{
  "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/701939",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/701939",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/701939",
    "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": "701939",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 149,
    "current_lane_count": 71,
    "active_market_count": 71,
    "exports_latest_observed_lanes_usd": 79974903.75635852,
    "exports_current_2024_usd": 78698931.37998186,
    "exports_avg_3y_usd": 81884081.00300597,
    "exports_avg_5y_usd": 113418762.71385169,
    "exports_avg_10y_usd": 110597990.45154837,
    "exports_cagr_3y_pct": -23.201660822591386,
    "exports_cagr_5y_pct": -10.737529765467958,
    "exports_cagr_10y_pct": -2.0079310136588036,
    "exports_all_year_lane_avg_usd": 134161017.0981875,
    "exports_historical_lane_peak_usd": 338630563.2497541,
    "historical_peak_year": 2008,
    "positive_growth_year_share_pct": 60,
    "trend_acceleration_pct": -21.19372980893258,
    "trend_label": "Rapid decline",
    "top_market_iso3": "DEU",
    "top_market_exports_usd": 14452971.105966229,
    "top_market_share_pct": 18.071883087220503,
    "destination_hhi": 1218.1903725319783,
    "weighted_share_latest_pct": 19.78005619450954,
    "weighted_share_change_1y_pp": 1.2079863016497792,
    "weighted_volatility_cv": 0.965425197714417,
    "weighted_max_drawdown_pct": 88.85780443716088,
    "limited_history_lane_share_pct": 28.859060402684563,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 701939,
      "hs_description": "Glass fibres: webs, mattresses, boards and similar non-woven products excluding mats and thin sheets",
      "hs_chapter": 70,
      "hs_heading": 7019,
      "substitution_elasticity": -9.5984335,
      "price_range_label": "High price range",
      "trade_type_label": "Two-way horizontal trade"
    },
    "hs_description": "Glass fibres: webs, mattresses, boards and similar non-woven products excluding mats and thin sheets",
    "hs_chapter": 70,
    "hs_heading": 7019,
    "destinations": [
      {
        "hs_code": 701939,
        "corridor_rank": 11,
        "exporter_iso3": "BEL",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 14452971.105966229,
        "exports_all_year_avg_usd": 25396972.98689827,
        "exports_avg_3y_usd": 15360429.17299757,
        "exports_avg_5y_usd": 15606943.681493089,
        "exports_avg_10y_usd": 14834933.15298621,
        "exports_cagr_3y_pct": -5.546934946368598,
        "exports_cagr_5y_pct": 5.509091197782534,
        "exports_cagr_10y_pct": -4.121815721187517,
        "exports_historical_peak_usd": 48111182.49371105,
        "buyer_imports_latest_observed_usd": 115869690.54424605,
        "historical_peak_year": 2004,
        "positive_growth_year_share_pct": 40,
        "trend_acceleration_pct": -1.4251192251810814,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": 3.1236,
        "buyer_yoy_all_avg_pct": 3.8423,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 12.473470014530859,
        "market_share_change_1y_pp": -2.312294253485055,
        "peer_best_share_pct": 18.561093480685575,
        "peer_top_exporter": "GBR",
        "supplier_count_latest": 56,
        "buyer_market_hhi": 890.48,
        "distance_km": 196.8760986328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.46378166651313657,
        "max_drawdown_pct": 83.60180790181913,
        "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": 701939,
        "corridor_rank": 12,
        "exporter_iso3": "BEL",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 13985436.518115947,
        "exports_all_year_avg_usd": 16484511.457363335,
        "exports_avg_3y_usd": 11914712.528607093,
        "exports_avg_5y_usd": 23077679.709905736,
        "exports_avg_10y_usd": 24570504.444480106,
        "exports_cagr_3y_pct": -30.034302738812148,
        "exports_cagr_5y_pct": -17.01841140801117,
        "exports_cagr_10y_pct": -1.3543738113881654,
        "exports_historical_peak_usd": 40833868.56700491,
        "buyer_imports_latest_observed_usd": 43187521.40562259,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 72,
