# Belgium HS 840420 exports | Yugalinks

Explore reported HS 840420 exports from Belgium: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Belgium |
| HS6 | 840420 |
| Latest exports | $9.1M |
| Active destinations | 23 |
| Three-year growth | -0.1% |
| Destination HHI | 4,443 |
| Weighted share | 9% |

## Destination markets

- Indonesia: $1.4M; share 2%; growth +463.6%
- USA, Puerto Rico and US Virgin Islands: $28.6K; share 0.2%; growth +79.6%

## Price intelligence

- Highest reported market price: India at $21.0M / ton.
- Lowest reported market price: Namibia at $203.1 / ton.
- Median reported price: $22.8K / ton.
- Price spread: 92,021%.

## Export history

- 2010: $817.1K
- 2011: $455.8K
- 2012: $1.4M
- 2013: $1.6M
- 2014: $1.3M
- 2015: $1.3M
- 2016: $1.3M
- 2017: $713.3K
- 2018: $437.3K
- 2019: $2.2M
- 2020: $469.5K
- 2021: $637.2K
- 2022: $529.7K
- 2023: $6.4M
- 2024: $636.1K

## 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/840420",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/840420",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/840420",
    "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": "840420",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 121,
    "current_lane_count": 23,
    "active_market_count": 23,
    "exports_latest_observed_lanes_usd": 9134888.202204684,
    "exports_current_2024_usd": 636104.1436804315,
    "exports_avg_3y_usd": 2525891.129440357,
    "exports_avg_5y_usd": 1736865.1109070994,
    "exports_avg_10y_usd": 1466703.762778473,
    "exports_cagr_3y_pct": -0.05561626504216877,
    "exports_cagr_5y_pct": -22.150379556957223,
    "exports_cagr_10y_pct": -6.754522979632471,
    "exports_all_year_lane_avg_usd": 5899431.517260939,
    "exports_historical_lane_peak_usd": 22930910.02845421,
    "historical_peak_year": 2008,
    "positive_growth_year_share_pct": 44,
    "trend_acceleration_pct": 6.6989067145903025,
    "trend_label": "Stable",
    "top_market_iso3": "MEX",
    "top_market_exports_usd": 5888265.261866005,
    "top_market_share_pct": 64.45908402518693,
    "destination_hhi": 4442.6360803948155,
    "weighted_share_latest_pct": 8.960259622394375,
    "weighted_share_change_1y_pp": 7.686450691351412,
    "weighted_volatility_cv": 1.3684969963397042,
    "weighted_max_drawdown_pct": 91.35822928116376,
    "limited_history_lane_share_pct": 61.15702479338843,
    "data_freshness_years": 0,
    "coverage_score": 81.5,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 840420,
      "hs_description": "Boilers: condensers, for steam or other vapour power units",
      "hs_chapter": 84,
      "hs_heading": 8404,
      "substitution_elasticity": -9.70998,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Boilers: condensers, for steam or other vapour power units",
    "hs_chapter": 84,
    "hs_heading": 8404,
    "destinations": [
      {
        "hs_code": 840420,
        "corridor_rank": 14,
        "exporter_iso3": "BEL",
        "importer_iso3": "IDN",
        "latest_data_year": 2019,
        "lane_data_years": 4,
        "exports_latest_observed_usd": 1431472.3720100427,
        "exports_all_year_avg_usd": 583503.9863713613,
        "exports_avg_3y_usd": 1431472.3720100427,
        "exports_avg_5y_usd": 1431472.3720100427,
        "exports_avg_10y_usd": 1431472.3720100427,
        "exports_cagr_3y_pct": 463.6123310054045,
        "exports_cagr_5y_pct": 182.22032766827851,
        "exports_cagr_10y_pct": 67.99414503734305,
        "exports_historical_peak_usd": 1431472.3720100427,
        "buyer_imports_latest_observed_usd": 21902581.91233125,
        "historical_peak_year": 2019,
        "positive_growth_year_share_pct": 66.66666666666667,
        "trend_acceleration_pct": 395.6181859680614,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -64.9285,
        "buyer_yoy_all_avg_pct": 45.0953,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 1.9739205088322005,
        "market_share_change_1y_pp": 1.9020643507933346,
        "peer_best_share_pct": 73.08444986931593,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 20,
        "buyer_market_hhi": 5530.98,
        "distance_km": 11416.2841796875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.17946165427272728,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.0430705993819072,
        "max_drawdown_pct": 99.63903910631086,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier','long_distance_without_fta','limited_history']",
        "signal_flag": "Stable",
        "confidence_label": "Low",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 840420,
        "corridor_rank": 62,
        "exporter_iso3": "BEL",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 11,
        "exports_latest_observed_usd": 28611.17030382045,
        "exports_all_year_avg_usd": 8346.830101739448,
        "exports_avg_3y_usd": 14886.294584323632,
        "exports_avg_5y_usd": 11571.602795136117,
        "exports_avg_10y_usd": 9030.873475687711,
        "exports_cagr_3y_pct": 79.55790893861644,
