{
  "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/840211",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/840211",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/840211",
    "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": "840211",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 107,
    "current_lane_count": 10,
    "active_market_count": 10,
    "exports_latest_observed_lanes_usd": 9746003.386561187,
    "exports_current_2024_usd": 3512962.275491389,
    "exports_avg_3y_usd": 2588104.527684916,
    "exports_avg_5y_usd": 2631588.2023940277,
    "exports_avg_10y_usd": 3152280.562614198,
    "exports_cagr_3y_pct": 131.98689334064665,
    "exports_cagr_5y_pct": -17.934532366870126,
    "exports_cagr_10y_pct": 1.7835611465691459,
    "exports_all_year_lane_avg_usd": 13365350.831849162,
    "exports_historical_lane_peak_usd": 51000326.902224034,
    "historical_peak_year": 2019,
    "positive_growth_year_share_pct": 44,
    "trend_acceleration_pct": 130.2033321940775,
    "trend_label": "Rapid growth",
    "top_market_iso3": "SGP",
    "top_market_exports_usd": 3455689.6145171663,
    "top_market_share_pct": 35.45750475812715,
    "destination_hhi": 1865.3826836093976,
    "weighted_share_latest_pct": 14.627767066488255,
    "weighted_share_change_1y_pp": 4.046681921359268,
    "weighted_volatility_cv": 1.245854101436084,
    "weighted_max_drawdown_pct": 75.02768294017962,
    "limited_history_lane_share_pct": 72.89719626168224,
    "data_freshness_years": 0,
    "coverage_score": 75,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 840211,
      "hs_description": "Boilers: watertube boilers with a steam production exceeding 45t per hour",
      "hs_chapter": 84,
      "hs_heading": 8402,
      "substitution_elasticity": -7.8924055,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Boilers: watertube boilers with a steam production exceeding 45t per hour",
    "hs_chapter": 84,
    "hs_heading": 8402,
    "destinations": [
      {
        "hs_code": 840211,
        "corridor_rank": 22,
        "exporter_iso3": "BEL",
        "importer_iso3": "SGP",
        "latest_data_year": 2024,
        "lane_data_years": 5,
        "exports_latest_observed_usd": 3455689.6145171663,
        "exports_all_year_avg_usd": 1035720.8490176459,
        "exports_avg_3y_usd": 3455689.6145171663,
        "exports_avg_5y_usd": 3455689.6145171663,
        "exports_avg_10y_usd": 3455689.6145171663,
        "exports_cagr_3y_pct": 1425.0239825751396,
        "exports_cagr_5y_pct": 412.821239542431,
        "exports_cagr_10y_pct": 126.45556728471723,
        "exports_historical_peak_usd": 3455689.6145171663,
        "buyer_imports_latest_observed_usd": 42560022.90980441,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 75,
        "trend_acceleration_pct": 1298.5684152904223,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 77.9938,
        "buyer_yoy_all_avg_pct": 671.5279,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 8.119567091964818,
        "market_share_change_1y_pp": 8.0342067385626,
        "peer_best_share_pct": 49.98251474172836,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 18,
        "buyer_market_hhi": 3421.36,
        "distance_km": 10571.4658203125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.0035649841120444442,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.2276025497738943,
        "max_drawdown_pct": 99.9059250305912,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
        "signal_flag": "Accelerating",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 840211,
        "corridor_rank": 77,
        "exporter_iso3": "BEL",
        "importer_iso3": "TUR",
        "latest_data_year": 2023,
        "lane_data_years": 6,
        "exports_latest_observed_usd": 164798.7185269605,
        "exports_all_year_avg_usd": 70779.32997839256,
        "exports_avg_3y_usd": 164798.7185269605,
        "exports_avg_5y_usd": 164798.7185269605,
        "exports_avg_10y_usd": 83003.36214209671,
        "exports_cagr_3y_pct": 414.7878348864559,
        "exports_cagr_5y_pct": 167.2864637527279,
        "exports_cagr_10y_pct": 68.68464730984454,
        "exports_historical_peak_usd": 215697.8699723743,
        "buyer_imports_latest_observed_usd": 18100887.100383155,
        "historical_peak_year": 1999,
        "positive_growth_year_share_pct": 60,
        "trend_acceleration_pct": 346.1031875766114,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -2.541,
        "buyer_yoy_all_avg_pct": 228.0292,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 0.8873109320828609,
        "market_share_change_1y_pp": 0.8840684781819347,
        "peer_best_share_pct": 58.90591293374665,
        "peer_top_exporter": "VNM",