        "trend_acceleration_pct": -28.679928927423983,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 15.7757,
        "buyer_yoy_all_avg_pct": 4.6033,
        "buyer_trend_consistency_pct": 72.4138,
        "market_share_latest_pct": 32.38304969336623,
        "market_share_change_1y_pp": 4.216164592001956,
        "peer_best_share_pct": 32.383049693366246,
        "peer_top_exporter": "BEL",
        "supplier_count_latest": 44,
        "buyer_market_hhi": 1826.48,
        "distance_km": 173.03326416015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.5840078938538108,
        "max_drawdown_pct": 74.26885560717463,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 701939,
        "corridor_rank": 13,
        "exporter_iso3": "BEL",
        "importer_iso3": "ESP",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 13791544.518698437,
        "exports_all_year_avg_usd": 4212927.510889502,
        "exports_avg_3y_usd": 15479064.189517714,
        "exports_avg_5y_usd": 9615384.094384462,
        "exports_avg_10y_usd": 5577273.631800741,
        "exports_cagr_3y_pct": 141.59575886615136,
        "exports_cagr_5y_pct": 57.53828997080919,
        "exports_cagr_10y_pct": 28.521506030812983,
        "exports_historical_peak_usd": 17806515.005097456,
        "buyer_imports_latest_observed_usd": 65556089.077111,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 60,
        "trend_acceleration_pct": 113.07425283533837,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -15.5492,
        "buyer_yoy_all_avg_pct": 16.0399,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 21.03777805060335,
        "market_share_change_1y_pp": 1.9216713699038266,
        "peer_best_share_pct": 21.037778050603347,
        "peer_top_exporter": "BEL",
        "supplier_count_latest": 40,
        "buyer_market_hhi": 1249.05,
        "distance_km": 1316.64013671875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.07402662352672,
        "max_drawdown_pct": 91.05715687558964,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 701939,
        "corridor_rank": 21,
        "exporter_iso3": "BEL",
        "importer_iso3": "POL",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 10858643.496051855,
        "exports_all_year_avg_usd": 2401319.4083976774,
        "exports_avg_3y_usd": 11597234.30817619,
        "exports_avg_5y_usd": 7121095.062099877,
        "exports_avg_10y_usd": 3815200.390067349,
        "exports_cagr_3y_pct": 168.25299373149204,
        "exports_cagr_5y_pct": 109.69969662388048,
        "exports_cagr_10y_pct": 45.43705881524471,
        "exports_historical_peak_usd": 14293925.585011289,
        "buyer_imports_latest_observed_usd": 51115285.89583624,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 56,
        "trend_acceleration_pct": 122.81593491624733,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 0.644,
        "buyer_yoy_all_avg_pct": 12.2655,
        "buyer_trend_consistency_pct": 72.4138,
        "market_share_latest_pct": 21.243436881444456,
        "market_share_change_1y_pp": 2.2643557010369797,
        "peer_best_share_pct": 21.24343688144446,
        "peer_top_exporter": "BEL",
        "supplier_count_latest": 44,
        "buyer_market_hhi": 906,
        "distance_km": 1160.6441650390625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.08183472355387879,
        "tariff_advantage_pp": 0.046077346169494965,
        "volatility_cv": 1.4979192259083418,
        "max_drawdown_pct": 95.3206361278611,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 701939,
        "corridor_rank": 49,
        "exporter_iso3": "BEL",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 5655465.381151022,
        "exports_all_year_avg_usd": 66007944.076342255,
        "exports_avg_3y_usd": 6731437.40474916,
        "exports_avg_5y_usd": 38355761.701523215,
        "exports_avg_10y_usd": 44981123.522242896,
        "exports_cagr_3y_pct": -61.09575024416408,
        "exports_cagr_5y_pct": -39.86307583560348,
        "exports_cagr_10y_pct": -17.986086863745733,
        "exports_historical_peak_usd": 141587525.11659443,
