 62.96296296296296,
    "data_freshness_years": 0,
    "coverage_score": 90,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 490400,
      "hs_description": "Music: printed or in manuscript, whether or not bound or illustrated",
      "hs_chapter": 49,
      "hs_heading": 4904,
      "substitution_elasticity": -27.188932,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Music: printed or in manuscript, whether or not bound or illustrated",
    "hs_chapter": 49,
    "hs_heading": 4904,
    "destinations": [
      {
        "hs_code": 490400,
        "corridor_rank": 27,
        "exporter_iso3": "BEL",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 57057.84777400222,
        "exports_all_year_avg_usd": 50923.716410498804,
        "exports_avg_3y_usd": 55800.81387261979,
        "exports_avg_5y_usd": 47227.43595050152,
        "exports_avg_10y_usd": 52786.49157199704,
        "exports_cagr_3y_pct": 21.455815046762062,
        "exports_cagr_5y_pct": 4.455728092343891,
        "exports_cagr_10y_pct": 0.4617372860882485,
        "exports_historical_peak_usd": 161106.92168060516,
        "buyer_imports_latest_observed_usd": 13057585.900379127,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 48,
        "trend_acceleration_pct": 20.994077760673814,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 2.4025,
        "buyer_yoy_all_avg_pct": 0.9159,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 0.4369708781494253,
        "market_share_change_1y_pp": -0.06313758467576364,
        "peer_best_share_pct": 56.11220613371961,
        "peer_top_exporter": "NLD",
        "supplier_count_latest": 88,
        "buyer_market_hhi": 3469.42,
        "distance_km": 196.8760986328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.5501585046743644,
        "max_drawdown_pct": 80.23275030202933,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 490400,
      "num_markets": 41,
      "highest_price_importer_iso3": "JPN",
      "highest_price_usd_per_ton": 9245666.666666666,
      "lowest_price_importer_iso3": "IND",
      "lowest_price_usd_per_ton": 1000,
      "median_price_across_markets": 53000,
      "price_spread_pct": 17442.767295597485,
      "avg_quantity_metric_tons": 0.4096633663366336,
      "total_trade_value_usd": 2168455
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 443000.81321076996,
        "active_destinations": 26,
        "yoy_growth_pct": -17.351184556105945
      },
      {
        "year": 2011,
        "export_value_usd": 377272.4271233714,
        "active_destinations": 29,
        "yoy_growth_pct": -14.83708023265557
      },
      {
        "year": 2012,
        "export_value_usd": 247410.60452394473,
        "active_destinations": 25,
        "yoy_growth_pct": -34.4212333749375
      },
      {
        "year": 2013,
        "export_value_usd": 219746.9711712276,
        "active_destinations": 21,
        "yoy_growth_pct": -11.181264200839783
      },
      {
        "year": 2014,
        "export_value_usd": 229845.6286997482,
        "active_destinations": 26,
        "yoy_growth_pct": 4.595584400866068
      },
      {
        "year": 2015,
        "export_value_usd": 424218.9434119311,
        "active_destinations": 24,
        "yoy_growth_pct": 84.56689640423683
      },
      {
        "year": 2016,
        "export_value_usd": 477682.74014015344,
        "active_destinations": 21,
        "yoy_growth_pct": 12.602878197333862
      },
      {
        "year": 2017,
        "export_value_usd": 607247.1840248882,
        "active_destinations": 22,
        "yoy_growth_pct": 27.123534722380843
      },
      {
        "year": 2018,
        "export_value_usd": 829291.8326513085,
        "active_destinations": 28,
        "yoy_growth_pct": 36.56577658453492
      },
      {
        "year": 2019,
        "export_value_usd": 894716.1496132612,
        "active_destinations": 23,
        "yoy_growth_pct": 7.889178982118544
      },
      {
        "year": 2020,
        "export_value_usd": 564756.4371378558,
        "active_destinations": 16,
        "yoy_growth_pct": -36.87870310802255
      },
      {
        "year": 2021,
        "export_value_usd": 480175.9130466527,
        "active_destinations": 18,
        "yoy_growth_pct": -14.97646038703888
      },
      {
        "year": 2022,
        "export_value_usd": 116476.85368453756,
        "active_destinations": 26,
        "yoy_growth_pct": -75.74287869928598
      },
      {
        "year": 2023,
        "export_value_usd": 179528.10538364755,
        "active_destinations": 25,
