# Belgium HS 841440 exports | Yugalinks Explore reported HS 841440 exports from Belgium: destinations, growth, concentration, prices, and history. ## Exporter position | Measure | Value | | --- | --- | | Exporter | Belgium | | HS6 | 841440 | | Latest exports | $212.5M | | Active destinations | 130 | | Three-year growth | +14.2% | | Destination HHI | 839 | | Weighted share | 37.4% | ## Destination markets - USA, Puerto Rico and US Virgin Islands: $44.2M; share 51.3%; growth +123.7% - Germany: $25.5M; share 55.5%; growth +20.7% - United Kingdom: $18.9M; share 36.9%; growth +33% - United Arab Emirates: $15.5M; share 21.3%; growth +77.4% - Italy: $10.1M; share 36.1%; growth +18.8% - Republic of Korea: $10.0M; share 51.1%; growth -16.7% - France: $9.5M; share 28.8%; growth -8.3% - Sweden: $7.8M; share 52.1%; growth -5.3% - Netherlands: $7.7M; share 24.7%; growth +33.2% - Switzerland, Liechtenstein: $6.6M; share 37%; growth +11.7% - Spain: $5.9M; share 31.3%; growth +21% - Norway: $3.5M; share 28.4%; growth -16.6% - South Africa: $3.3M; share 15.2%; growth +50.7% - Turkey: $3.2M; share 24.9%; growth +19% - Peru: $3.0M; share 22.4%; growth +6.8% ## Price intelligence - Highest reported market price: Chad at $841.3K / ton. - Lowest reported market price: Hungary at $171.9 / ton. - Median reported price: $13.0K / ton. - Price spread: 6,467.8%. ## Export history - 2010: $177.1M - 2011: $281.0M - 2012: $237.7M - 2013: $217.0M - 2014: $180.0M - 2015: $149.3M - 2016: $137.5M - 2017: $167.6M - 2018: $210.9M - 2019: $182.5M - 2020: $134.2M - 2021: $141.1M - 2022: $160.8M - 2023: $234.6M - 2024: $210.4M ## 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/841440", "links": { "product": "https://www.yugalinks.com/trade/product/841440", "exporter": "https://www.yugalinks.com/trade/exporter/bel/841440", "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": "841440", "exporter_iso3": "BEL", "first_data_year": 1999, "latest_data_year": 2024, "observed_lane_count": 180, "current_lane_count": 130, "active_market_count": 130, "exports_latest_observed_lanes_usd": 212513617.57614422, "exports_current_2024_usd": 210384773.4712663, "exports_avg_3y_usd": 201954748.30897987, "exports_avg_5y_usd": 176241712.6912446, "exports_avg_10y_usd": 172905559.32215238, "exports_cagr_3y_pct": 14.236757721038718, "exports_cagr_5y_pct": 2.8832810718777857, "exports_cagr_10y_pct": 1.5694412518201695, "exports_all_year_lane_avg_usd": 176452070.32907587, "exports_historical_lane_peak_usd": 499187916.1805249, "historical_peak_year": 2011, "positive_growth_year_share_pct": 52, "trend_acceleration_pct": 12.667316469218548, "trend_label": "Rapid growth", "top_market_iso3": "USA", "top_market_exports_usd": 44174394.32416673, "top_market_share_pct": 20.78661820734331, "destination_hhi": 838.9955775410809, "weighted_share_latest_pct": 37.39992402866746, "weighted_share_change_1y_pp": 1.1133412473758098, "weighted_volatility_cv": 0.6236373151677135, "weighted_max_drawdown_pct": 82.88849492902362, "limited_history_lane_share_pct": 11.666666666666666, "data_freshness_years": 0, "coverage_score": 100, "confidence_label": "High", "refreshed_at": "2026-07-20 09:28:14", "source": "api", "product": { "hs_code": 841440, "hs_description": "Compressors: air compressors mounted on a wheeled chassis for towing", "hs_chapter": 84, "hs_heading": 8414, "substitution_elasticity": -8.0531969, "price_range_label": "High price range", "trade_type_label": "One-way trade" }, "hs_description": "Compressors: air compressors mounted on a wheeled chassis for towing", "hs_chapter": 84, "hs_heading": 8414, "destinations": [ { "hs_code": 841440, "corridor_rank": 1, "exporter_iso3": "BEL", "importer_iso3": "USA", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 44174394.32416673, "exports_all_year_avg_usd": 20217400.455544, "exports_avg_3y_usd": 43911109.23952856, "exports_avg_5y_usd": 