{
  "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/720292",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/720292",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/720292",
    "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": "720292",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 79,
    "current_lane_count": 11,
    "active_market_count": 11,
    "exports_latest_observed_lanes_usd": 7828809.262529701,
    "exports_current_2024_usd": 3808222.663536598,
    "exports_avg_3y_usd": 7225195.100673973,
    "exports_avg_5y_usd": 7897517.198701641,
    "exports_avg_10y_usd": 10973632.853338595,
    "exports_cagr_3y_pct": -29.80369180725021,
    "exports_cagr_5y_pct": -14.379464658408757,
    "exports_cagr_10y_pct": -1.0646874824130625,
    "exports_all_year_lane_avg_usd": 11564056.067745086,
    "exports_historical_lane_peak_usd": 53383061.45152058,
    "historical_peak_year": 2018,
    "positive_growth_year_share_pct": 60,
    "trend_acceleration_pct": -28.739004324837147,
    "trend_label": "Rapid decline",
    "top_market_iso3": "CAN",
    "top_market_exports_usd": 1834096.8239174788,
    "top_market_share_pct": 23.42753236684211,
    "destination_hhi": 1331.0304853659675,
    "weighted_share_latest_pct": 5.635428933535419,
    "weighted_share_change_1y_pp": 1.8656588478908553,
    "weighted_volatility_cv": 1.1070354116413077,
    "weighted_max_drawdown_pct": 64.57201598053534,
    "limited_history_lane_share_pct": 65.82278481012658,
    "data_freshness_years": 0,
    "coverage_score": 75.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 720292,
      "hs_description": "Ferro-alloys: ferro-vanadium",
      "hs_chapter": 72,
      "hs_heading": 7202,
      "substitution_elasticity": -17.720856,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Ferro-alloys: ferro-vanadium",
    "hs_chapter": 72,
    "hs_heading": 7202,
    "destinations": [
      {
        "hs_code": 720292,
        "corridor_rank": 60,
        "exporter_iso3": "BEL",
        "importer_iso3": "CAN",
        "latest_data_year": 2022,
        "lane_data_years": 3,
        "exports_latest_observed_usd": 1834096.8239174788,
        "exports_all_year_avg_usd": 615465.989465898,
        "exports_avg_3y_usd": 1834096.8239174788,
        "exports_avg_5y_usd": 1834096.8239174788,
        "exports_avg_10y_usd": 1834096.8239174788,
        "exports_cagr_3y_pct": 434.1419184964745,
        "exports_cagr_5y_pct": 173.2712838653119,
        "exports_cagr_10y_pct": 65.309190266395,
        "exports_historical_peak_usd": 1834096.8239174788,
        "buyer_imports_latest_observed_usd": 14212360.739047417,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 100,
        "trend_acceleration_pct": 368.8327282300795,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -43.5881,
        "buyer_yoy_all_avg_pct": 23.3344,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 5.5591391751991,
        "market_share_change_1y_pp": 5.508399775174068,
        "peer_best_share_pct": 43.45797608263639,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 12,
        "buyer_market_hhi": 2646.74,
        "distance_km": 6031.53369140625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.07329710050202023,
        "tariff_advantage_pp": 0.07145157520060609,
        "volatility_cv": 1.400102583793818,
        "max_drawdown_pct": 0,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','limited_history']",
        "signal_flag": "Accelerating",
        "confidence_label": "Low",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 720292,
        "corridor_rank": 61,
        "exporter_iso3": "BEL",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 25,
        "exports_latest_observed_usd": 1829924.9747306842,
        "exports_all_year_avg_usd": 1303745.7818482388,
        "exports_avg_3y_usd": 2424155.953387041,
        "exports_avg_5y_usd": 2319933.7621718124,
        "exports_avg_10y_usd": 1979138.6656865967,
        "exports_cagr_3y_pct": -6.774750903393878,
        "exports_cagr_5y_pct": 29.829695530157597,
        "exports_cagr_10y_pct": 15.498290535554915,
        "exports_historical_peak_usd": 5465245.478822184,
        "buyer_imports_latest_observed_usd": 40257056.47012785,
        "historical_peak_year": 2018,
        "positive_growth_year_share_pct": 50,
        "trend_acceleration_pct": -22.273041438948795,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -11.0812,
        "buyer_yoy_all_avg_pct": 18.4767,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 4.545600536116079,
        "market_share_change_1y_pp": 1.6913201862610339,