        "buyer_imports_latest_observed_usd": 61103476.37506586,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 56,
        "trend_acceleration_pct": -43.10966338041835,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 9.0377,
        "buyer_yoy_all_avg_pct": 5.9004,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 9.255554211738458,
        "market_share_change_1y_pp": -3.0953520354072204,
        "peer_best_share_pct": 27.81228766325003,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 44,
        "buyer_market_hhi": 1231.7,
        "distance_km": 262.384521484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.5465768399193363,
        "max_drawdown_pct": 96.00567537535962,
        "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": 701939,
        "corridor_rank": 71,
        "exporter_iso3": "BEL",
        "importer_iso3": "CZE",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 3877481.5046265186,
        "exports_all_year_avg_usd": 1637977.7482491971,
        "exports_avg_3y_usd": 3098045.111852285,
        "exports_avg_5y_usd": 2361537.2854688168,
        "exports_avg_10y_usd": 1645218.8265816644,
        "exports_cagr_3y_pct": 50.7459974141913,
        "exports_cagr_5y_pct": 25.307005030485442,
        "exports_cagr_10y_pct": 18.048865638204003,
        "exports_historical_peak_usd": 4491225.086705697,
        "buyer_imports_latest_observed_usd": 19837193.73016748,
        "historical_peak_year": 2006,
        "positive_growth_year_share_pct": 64,
        "trend_acceleration_pct": 32.6971317759873,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 11.1124,
        "buyer_yoy_all_avg_pct": 8.7073,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 19.546522342673025,
        "market_share_change_1y_pp": 1.1583347060307254,
        "peer_best_share_pct": 51.91588898973669,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 38,
        "buyer_market_hhi": 3207.92,
        "distance_km": 718.4292602539062,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.026038070801587307,
        "tariff_advantage_pp": 0.026038070801587307,
        "volatility_cv": 0.7576495912697174,
        "max_drawdown_pct": 95.34425523528067,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['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": 701939,
      "num_markets": 114,
      "highest_price_importer_iso3": "THA",
      "highest_price_usd_per_ton": 2926000,
      "lowest_price_importer_iso3": "GMB",
      "lowest_price_usd_per_ton": 190.55555555555554,
      "median_price_across_markets": 7000,
      "price_spread_pct": 41797.27777777778,
      "avg_quantity_metric_tons": 1033.2643519553073,
      "total_trade_value_usd": 552759554
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 175270385.42922404,
        "active_destinations": 72,
        "yoy_growth_pct": -5.987006757815119
      },
      {
        "year": 2011,
        "export_value_usd": 157757322.56752294,
        "active_destinations": 75,
        "yoy_growth_pct": -9.992026216415809
      },
      {
        "year": 2012,
        "export_value_usd": 109225166.25036757,
        "active_destinations": 77,
        "yoy_growth_pct": -30.7638057792105
      },
      {
        "year": 2013,
        "export_value_usd": 110865315.25139457,
        "active_destinations": 76,
        "yoy_growth_pct": 1.5016218856260917
      },
      {
        "year": 2014,
        "export_value_usd": 96396121.74673696,
        "active_destinations": 78,
        "yoy_growth_pct": -13.051145411752756
      },
      {
        "year": 2015,
        "export_value_usd": 84413052.33838136,
        "active_destinations": 75,
        "yoy_growth_pct": -12.431070038106823
      },
      {
        "year": 2016,
        "export_value_usd": 91470909.91221485,
        "active_destinations": 86,
        "yoy_growth_pct": 8.361097458650216
      },
      {
        "year": 2017,
        "export_value_usd": 99301856.73625395,
        "active_destinations": 79,
        "yoy_growth_pct": 8.561133623306585
      },
      {
        "year": 2018,
        "export_value_usd": 124825189.76806237,
        "active_destinations": 81,