        "yoy_growth_pct": 54.132001083988854
      },
      {
        "year": 2024,
        "export_value_usd": 753159.6078829014,
        "active_destinations": 57,
        "yoy_growth_pct": 319.5218382511286
      }
    ],
    "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": "490400",
    "hs_description": "Music: printed or in manuscript, whether or not bound or illustrated",
    "hs_chapter": 49,
    "hs_heading": 4904
  },
  "destinations": [
    {
      "hs_code": 490400,
      "corridor_rank": 27,
      "exporter_iso3": "BEL",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 57057.84777400222,
      "exports_all_year_avg_usd": 50923.716410498804,
      "exports_avg_3y_usd": 55800.81387261979,
      "exports_avg_5y_usd": 47227.43595050152,
      "exports_avg_10y_usd": 52786.49157199704,
      "exports_cagr_3y_pct": 21.455815046762062,
      "exports_cagr_5y_pct": 4.455728092343891,
      "exports_cagr_10y_pct": 0.4617372860882485,
      "exports_historical_peak_usd": 161106.92168060516,
      "buyer_imports_latest_observed_usd": 13057585.900379127,
      "historical_peak_year": 2008,
      "positive_growth_year_share_pct": 48,
      "trend_acceleration_pct": 20.994077760673814,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 2.4025,
      "buyer_yoy_all_avg_pct": 0.9159,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 0.4369708781494253,
      "market_share_change_1y_pp": -0.06313758467576364,
      "peer_best_share_pct": 56.11220613371961,
      "peer_top_exporter": "NLD",
      "supplier_count_latest": 88,
      "buyer_market_hhi": 3469.42,
      "distance_km": 196.8760986328125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.5501585046743644,
      "max_drawdown_pct": 80.23275030202933,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 490400,
    "num_markets": 41,
    "highest_price_importer_iso3": "JPN",
    "highest_price_usd_per_ton": 9245666.666666666,
    "lowest_price_importer_iso3": "IND",
    "lowest_price_usd_per_ton": 1000,
    "median_price_across_markets": 53000,
    "price_spread_pct": 17442.767295597485,
    "avg_quantity_metric_tons": 0.4096633663366336,
    "total_trade_value_usd": 2168455
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 443000.81321076996,
      "active_destinations": 26,
      "yoy_growth_pct": -17.351184556105945
    },
    {
      "year": 2011,
      "export_value_usd": 377272.4271233714,
      "active_destinations": 29,
      "yoy_growth_pct": -14.83708023265557
    },
    {
      "year": 2012,
      "export_value_usd": 247410.60452394473,
      "active_destinations": 25,
      "yoy_growth_pct": -34.4212333749375
    },
    {
      "year": 2013,
      "export_value_usd": 219746.9711712276,
      "active_destinations": 21,
      "yoy_growth_pct": -11.181264200839783
    },
    {
      "year": 2014,
      "export_value_usd": 229845.6286997482,
      "active_destinations": 26,
      "yoy_growth_pct": 4.595584400866068
    },
    {
      "year": 2015,
      "export_value_usd": 424218.9434119311,
      "active_destinations": 24,
      "yoy_growth_pct": 84.56689640423683
    },
    {
      "year": 2016,
      "export_value_usd": 477682.74014015344,
      "active_destinations": 21,
      "yoy_growth_pct": 12.602878197333862
    },
    {
      "year": 2017,
      "export_value_usd": 607247.1840248882,
      "active_destinations": 22,
      "yoy_growth_pct": 27.123534722380843
    },
    {
      "year": 2018,
      "export_value_usd": 829291.8326513085,
      "active_destinations": 28,
      "yoy_growth_pct": 36.56577658453492
    },
    {
      "year": 2019,
      "export_value_usd": 894716.1496132612,
      "active_destinations": 23,
      "yoy_growth_pct": 7.889178982118544
    },
    {
      "year": 2020,
      "export_value_usd": 564756.4371378558,
      "active_destinations": 16,
      "yoy_growth_pct": -36.87870310802255
    },
    {
      "year": 2021,
      "export_value_usd": 480175.9130466527,
      "active_destinations": 18,
      "yoy_growth_pct": -14.97646038703888
    },
    {
      "year": 2022,
      "export_value_usd": 116476.85368453756,
      "active_destinations": 26,
      "yoy_growth_pct": -75.74287869928598
    },
    {
      "year": 2023,
      "export_value_usd": 179528.10538364755,
      "active_destinations": 25,
      "yoy_growth_pct": 54.132001083988854
    },
    {
      "year": 2024,
      "export_value_usd": 753159.6078829014,
      "active_destinations": 57,
      "yoy_growth_pct": 319.5218382511286
    }
  ],
  "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
  }
}