# Belgium HS 720421 exports | Yugalinks

Explore reported HS 720421 exports from Belgium: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Belgium |
| HS6 | 720421 |
| Latest exports | $104.9M |
| Active destinations | 23 |
| Three-year growth | -9.5% |
| Destination HHI | 2,624 |
| Weighted share | 5.7% |

## Destination markets

- Netherlands: $37.1M; share 7.9%; growth -19.5%
- India: $31.3M; share 2.2%; growth -11.7%
- Germany: $21.2M; share 5.3%; growth +21.7%

## Price intelligence

- Highest reported market price: Ireland at $89.0K / ton.
- Lowest reported market price: Canada at $113.0 / ton.
- Median reported price: $1.8K / ton.
- Price spread: 4,901.2%.

## Export history

- 2010: $112.5M
- 2011: $103.5M
- 2012: $87.7M
- 2013: $59.3M
- 2014: $85.3M
- 2015: $65.2M
- 2016: $64.2M
- 2017: $80.9M
- 2018: $85.3M
- 2019: $98.8M
- 2020: $70.3M
- 2021: $140.7M
- 2022: $162.3M
- 2023: $123.2M
- 2024: $104.1M

## 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/720421",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/720421",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/720421",
    "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": "720421",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 88,
    "current_lane_count": 23,
    "active_market_count": 23,
    "exports_latest_observed_lanes_usd": 104918283.34315157,
    "exports_current_2024_usd": 104124256.27344751,
    "exports_avg_3y_usd": 129874891.48921621,
    "exports_avg_5y_usd": 120122730.0733771,
    "exports_avg_10y_usd": 99500842.99395192,
    "exports_cagr_3y_pct": -9.542995273173338,
    "exports_cagr_5y_pct": 1.052836297228854,
    "exports_cagr_10y_pct": 2.0184271138372845,
    "exports_all_year_lane_avg_usd": 92107706.34742062,
    "exports_historical_lane_peak_usd": 276951421.1579912,
    "historical_peak_year": 2007,
    "positive_growth_year_share_pct": 56,
    "trend_acceleration_pct": -11.561422387010623,
    "trend_label": "Declining",
    "top_market_iso3": "NLD",
    "top_market_exports_usd": 37088907.09500401,
    "top_market_share_pct": 35.35028015441214,
    "destination_hhi": 2623.5594682195397,
    "weighted_share_latest_pct": 5.743303773225625,
    "weighted_share_change_1y_pp": -1.3162769192949906,
    "weighted_volatility_cv": 0.8505446151341501,
    "weighted_max_drawdown_pct": 88.3024818914015,
    "limited_history_lane_share_pct": 51.13636363636363,
    "data_freshness_years": 0,
    "coverage_score": 81.5,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 720421,
      "hs_description": "Ferrous waste and scrap: of stainless steel",
      "hs_chapter": 72,
      "hs_heading": 7204,
      "substitution_elasticity": -15.970032,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Ferrous waste and scrap: of stainless steel",
    "hs_chapter": 72,
    "hs_heading": 7204,
    "destinations": [
      {
        "hs_code": 720421,
        "corridor_rank": 42,
        "exporter_iso3": "BEL",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 37088907.09500401,
        "exports_all_year_avg_usd": 46115160.887411594,
        "exports_avg_3y_usd": 48041401.78839105,
        "exports_avg_5y_usd": 49433980.89520843,
        "exports_avg_10y_usd": 43368997.60408092,
        "exports_cagr_3y_pct": -19.510020345045596,
        "exports_cagr_5y_pct": -6.302942329042471,
        "exports_cagr_10y_pct": -0.20384295759132698,
        "exports_historical_peak_usd": 113771841.85497735,
        "buyer_imports_latest_observed_usd": 468838108.5818115,
        "historical_peak_year": 2007,
        "positive_growth_year_share_pct": 52,
        "trend_acceleration_pct": -19.30617738745427,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 35.998,
        "buyer_yoy_all_avg_pct": 14.2188,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 7.9108132244612674,
        "market_share_change_1y_pp": -3.741942890377133,
        "peer_best_share_pct": 16.025247407763587,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 101,
        "buyer_market_hhi": 790.3,
        "distance_km": 173.03326416015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.4902824854283113,
        "max_drawdown_pct": 77.96787552098382,
        "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": 720421,
        "corridor_rank": 51,
        "exporter_iso3": "BEL",
        "importer_iso3": "IND",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 31329626.32438067,
        "exports_all_year_avg_usd": 12060853.081340851,
        "exports_avg_3y_usd": 42937559.26869505,
        "exports_avg_5y_usd": 40061424.805272326,
        "exports_avg_10y_usd": 26500612.321774058,
        "exports_cagr_3y_pct": -11.678900234721002,
        "exports_cagr_5y_pct": 2.282124589000012,
        "exports_cagr_10y_pct": 17.596361652760194,
        "exports_historical_peak_usd": 49061964.76421991,
        "buyer_imports_latest_observed_usd": 1419441773.005506,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 72,
        "trend_acceleration_pct": -29.275261887481197,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -21.0878,
        "buyer_yoy_all_avg_pct": 27.5665,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 2.2071793940545903,
        "market_share_change_1y_pp": -0.5203623430104316,
        "peer_best_share_pct": 15.39998819308983,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 121,
        "buyer_market_hhi": 617.31,
        "distance_km": 6419.5986328125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.5323102001373737,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.2727648258056705,
        "max_drawdown_pct": 95.7131372958415,
        "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"
      },
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        "hs_code": 720421,
        "corridor_rank": 69,
        "exporter_iso3": "BEL",
        "importer_iso3": "DEU",
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        "lane_data_years": 26,
        "exports_latest_observed_usd": 21222729.201577585,
        "exports_all_year_avg_usd": 9853228.773356922,
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        "exports_avg_5y_usd": 15876139.647939425,
