{
  "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/721931",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/721931",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/721931",
    "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": "721931",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 134,
    "current_lane_count": 63,
    "active_market_count": 63,
    "exports_latest_observed_lanes_usd": 158769081.72067708,
    "exports_current_2024_usd": 157851144.1277945,
    "exports_avg_3y_usd": 170816493.02803406,
    "exports_avg_5y_usd": 155706174.95060763,
    "exports_avg_10y_usd": 135700269.69605234,
    "exports_cagr_3y_pct": -0.4989950757028794,
    "exports_cagr_5y_pct": 4.63972197879694,
    "exports_cagr_10y_pct": 0.5427909486086513,
    "exports_all_year_lane_avg_usd": 112899159.73696771,
    "exports_historical_lane_peak_usd": 315962460.77089596,
    "historical_peak_year": 2007,
    "positive_growth_year_share_pct": 52,
    "trend_acceleration_pct": -1.0417860243115307,
    "trend_label": "Stable",
    "top_market_iso3": "DEU",
    "top_market_exports_usd": 67871789.66803041,
    "top_market_share_pct": 42.74874486421572,
    "destination_hhi": 2311.6541998928146,
    "weighted_share_latest_pct": 38.73548092921768,
    "weighted_share_change_1y_pp": 5.14503785447042,
    "weighted_volatility_cv": 0.6666820767183097,
    "weighted_max_drawdown_pct": 67.08110810343742,
    "limited_history_lane_share_pct": 32.83582089552239,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 721931,
      "hs_description": "Steel, stainless: flat-rolled, width 600mm or more, cold-rolled or cold-reduced, of a thickness of 4.75mm or more",
      "hs_chapter": 72,
      "hs_heading": 7219,
      "substitution_elasticity": -21.153761,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Steel, stainless: flat-rolled, width 600mm or more, cold-rolled or cold-reduced, of a thickness of 4.75mm or more",
    "hs_chapter": 72,
    "hs_heading": 7219,
    "destinations": [
      {
        "hs_code": 721931,
        "corridor_rank": 1,
        "exporter_iso3": "BEL",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 67871789.66803041,
        "exports_all_year_avg_usd": 36070385.59507262,
        "exports_avg_3y_usd": 74352392.36904837,
        "exports_avg_5y_usd": 67220726.12712827,
        "exports_avg_10y_usd": 52580411.941680335,
        "exports_cagr_3y_pct": -1.338387455824952,
        "exports_cagr_5y_pct": 10.579144705569776,
        "exports_cagr_10y_pct": 4.562886932035903,
        "exports_historical_peak_usd": 83952512.60916868,
        "buyer_imports_latest_observed_usd": 128058999.09075552,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 48,
        "trend_acceleration_pct": -5.901274387860855,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": -24,
        "buyer_yoy_all_avg_pct": 9.3694,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 53.00040617991213,
        "market_share_change_1y_pp": 10.725356593373434,
        "peer_best_share_pct": 53.00040617991213,
        "peer_top_exporter": "BEL",
        "supplier_count_latest": 31,
        "buyer_market_hhi": 3217.29,
        "distance_km": 196.8760986328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.5829596468384756,
        "max_drawdown_pct": 53.04600150746691,
        "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"
      },
      {
        "hs_code": 721931,
        "corridor_rank": 4,
        "exporter_iso3": "BEL",
        "importer_iso3": "ITA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 26784467.36155207,
        "exports_all_year_avg_usd": 17463094.65982258,
        "exports_avg_3y_usd": 28574990.04933418,
        "exports_avg_5y_usd": 25187191.49838859,
        "exports_avg_10y_usd": 20529836.865885116,
        "exports_cagr_3y_pct": 1.0451166618581142,
        "exports_cagr_5y_pct": 7.307386616892719,
        "exports_cagr_10y_pct": 4.878934200439411,
        "exports_historical_peak_usd": 50476508.77722264,
        "buyer_imports_latest_observed_usd": 108262267.93498328,
        "historical_peak_year": 2007,
        "positive_growth_year_share_pct": 56,
        "trend_acceleration_pct": -3.8338175385812967,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 19.7554,
        "buyer_yoy_all_avg_pct": 16.9039,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 24.740353100340954,
        "market_share_change_1y_pp": -5.341273617881143,
        "peer_best_share_pct": 25.65790945253851,
        "peer_top_exporter": "FRA",
        "supplier_count_latest": 31,
        "buyer_market_hhi": 1933.03,
        "distance_km": 1174.9036865234375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.593262596183205,
        "max_drawdown_pct": 76.1229199282265,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 721931,
        "corridor_rank": 8,
        "exporter_iso3": "BEL",
        "importer_iso3": "POL",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 15746444.327436257,
        "exports_all_year_avg_usd": 6651967.657569526,
        "exports_avg_3y_usd": 16370540.425622122,
        "exports_avg_5y_usd": 14640630.012388155,
        "exports_avg_10y_usd": 13376961.575016577,
        "exports_cagr_3y_pct": 0.6020459859307659,
        "exports_cagr_5y_pct": 1.605469267919779,
        "exports_cagr_10y_pct": 7.235357962549838,
        "exports_historical_peak_usd": 20839896.41113831,
        "buyer_imports_latest_observed_usd": 38012991.78364986,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 60,
        "trend_acceleration_pct": -6.633311976619072,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 3.3253,
        "buyer_yoy_all_avg_pct": 15.8833,