        "supplier_count_latest": 18,
        "buyer_market_hhi": 3957.21,
        "distance_km": 2179.3916015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.07943356052620203,
        "tariff_advantage_pp": 0.07065853177226666,
        "volatility_cv": 1.219994878262471,
        "max_drawdown_pct": 99.59040711926245,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Stable",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 840211,
      "num_markets": 33,
      "highest_price_importer_iso3": "ISR",
      "highest_price_usd_per_ton": 959500,
      "lowest_price_importer_iso3": "CMR",
      "lowest_price_usd_per_ton": 640,
      "median_price_across_markets": 30066.666666666668,
      "price_spread_pct": 3189.113082039911,
      "avg_quantity_metric_tons": 22.207379999999997,
      "total_trade_value_usd": 24364409
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 502128.5338837323,
        "active_destinations": 11,
        "yoy_growth_pct": -91.00329514335424
      },
      {
        "year": 2011,
        "export_value_usd": 239659.14520368815,
        "active_destinations": 14,
        "yoy_growth_pct": -52.27135503532624
      },
      {
        "year": 2012,
        "export_value_usd": 5940374.62279226,
        "active_destinations": 17,
        "yoy_growth_pct": 2378.676379214943
      },
      {
        "year": 2013,
        "export_value_usd": 3275700.8885101955,
        "active_destinations": 12,
        "yoy_growth_pct": -44.85699814382313
      },
      {
        "year": 2014,
        "export_value_usd": 2943723.870270153,
        "active_destinations": 12,
        "yoy_growth_pct": -10.134533937591208
      },
      {
        "year": 2015,
        "export_value_usd": 1901997.9169769175,
        "active_destinations": 10,
        "yoy_growth_pct": -35.3880322748354
      },
      {
        "year": 2016,
        "export_value_usd": 3259534.9608182134,
        "active_destinations": 13,
        "yoy_growth_pct": 71.37426554067939
      },
      {
        "year": 2017,
        "export_value_usd": 3505854.236312219,
        "active_destinations": 15,
        "yoy_growth_pct": 7.556883986670727
      },
      {
        "year": 2018,
        "export_value_usd": 259667.2128250496,
        "active_destinations": 9,
        "yoy_growth_pct": -92.5933254687111
      },
      {
        "year": 2019,
        "export_value_usd": 9437810.287239442,
        "active_destinations": 13,
        "yoy_growth_pct": 3534.579115538223
      },
      {
        "year": 2020,
        "export_value_usd": 5112253.9638531245,
        "active_destinations": 13,
        "yoy_growth_pct": -45.83220251030858
      },
      {
        "year": 2021,
        "export_value_usd": 281373.4650622661,
        "active_destinations": 7,
        "yoy_growth_pct": -94.49609766940854
      },
      {
        "year": 2022,
        "export_value_usd": 1950847.944280194,
        "active_destinations": 11,
        "yoy_growth_pct": 593.3304616512023
      },
      {
        "year": 2023,
        "export_value_usd": 2300503.363283165,
        "active_destinations": 12,
        "yoy_growth_pct": 17.92325332315859
      },
      {
        "year": 2024,
        "export_value_usd": 3512962.275491389,
        "active_destinations": 10,
        "yoy_growth_pct": 52.70407040300357
      }
    ],
    "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": "840211",
    "hs_description": "Boilers: watertube boilers with a steam production exceeding 45t per hour",
    "hs_chapter": 84,
    "hs_heading": 8402
  },
  "destinations": [
    {
      "hs_code": 840211,
      "corridor_rank": 22,
      "exporter_iso3": "BEL",
      "importer_iso3": "SGP",
      "latest_data_year": 2024,
      "lane_data_years": 5,
      "exports_latest_observed_usd": 3455689.6145171663,
      "exports_all_year_avg_usd": 1035720.8490176459,
      "exports_avg_3y_usd": 3455689.6145171663,
      "exports_avg_5y_usd": 3455689.6145171663,
      "exports_avg_10y_usd": 3455689.6145171663,
      "exports_cagr_3y_pct": 1425.0239825751396,
      "exports_cagr_5y_pct": 412.821239542431,
      "exports_cagr_10y_pct": 126.45556728471723,
      "exports_historical_peak_usd": 3455689.6145171663,
      "buyer_imports_latest_observed_usd": 42560022.90980441,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 75,
      "trend_acceleration_pct": 1298.5684152904223,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 77.9938,
      "buyer_yoy_all_avg_pct": 671.5279,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 8.119567091964818,
      "market_share_change_1y_pp": 8.0342067385626,
      "peer_best_share_pct": 49.98251474172836,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 18,
      "buyer_market_hhi": 3421.36,