        "exports_cagr_5y_pct": 82.61830797043078,
        "exports_cagr_10y_pct": 27.509597747626223,
        "exports_historical_peak_usd": 36800.55261205284,
        "buyer_imports_latest_observed_usd": 15775966.783681342,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 50,
        "trend_acceleration_pct": 52.04831119099021,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -39.6884,
        "buyer_yoy_all_avg_pct": 23.7914,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 0.18135921998400656,
        "market_share_change_1y_pp": 0.1769795685618405,
        "peer_best_share_pct": 36.00659757473197,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 25,
        "buyer_market_hhi": 2109.2,
        "distance_km": 5891.71142578125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.0467447546369697,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.4084955893348177,
        "max_drawdown_pct": 96.84401786823594,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 840420,
      "num_markets": 51,
      "highest_price_importer_iso3": "IND",
      "highest_price_usd_per_ton": 20981000,
      "lowest_price_importer_iso3": "NAM",
      "lowest_price_usd_per_ton": 203.0848329048843,
      "median_price_across_markets": 22800,
      "price_spread_pct": 92021.03910161006,
      "avg_quantity_metric_tons": 7.260689999999999,
      "total_trade_value_usd": 14161259
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 817050.94478759,
        "active_destinations": 25,
        "yoy_growth_pct": -79.28720162755614
      },
      {
        "year": 2011,
        "export_value_usd": 455790.0466257668,
        "active_destinations": 30,
        "yoy_growth_pct": -44.215223110199176
      },
      {
        "year": 2012,
        "export_value_usd": 1388089.5041470444,
        "active_destinations": 28,
        "yoy_growth_pct": 204.54581323640792
      },
      {
        "year": 2013,
        "export_value_usd": 1574516.1954376684,
        "active_destinations": 29,
        "yoy_growth_pct": 13.430451763640397
      },
      {
        "year": 2014,
        "export_value_usd": 1280119.3852559624,
        "active_destinations": 28,
        "yoy_growth_pct": -18.697604447305956
      },
      {
        "year": 2015,
        "export_value_usd": 1339037.2083345382,
        "active_destinations": 31,
        "yoy_growth_pct": 4.602525651683264
      },
      {
        "year": 2016,
        "export_value_usd": 1268554.3666078262,
        "active_destinations": 32,
        "yoy_growth_pct": -5.263695533477878
      },
      {
        "year": 2017,
        "export_value_usd": 713255.8373624895,
        "active_destinations": 30,
        "yoy_growth_pct": -43.774121461599705
      },
      {
        "year": 2018,
        "export_value_usd": 437296.448569656,
        "active_destinations": 24,
        "yoy_growth_pct": -38.6900988869981
      },
      {
        "year": 2019,
        "export_value_usd": 2224568.212374728,
        "active_destinations": 32,
        "yoy_growth_pct": 408.70941660995027
      },
      {
        "year": 2020,
        "export_value_usd": 469485.5087927589,
        "active_destinations": 21,
        "yoy_growth_pct": -78.89543210313238
      },
      {
        "year": 2021,
        "export_value_usd": 637166.657421666,
        "active_destinations": 25,
        "yoy_growth_pct": 35.71593701796771
      },
      {
        "year": 2022,
        "export_value_usd": 529686.8108934868,
        "active_destinations": 16,
        "yoy_growth_pct": -16.868404094323285
      },
      {
        "year": 2023,
        "export_value_usd": 6411882.433747153,
        "active_destinations": 18,
        "yoy_growth_pct": 1110.5044531751612
      },
      {
        "year": 2024,
        "export_value_usd": 636104.1436804318,
        "active_destinations": 23,
        "yoy_growth_pct": -90.07929184208876
      }
    ],
    "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": "840420",
    "hs_description": "Boilers: condensers, for steam or other vapour power units",
    "hs_chapter": 84,
    "hs_heading": 8404
  },
  "destinations": [
    {
      "hs_code": 840420,
      "corridor_rank": 14,
      "exporter_iso3": "BEL",
      "importer_iso3": "IDN",
      "latest_data_year": 2019,
      "lane_data_years": 4,
      "exports_latest_observed_usd": 1431472.3720100427,
      "exports_all_year_avg_usd": 583503.9863713613,
      "exports_avg_3y_usd": 1431472.3720100427,
      "exports_avg_5y_usd": 1431472.3720100427,
      "exports_avg_10y_usd": 1431472.3720100427,
      "exports_cagr_3y_pct": 463.6123310054045,
      "exports_cagr_5y_pct": 182.22032766827851,
      "exports_cagr_10y_pct": 67.99414503734305,
      "exports_historical_peak_usd": 1431472.3720100427,
      "buyer_imports_latest_observed_usd": 21902581.91233125,
      "historical_peak_year": 2019,
      "positive_growth_year_share_pct": 66.66666666666667,
      "trend_acceleration_pct": 395.6181859680614,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -64.9285,