        "buyer_trend_consistency_pct": 79.3103,
        "market_share_latest_pct": 41.42384902787135,
        "market_share_change_1y_pp": 7.378154769669592,
        "peer_best_share_pct": 41.42384902787135,
        "peer_top_exporter": "BEL",
        "supplier_count_latest": 22,
        "buyer_market_hhi": 2486.8,
        "distance_km": 1160.6441650390625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.08183472355387879,
        "tariff_advantage_pp": 0.046077346169494965,
        "volatility_cv": 0.9106712902637123,
        "max_drawdown_pct": 68.96786482967607,
        "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"
      },
      {
        "hs_code": 721931,
        "corridor_rank": 12,
        "exporter_iso3": "BEL",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 9932062.351569228,
        "exports_all_year_avg_usd": 7873943.328988742,
        "exports_avg_3y_usd": 9805548.700377299,
        "exports_avg_5y_usd": 7801918.04697198,
        "exports_avg_10y_usd": 6836665.761928303,
        "exports_cagr_3y_pct": 26.93152796131759,
        "exports_cagr_5y_pct": 23.182774272471775,
        "exports_cagr_10y_pct": -9.281434246646402,
        "exports_historical_peak_usd": 26307385.119255252,
        "buyer_imports_latest_observed_usd": 19498773.4903314,
        "historical_peak_year": 2014,
        "positive_growth_year_share_pct": 52,
        "trend_acceleration_pct": 36.212962207964,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 35.7296,
        "buyer_yoy_all_avg_pct": 17.9817,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 50.93685690791839,
        "market_share_change_1y_pp": -2.729296056255876,
        "peer_best_share_pct": 50.93685690791838,
        "peer_top_exporter": "BEL",
        "supplier_count_latest": 18,
        "buyer_market_hhi": 3350.56,
        "distance_km": 5891.71142578125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.0467447546369697,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.8915265966905884,
        "max_drawdown_pct": 86.68896423299597,
        "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','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 721931,
        "corridor_rank": 14,
        "exporter_iso3": "BEL",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 9735564.187641868,
        "exports_all_year_avg_usd": 7148791.36365978,
        "exports_avg_3y_usd": 10834730.841865791,
        "exports_avg_5y_usd": 10712220.582565257,
        "exports_avg_10y_usd": 8979769.758219246,
        "exports_cagr_3y_pct": -8.438223588085126,
        "exports_cagr_5y_pct": 1.8220834979333134,
        "exports_cagr_10y_pct": 8.14838647118572,
        "exports_historical_peak_usd": 14608190.158893012,
        "buyer_imports_latest_observed_usd": 82084516.83792287,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 52,
        "trend_acceleration_pct": -16.586610059270846,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": 0.2113,
        "buyer_yoy_all_avg_pct": 12.6743,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 11.860414804980685,
        "market_share_change_1y_pp": 1.8978990909051294,
        "peer_best_share_pct": 71.59686805254019,
        "peer_top_exporter": "FIN",
        "supplier_count_latest": 30,
        "buyer_market_hhi": 5324.78,
        "distance_km": 173.03326416015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.4266640684556183,
        "max_drawdown_pct": 65.7807241940364,
        "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"
      },
      {
        "hs_code": 721931,
        "corridor_rank": 26,
        "exporter_iso3": "BEL",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 5041374.492603507,
        "exports_all_year_avg_usd": 2984953.745555947,
        "exports_avg_3y_usd": 3992055.892665796,
        "exports_avg_5y_usd": 4522811.208164732,
        "exports_avg_10y_usd": 4113987.614671978,
        "exports_cagr_3y_pct": -5.29576146821249,
        "exports_cagr_5y_pct": 6.4142710486141175,
        "exports_cagr_10y_pct": 8.094072534988438,
        "exports_historical_peak_usd": 8797712.525906693,
        "buyer_imports_latest_observed_usd": 13568731.900046317,
        "historical_peak_year": 2007,
        "positive_growth_year_share_pct": 52,
        "trend_acceleration_pct": -13.389834003200928,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": 25.2598,
        "buyer_yoy_all_avg_pct": 9.0097,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 37.15435259345273,
        "market_share_change_1y_pp": 16.50033724877125,
        "peer_best_share_pct": 37.154352593452735,
        "peer_top_exporter": "BEL",
        "supplier_count_latest": 25,
        "buyer_market_hhi": 1914.36,
        "distance_km": 262.384521484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.6116205255064581,
        "max_drawdown_pct": 82.78814037500966,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 721931,
        "corridor_rank": 38,
        "exporter_iso3": "BEL",
        "importer_iso3": "ESP",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 3458757.482644608,
        "exports_all_year_avg_usd": 2613454.783556685,
        "exports_avg_3y_usd": 3718157.6151469494,
        "exports_avg_5y_usd": 3159616.7715081065,
        "exports_avg_10y_usd": 2712995.299567934,
        "exports_cagr_3y_pct": 5.592880205407624,
        "exports_cagr_5y_pct": 12.07272697451145,
        "exports_cagr_10y_pct": -0.8675448168723454,
        "exports_historical_peak_usd": 6464954.858722848,
        "buyer_imports_latest_observed_usd": 14030079.570299618,
        "historical_peak_year": 2007,
        "positive_growth_year_share_pct": 56,