      "distance_km": 10571.4658203125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.0035649841120444442,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.2276025497738943,
      "max_drawdown_pct": 99.9059250305912,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
      "signal_flag": "Accelerating",
      "confidence_label": "Medium",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 840211,
      "corridor_rank": 77,
      "exporter_iso3": "BEL",
      "importer_iso3": "TUR",
      "latest_data_year": 2023,
      "lane_data_years": 6,
      "exports_latest_observed_usd": 164798.7185269605,
      "exports_all_year_avg_usd": 70779.32997839256,
      "exports_avg_3y_usd": 164798.7185269605,
      "exports_avg_5y_usd": 164798.7185269605,
      "exports_avg_10y_usd": 83003.36214209671,
      "exports_cagr_3y_pct": 414.7878348864559,
      "exports_cagr_5y_pct": 167.2864637527279,
      "exports_cagr_10y_pct": 68.68464730984454,
      "exports_historical_peak_usd": 215697.8699723743,
      "buyer_imports_latest_observed_usd": 18100887.100383155,
      "historical_peak_year": 1999,
      "positive_growth_year_share_pct": 60,
      "trend_acceleration_pct": 346.1031875766114,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -2.541,
      "buyer_yoy_all_avg_pct": 228.0292,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 0.8873109320828609,
      "market_share_change_1y_pp": 0.8840684781819347,
      "peer_best_share_pct": 58.90591293374665,
      "peer_top_exporter": "VNM",
      "supplier_count_latest": 18,
      "buyer_market_hhi": 3957.21,
      "distance_km": 2179.3916015625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.07943356052620203,
      "tariff_advantage_pp": 0.07065853177226666,
      "volatility_cv": 1.219994878262471,
      "max_drawdown_pct": 99.59040711926245,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Stable",
      "confidence_label": "Medium",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 840211,
    "num_markets": 33,
    "highest_price_importer_iso3": "ISR",
    "highest_price_usd_per_ton": 959500,
    "lowest_price_importer_iso3": "CMR",
    "lowest_price_usd_per_ton": 640,
    "median_price_across_markets": 30066.666666666668,
    "price_spread_pct": 3189.113082039911,
    "avg_quantity_metric_tons": 22.207379999999997,
    "total_trade_value_usd": 24364409
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 502128.5338837323,
      "active_destinations": 11,
      "yoy_growth_pct": -91.00329514335424
    },
    {
      "year": 2011,
      "export_value_usd": 239659.14520368815,
      "active_destinations": 14,
      "yoy_growth_pct": -52.27135503532624
    },
    {
      "year": 2012,
      "export_value_usd": 5940374.62279226,
      "active_destinations": 17,
      "yoy_growth_pct": 2378.676379214943
    },
    {
      "year": 2013,
      "export_value_usd": 3275700.8885101955,
      "active_destinations": 12,
      "yoy_growth_pct": -44.85699814382313
    },
    {
      "year": 2014,
      "export_value_usd": 2943723.870270153,
      "active_destinations": 12,
      "yoy_growth_pct": -10.134533937591208
    },
    {
      "year": 2015,
      "export_value_usd": 1901997.9169769175,
      "active_destinations": 10,
      "yoy_growth_pct": -35.3880322748354
    },
    {
      "year": 2016,
      "export_value_usd": 3259534.9608182134,
      "active_destinations": 13,
      "yoy_growth_pct": 71.37426554067939
    },
    {
      "year": 2017,
      "export_value_usd": 3505854.236312219,
      "active_destinations": 15,
      "yoy_growth_pct": 7.556883986670727
    },
    {
      "year": 2018,
      "export_value_usd": 259667.2128250496,
      "active_destinations": 9,
      "yoy_growth_pct": -92.5933254687111
    },
    {
      "year": 2019,
      "export_value_usd": 9437810.287239442,
      "active_destinations": 13,
      "yoy_growth_pct": 3534.579115538223
    },
    {
      "year": 2020,
      "export_value_usd": 5112253.9638531245,
      "active_destinations": 13,
      "yoy_growth_pct": -45.83220251030858
    },
    {
      "year": 2021,
      "export_value_usd": 281373.4650622661,
      "active_destinations": 7,
      "yoy_growth_pct": -94.49609766940854
    },
    {
      "year": 2022,
      "export_value_usd": 1950847.944280194,
      "active_destinations": 11,
      "yoy_growth_pct": 593.3304616512023
    },
    {
      "year": 2023,
      "export_value_usd": 2300503.363283165,
      "active_destinations": 12,
      "yoy_growth_pct": 17.92325332315859
    },
    {
      "year": 2024,
      "export_value_usd": 3512962.275491389,
      "active_destinations": 10,
      "yoy_growth_pct": 52.70407040300357
    }
  ],
  "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
  }
}