28252373.21032253, "exports_avg_10y_usd": 24398314.564368878, "exports_cagr_3y_pct": 123.7288328746625, "exports_cagr_5y_pct": 21.304775439898727, "exports_cagr_10y_pct": 4.184054511078772, "exports_historical_peak_usd": 69203796.49595888, "buyer_imports_latest_observed_usd": 86127296.25920704, "historical_peak_year": 2023, "positive_growth_year_share_pct": 48, "trend_acceleration_pct": 119.54477836358373, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": -33.3537, "buyer_yoy_all_avg_pct": 15.6272, "buyer_trend_consistency_pct": 44.8276, "market_share_latest_pct": 51.28965640720955, "market_share_change_1y_pp": -2.2610058094518806, "peer_best_share_pct": 51.28965640720955, "peer_top_exporter": "BEL", "supplier_count_latest": 61, "buyer_market_hhi": 2966.73, "distance_km": 5891.71142578125, "has_reported_fta": 0, "applied_tariff_pct": 0.0467447546369697, "tariff_advantage_pp": null, "volatility_cv": 0.7330242774102951, "max_drawdown_pct": 91.25623661435395, "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": 841440, "corridor_rank": 6, "exporter_iso3": "BEL", "importer_iso3": "DEU", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 25512856.73311414, "exports_all_year_avg_usd": 14444896.773647904, "exports_avg_3y_usd": 23375684.72867501, "exports_avg_5y_usd": 20269464.97088899, "exports_avg_10y_usd": 17173656.13703507, "exports_cagr_3y_pct": 20.701114485971715, "exports_cagr_5y_pct": 7.871381371377462, "exports_cagr_10y_pct": 8.099988923069535, "exports_historical_peak_usd": 26191365.075863283, "buyer_imports_latest_observed_usd": 45973061.830826625, "historical_peak_year": 2007, "positive_growth_year_share_pct": 56, "trend_acceleration_pct": 12.60112556290218, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": 0.617, "buyer_yoy_all_avg_pct": 5.3777, "buyer_trend_consistency_pct": 48.2759, "market_share_latest_pct": 55.49523072228099, "market_share_change_1y_pp": -1.499217822517089, "peer_best_share_pct": 55.49523072228099, "peer_top_exporter": "BEL", "supplier_count_latest": 56, "buyer_market_hhi": 3355.59, "distance_km": 196.8760986328125, "has_reported_fta": 1, "applied_tariff_pct": 0, "tariff_advantage_pp": 0, "volatility_cv": 0.3499145418331218, "max_drawdown_pct": 61.83748298420889, "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": 841440, "corridor_rank": 7, "exporter_iso3": "BEL", "importer_iso3": "GBR", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 18872678.93334917, "exports_all_year_avg_usd": 11560487.204288308, "exports_avg_3y_usd": 13424168.124812247, "exports_avg_5y_usd": 11742669.20644249, "exports_avg_10y_usd": 11893216.577155765, "exports_cagr_3y_pct": 32.95491776918873, "exports_cagr_5y_pct": 11.239079422822694, "exports_cagr_10y_pct": 1.4485069277437645, "exports_historical_peak_usd": 26493360.088033766, "buyer_imports_latest_observed_usd": 51154802.15013043, "historical_peak_year": 2006, "positive_growth_year_share_pct": 60, "trend_acceleration_pct": 31.506410841444968, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": 21.6572, "buyer_yoy_all_avg_pct": 15.0007, "buyer_trend_consistency_pct": 62.069, "market_share_latest_pct": 36.89326933170643, "market_share_change_1y_pp": 6.925131422096069, "peer_best_share_pct": 36.89326933170643, "peer_top_exporter": "BEL", "supplier_count_latest": 53, "buyer_market_hhi": 1881.75, "distance_km": 323.77960205078125, "has_reported_fta": 1, "applied_tariff_pct": 0, "tariff_advantage_pp": 0, "volatility_cv": 0.5325634452260075, "max_drawdown_pct": 89.48197574026452, "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": 841440, "corridor_rank": 8, "exporter_iso3": "BEL", "importer_iso3": "ARE", "latest_data_year": 2024, "lane_data_years": 25, "exports_latest_observed_usd": 15529312.148656562, "exports_all_year_avg_usd": 5512037.348039351, "exports_avg_3y_usd": 6798346.436602578, "exports_avg_5y_usd": 5239967.779260231, "exports_avg_10y_usd": 