        "peer_best_share_pct": 46.68968733560233,
        "peer_top_exporter": "AUT",
        "supplier_count_latest": 22,
        "buyer_market_hhi": 2656.03,
        "distance_km": 196.8760986328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.9727571907541789,
        "max_drawdown_pct": 99.18999238008708,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 720292,
      "num_markets": 23,
      "highest_price_importer_iso3": "FRA",
      "highest_price_usd_per_ton": 62948.14310783226,
      "lowest_price_importer_iso3": "IND",
      "lowest_price_usd_per_ton": 5869.532293986637,
      "median_price_across_markets": 28369.09031626997,
      "price_spread_pct": 201.20000386868395,
      "avg_quantity_metric_tons": 31.137573770491805,
      "total_trade_value_usd": 50710488
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 2392391.3413875317,
        "active_destinations": 10,
        "yoy_growth_pct": 1.3155054610754688
      },
      {
        "year": 2011,
        "export_value_usd": 2203252.626299226,
        "active_destinations": 9,
        "yoy_growth_pct": -7.905843488741664
      },
      {
        "year": 2012,
        "export_value_usd": 1761848.9833413893,
        "active_destinations": 8,
        "yoy_growth_pct": -20.034182085567583
      },
      {
        "year": 2013,
        "export_value_usd": 3424037.8647366855,
        "active_destinations": 11,
        "yoy_growth_pct": 94.34343675942728
      },
      {
        "year": 2014,
        "export_value_usd": 4238469.220272103,
        "active_destinations": 12,
        "yoy_growth_pct": 23.785699449268474
      },
      {
        "year": 2015,
        "export_value_usd": 4419735.110242055,
        "active_destinations": 15,
        "yoy_growth_pct": 4.276682937862988
      },
      {
        "year": 2016,
        "export_value_usd": 5716131.972238785,
        "active_destinations": 17,
        "yoy_growth_pct": 29.332003607920527
      },
      {
        "year": 2017,
        "export_value_usd": 12868232.993842462,
        "active_destinations": 16,
        "yoy_growth_pct": 125.1213417804012
      },
      {
        "year": 2018,
        "export_value_usd": 38968410.800923996,
        "active_destinations": 16,
        "yoy_growth_pct": 202.82643172198274
      },
      {
        "year": 2019,
        "export_value_usd": 8276231.662630462,
        "active_destinations": 10,
        "yoy_growth_pct": -78.76169057827161
      },
      {
        "year": 2020,
        "export_value_usd": 6802198.477635607,
        "active_destinations": 15,
        "yoy_growth_pct": -17.810438918119388
      },
      {
        "year": 2021,
        "export_value_usd": 11009802.213850684,
        "active_destinations": 11,
        "yoy_growth_pct": 61.85652697504952
      },
      {
        "year": 2022,
        "export_value_usd": 14438559.543884562,
        "active_destinations": 14,
        "yoy_growth_pct": 31.14276953786137
      },
      {
        "year": 2023,
        "export_value_usd": 3428803.0946007567,
        "active_destinations": 12,
        "yoy_growth_pct": -76.25245728855948
      },
      {
        "year": 2024,
        "export_value_usd": 3808222.663536598,
        "active_destinations": 11,
        "yoy_growth_pct": 11.065656395763963
      }
    ],
    "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": "720292",
    "hs_description": "Ferro-alloys: ferro-vanadium",
    "hs_chapter": 72,
    "hs_heading": 7202
  },
  "destinations": [
    {
      "hs_code": 720292,
      "corridor_rank": 60,
      "exporter_iso3": "BEL",
      "importer_iso3": "CAN",
      "latest_data_year": 2022,
      "lane_data_years": 3,
      "exports_latest_observed_usd": 1834096.8239174788,
      "exports_all_year_avg_usd": 615465.989465898,
      "exports_avg_3y_usd": 1834096.8239174788,
      "exports_avg_5y_usd": 1834096.8239174788,
      "exports_avg_10y_usd": 1834096.8239174788,
      "exports_cagr_3y_pct": 434.1419184964745,
      "exports_cagr_5y_pct": 173.2712838653119,
      "exports_cagr_10y_pct": 65.309190266395,
      "exports_historical_peak_usd": 1834096.8239174788,
      "buyer_imports_latest_observed_usd": 14212360.739047417,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 100,
      "trend_acceleration_pct": 368.8327282300795,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -43.5881,
      "buyer_yoy_all_avg_pct": 23.3344,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 5.5591391751991,
      "market_share_change_1y_pp": 5.508399775174068,
      "peer_best_share_pct": 43.45797608263639,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 12,