        "trend_acceleration_pct": 6.46042502227997,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": -6.1725,
        "buyer_yoy_all_avg_pct": 19.7776,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 24.65244381055741,
        "market_share_change_1y_pp": 3.216306883551116,
        "peer_best_share_pct": 24.652443810557408,
        "peer_top_exporter": "BEL",
        "supplier_count_latest": 19,
        "buyer_market_hhi": 1739.19,
        "distance_km": 1316.64013671875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.6115087921159659,
        "max_drawdown_pct": 78.15848251577923,
        "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"
      },
      {
        "hs_code": 721931,
        "corridor_rank": 53,
        "exporter_iso3": "BEL",
        "importer_iso3": "CAN",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 2487722.7933754213,
        "exports_all_year_avg_usd": 2082714.4017302452,
        "exports_avg_3y_usd": 2833510.0445978567,
        "exports_avg_5y_usd": 2270358.4565096255,
        "exports_avg_10y_usd": 2185577.2858459763,
        "exports_cagr_3y_pct": 13.776587118218874,
        "exports_cagr_5y_pct": 5.915127362050665,
        "exports_cagr_10y_pct": -1.6245374848167904,
        "exports_historical_peak_usd": 5276694.6989610195,
        "buyer_imports_latest_observed_usd": 11743991.690781023,
        "historical_peak_year": 2007,
        "positive_growth_year_share_pct": 48,
        "trend_acceleration_pct": 15.401124603035665,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -11.211,
        "buyer_yoy_all_avg_pct": 13.026,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 21.182940680452557,
        "market_share_change_1y_pp": -2.2415031249368944,
        "peer_best_share_pct": 47.719145754463746,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 15,
        "buyer_market_hhi": 3079.05,
        "distance_km": 6031.53369140625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.07329710050202023,
        "tariff_advantage_pp": 0.07145157520060609,
        "volatility_cv": 0.6347730536768265,
        "max_drawdown_pct": 82.08509055885852,
        "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"
      },
      {
        "hs_code": 721931,
        "corridor_rank": 60,
        "exporter_iso3": "BEL",
        "importer_iso3": "CZE",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 2199378.4153043344,
        "exports_all_year_avg_usd": 1151916.383622884,
        "exports_avg_3y_usd": 2522188.5437882305,
        "exports_avg_5y_usd": 2331815.9957762714,
        "exports_avg_10y_usd": 2152153.641108735,
        "exports_cagr_3y_pct": -6.49610695755255,
        "exports_cagr_5y_pct": 0.6556765059193115,
        "exports_cagr_10y_pct": 9.791695096211406,
        "exports_historical_peak_usd": 3687452.7150309673,
        "buyer_imports_latest_observed_usd": 14228115.356394934,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 52,
        "trend_acceleration_pct": -16.287802053763954,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": 27.2154,
        "buyer_yoy_all_avg_pct": 14.8343,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 15.457974300973088,
        "market_share_change_1y_pp": 0.439255566631056,
        "peer_best_share_pct": 23.231064782307513,
        "peer_top_exporter": "FIN",
        "supplier_count_latest": 23,
        "buyer_market_hhi": 1417.36,
        "distance_km": 718.4292602539062,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.026038070801587307,
        "tariff_advantage_pp": 0.026038070801587307,
        "volatility_cv": 0.8314593657354573,
        "max_drawdown_pct": 69.97717452332225,
        "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"
      },
      {
        "hs_code": 721931,
        "corridor_rank": 69,
        "exporter_iso3": "BEL",
        "importer_iso3": "CHE",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 1589798.5447418059,
        "exports_all_year_avg_usd": 904848.8837735642,
        "exports_avg_3y_usd": 1395748.7917865578,
        "exports_avg_5y_usd": 1483441.964415163,
        "exports_avg_10y_usd": 1314356.2818189461,
        "exports_cagr_3y_pct": -11.616414242247364,
        "exports_cagr_5y_pct": 7.305414622916784,
        "exports_cagr_10y_pct": 20.861333283433893,
        "exports_historical_peak_usd": 2302646.358030009,
        "buyer_imports_latest_observed_usd": 12158302.792524995,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 56,
        "trend_acceleration_pct": -32.47774752568126,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -15.1199,
        "buyer_yoy_all_avg_pct": 6.9722,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 13.075826222383805,
        "market_share_change_1y_pp": 5.458244845542844,
        "peer_best_share_pct": 22.610557017768247,
        "peer_top_exporter": "FIN",
        "supplier_count_latest": 20,
        "buyer_market_hhi": 1437.05,
        "distance_km": 487.4554748535156,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.012764303815058584,
        "tariff_advantage_pp": -0.020929647224547474,
        "volatility_cv": 0.6098530573347929,
        "max_drawdown_pct": 93.07479780029418,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 721931,
        "corridor_rank": 72,
        "exporter_iso3": "BEL",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 1370323.1649388997,
        "exports_all_year_avg_usd": 2910111.6525873896,
        "exports_avg_3y_usd": 1415757.260599917,
        "exports_avg_5y_usd": 1224900.379891016,
        "exports_avg_10y_usd": 1650395.8791793275,
        "exports_cagr_3y_pct": 1.5934869981456101,
        "exports_cagr_5y_pct": 4.82736419231391,