        "exports_avg_10y_usd": 9291545.219003007,
        "exports_cagr_3y_pct": 21.69336726330289,
        "exports_cagr_5y_pct": 82.53115835630283,
        "exports_cagr_10y_pct": 14.840215029566583,
        "exports_historical_peak_usd": 34393066.42417155,
        "buyer_imports_latest_observed_usd": 401022112.3940793,
        "historical_peak_year": 2007,
        "positive_growth_year_share_pct": 64,
        "trend_acceleration_pct": 6.853152233736306,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 2.5956,
        "buyer_yoy_all_avg_pct": 11.5648,
        "buyer_trend_consistency_pct": 51.7241,
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        "market_share_change_1y_pp": 0.9788951095036236,
        "peer_best_share_pct": 14.827581200457088,
        "peer_top_exporter": "AUT",
        "supplier_count_latest": 83,
        "buyer_market_hhi": 748.96,
        "distance_km": 196.8760986328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.8700458495771249,
        "max_drawdown_pct": 96.95459339897953,
        "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"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 720421,
      "num_markets": 44,
      "highest_price_importer_iso3": "IRL",
      "highest_price_usd_per_ton": 89000,
      "lowest_price_importer_iso3": "CAN",
      "lowest_price_usd_per_ton": 112.9976580796253,
      "median_price_across_markets": 1813.5707087672154,
      "price_spread_pct": 4901.215150433357,
      "avg_quantity_metric_tons": 4586.273205128205,
      "total_trade_value_usd": 607930830
    },
    "history": [
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        "year": 2010,
        "export_value_usd": 112451038.4128109,
        "active_destinations": 26,
        "yoy_growth_pct": 40.364142208270174
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      {
        "year": 2011,
        "export_value_usd": 103491577.63046297,
        "active_destinations": 25,
        "yoy_growth_pct": -7.967432678974028
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      {
        "year": 2012,
        "export_value_usd": 87732982.2190091,
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        "yoy_growth_pct": -15.226935149953011
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      {
        "year": 2013,
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      {
        "year": 2014,
        "export_value_usd": 85263995.11371002,
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        "year": 2015,
        "export_value_usd": 65205948.81508181,
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      {
        "year": 2016,
        "export_value_usd": 64219746.80718627,
        "active_destinations": 25,
        "yoy_growth_pct": -1.5124417722872556
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      {
        "year": 2017,
        "export_value_usd": 80900926.05710188,
        "active_destinations": 25,
        "yoy_growth_pct": 25.97515574142526
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      {
        "year": 2018,
        "export_value_usd": 85256229.59665766,
        "active_destinations": 31,
        "yoy_growth_pct": 5.383502701170203
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      {
        "year": 2019,
        "export_value_usd": 98811928.29660591,
        "active_destinations": 27,
        "yoy_growth_pct": 15.899950964380533
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      {
        "year": 2020,
        "export_value_usd": 70311261.59137326,
        "active_destinations": 21,
        "yoy_growth_pct": -28.8433463414271
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      {
        "year": 2021,
        "export_value_usd": 140677714.3078636,
        "active_destinations": 26,
        "yoy_growth_pct": 100.07849542714482
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      {
        "year": 2022,
        "export_value_usd": 162347932.66849682,
        "active_destinations": 25,
        "yoy_growth_pct": 15.404158695107476
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      {
        "year": 2023,
        "export_value_usd": 123152485.52570425,
        "active_destinations": 28,
        "yoy_growth_pct": -24.14286803566938
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      {
        "year": 2024,
        "export_value_usd": 104124256.27344751,
        "active_destinations": 23,
        "yoy_growth_pct": -15.450950235417851
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    ],
    "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,
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      "avg_buyer_biz_entry_days": null,
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      "pct_partners_with_fta": 40,
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      "avg_mfn_tariff_pct": 0.13052375531925514,
      "avg_preferential_tariff_pct": 0.024784923491291154,
      "tariff_advantage_pp": 0.10573883182796398,
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      "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
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    "countryMap": {}
  },
  "product": {
    "hs_code": "720421",
    "hs_description": "Ferrous waste and scrap: of stainless steel",
    "hs_chapter": 72,
    "hs_heading": 7204
  },
  "destinations": [
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      "corridor_rank": 42,
      "exporter_iso3": "BEL",
      "importer_iso3": "NLD",
      "latest_data_year": 2024,
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      "exports_latest_observed_usd": 37088907.09500401,
      "exports_all_year_avg_usd": 46115160.887411594,
      "exports_avg_3y_usd": 48041401.78839105,
      "exports_avg_5y_usd": 49433980.89520843,
      "exports_avg_10y_usd": 43368997.60408092,
      "exports_cagr_3y_pct": -19.510020345045596,
      "exports_cagr_5y_pct": -6.302942329042471,
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      "peer_top_exporter": "DEU",
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      "has_reported_fta": 1,
