{
  "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/840682",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/840682",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/840682",
    "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": "840682",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 97,
    "current_lane_count": 3,
    "active_market_count": 3,
    "exports_latest_observed_lanes_usd": 26798988.617253188,
    "exports_current_2024_usd": 944049.0969267684,
    "exports_avg_3y_usd": 532457.6113935354,
    "exports_avg_5y_usd": 809357.4487797486,
    "exports_avg_10y_usd": 1896101.2140857577,
    "exports_cagr_3y_pct": 13.525954212938807,
    "exports_cagr_5y_pct": -41.64646289505157,
    "exports_cagr_10y_pct": -8.881494732427797,
    "exports_all_year_lane_avg_usd": 19520520.0163354,
    "exports_historical_lane_peak_usd": 50939408.13633478,
    "historical_peak_year": 2019,
    "positive_growth_year_share_pct": 56,
    "trend_acceleration_pct": 22.407448945366603,
    "trend_label": "Rapid growth",
    "top_market_iso3": "PHL",
    "top_market_exports_usd": 13885411.509703683,
    "top_market_share_pct": 51.81319231116153,
    "destination_hhi": 2912.8432042136455,
    "weighted_share_latest_pct": 31.065672354138368,
    "weighted_share_change_1y_pp": 26.59057224326006,
    "weighted_volatility_cv": 1.150584460244557,
    "weighted_max_drawdown_pct": 25.28142354707065,
    "limited_history_lane_share_pct": 75.25773195876289,
    "data_freshness_years": 0,
    "coverage_score": 71.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 840682,
      "hs_description": "Turbines: steam and other vapour turbines, (for other than marine propulsion), of an output not exceeding 40MW",
      "hs_chapter": 84,
      "hs_heading": 8406,
      "substitution_elasticity": -16.651688,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Turbines: steam and other vapour turbines, (for other than marine propulsion), of an output not exceeding 40MW",
    "hs_chapter": 84,
    "hs_heading": 8406,
    "destinations": [
      {
        "hs_code": 840682,
        "corridor_rank": 6,
        "exporter_iso3": "BEL",
        "importer_iso3": "PHL",
        "latest_data_year": 2019,
        "lane_data_years": 2,
        "exports_latest_observed_usd": 13885411.509703683,
        "exports_all_year_avg_usd": 7149667.283962257,
        "exports_avg_3y_usd": 7149667.283962257,
        "exports_avg_5y_usd": 7149667.283962257,
        "exports_avg_10y_usd": 7149667.283962257,
        "exports_cagr_3y_pct": null,
        "exports_cagr_5y_pct": null,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 13885411.509703683,
        "buyer_imports_latest_observed_usd": 10849979.568680119,
        "historical_peak_year": 2019,
        "positive_growth_year_share_pct": 100,
        "trend_acceleration_pct": null,
        "trend_label": "Insufficient history",
        "buyer_yoy_latest_pct": 121.2012,
        "buyer_yoy_all_avg_pct": 170.7814,
        "buyer_trend_consistency_pct": 41.3793,
        "market_share_latest_pct": 33.43507361335086,
        "market_share_change_1y_pp": 29.632366383017317,
        "peer_best_share_pct": 47.059455507693286,
        "peer_top_exporter": "JPN",
        "supplier_count_latest": 9,
        "buyer_market_hhi": 3298.28,
        "distance_km": 10515.80078125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.19392619136161618,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.9421059691617647,
        "max_drawdown_pct": 0,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','long_distance_without_fta','limited_history']",
        "signal_flag": "Accelerating",
        "confidence_label": "Low",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 840682,
      "num_markets": 16,
      "highest_price_importer_iso3": "NLD",
      "highest_price_usd_per_ton": 2470600,
      "lowest_price_importer_iso3": "PAK",
      "lowest_price_usd_per_ton": 2871.898776050281,
      "median_price_across_markets": 50333.333333333336,
      "price_spread_pct": 4902.771062034337,
      "avg_quantity_metric_tons": 20.370799999999996,
      "total_trade_value_usd": 18219019
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 886136.3557439717,
        "active_destinations": 7,
        "yoy_growth_pct": -85.58199097101046
      },
      {
        "year": 2011,
        "export_value_usd": 629655.5738288625,
        "active_destinations": 4,
        "yoy_growth_pct": -28.943715067392322
      },
      {
        "year": 2012,
        "export_value_usd": 2661414.5535094934,
        "active_destinations": 15,
        "yoy_growth_pct": 322.67783596764497
      },
      {
        "year": 2013,
        "export_value_usd": 235891.71629737684,
        "active_destinations": 12,
        "yoy_growth_pct": -91.13660380393138
      },
      {
        "year": 2014,
        "export_value_usd": 2392922.937481398,
        "active_destinations": 7,
        "yoy_growth_pct": 914.4158408957271
      },
      {
        "year": 2015,
        "export_value_usd": 21847.533503935723,
        "active_destinations": 4,
        "yoy_growth_pct": -99.08699385334445
      },
      {
        "year": 2016,
        "export_value_usd": 74671.31660407013,
        "active_destinations": 6,
        "yoy_growth_pct": 241.78373769569217
      },
      {
        "year": 2017,
        "export_value_usd": 521034.81287703465,
        "active_destinations": 7,
        "yoy_growth_pct": 597.7710271799793
      },
      {
        "year": 2018,
        "export_value_usd": 343958.5512598886,
        "active_destinations": 6,
        "yoy_growth_pct": -33.985495256904535
      },
      {
        "year": 2019,