        "yoy_growth_pct": 25.702775225642032
      },
      {
        "year": 2019,
        "export_value_usd": 138875082.19131252,
        "active_destinations": 76,
        "yoy_growth_pct": 11.255654767564344
      },
      {
        "year": 2020,
        "export_value_usd": 147696156.3574181,
        "active_destinations": 77,
        "yoy_growth_pct": 6.351804821223271
      },
      {
        "year": 2021,
        "export_value_usd": 173745414.20282254,
        "active_destinations": 84,
        "yoy_growth_pct": 17.63705873453227
      },
      {
        "year": 2022,
        "export_value_usd": 88276969.47941548,
        "active_destinations": 83,
        "yoy_growth_pct": -49.19177010544581
      },
      {
        "year": 2023,
        "export_value_usd": 78676342.1496206,
        "active_destinations": 69,
        "yoy_growth_pct": -10.875574214216279
      },
      {
        "year": 2024,
        "export_value_usd": 78698931.37998188,
        "active_destinations": 71,
        "yoy_growth_pct": 0.0287115920035077
      }
    ],
    "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": "701939",
    "hs_description": "Glass fibres: webs, mattresses, boards and similar non-woven products excluding mats and thin sheets",
    "hs_chapter": 70,
    "hs_heading": 7019
  },
  "destinations": [
    {
      "hs_code": 701939,
      "corridor_rank": 11,
      "exporter_iso3": "BEL",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 14452971.105966229,
      "exports_all_year_avg_usd": 25396972.98689827,
      "exports_avg_3y_usd": 15360429.17299757,
      "exports_avg_5y_usd": 15606943.681493089,
      "exports_avg_10y_usd": 14834933.15298621,
      "exports_cagr_3y_pct": -5.546934946368598,
      "exports_cagr_5y_pct": 5.509091197782534,
      "exports_cagr_10y_pct": -4.121815721187517,
      "exports_historical_peak_usd": 48111182.49371105,
      "buyer_imports_latest_observed_usd": 115869690.54424605,
      "historical_peak_year": 2004,
      "positive_growth_year_share_pct": 40,
      "trend_acceleration_pct": -1.4251192251810814,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": 3.1236,
      "buyer_yoy_all_avg_pct": 3.8423,
      "buyer_trend_consistency_pct": 48.2759,
      "market_share_latest_pct": 12.473470014530859,
      "market_share_change_1y_pp": -2.312294253485055,
      "peer_best_share_pct": 18.561093480685575,
      "peer_top_exporter": "GBR",
      "supplier_count_latest": 56,
      "buyer_market_hhi": 890.48,
      "distance_km": 196.8760986328125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.46378166651313657,
      "max_drawdown_pct": 83.60180790181913,
      "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": 701939,
      "corridor_rank": 12,
      "exporter_iso3": "BEL",
      "importer_iso3": "NLD",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 13985436.518115947,
      "exports_all_year_avg_usd": 16484511.457363335,
      "exports_avg_3y_usd": 11914712.528607093,
      "exports_avg_5y_usd": 23077679.709905736,
      "exports_avg_10y_usd": 24570504.444480106,
      "exports_cagr_3y_pct": -30.034302738812148,
      "exports_cagr_5y_pct": -17.01841140801117,
      "exports_cagr_10y_pct": -1.3543738113881654,
      "exports_historical_peak_usd": 40833868.56700491,
      "buyer_imports_latest_observed_usd": 43187521.40562259,
      "historical_peak_year": 2021,
      "positive_growth_year_share_pct": 72,
      "trend_acceleration_pct": -28.679928927423983,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": 15.7757,
      "buyer_yoy_all_avg_pct": 4.6033,
      "buyer_trend_consistency_pct": 72.4138,
      "market_share_latest_pct": 32.38304969336623,
      "market_share_change_1y_pp": 4.216164592001956,
      "peer_best_share_pct": 32.383049693366246,
      "peer_top_exporter": "BEL",
      "supplier_count_latest": 44,
      "buyer_market_hhi": 1826.48,
      "distance_km": 173.03326416015625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.5840078938538108,
      "max_drawdown_pct": 74.26885560717463,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 701939,
      "corridor_rank": 13,
      "exporter_iso3": "BEL",