      "buyer_yoy_all_avg_pct": 45.0953,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 1.9739205088322005,
      "market_share_change_1y_pp": 1.9020643507933346,
      "peer_best_share_pct": 73.08444986931593,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 20,
      "buyer_market_hhi": 5530.98,
      "distance_km": 11416.2841796875,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.17946165427272728,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.0430705993819072,
      "max_drawdown_pct": 99.63903910631086,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier','long_distance_without_fta','limited_history']",
      "signal_flag": "Stable",
      "confidence_label": "Low",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 840420,
      "corridor_rank": 62,
      "exporter_iso3": "BEL",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 11,
      "exports_latest_observed_usd": 28611.17030382045,
      "exports_all_year_avg_usd": 8346.830101739448,
      "exports_avg_3y_usd": 14886.294584323632,
      "exports_avg_5y_usd": 11571.602795136117,
      "exports_avg_10y_usd": 9030.873475687711,
      "exports_cagr_3y_pct": 79.55790893861644,
      "exports_cagr_5y_pct": 82.61830797043078,
      "exports_cagr_10y_pct": 27.509597747626223,
      "exports_historical_peak_usd": 36800.55261205284,
      "buyer_imports_latest_observed_usd": 15775966.783681342,
      "historical_peak_year": 2008,
      "positive_growth_year_share_pct": 50,
      "trend_acceleration_pct": 52.04831119099021,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -39.6884,
      "buyer_yoy_all_avg_pct": 23.7914,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 0.18135921998400656,
      "market_share_change_1y_pp": 0.1769795685618405,
      "peer_best_share_pct": 36.00659757473197,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 25,
      "buyer_market_hhi": 2109.2,
      "distance_km": 5891.71142578125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.0467447546369697,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.4084955893348177,
      "max_drawdown_pct": 96.84401786823594,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 840420,
    "num_markets": 51,
    "highest_price_importer_iso3": "IND",
    "highest_price_usd_per_ton": 20981000,
    "lowest_price_importer_iso3": "NAM",
    "lowest_price_usd_per_ton": 203.0848329048843,
    "median_price_across_markets": 22800,
    "price_spread_pct": 92021.03910161006,
    "avg_quantity_metric_tons": 7.260689999999999,
    "total_trade_value_usd": 14161259
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 817050.94478759,
      "active_destinations": 25,
      "yoy_growth_pct": -79.28720162755614
    },
    {
      "year": 2011,
      "export_value_usd": 455790.0466257668,
      "active_destinations": 30,
      "yoy_growth_pct": -44.215223110199176
    },
    {
      "year": 2012,
      "export_value_usd": 1388089.5041470444,
      "active_destinations": 28,
      "yoy_growth_pct": 204.54581323640792
    },
    {
      "year": 2013,
      "export_value_usd": 1574516.1954376684,
      "active_destinations": 29,
      "yoy_growth_pct": 13.430451763640397
    },
    {
      "year": 2014,
      "export_value_usd": 1280119.3852559624,
      "active_destinations": 28,
      "yoy_growth_pct": -18.697604447305956
    },
    {
      "year": 2015,
      "export_value_usd": 1339037.2083345382,
      "active_destinations": 31,
      "yoy_growth_pct": 4.602525651683264
    },
    {
      "year": 2016,
      "export_value_usd": 1268554.3666078262,
      "active_destinations": 32,
      "yoy_growth_pct": -5.263695533477878
    },
    {
      "year": 2017,
      "export_value_usd": 713255.8373624895,
      "active_destinations": 30,
      "yoy_growth_pct": -43.774121461599705
    },
    {
      "year": 2018,
      "export_value_usd": 437296.448569656,
      "active_destinations": 24,
      "yoy_growth_pct": -38.6900988869981
    },
    {
      "year": 2019,
      "export_value_usd": 2224568.212374728,
      "active_destinations": 32,
      "yoy_growth_pct": 408.70941660995027
    },
    {
      "year": 2020,
      "export_value_usd": 469485.5087927589,
      "active_destinations": 21,
      "yoy_growth_pct": -78.89543210313238
    },
    {
      "year": 2021,
      "export_value_usd": 637166.657421666,
      "active_destinations": 25,
      "yoy_growth_pct": 35.71593701796771
    },
    {
      "year": 2022,
      "export_value_usd": 529686.8108934868,
      "active_destinations": 16,
      "yoy_growth_pct": -16.868404094323285
    },
    {
      "year": 2023,
      "export_value_usd": 6411882.433747153,
      "active_destinations": 18,
      "yoy_growth_pct": 1110.5044531751612
    },
    {
      "year": 2024,
      "export_value_usd": 636104.1436804318,
      "active_destinations": 23,
      "yoy_growth_pct": -90.07929184208876
    }
  ],
  "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
  }
}
```