5857466.268117244, "exports_cagr_3y_pct": 77.44842235254276, "exports_cagr_5y_pct": 17.217901892784447, "exports_cagr_10y_pct": 7.290437455964938, "exports_historical_peak_usd": 15529312.148656562, "buyer_imports_latest_observed_usd": 72765740.62477164, "historical_peak_year": 2024, "positive_growth_year_share_pct": 54.166666666666664, "trend_acceleration_pct": 70.15798489657783, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": 91.5103, "buyer_yoy_all_avg_pct": 12.9661, "buyer_trend_consistency_pct": 55.1724, "market_share_latest_pct": 21.34151595973713, "market_share_change_1y_pp": 11.718370567608117, "peer_best_share_pct": 43.167805866068996, "peer_top_exporter": "CHN", "supplier_count_latest": 56, "buyer_market_hhi": 2578.82, "distance_km": 5159.97021484375, "has_reported_fta": 0, "applied_tariff_pct": 0.052146291145454514, "tariff_advantage_pp": null, "volatility_cv": 0.6222615894620297, "max_drawdown_pct": 88.9115756443335, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": "['concentrated_buyer_market']", "signal_flag": "Accelerating", "confidence_label": "High", "refreshed_at": "2026-07-20 09:30:25" }, { "hs_code": 841440, "corridor_rank": 15, "exporter_iso3": "BEL", "importer_iso3": "ITA", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 10100182.436120892, "exports_all_year_avg_usd": 7076398.887131026, "exports_avg_3y_usd": 7851302.392670167, "exports_avg_5y_usd": 6977762.907389644, "exports_avg_10y_usd": 5718587.792678019, "exports_cagr_3y_pct": 18.766066159845487, "exports_cagr_5y_pct": 19.646547568337567, "exports_cagr_10y_pct": 8.81693287976535, "exports_historical_peak_usd": 13284633.539183598, "buyer_imports_latest_observed_usd": 27950446.740803964, "historical_peak_year": 2000, "positive_growth_year_share_pct": 60, "trend_acceleration_pct": 9.949133280080137, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": 34.7034, "buyer_yoy_all_avg_pct": 3.0077, "buyer_trend_consistency_pct": 48.2759, "market_share_latest_pct": 36.13603220651196, "market_share_change_1y_pp": 2.773143056258853, "peer_best_share_pct": 36.136032206511956, "peer_top_exporter": "BEL", "supplier_count_latest": 46, "buyer_market_hhi": 2251.16, "distance_km": 1174.9036865234375, "has_reported_fta": 1, "applied_tariff_pct": 0, "tariff_advantage_pp": 0, "volatility_cv": 0.3592044685284045, "max_drawdown_pct": 79.1358933845763, "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": 841440, "corridor_rank": 16, "exporter_iso3": "BEL", "importer_iso3": "KOR", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 10012543.670776967, "exports_all_year_avg_usd": 3339528.8985379385, "exports_avg_3y_usd": 10277080.23434341, "exports_avg_5y_usd": 10688044.014147233, "exports_avg_10y_usd": 7418067.4636615645, "exports_cagr_3y_pct": -16.67692253952211, "exports_cagr_5y_pct": 0.03885322232468624, "exports_cagr_10y_pct": 17.709012579567606, "exports_historical_peak_usd": 17308065.011982184, "buyer_imports_latest_observed_usd": 19597718.446713943, "historical_peak_year": 2021, "positive_growth_year_share_pct": 56, "trend_acceleration_pct": -34.385935119089716, "trend_label": "Rapid decline", "buyer_yoy_latest_pct": -18.6646, "buyer_yoy_all_avg_pct": 22.5861, "buyer_trend_consistency_pct": 51.7241, "market_share_latest_pct": 51.09035369602335, "market_share_change_1y_pp": 13.575632483633918, "peer_best_share_pct": 51.09035369602335, "peer_top_exporter": "BEL", "supplier_count_latest": 29, "buyer_market_hhi": 3524.05, "distance_km": 8722.1142578125, "has_reported_fta": 1, "applied_tariff_pct": 0.13695644286262626, "tariff_advantage_pp": 0.11067370517943839, "volatility_cv": 1.3316405100202753, "max_drawdown_pct": 93.08922263010521, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']", "signal_flag": "Accelerating", "confidence_label": "High", "refreshed_at": "2026-07-20 09:30:25" }, { "hs_code": 841440, "corridor_rank": 