      "importer_iso3": "ESP",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 13791544.518698437,
      "exports_all_year_avg_usd": 4212927.510889502,
      "exports_avg_3y_usd": 15479064.189517714,
      "exports_avg_5y_usd": 9615384.094384462,
      "exports_avg_10y_usd": 5577273.631800741,
      "exports_cagr_3y_pct": 141.59575886615136,
      "exports_cagr_5y_pct": 57.53828997080919,
      "exports_cagr_10y_pct": 28.521506030812983,
      "exports_historical_peak_usd": 17806515.005097456,
      "buyer_imports_latest_observed_usd": 65556089.077111,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 60,
      "trend_acceleration_pct": 113.07425283533837,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -15.5492,
      "buyer_yoy_all_avg_pct": 16.0399,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 21.03777805060335,
      "market_share_change_1y_pp": 1.9216713699038266,
      "peer_best_share_pct": 21.037778050603347,
      "peer_top_exporter": "BEL",
      "supplier_count_latest": 40,
      "buyer_market_hhi": 1249.05,
      "distance_km": 1316.64013671875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.07402662352672,
      "max_drawdown_pct": 91.05715687558964,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 701939,
      "corridor_rank": 21,
      "exporter_iso3": "BEL",
      "importer_iso3": "POL",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 10858643.496051855,
      "exports_all_year_avg_usd": 2401319.4083976774,
      "exports_avg_3y_usd": 11597234.30817619,
      "exports_avg_5y_usd": 7121095.062099877,
      "exports_avg_10y_usd": 3815200.390067349,
      "exports_cagr_3y_pct": 168.25299373149204,
      "exports_cagr_5y_pct": 109.69969662388048,
      "exports_cagr_10y_pct": 45.43705881524471,
      "exports_historical_peak_usd": 14293925.585011289,
      "buyer_imports_latest_observed_usd": 51115285.89583624,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 56,
      "trend_acceleration_pct": 122.81593491624733,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 0.644,
      "buyer_yoy_all_avg_pct": 12.2655,
      "buyer_trend_consistency_pct": 72.4138,
      "market_share_latest_pct": 21.243436881444456,
      "market_share_change_1y_pp": 2.2643557010369797,
      "peer_best_share_pct": 21.24343688144446,
      "peer_top_exporter": "BEL",
      "supplier_count_latest": 44,
      "buyer_market_hhi": 906,
      "distance_km": 1160.6441650390625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.08183472355387879,
      "tariff_advantage_pp": 0.046077346169494965,
      "volatility_cv": 1.4979192259083418,
      "max_drawdown_pct": 95.3206361278611,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 701939,
      "corridor_rank": 49,
      "exporter_iso3": "BEL",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 5655465.381151022,
      "exports_all_year_avg_usd": 66007944.076342255,
      "exports_avg_3y_usd": 6731437.40474916,
      "exports_avg_5y_usd": 38355761.701523215,
      "exports_avg_10y_usd": 44981123.522242896,
      "exports_cagr_3y_pct": -61.09575024416408,
      "exports_cagr_5y_pct": -39.86307583560348,
      "exports_cagr_10y_pct": -17.986086863745733,
      "exports_historical_peak_usd": 141587525.11659443,
      "buyer_imports_latest_observed_usd": 61103476.37506586,
      "historical_peak_year": 2008,
      "positive_growth_year_share_pct": 56,
      "trend_acceleration_pct": -43.10966338041835,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": 9.0377,
      "buyer_yoy_all_avg_pct": 5.9004,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 9.255554211738458,
      "market_share_change_1y_pp": -3.0953520354072204,
      "peer_best_share_pct": 27.81228766325003,
      "peer_top_exporter": "DEU",
      "supplier_count_latest": 44,
      "buyer_market_hhi": 1231.7,
      "distance_km": 262.384521484375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.5465768399193363,
      "max_drawdown_pct": 96.00567537535962,
      "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": 701939,
      "corridor_rank": 71,
      "exporter_iso3": "BEL",
      "importer_iso3": "CZE",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 3877481.5046265186,