        "exports_cagr_10y_pct": -11.664199935100694,
        "exports_historical_peak_usd": 5676863.528135413,
        "buyer_imports_latest_observed_usd": 10867456.884002693,
        "historical_peak_year": 1999,
        "positive_growth_year_share_pct": 40,
        "trend_acceleration_pct": 13.257686933246305,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 12.4084,
        "buyer_yoy_all_avg_pct": 10.1191,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 12.609418924459384,
        "market_share_change_1y_pp": 3.479738834741646,
        "peer_best_share_pct": 43.22975680349248,
        "peer_top_exporter": "FIN",
        "supplier_count_latest": 23,
        "buyer_market_hhi": 2403.5,
        "distance_km": 323.77960205078125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.520211868892215,
        "max_drawdown_pct": 89.95253015459025,
        "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": 721931,
        "corridor_rank": 76,
        "exporter_iso3": "BEL",
        "importer_iso3": "KOR",
        "latest_data_year": 2024,
        "lane_data_years": 22,
        "exports_latest_observed_usd": 1251038.2739650244,
        "exports_all_year_avg_usd": 1764775.0140223615,
        "exports_avg_3y_usd": 3078070.5582909524,
        "exports_avg_5y_usd": 3160045.3155034045,
        "exports_avg_10y_usd": 2460995.2117818412,
        "exports_cagr_3y_pct": -14.2221124549343,
        "exports_cagr_5y_pct": -26.61859441213049,
        "exports_cagr_10y_pct": -7.452897578354034,
        "exports_historical_peak_usd": 5879500.958738661,
        "buyer_imports_latest_observed_usd": 11710039.298343362,
        "historical_peak_year": 2019,
        "positive_growth_year_share_pct": 47.61904761904762,
        "trend_acceleration_pct": -6.769214876580265,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -21.0601,
        "buyer_yoy_all_avg_pct": 31.9065,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 10.683467767200497,
        "market_share_change_1y_pp": -28.358266098452034,
        "peer_best_share_pct": 56.07693864201914,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 14,
        "buyer_market_hhi": 3659.76,
        "distance_km": 8722.1142578125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.13695644286262626,
        "tariff_advantage_pp": 0.11067370517943839,
        "volatility_cv": 1.0831982188489038,
        "max_drawdown_pct": 86.5762746487009,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 721931,
        "corridor_rank": 96,
        "exporter_iso3": "BEL",
        "importer_iso3": "TUR",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 939223.040656219,
        "exports_all_year_avg_usd": 3875703.954166566,
        "exports_avg_3y_usd": 1437935.389268385,
        "exports_avg_5y_usd": 1922562.5128073879,
        "exports_avg_10y_usd": 3440309.2417328856,
        "exports_cagr_3y_pct": -26.999083319315396,
        "exports_cagr_5y_pct": -26.67372184920597,
        "exports_cagr_10y_pct": -21.2564330116941,
        "exports_historical_peak_usd": 10247499.335695256,
        "buyer_imports_latest_observed_usd": 17673176.661558732,
        "historical_peak_year": 2014,
        "positive_growth_year_share_pct": 52,
        "trend_acceleration_pct": -5.742650307621297,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -14.9197,
        "buyer_yoy_all_avg_pct": 11.6188,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 5.314398529717303,
        "market_share_change_1y_pp": -0.44838073502322473,
        "peer_best_share_pct": 52.31467426559342,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 17,
        "buyer_market_hhi": 3355.59,
        "distance_km": 2179.3916015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.07943356052620203,
        "tariff_advantage_pp": 0.07065853177226666,
        "volatility_cv": 0.6901805119709337,
        "max_drawdown_pct": 90.83461232942354,
        "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": 721931,
      "num_markets": 89,
      "highest_price_importer_iso3": "COD",
      "highest_price_usd_per_ton": 97000,
      "lowest_price_importer_iso3": "AGO",
      "lowest_price_usd_per_ton": 581.0810810810812,
      "median_price_across_markets": 3121.214380825566,
      "price_spread_pct": 3089.147593040884,
      "avg_quantity_metric_tons": 591.570603125,
      "total_trade_value_usd": 629520262
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 116540001.87236948,
        "active_destinations": 62,
        "yoy_growth_pct": 68.15273333358918
      },
      {
        "year": 2011,
        "export_value_usd": 164717431.7836609,
        "active_destinations": 66,
        "yoy_growth_pct": 41.339822496359346
      },
      {
        "year": 2012,
        "export_value_usd": 133985645.66874714,
        "active_destinations": 70,
        "yoy_growth_pct": -18.65727614990788
      },
      {
        "year": 2013,
        "export_value_usd": 128478046.746786,
        "active_destinations": 73,
        "yoy_growth_pct": -4.110588783202632
      },
      {
        "year": 2014,
        "export_value_usd": 149533455.20339355,
        "active_destinations": 70,
        "yoy_growth_pct": 16.388331695379136
      },
      {
        "year": 2015,
        "export_value_usd": 102988941.22190343,
        "active_destinations": 69,
        "yoy_growth_pct": -31.126488663142876
      },
      {
        "year": 2016,
        "export_value_usd": 96141179.9457059,
        "active_destinations": 70,
        "yoy_growth_pct": -6.6490258031132745
      },
      {
        "year": 2017,
        "export_value_usd": 121466152.33537138,
        "active_destinations": 72,
        "yoy_growth_pct": 26.341441205493126