18, "exporter_iso3": "BEL", "importer_iso3": "FRA", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 9530046.66430155, "exports_all_year_avg_usd": 11603279.709288877, "exports_avg_3y_usd": 9500428.34778917, "exports_avg_5y_usd": 9930625.249521194, "exports_avg_10y_usd": 9981374.664807668, "exports_cagr_3y_pct": -8.25157181154832, "exports_cagr_5y_pct": -6.819064109332407, "exports_cagr_10y_pct": 1.7551184999722524, "exports_historical_peak_usd": 17954637.58135739, "buyer_imports_latest_observed_usd": 33119287.990725342, "historical_peak_year": 2007, "positive_growth_year_share_pct": 52, "trend_acceleration_pct": -10.006690311520572, "trend_label": "Declining", "buyer_yoy_latest_pct": -5.6015, "buyer_yoy_all_avg_pct": 3.3424, "buyer_trend_consistency_pct": 44.8276, "market_share_latest_pct": 28.77491408320832, "market_share_change_1y_pp": -0.2182658694821491, "peer_best_share_pct": 29.6962157946376, "peer_top_exporter": "DEU", "supplier_count_latest": 55, "buyer_market_hhi": 1999.84, "distance_km": 262.384521484375, "has_reported_fta": 1, "applied_tariff_pct": 0, "tariff_advantage_pp": 0, "volatility_cv": 0.3187320978219965, "max_drawdown_pct": 63.24823716620105, "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": 841440, "corridor_rank": 23, "exporter_iso3": "BEL", "importer_iso3": "SWE", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 7755463.516298554, "exports_all_year_avg_usd": 6572350.950909626, "exports_avg_3y_usd": 8616582.678153543, "exports_avg_5y_usd": 8961128.898968255, "exports_avg_10y_usd": 9760745.621936036, "exports_cagr_3y_pct": -5.289282646650372, "exports_cagr_5y_pct": -2.9073485744317007, "exports_cagr_10y_pct": 10.725920080857554, "exports_historical_peak_usd": 13563002.569943557, "buyer_imports_latest_observed_usd": 14889856.144270828, "historical_peak_year": 2018, "positive_growth_year_share_pct": 48, "trend_acceleration_pct": -16.015202727507926, "trend_label": "Declining", "buyer_yoy_latest_pct": -16.1315, "buyer_yoy_all_avg_pct": 10.1022, "buyer_trend_consistency_pct": 58.6207, "market_share_latest_pct": 52.08555033140885, "market_share_change_1y_pp": 0.09422317829498184, "peer_best_share_pct": 52.08555033140884, "peer_top_exporter": "BEL", "supplier_count_latest": 32, "buyer_market_hhi": 3132.06, "distance_km": 1283.7164306640625, "has_reported_fta": 1, "applied_tariff_pct": 0.02074849988080808, "tariff_advantage_pp": 0.02074849988080808, "volatility_cv": 0.5085841121049676, "max_drawdown_pct": 77.97096647946266, "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": 841440, "corridor_rank": 24, "exporter_iso3": "BEL", "importer_iso3": "NLD", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 7657661.537211314, "exports_all_year_avg_usd": 4067918.5908799884, "exports_avg_3y_usd": 5832295.706165526, "exports_avg_5y_usd": 4981720.375001134, "exports_avg_10y_usd": 4608575.645492073, "exports_cagr_3y_pct": 33.16057624464772, "exports_cagr_5y_pct": 0.4922051925441373, "exports_cagr_10y_pct": 6.4104019556824765, "exports_historical_peak_usd": 7657661.537211314, "buyer_imports_latest_observed_usd": 30964191.830102637, "historical_peak_year": 2024, "positive_growth_year_share_pct": 48, "trend_acceleration_pct": 26.750174288965244, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": 65.7713, "buyer_yoy_all_avg_pct": 7.8933, "buyer_trend_consistency_pct": 58.6207, "market_share_latest_pct": 24.73070047888904, "market_share_change_1y_pp": -0.7047785009275529, "peer_best_share_pct": 24.73070047888904, "peer_top_exporter": "BEL", "supplier_count_latest": 53, "buyer_market_hhi": 1733.87, "distance_km": 173.03326416015625, "has_reported_fta": 1, "applied_tariff_pct": 0, "tariff_advantage_pp": 0, "volatility_cv": 0.41323953786581424, "max_drawdown_pct": 69.33017368807998, "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": 841440, "corridor_rank": 31, "exporter_iso3": "BEL", "importer_iso3": "CHE", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 