      "buyer_market_hhi": 2646.74,
      "distance_km": 6031.53369140625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.07329710050202023,
      "tariff_advantage_pp": 0.07145157520060609,
      "volatility_cv": 1.400102583793818,
      "max_drawdown_pct": 0,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market','limited_history']",
      "signal_flag": "Accelerating",
      "confidence_label": "Low",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 720292,
      "corridor_rank": 61,
      "exporter_iso3": "BEL",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 25,
      "exports_latest_observed_usd": 1829924.9747306842,
      "exports_all_year_avg_usd": 1303745.7818482388,
      "exports_avg_3y_usd": 2424155.953387041,
      "exports_avg_5y_usd": 2319933.7621718124,
      "exports_avg_10y_usd": 1979138.6656865967,
      "exports_cagr_3y_pct": -6.774750903393878,
      "exports_cagr_5y_pct": 29.829695530157597,
      "exports_cagr_10y_pct": 15.498290535554915,
      "exports_historical_peak_usd": 5465245.478822184,
      "buyer_imports_latest_observed_usd": 40257056.47012785,
      "historical_peak_year": 2018,
      "positive_growth_year_share_pct": 50,
      "trend_acceleration_pct": -22.273041438948795,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": -11.0812,
      "buyer_yoy_all_avg_pct": 18.4767,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 4.545600536116079,
      "market_share_change_1y_pp": 1.6913201862610339,
      "peer_best_share_pct": 46.68968733560233,
      "peer_top_exporter": "AUT",
      "supplier_count_latest": 22,
      "buyer_market_hhi": 2656.03,
      "distance_km": 196.8760986328125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.9727571907541789,
      "max_drawdown_pct": 99.18999238008708,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 720292,
    "num_markets": 23,
    "highest_price_importer_iso3": "FRA",
    "highest_price_usd_per_ton": 62948.14310783226,
    "lowest_price_importer_iso3": "IND",
    "lowest_price_usd_per_ton": 5869.532293986637,
    "median_price_across_markets": 28369.09031626997,
    "price_spread_pct": 201.20000386868395,
    "avg_quantity_metric_tons": 31.137573770491805,
    "total_trade_value_usd": 50710488
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 2392391.3413875317,
      "active_destinations": 10,
      "yoy_growth_pct": 1.3155054610754688
    },
    {
      "year": 2011,
      "export_value_usd": 2203252.626299226,
      "active_destinations": 9,
      "yoy_growth_pct": -7.905843488741664
    },
    {
      "year": 2012,
      "export_value_usd": 1761848.9833413893,
      "active_destinations": 8,
      "yoy_growth_pct": -20.034182085567583
    },
    {
      "year": 2013,
      "export_value_usd": 3424037.8647366855,
      "active_destinations": 11,
      "yoy_growth_pct": 94.34343675942728
    },
    {
      "year": 2014,
      "export_value_usd": 4238469.220272103,
      "active_destinations": 12,
      "yoy_growth_pct": 23.785699449268474
    },
    {
      "year": 2015,
      "export_value_usd": 4419735.110242055,
      "active_destinations": 15,
      "yoy_growth_pct": 4.276682937862988
    },
    {
      "year": 2016,
      "export_value_usd": 5716131.972238785,
      "active_destinations": 17,
      "yoy_growth_pct": 29.332003607920527
    },
    {
      "year": 2017,
      "export_value_usd": 12868232.993842462,
      "active_destinations": 16,
      "yoy_growth_pct": 125.1213417804012
    },
    {
      "year": 2018,
      "export_value_usd": 38968410.800923996,
      "active_destinations": 16,
      "yoy_growth_pct": 202.82643172198274
    },
    {
      "year": 2019,
      "export_value_usd": 8276231.662630462,
      "active_destinations": 10,
      "yoy_growth_pct": -78.76169057827161
    },
    {
      "year": 2020,
      "export_value_usd": 6802198.477635607,
      "active_destinations": 15,
      "yoy_growth_pct": -17.810438918119388
    },
    {
      "year": 2021,
      "export_value_usd": 11009802.213850684,
      "active_destinations": 11,
      "yoy_growth_pct": 61.85652697504952
    },
    {
      "year": 2022,
      "export_value_usd": 14438559.543884562,
      "active_destinations": 14,
      "yoy_growth_pct": 31.14276953786137
    },
    {
      "year": 2023,
      "export_value_usd": 3428803.0946007567,
      "active_destinations": 12,
      "yoy_growth_pct": -76.25245728855948
    },
    {
      "year": 2024,
      "export_value_usd": 3808222.663536598,
      "active_destinations": 11,
      "yoy_growth_pct": 11.065656395763963
    }
  ],
  "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
  }
}