      },
      {
        "year": 2018,
        "export_value_usd": 132051154.35191885,
        "active_destinations": 71,
        "yoy_growth_pct": 8.714363477425374
      },
      {
        "year": 2019,
        "export_value_usd": 125824394.35258558,
        "active_destinations": 74,
        "yoy_growth_pct": -4.715415044944498
      },
      {
        "year": 2020,
        "export_value_usd": 105843463.0376082,
        "active_destinations": 69,
        "yoy_growth_pct": -15.880013901745269
      },
      {
        "year": 2021,
        "export_value_usd": 160237932.6313278,
        "active_destinations": 62,
        "yoy_growth_pct": 51.39143035634823
      },
      {
        "year": 2022,
        "export_value_usd": 197212666.527601,
        "active_destinations": 55,
        "yoy_growth_pct": 23.074894495390126
      },
      {
        "year": 2023,
        "export_value_usd": 157385668.42870685,
        "active_destinations": 62,
        "yoy_growth_pct": -20.194949340802175
      },
      {
        "year": 2024,
        "export_value_usd": 157851144.12779447,
        "active_destinations": 63,
        "yoy_growth_pct": 0.2957548191870295
      }
    ],
    "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": "721931",
    "hs_description": "Steel, stainless: flat-rolled, width 600mm or more, cold-rolled or cold-reduced, of a thickness of 4.75mm or more",
    "hs_chapter": 72,
    "hs_heading": 7219
  },
  "destinations": [
    {
      "hs_code": 721931,
      "corridor_rank": 1,
      "exporter_iso3": "BEL",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 67871789.66803041,
      "exports_all_year_avg_usd": 36070385.59507262,
      "exports_avg_3y_usd": 74352392.36904837,
      "exports_avg_5y_usd": 67220726.12712827,
      "exports_avg_10y_usd": 52580411.941680335,
      "exports_cagr_3y_pct": -1.338387455824952,
      "exports_cagr_5y_pct": 10.579144705569776,
      "exports_cagr_10y_pct": 4.562886932035903,
      "exports_historical_peak_usd": 83952512.60916868,
      "buyer_imports_latest_observed_usd": 128058999.09075552,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 48,
      "trend_acceleration_pct": -5.901274387860855,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": -24,
      "buyer_yoy_all_avg_pct": 9.3694,
      "buyer_trend_consistency_pct": 48.2759,
      "market_share_latest_pct": 53.00040617991213,
      "market_share_change_1y_pp": 10.725356593373434,
      "peer_best_share_pct": 53.00040617991213,
      "peer_top_exporter": "BEL",
      "supplier_count_latest": 31,
      "buyer_market_hhi": 3217.29,
      "distance_km": 196.8760986328125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.5829596468384756,
      "max_drawdown_pct": 53.04600150746691,
      "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"
    },
    {
      "hs_code": 721931,
      "corridor_rank": 4,
      "exporter_iso3": "BEL",
      "importer_iso3": "ITA",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 26784467.36155207,
      "exports_all_year_avg_usd": 17463094.65982258,
      "exports_avg_3y_usd": 28574990.04933418,
      "exports_avg_5y_usd": 25187191.49838859,
      "exports_avg_10y_usd": 20529836.865885116,
      "exports_cagr_3y_pct": 1.0451166618581142,
      "exports_cagr_5y_pct": 7.307386616892719,
      "exports_cagr_10y_pct": 4.878934200439411,
      "exports_historical_peak_usd": 50476508.77722264,
      "buyer_imports_latest_observed_usd": 108262267.93498328,
      "historical_peak_year": 2007,
      "positive_growth_year_share_pct": 56,
      "trend_acceleration_pct": -3.8338175385812967,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": 19.7554,
      "buyer_yoy_all_avg_pct": 16.9039,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 24.740353100340954,
      "market_share_change_1y_pp": -5.341273617881143,
      "peer_best_share_pct": 25.65790945253851,
      "peer_top_exporter": "FRA",
      "supplier_count_latest": 31,
      "buyer_market_hhi": 1933.03,
      "distance_km": 1174.9036865234375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.593262596183205,
      "max_drawdown_pct": 76.1229199282265,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 721931,
      "corridor_rank": 8,
      "exporter_iso3": "BEL",
      "importer_iso3": "POL",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 15746444.327436257,
      "exports_all_year_avg_usd": 6651967.657569526,
      "exports_avg_3y_usd": 16370540.425622122,
      "exports_avg_5y_usd": 14640630.012388155,
      "exports_avg_10y_usd": 13376961.575016577,
      "exports_cagr_3y_pct": 0.6020459859307659,
      "exports_cagr_5y_pct": 1.605469267919779,
      "exports_cagr_10y_pct": 7.235357962549838,
      "exports_historical_peak_usd": 20839896.41113831,
      "buyer_imports_latest_observed_usd": 38012991.78364986,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 60,
      "trend_acceleration_pct": -6.633311976619072,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": 3.3253,
      "buyer_yoy_all_avg_pct": 15.8833,
      "buyer_trend_consistency_pct": 79.3103,
      "market_share_latest_pct": 41.42384902787135,
      "market_share_change_1y_pp": 7.378154769669592,
      "peer_best_share_pct": 41.42384902787135,
      "peer_top_exporter": "BEL",
      "supplier_count_latest": 22,
      "buyer_market_hhi": 2486.8,
      "distance_km": 1160.6441650390625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.08183472355387879,
      "tariff_advantage_pp": 0.046077346169494965,
      "volatility_cv": 0.9106712902637123,
      "max_drawdown_pct": 68.96786482967607,
      "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"
    },
    {