6580093.0786444405, "exports_all_year_avg_usd": 4394860.969168061, "exports_avg_3y_usd": 6722656.807891481, "exports_avg_5y_usd": 6027648.2459021425, "exports_avg_10y_usd": 4675765.018265237, "exports_cagr_3y_pct": 11.653045438945675, "exports_cagr_5y_pct": 20.036467941606073, "exports_cagr_10y_pct": 6.5759410158878095, "exports_historical_peak_usd": 7940943.1724813795, "buyer_imports_latest_observed_usd": 17807426.436085243, "historical_peak_year": 2011, "positive_growth_year_share_pct": 56, "trend_acceleration_pct": 5.0771044230578655, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": -2.8019, "buyer_yoy_all_avg_pct": 7.6366, "buyer_trend_consistency_pct": 55.1724, "market_share_latest_pct": 36.951398352040584, "market_share_change_1y_pp": -4.0145109744744545, "peer_best_share_pct": 36.95139835204058, "peer_top_exporter": "BEL", "supplier_count_latest": 31, "buyer_market_hhi": 2639.23, "distance_km": 487.4554748535156, "has_reported_fta": 1, "applied_tariff_pct": 0.012764303815058584, "tariff_advantage_pp": -0.020929647224547474, "volatility_cv": 0.3799067901345462, "max_drawdown_pct": 69.31857363107493, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": "['concentrated_buyer_market']", "signal_flag": "Growing", "confidence_label": "High", "refreshed_at": "2026-07-20 09:30:25" }, { "hs_code": 841440, "corridor_rank": 35, "exporter_iso3": "BEL", "importer_iso3": "ESP", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 5907928.257639891, "exports_all_year_avg_usd": 3981278.1486422694, "exports_avg_3y_usd": 4552390.361608088, "exports_avg_5y_usd": 3985984.3375067203, "exports_avg_10y_usd": 4129791.223480181, "exports_cagr_3y_pct": 21.027526884364267, "exports_cagr_5y_pct": -3.617824638175837, "exports_cagr_10y_pct": 22.462869564223475, "exports_historical_peak_usd": 7422317.0077922065, "buyer_imports_latest_observed_usd": 18889022.6335889, "historical_peak_year": 2005, "positive_growth_year_share_pct": 52, "trend_acceleration_pct": -1.4353426798592075, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": 17.7647, "buyer_yoy_all_avg_pct": 5.8293, "buyer_trend_consistency_pct": 68.9655, "market_share_latest_pct": 31.277045786023226, "market_share_change_1y_pp": 4.817650810847034, "peer_best_share_pct": 31.277045786023226, "peer_top_exporter": "BEL", "supplier_count_latest": 42, "buyer_market_hhi": 1803.59, "distance_km": 1316.64013671875, "has_reported_fta": 1, "applied_tariff_pct": 0, "tariff_advantage_pp": 0, "volatility_cv": 0.5367754390850149, "max_drawdown_pct": 91.46203802590021, "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": 841440, "corridor_rank": 63, "exporter_iso3": "BEL", "importer_iso3": "NOR", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 3485020.61675552, "exports_all_year_avg_usd": 3253107.860420095, "exports_avg_3y_usd": 5099309.55471475, "exports_avg_5y_usd": 5198808.624168778, "exports_avg_10y_usd": 5512723.158776354, "exports_cagr_3y_pct": -16.57966066206191, "exports_cagr_5y_pct": -14.339248198292365, "exports_cagr_10y_pct": -0.7985387307680614, "exports_historical_peak_usd": 7960945.209172146, "buyer_imports_latest_observed_usd": 12261555.586240774, "historical_peak_year": 2018, "positive_growth_year_share_pct": 56, "trend_acceleration_pct": -15.78112193129385, "trend_label": "Rapid decline", "buyer_yoy_latest_pct": -15.8423, "buyer_yoy_all_avg_pct": 7.4348, "buyer_trend_consistency_pct": 65.5172, "market_share_latest_pct": 28.42233672753735, "market_share_change_1y_pp": -15.520114967467364, "peer_best_share_pct": 28.422336727537356, "peer_top_exporter": "BEL", "supplier_count_latest": 35, "buyer_market_hhi": 1648.2, "distance_km": 1087.7725830078125, "has_reported_fta": 1, "applied_tariff_pct": 0.027626026818626265, "tariff_advantage_pp": -0.005222757343741419, "volatility_cv": 0.6633364599747144, "max_drawdown_pct": 