        "export_value_usd": 13952712.682713911,
        "active_destinations": 4,
        "yoy_growth_pct": 3956.509899697625
      },
      {
        "year": 2020,
        "export_value_usd": 1804192.5117854564,
        "active_destinations": 5,
        "yoy_growth_pct": -87.06923483043781
      },
      {
        "year": 2021,
        "export_value_usd": 645221.8979326802,
        "active_destinations": 4,
        "yoy_growth_pct": -64.23763574463798
      },
      {
        "year": 2022,
        "export_value_usd": 541606.9535664347,
        "active_destinations": 8,
        "yoy_growth_pct": -16.058807783528806
      },
      {
        "year": 2023,
        "export_value_usd": 111716.78368740334,
        "active_destinations": 3,
        "yoy_growth_pct": -79.37308910977637
      },
      {
        "year": 2024,
        "export_value_usd": 944049.0969267683,
        "active_destinations": 3,
        "yoy_growth_pct": 745.0378410179875
      }
    ],
    "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": "840682",
    "hs_description": "Turbines: steam and other vapour turbines, (for other than marine propulsion), of an output not exceeding 40MW",
    "hs_chapter": 84,
    "hs_heading": 8406
  },
  "destinations": [
    {
      "hs_code": 840682,
      "corridor_rank": 6,
      "exporter_iso3": "BEL",
      "importer_iso3": "PHL",
      "latest_data_year": 2019,
      "lane_data_years": 2,
      "exports_latest_observed_usd": 13885411.509703683,
      "exports_all_year_avg_usd": 7149667.283962257,
      "exports_avg_3y_usd": 7149667.283962257,
      "exports_avg_5y_usd": 7149667.283962257,
      "exports_avg_10y_usd": 7149667.283962257,
      "exports_cagr_3y_pct": null,
      "exports_cagr_5y_pct": null,
      "exports_cagr_10y_pct": null,
      "exports_historical_peak_usd": 13885411.509703683,
      "buyer_imports_latest_observed_usd": 10849979.568680119,
      "historical_peak_year": 2019,
      "positive_growth_year_share_pct": 100,
      "trend_acceleration_pct": null,
      "trend_label": "Insufficient history",
      "buyer_yoy_latest_pct": 121.2012,
      "buyer_yoy_all_avg_pct": 170.7814,
      "buyer_trend_consistency_pct": 41.3793,
      "market_share_latest_pct": 33.43507361335086,
      "market_share_change_1y_pp": 29.632366383017317,
      "peer_best_share_pct": 47.059455507693286,
      "peer_top_exporter": "JPN",
      "supplier_count_latest": 9,
      "buyer_market_hhi": 3298.28,
      "distance_km": 10515.80078125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.19392619136161618,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.9421059691617647,
      "max_drawdown_pct": 0,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market','long_distance_without_fta','limited_history']",
      "signal_flag": "Accelerating",
      "confidence_label": "Low",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 840682,
    "num_markets": 16,
    "highest_price_importer_iso3": "NLD",
    "highest_price_usd_per_ton": 2470600,
    "lowest_price_importer_iso3": "PAK",
    "lowest_price_usd_per_ton": 2871.898776050281,
    "median_price_across_markets": 50333.333333333336,
    "price_spread_pct": 4902.771062034337,
    "avg_quantity_metric_tons": 20.370799999999996,
    "total_trade_value_usd": 18219019
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 886136.3557439717,
      "active_destinations": 7,
      "yoy_growth_pct": -85.58199097101046
    },
    {
      "year": 2011,
      "export_value_usd": 629655.5738288625,
      "active_destinations": 4,
      "yoy_growth_pct": -28.943715067392322
    },
    {
      "year": 2012,
      "export_value_usd": 2661414.5535094934,
      "active_destinations": 15,
      "yoy_growth_pct": 322.67783596764497
    },
    {
      "year": 2013,
      "export_value_usd": 235891.71629737684,
      "active_destinations": 12,
      "yoy_growth_pct": -91.13660380393138
    },
    {
      "year": 2014,
      "export_value_usd": 2392922.937481398,
      "active_destinations": 7,
      "yoy_growth_pct": 914.4158408957271
    },
    {
      "year": 2015,
      "export_value_usd": 21847.533503935723,
      "active_destinations": 4,
      "yoy_growth_pct": -99.08699385334445
    },
    {
      "year": 2016,
      "export_value_usd": 74671.31660407013,
      "active_destinations": 6,
      "yoy_growth_pct": 241.78373769569217
    },
    {
      "year": 2017,
      "export_value_usd": 521034.81287703465,
      "active_destinations": 7,
      "yoy_growth_pct": 597.7710271799793
    },
    {
      "year": 2018,
      "export_value_usd": 343958.5512598886,
      "active_destinations": 6,
      "yoy_growth_pct": -33.985495256904535
    },
    {
      "year": 2019,
      "export_value_usd": 13952712.682713911,
      "active_destinations": 4,
      "yoy_growth_pct": 3956.509899697625
    },
    {
      "year": 2020,
      "export_value_usd": 1804192.5117854564,
      "active_destinations": 5,
      "yoy_growth_pct": -87.06923483043781
    },
    {
      "year": 2021,
      "export_value_usd": 645221.8979326802,
      "active_destinations": 4,
      "yoy_growth_pct": -64.23763574463798
    },
    {
      "year": 2022,
      "export_value_usd": 541606.9535664347,
      "active_destinations": 8,
      "yoy_growth_pct": -16.058807783528806
    },
    {
      "year": 2023,
      "export_value_usd": 111716.78368740334,
      "active_destinations": 3,
      "yoy_growth_pct": -79.37308910977637
    },
    {
      "year": 2024,
      "export_value_usd": 944049.0969267683,
      "active_destinations": 3,
      "yoy_growth_pct": 745.0378410179875
    }
  ],
  "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
  }
}