      "exports_all_year_avg_usd": 1637977.7482491971,
      "exports_avg_3y_usd": 3098045.111852285,
      "exports_avg_5y_usd": 2361537.2854688168,
      "exports_avg_10y_usd": 1645218.8265816644,
      "exports_cagr_3y_pct": 50.7459974141913,
      "exports_cagr_5y_pct": 25.307005030485442,
      "exports_cagr_10y_pct": 18.048865638204003,
      "exports_historical_peak_usd": 4491225.086705697,
      "buyer_imports_latest_observed_usd": 19837193.73016748,
      "historical_peak_year": 2006,
      "positive_growth_year_share_pct": 64,
      "trend_acceleration_pct": 32.6971317759873,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 11.1124,
      "buyer_yoy_all_avg_pct": 8.7073,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 19.546522342673025,
      "market_share_change_1y_pp": 1.1583347060307254,
      "peer_best_share_pct": 51.91588898973669,
      "peer_top_exporter": "DEU",
      "supplier_count_latest": 38,
      "buyer_market_hhi": 3207.92,
      "distance_km": 718.4292602539062,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.026038070801587307,
      "tariff_advantage_pp": 0.026038070801587307,
      "volatility_cv": 0.7576495912697174,
      "max_drawdown_pct": 95.34425523528067,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['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": 701939,
    "num_markets": 114,
    "highest_price_importer_iso3": "THA",
    "highest_price_usd_per_ton": 2926000,
    "lowest_price_importer_iso3": "GMB",
    "lowest_price_usd_per_ton": 190.55555555555554,
    "median_price_across_markets": 7000,
    "price_spread_pct": 41797.27777777778,
    "avg_quantity_metric_tons": 1033.2643519553073,
    "total_trade_value_usd": 552759554
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 175270385.42922404,
      "active_destinations": 72,
      "yoy_growth_pct": -5.987006757815119
    },
    {
      "year": 2011,
      "export_value_usd": 157757322.56752294,
      "active_destinations": 75,
      "yoy_growth_pct": -9.992026216415809
    },
    {
      "year": 2012,
      "export_value_usd": 109225166.25036757,
      "active_destinations": 77,
      "yoy_growth_pct": -30.7638057792105
    },
    {
      "year": 2013,
      "export_value_usd": 110865315.25139457,
      "active_destinations": 76,
      "yoy_growth_pct": 1.5016218856260917
    },
    {
      "year": 2014,
      "export_value_usd": 96396121.74673696,
      "active_destinations": 78,
      "yoy_growth_pct": -13.051145411752756
    },
    {
      "year": 2015,
      "export_value_usd": 84413052.33838136,
      "active_destinations": 75,
      "yoy_growth_pct": -12.431070038106823
    },
    {
      "year": 2016,
      "export_value_usd": 91470909.91221485,
      "active_destinations": 86,
      "yoy_growth_pct": 8.361097458650216
    },
    {
      "year": 2017,
      "export_value_usd": 99301856.73625395,
      "active_destinations": 79,
      "yoy_growth_pct": 8.561133623306585
    },
    {
      "year": 2018,
      "export_value_usd": 124825189.76806237,
      "active_destinations": 81,
      "yoy_growth_pct": 25.702775225642032
    },
    {
      "year": 2019,
      "export_value_usd": 138875082.19131252,
      "active_destinations": 76,
      "yoy_growth_pct": 11.255654767564344
    },
    {
      "year": 2020,
      "export_value_usd": 147696156.3574181,
      "active_destinations": 77,
      "yoy_growth_pct": 6.351804821223271
    },
    {
      "year": 2021,
      "export_value_usd": 173745414.20282254,
      "active_destinations": 84,
      "yoy_growth_pct": 17.63705873453227
    },
    {
      "year": 2022,
      "export_value_usd": 88276969.47941548,
      "active_destinations": 83,
      "yoy_growth_pct": -49.19177010544581
    },
    {
      "year": 2023,
      "export_value_usd": 78676342.1496206,
      "active_destinations": 69,
      "yoy_growth_pct": -10.875574214216279
    },
    {
      "year": 2024,
      "export_value_usd": 78698931.37998188,
      "active_destinations": 71,
      "yoy_growth_pct": 0.0287115920035077
    }
  ],
  "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
  }
}