67.84957237318324, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": "['unrecovered_drawdown']", "signal_flag": "Growing", "confidence_label": "High", "refreshed_at": "2026-07-20 09:30:25" }, { "hs_code": 841440, "corridor_rank": 64, "exporter_iso3": "BEL", "importer_iso3": "ZAF", "latest_data_year": 2024, "lane_data_years": 25, "exports_latest_observed_usd": 3342109.854483286, "exports_all_year_avg_usd": 3735355.226923385, "exports_avg_3y_usd": 2936174.7650337773, "exports_avg_5y_usd": 2071685.871714512, "exports_avg_10y_usd": 1863380.1469038457, "exports_cagr_3y_pct": 50.66183991149362, "exports_cagr_5y_pct": 12.986588300082103, "exports_cagr_10y_pct": 0.787753480168818, "exports_historical_peak_usd": 8279963.364005027, "buyer_imports_latest_observed_usd": 22033586.22689566, "historical_peak_year": 2011, "positive_growth_year_share_pct": 54.166666666666664, "trend_acceleration_pct": 49.874086431324805, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": 17.5182, "buyer_yoy_all_avg_pct": 10.5706, "buyer_trend_consistency_pct": 75, "market_share_latest_pct": 15.168251868157911, "market_share_change_1y_pp": -2.671927432287971, "peer_best_share_pct": 32.406653510629106, "peer_top_exporter": "CHN", "supplier_count_latest": 43, "buyer_market_hhi": 1998.48, "distance_km": 9535.7275390625, "has_reported_fta": 1, "applied_tariff_pct": 0.09824198576107072, "tariff_advantage_pp": 0.029297414191717164, "volatility_cv": 0.6208088233528356, "max_drawdown_pct": 93.0839878873939, "attention_level": "High attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": "['unrecovered_drawdown','buyer_macro_weakness']", "signal_flag": "Stable", "confidence_label": "High", "refreshed_at": "2026-07-20 09:30:25" }, { "hs_code": 841440, "corridor_rank": 67, "exporter_iso3": "BEL", "importer_iso3": "TUR", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 3155473.226578428, "exports_all_year_avg_usd": 3357943.419201456, "exports_avg_3y_usd": 2509807.6958615393, "exports_avg_5y_usd": 2105930.8981020786, "exports_avg_10y_usd": 2545451.8156235954, "exports_cagr_3y_pct": 18.96636650269876, "exports_cagr_5y_pct": 40.89630076803146, "exports_cagr_10y_pct": -5.453983853127564, "exports_historical_peak_usd": 8480053.397684574, "buyer_imports_latest_observed_usd": 12693781.54208219, "historical_peak_year": 2013, "positive_growth_year_share_pct": 56, "trend_acceleration_pct": 24.420350355826326, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": 8.6437, "buyer_yoy_all_avg_pct": 13.6825, "buyer_trend_consistency_pct": 51.7241, "market_share_latest_pct": 24.85841761272999, "market_share_change_1y_pp": -0.5269326558104339, "peer_best_share_pct": 34.18233805935465, "peer_top_exporter": "CHN", "supplier_count_latest": 32, "buyer_market_hhi": 2169.23, "distance_km": 2179.3916015625, "has_reported_fta": 1, "applied_tariff_pct": 0.07943356052620203, "tariff_advantage_pp": 0.07065853177226666, "volatility_cv": 0.6479861521616769, "max_drawdown_pct": 93.29856270314771, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": "['unrecovered_drawdown']", "signal_flag": "Growing", "confidence_label": "High", "refreshed_at": "2026-07-20 09:30:25" }, { "hs_code": 841440, "corridor_rank": 72, "exporter_iso3": "BEL", "importer_iso3": "PER", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 3043302.1042653793, "exports_all_year_avg_usd": 1603559.7201361565, "exports_avg_3y_usd": 3241028.508477798, "exports_avg_5y_usd": 2762708.6171844993, "exports_avg_10y_usd": 2235298.0848170794, "exports_cagr_3y_pct": 6.832536626947694, "exports_cagr_5y_pct": 10.591758911865234, "exports_cagr_10y_pct": 6.06221473401245, "exports_historical_peak_usd": 4136058.9313738965, "buyer_imports_latest_observed_usd": 13605950.434670145, "historical_peak_year": 2012, "positive_growth_year_share_pct": 60, "trend_acceleration_pct": 0.770321892935244, "trend_label": "Growing", "buyer_yoy_latest_pct": 