      "hs_code": 721931,
      "corridor_rank": 12,
      "exporter_iso3": "BEL",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 9932062.351569228,
      "exports_all_year_avg_usd": 7873943.328988742,
      "exports_avg_3y_usd": 9805548.700377299,
      "exports_avg_5y_usd": 7801918.04697198,
      "exports_avg_10y_usd": 6836665.761928303,
      "exports_cagr_3y_pct": 26.93152796131759,
      "exports_cagr_5y_pct": 23.182774272471775,
      "exports_cagr_10y_pct": -9.281434246646402,
      "exports_historical_peak_usd": 26307385.119255252,
      "buyer_imports_latest_observed_usd": 19498773.4903314,
      "historical_peak_year": 2014,
      "positive_growth_year_share_pct": 52,
      "trend_acceleration_pct": 36.212962207964,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 35.7296,
      "buyer_yoy_all_avg_pct": 17.9817,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 50.93685690791839,
      "market_share_change_1y_pp": -2.729296056255876,
      "peer_best_share_pct": 50.93685690791838,
      "peer_top_exporter": "BEL",
      "supplier_count_latest": 18,
      "buyer_market_hhi": 3350.56,
      "distance_km": 5891.71142578125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.0467447546369697,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.8915265966905884,
      "max_drawdown_pct": 86.68896423299597,
      "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','dominant_supplier']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 721931,
      "corridor_rank": 14,
      "exporter_iso3": "BEL",
      "importer_iso3": "NLD",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 9735564.187641868,
      "exports_all_year_avg_usd": 7148791.36365978,
      "exports_avg_3y_usd": 10834730.841865791,
      "exports_avg_5y_usd": 10712220.582565257,
      "exports_avg_10y_usd": 8979769.758219246,
      "exports_cagr_3y_pct": -8.438223588085126,
      "exports_cagr_5y_pct": 1.8220834979333134,
      "exports_cagr_10y_pct": 8.14838647118572,
      "exports_historical_peak_usd": 14608190.158893012,
      "buyer_imports_latest_observed_usd": 82084516.83792287,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 52,
      "trend_acceleration_pct": -16.586610059270846,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": 0.2113,
      "buyer_yoy_all_avg_pct": 12.6743,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 11.860414804980685,
      "market_share_change_1y_pp": 1.8978990909051294,
      "peer_best_share_pct": 71.59686805254019,
      "peer_top_exporter": "FIN",
      "supplier_count_latest": 30,
      "buyer_market_hhi": 5324.78,
      "distance_km": 173.03326416015625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.4266640684556183,
      "max_drawdown_pct": 65.7807241940364,
      "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"
    },
    {
      "hs_code": 721931,
      "corridor_rank": 26,
      "exporter_iso3": "BEL",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 5041374.492603507,
      "exports_all_year_avg_usd": 2984953.745555947,
      "exports_avg_3y_usd": 3992055.892665796,
      "exports_avg_5y_usd": 4522811.208164732,
      "exports_avg_10y_usd": 4113987.614671978,
      "exports_cagr_3y_pct": -5.29576146821249,
      "exports_cagr_5y_pct": 6.4142710486141175,
      "exports_cagr_10y_pct": 8.094072534988438,
      "exports_historical_peak_usd": 8797712.525906693,
      "buyer_imports_latest_observed_usd": 13568731.900046317,
      "historical_peak_year": 2007,
      "positive_growth_year_share_pct": 52,
      "trend_acceleration_pct": -13.389834003200928,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": 25.2598,
      "buyer_yoy_all_avg_pct": 9.0097,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 37.15435259345273,
      "market_share_change_1y_pp": 16.50033724877125,
      "peer_best_share_pct": 37.154352593452735,
      "peer_top_exporter": "BEL",
      "supplier_count_latest": 25,
      "buyer_market_hhi": 1914.36,
      "distance_km": 262.384521484375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.6116205255064581,
      "max_drawdown_pct": 82.78814037500966,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 721931,
      "corridor_rank": 38,
      "exporter_iso3": "BEL",
      "importer_iso3": "ESP",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 3458757.482644608,
      "exports_all_year_avg_usd": 2613454.783556685,
      "exports_avg_3y_usd": 3718157.6151469494,
      "exports_avg_5y_usd": 3159616.7715081065,
      "exports_avg_10y_usd": 2712995.299567934,
      "exports_cagr_3y_pct": 5.592880205407624,
      "exports_cagr_5y_pct": 12.07272697451145,
      "exports_cagr_10y_pct": -0.8675448168723454,
      "exports_historical_peak_usd": 6464954.858722848,
      "buyer_imports_latest_observed_usd": 14030079.570299618,
      "historical_peak_year": 2007,
      "positive_growth_year_share_pct": 56,
      "trend_acceleration_pct": 6.46042502227997,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": -6.1725,
      "buyer_yoy_all_avg_pct": 19.7776,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 24.65244381055741,
      "market_share_change_1y_pp": 3.216306883551116,
      "peer_best_share_pct": 24.652443810557408,
      "peer_top_exporter": "BEL",
      "supplier_count_latest": 19,
      "buyer_market_hhi": 1739.19,
      "distance_km": 1316.64013671875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.6115087921159659,
      "max_drawdown_pct": 78.15848251577923,
      "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"
    },
    {
      "hs_code": 721931,
      "corridor_rank": 53,
      "exporter_iso3": "BEL",
      "importer_iso3": "CAN",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 2487722.7933754213,