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      "volatility_cv": 0.4902824854283113,
      "max_drawdown_pct": 77.96787552098382,
      "attention_level": "Watch",
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      "risk_driver_labels": "['unrecovered_drawdown']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 720421,
      "corridor_rank": 51,
      "exporter_iso3": "BEL",
      "importer_iso3": "IND",
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      "exports_latest_observed_usd": 31329626.32438067,
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      "exports_avg_3y_usd": 42937559.26869505,
      "exports_avg_5y_usd": 40061424.805272326,
      "exports_avg_10y_usd": 26500612.321774058,
      "exports_cagr_3y_pct": -11.678900234721002,
      "exports_cagr_5y_pct": 2.282124589000012,
      "exports_cagr_10y_pct": 17.596361652760194,
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      "historical_peak_year": 2023,
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      "buyer_yoy_latest_pct": -21.0878,
      "buyer_yoy_all_avg_pct": 27.5665,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 2.2071793940545903,
      "market_share_change_1y_pp": -0.5203623430104316,
      "peer_best_share_pct": 15.39998819308983,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 121,
      "buyer_market_hhi": 617.31,
      "distance_km": 6419.5986328125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.5323102001373737,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.2727648258056705,
      "max_drawdown_pct": 95.7131372958415,
      "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": 720421,
      "corridor_rank": 69,
      "exporter_iso3": "BEL",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 21222729.201577585,
      "exports_all_year_avg_usd": 9853228.773356922,
      "exports_avg_3y_usd": 22136692.43503536,
      "exports_avg_5y_usd": 15876139.647939425,
      "exports_avg_10y_usd": 9291545.219003007,
      "exports_cagr_3y_pct": 21.69336726330289,
      "exports_cagr_5y_pct": 82.53115835630283,
      "exports_cagr_10y_pct": 14.840215029566583,
      "exports_historical_peak_usd": 34393066.42417155,
      "buyer_imports_latest_observed_usd": 401022112.3940793,
      "historical_peak_year": 2007,
      "positive_growth_year_share_pct": 64,
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      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 2.5956,
      "buyer_yoy_all_avg_pct": 11.5648,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 5.292159346246295,
      "market_share_change_1y_pp": 0.9788951095036236,
      "peer_best_share_pct": 14.827581200457088,
      "peer_top_exporter": "AUT",
      "supplier_count_latest": 83,
      "buyer_market_hhi": 748.96,
      "distance_km": 196.8760986328125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.8700458495771249,
      "max_drawdown_pct": 96.95459339897953,
      "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"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 720421,
    "num_markets": 44,
    "highest_price_importer_iso3": "IRL",
    "highest_price_usd_per_ton": 89000,
    "lowest_price_importer_iso3": "CAN",
    "lowest_price_usd_per_ton": 112.9976580796253,
    "median_price_across_markets": 1813.5707087672154,
    "price_spread_pct": 4901.215150433357,
    "avg_quantity_metric_tons": 4586.273205128205,
    "total_trade_value_usd": 607930830
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      "year": 2010,
      "export_value_usd": 112451038.4128109,
      "active_destinations": 26,
      "yoy_growth_pct": 40.364142208270174
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      "year": 2011,
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      "yoy_growth_pct": -7.967432678974028
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      "year": 2013,
      "export_value_usd": 59265345.6308219,
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      "yoy_growth_pct": -32.44804390340116
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      "year": 2014,
      "export_value_usd": 85263995.11371002,
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      "yoy_growth_pct": 43.8682154067572
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    {
      "year": 2015,
      "export_value_usd": 65205948.81508181,
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      "yoy_growth_pct": -23.524638121728092
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    {
      "year": 2016,
      "export_value_usd": 64219746.80718627,
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      "yoy_growth_pct": -1.5124417722872556
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      "yoy_growth_pct": 25.97515574142526
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    {
      "year": 2018,
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      "yoy_growth_pct": 5.383502701170203
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    {
      "year": 2019,
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    {
      "year": 2020,
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      "yoy_growth_pct": -28.8433463414271
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    {
      "year": 2021,
      "export_value_usd": 140677714.3078636,
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    {
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    "gdp_million_usd": 671370.0816364061,
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    "secondary_education_pct": 92.2,
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    "num_active_partners": 270,
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    "pct_partners_with_fta": 40,
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    "tariff_advantage_pp": 0.10573883182796398,
    "avg_distance_all_partners_km": 6629.935732142248,
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    "pct_products_high_elasticity": 75.91257847012322,
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    "real_market_potential": 1056408.5931701933,
    "foreign_market_potential": 65137.21681860446
  }
}
```