0.7141, "buyer_yoy_all_avg_pct": 15.1531, "buyer_trend_consistency_pct": 51.7241, "market_share_latest_pct": 22.36743488724284, "market_share_change_1y_pp": -2.5946910358864557, "peer_best_share_pct": 29.2740848347342, "peer_top_exporter": "CHN", "supplier_count_latest": 27, "buyer_market_hhi": 2078.71, "distance_km": 10464.7978515625, "has_reported_fta": 1, "applied_tariff_pct": 0.1347220123208081, "tariff_advantage_pp": 0.11326388368323234, "volatility_cv": 0.7297866478519281, "max_drawdown_pct": 69.18673419419677, "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" } ], "priceSummary": { "exporter_iso3": "BEL", "hs_code": 841440, "num_markets": 154, "highest_price_importer_iso3": "TCD", "highest_price_usd_per_ton": 841288.8540031397, "lowest_price_importer_iso3": "HUN", "lowest_price_usd_per_ton": 171.90305206463194, "median_price_across_markets": 13004.681230494874, "price_spread_pct": 6467.801371237975, "avg_quantity_metric_tons": 114.4263125, "total_trade_value_usd": 903917993 }, "history": [ { "year": 2010, "export_value_usd": 177099654.60884666, "active_destinations": 133, "yoy_growth_pct": 48.047698192123555 }, { "year": 2011, "export_value_usd": 280969541.47450876, "active_destinations": 142, "yoy_growth_pct": 58.650530457033135 }, { "year": 2012, "export_value_usd": 237729352.33788398, "active_destinations": 133, "yoy_growth_pct": -15.389635798137855 }, { "year": 2013, "export_value_usd": 217036351.46884432, "active_destinations": 142, "yoy_growth_pct": -8.704436648457595 }, { "year": 2014, "export_value_usd": 180046080.42220423, "active_destinations": 130, "yoy_growth_pct": -17.04335278228729 }, { "year": 2015, "export_value_usd": 149255539.4835121, "active_destinations": 129, "yoy_growth_pct": -17.10147805855532 }, { "year": 2016, "export_value_usd": 137531493.17937356, "active_destinations": 135, "yoy_growth_pct": -7.855015863872622 }, { "year": 2017, "export_value_usd": 167620158.1508648, "active_destinations": 143, "yoy_growth_pct": 21.87765454727414 }, { "year": 2018, "export_value_usd": 210928321.97824472, "active_destinations": 140, "yoy_growth_pct": 25.837085649567783 }, { "year": 2019, "export_value_usd": 182511516.97330534, "active_destinations": 131, "yoy_growth_pct": -13.472256707124567 }, { "year": 2020, "export_value_usd": 134221676.1973545, "active_destinations": 128, "yoy_growth_pct": -26.458517016772078 }, { "year": 2021, "export_value_usd": 141122642.33192897, "active_destinations": 123, "yoy_growth_pct": 5.141469194906755 }, { "year": 2022, "export_value_usd": 160838681.49089617, "active_destinations": 128, "yoy_growth_pct": 13.970854593690134 }, { "year": 2023, "export_value_usd": 234640789.96477723, "active_destinations": 120, "yoy_growth_pct": 45.88579550004483 }, { "year": 2024, "export_value_usd": 210384773.47126624, "active_destinations": 130, "yoy_growth_pct": -10.33751058251728 } ], "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": "841440", "hs_description": "Compressors: air compressors mounted on a wheeled chassis for towing", "hs_chapter": 84, "hs_heading": 8414 }, "destinations": [ { "hs_code": 841440, "corridor_rank": 1, "exporter_iso3": "BEL", "importer_iso3": "USA", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 44174394.32416673, "exports_all_year_avg_usd": 20217400.455544, "exports_avg_3y_usd": 43911109.23952856, "exports_avg_5y_usd": 28252373.21032253, "exports_avg_10y_usd": 24398314.564368878, "exports_cagr_3y_pct": 123.7288328746625, "exports_cagr_5y_pct": 21.304775439898727, "exports_cagr_10y_pct": 4.184054511078772, "exports_historical_peak_usd": 69203796.49595888, "buyer_imports_latest_observed_usd": 86127296.25920704, "historical_peak_year": 2023, "positive_growth_year_share_pct": 48, "trend_acceleration_pct": 119.54477836358373, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": -33.3537, "buyer_yoy_all_avg_pct": 15.6272, "buyer_trend_consistency_pct": 