      "exports_all_year_avg_usd": 2082714.4017302452,
      "exports_avg_3y_usd": 2833510.0445978567,
      "exports_avg_5y_usd": 2270358.4565096255,
      "exports_avg_10y_usd": 2185577.2858459763,
      "exports_cagr_3y_pct": 13.776587118218874,
      "exports_cagr_5y_pct": 5.915127362050665,
      "exports_cagr_10y_pct": -1.6245374848167904,
      "exports_historical_peak_usd": 5276694.6989610195,
      "buyer_imports_latest_observed_usd": 11743991.690781023,
      "historical_peak_year": 2007,
      "positive_growth_year_share_pct": 48,
      "trend_acceleration_pct": 15.401124603035665,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -11.211,
      "buyer_yoy_all_avg_pct": 13.026,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 21.182940680452557,
      "market_share_change_1y_pp": -2.2415031249368944,
      "peer_best_share_pct": 47.719145754463746,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 15,
      "buyer_market_hhi": 3079.05,
      "distance_km": 6031.53369140625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.07329710050202023,
      "tariff_advantage_pp": 0.07145157520060609,
      "volatility_cv": 0.6347730536768265,
      "max_drawdown_pct": 82.08509055885852,
      "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"
    },
    {
      "hs_code": 721931,
      "corridor_rank": 60,
      "exporter_iso3": "BEL",
      "importer_iso3": "CZE",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 2199378.4153043344,
      "exports_all_year_avg_usd": 1151916.383622884,
      "exports_avg_3y_usd": 2522188.5437882305,
      "exports_avg_5y_usd": 2331815.9957762714,
      "exports_avg_10y_usd": 2152153.641108735,
      "exports_cagr_3y_pct": -6.49610695755255,
      "exports_cagr_5y_pct": 0.6556765059193115,
      "exports_cagr_10y_pct": 9.791695096211406,
      "exports_historical_peak_usd": 3687452.7150309673,
      "buyer_imports_latest_observed_usd": 14228115.356394934,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 52,
      "trend_acceleration_pct": -16.287802053763954,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": 27.2154,
      "buyer_yoy_all_avg_pct": 14.8343,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 15.457974300973088,
      "market_share_change_1y_pp": 0.439255566631056,
      "peer_best_share_pct": 23.231064782307513,
      "peer_top_exporter": "FIN",
      "supplier_count_latest": 23,
      "buyer_market_hhi": 1417.36,
      "distance_km": 718.4292602539062,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.026038070801587307,
      "tariff_advantage_pp": 0.026038070801587307,
      "volatility_cv": 0.8314593657354573,
      "max_drawdown_pct": 69.97717452332225,
      "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"
    },
    {
      "hs_code": 721931,
      "corridor_rank": 69,
      "exporter_iso3": "BEL",
      "importer_iso3": "CHE",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 1589798.5447418059,
      "exports_all_year_avg_usd": 904848.8837735642,
      "exports_avg_3y_usd": 1395748.7917865578,
      "exports_avg_5y_usd": 1483441.964415163,
      "exports_avg_10y_usd": 1314356.2818189461,
      "exports_cagr_3y_pct": -11.616414242247364,
      "exports_cagr_5y_pct": 7.305414622916784,
      "exports_cagr_10y_pct": 20.861333283433893,
      "exports_historical_peak_usd": 2302646.358030009,
      "buyer_imports_latest_observed_usd": 12158302.792524995,
      "historical_peak_year": 2021,
      "positive_growth_year_share_pct": 56,
      "trend_acceleration_pct": -32.47774752568126,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -15.1199,
      "buyer_yoy_all_avg_pct": 6.9722,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 13.075826222383805,
      "market_share_change_1y_pp": 5.458244845542844,
      "peer_best_share_pct": 22.610557017768247,
      "peer_top_exporter": "FIN",
      "supplier_count_latest": 20,
      "buyer_market_hhi": 1437.05,
      "distance_km": 487.4554748535156,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.012764303815058584,
      "tariff_advantage_pp": -0.020929647224547474,
      "volatility_cv": 0.6098530573347929,
      "max_drawdown_pct": 93.07479780029418,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 721931,
      "corridor_rank": 72,
      "exporter_iso3": "BEL",
      "importer_iso3": "GBR",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 1370323.1649388997,
      "exports_all_year_avg_usd": 2910111.6525873896,
      "exports_avg_3y_usd": 1415757.260599917,
      "exports_avg_5y_usd": 1224900.379891016,
      "exports_avg_10y_usd": 1650395.8791793275,
      "exports_cagr_3y_pct": 1.5934869981456101,
      "exports_cagr_5y_pct": 4.82736419231391,
      "exports_cagr_10y_pct": -11.664199935100694,
      "exports_historical_peak_usd": 5676863.528135413,
      "buyer_imports_latest_observed_usd": 10867456.884002693,
      "historical_peak_year": 1999,
      "positive_growth_year_share_pct": 40,
      "trend_acceleration_pct": 13.257686933246305,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": 12.4084,
      "buyer_yoy_all_avg_pct": 10.1191,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 12.609418924459384,
      "market_share_change_1y_pp": 3.479738834741646,
      "peer_best_share_pct": 43.22975680349248,
      "peer_top_exporter": "FIN",
      "supplier_count_latest": 23,
      "buyer_market_hhi": 2403.5,
      "distance_km": 323.77960205078125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.520211868892215,
      "max_drawdown_pct": 89.95253015459025,
      "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": 721931,
      "corridor_rank": 76,
      "exporter_iso3": "BEL",
      "importer_iso3": "KOR",
      "latest_data_year": 2024,
      "lane_data_years": 22,
      "exports_latest_observed_usd": 1251038.2739650244,
      "exports_all_year_avg_usd": 1764775.0140223615,
      "exports_avg_3y_usd": 3078070.5582909524,
      "exports_avg_5y_usd": 3160045.3155034045,
      "exports_avg_10y_usd": 2460995.2117818412,
      "exports_cagr_3y_pct": -14.2221124549343,
      "exports_cagr_5y_pct": -26.61859441213049,
      "exports_cagr_10y_pct": -7.452897578354034,
      "exports_historical_peak_usd": 5879500.958738661,
      "buyer_imports_latest_observed_usd": 11710039.298343362,
      "historical_peak_year": 2019,
      "positive_growth_year_share_pct": 47.61904761904762,
      "trend_acceleration_pct": -6.769214876580265,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -21.0601,
      "buyer_yoy_all_avg_pct": 31.9065,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 10.683467767200497,
      "market_share_change_1y_pp": -28.358266098452034,
      "peer_best_share_pct": 56.07693864201914,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 14,
      "buyer_market_hhi": 3659.76,
      "distance_km": 8722.1142578125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.13695644286262626,
      "tariff_advantage_pp": 0.11067370517943839,
      "volatility_cv": 1.0831982188489038,
      "max_drawdown_pct": 86.5762746487009,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 721931,
      "corridor_rank": 96,
      "exporter_iso3": "BEL",
      "importer_iso3": "TUR",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 939223.040656219,
      "exports_all_year_avg_usd": 3875703.954166566,
      "exports_avg_3y_usd": 1437935.389268385,
      "exports_avg_5y_usd": 1922562.5128073879,
      "exports_avg_10y_usd": 3440309.2417328856,
      "exports_cagr_3y_pct": -26.999083319315396,
      "exports_cagr_5y_pct": -26.67372184920597,
      "exports_cagr_10y_pct": -21.2564330116941,
      "exports_historical_peak_usd": 10247499.335695256,
      "buyer_imports_latest_observed_usd": 17673176.661558732,
      "historical_peak_year": 2014,
      "positive_growth_year_share_pct": 52,
      "trend_acceleration_pct": -5.742650307621297,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -14.9197,
      "buyer_yoy_all_avg_pct": 11.6188,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 5.314398529717303,
      "market_share_change_1y_pp": -0.44838073502322473,
      "peer_best_share_pct": 52.31467426559342,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 17,
      "buyer_market_hhi": 3355.59,
      "distance_km": 2179.3916015625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.07943356052620203,
      "tariff_advantage_pp": 0.07065853177226666,
      "volatility_cv": 0.6901805119709337,
      "max_drawdown_pct": 90.83461232942354,
      "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": 721931,
    "num_markets": 89,
    "highest_price_importer_iso3": "COD",
    "highest_price_usd_per_ton": 97000,
    "lowest_price_importer_iso3": "AGO",
    "lowest_price_usd_per_ton": 581.0810810810812,
    "median_price_across_markets": 3121.214380825566,
    "price_spread_pct": 3089.147593040884,
    "avg_quantity_metric_tons": 591.570603125,
    "total_trade_value_usd": 629520262
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 116540001.87236948,
      "active_destinations": 62,
      "yoy_growth_pct": 68.15273333358918
    },
    {
      "year": 2011,
      "export_value_usd": 164717431.7836609,
      "active_destinations": 66,
      "yoy_growth_pct": 41.339822496359346
    },
    {
      "year": 2012,
      "export_value_usd": 133985645.66874714,
      "active_destinations": 70,
      "yoy_growth_pct": -18.65727614990788
    },
    {
      "year": 2013,
      "export_value_usd": 128478046.746786,
      "active_destinations": 73,
      "yoy_growth_pct": -4.110588783202632
    },
    {
      "year": 2014,
      "export_value_usd": 149533455.20339355,
      "active_destinations": 70,
      "yoy_growth_pct": 16.388331695379136
    },
    {
      "year": 2015,
      "export_value_usd": 102988941.22190343,
      "active_destinations": 69,
      "yoy_growth_pct": -31.126488663142876
    },
    {
      "year": 2016,
      "export_value_usd": 96141179.9457059,
      "active_destinations": 70,
      "yoy_growth_pct": -6.6490258031132745
    },
    {
      "year": 2017,
      "export_value_usd": 121466152.33537138,
      "active_destinations": 72,
      "yoy_growth_pct": 26.341441205493126
    },
    {
      "year": 2018,
      "export_value_usd": 132051154.35191885,
      "active_destinations": 71,
      "yoy_growth_pct": 8.714363477425374
    },
    {
      "year": 2019,
      "export_value_usd": 125824394.35258558,
      "active_destinations": 74,
      "yoy_growth_pct": -4.715415044944498
    },
    {
      "year": 2020,
      "export_value_usd": 105843463.0376082,
      "active_destinations": 69,
      "yoy_growth_pct": -15.880013901745269
    },
    {
      "year": 2021,
      "export_value_usd": 160237932.6313278,
      "active_destinations": 62,
      "yoy_growth_pct": 51.39143035634823
    },
    {
      "year": 2022,
      "export_value_usd": 197212666.527601,
      "active_destinations": 55,
      "yoy_growth_pct": 23.074894495390126
    },
    {
      "year": 2023,
      "export_value_usd": 157385668.42870685,
      "active_destinations": 62,
      "yoy_growth_pct": -20.194949340802175
    },
    {
      "year": 2024,
      "export_value_usd": 157851144.12779447,
      "active_destinations": 63,
      "yoy_growth_pct": 0.2957548191870295
    }
  ],
  "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
  }
}