44.8276, "market_share_latest_pct": 51.28965640720955, "market_share_change_1y_pp": -2.2610058094518806, "peer_best_share_pct": 51.28965640720955, "peer_top_exporter": "BEL", "supplier_count_latest": 61, "buyer_market_hhi": 2966.73, "distance_km": 5891.71142578125, "has_reported_fta": 0, "applied_tariff_pct": 0.0467447546369697, "tariff_advantage_pp": null, "volatility_cv": 0.7330242774102951, "max_drawdown_pct": 91.25623661435395, "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": 841440, "corridor_rank": 6, "exporter_iso3": "BEL", "importer_iso3": "DEU", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 25512856.73311414, "exports_all_year_avg_usd": 14444896.773647904, "exports_avg_3y_usd": 23375684.72867501, "exports_avg_5y_usd": 20269464.97088899, "exports_avg_10y_usd": 17173656.13703507, "exports_cagr_3y_pct": 20.701114485971715, "exports_cagr_5y_pct": 7.871381371377462, "exports_cagr_10y_pct": 8.099988923069535, "exports_historical_peak_usd": 26191365.075863283, "buyer_imports_latest_observed_usd": 45973061.830826625, "historical_peak_year": 2007, "positive_growth_year_share_pct": 56, "trend_acceleration_pct": 12.60112556290218, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": 0.617, "buyer_yoy_all_avg_pct": 5.3777, "buyer_trend_consistency_pct": 48.2759, "market_share_latest_pct": 55.49523072228099, "market_share_change_1y_pp": -1.499217822517089, "peer_best_share_pct": 55.49523072228099, "peer_top_exporter": "BEL", "supplier_count_latest": 56, "buyer_market_hhi": 3355.59, "distance_km": 196.8760986328125, "has_reported_fta": 1, "applied_tariff_pct": 0, "tariff_advantage_pp": 0, "volatility_cv": 0.3499145418331218, "max_drawdown_pct": 61.83748298420889, "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": 841440, "corridor_rank": 7, "exporter_iso3": "BEL", "importer_iso3": "GBR", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 18872678.93334917, "exports_all_year_avg_usd": 11560487.204288308, "exports_avg_3y_usd": 13424168.124812247, "exports_avg_5y_usd": 11742669.20644249, "exports_avg_10y_usd": 11893216.577155765, "exports_cagr_3y_pct": 32.95491776918873, "exports_cagr_5y_pct": 11.239079422822694, "exports_cagr_10y_pct": 1.4485069277437645, "exports_historical_peak_usd": 26493360.088033766, "buyer_imports_latest_observed_usd": 51154802.15013043, "historical_peak_year": 2006, "positive_growth_year_share_pct": 60, "trend_acceleration_pct": 31.506410841444968, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": 21.6572, "buyer_yoy_all_avg_pct": 15.0007, "buyer_trend_consistency_pct": 62.069, "market_share_latest_pct": 36.89326933170643, "market_share_change_1y_pp": 6.925131422096069, "peer_best_share_pct": 36.89326933170643, "peer_top_exporter": "BEL", "supplier_count_latest": 53, "buyer_market_hhi": 1881.75, "distance_km": 323.77960205078125, "has_reported_fta": 1, "applied_tariff_pct": 0, "tariff_advantage_pp": 0, "volatility_cv": 0.5325634452260075, "max_drawdown_pct": 89.48197574026452, "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": 841440, "corridor_rank": 8, "exporter_iso3": "BEL", "importer_iso3": "ARE", "latest_data_year": 2024, "lane_data_years": 25, "exports_latest_observed_usd": 15529312.148656562, "exports_all_year_avg_usd": 5512037.348039351, "exports_avg_3y_usd": 6798346.436602578, "exports_avg_5y_usd": 5239967.779260231, "exports_avg_10y_usd": 5857466.268117244, "exports_cagr_3y_pct": 77.44842235254276, "exports_cagr_5y_pct": 17.217901892784447, "exports_cagr_10y_pct": 7.290437455964938, "exports_historical_peak_usd": 15529312.148656562, "buyer_imports_latest_observed_usd": 72765740.62477164, "historical_peak_year": 2024, "positive_growth_year_share_pct": 54.166666666666664, "trend_acceleration_pct": 70.15798489657783, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": 91.5103, "buyer_yoy_all_avg_pct": 12.9661, "buyer_trend_consistency_pct": 55.1724, "market_share_latest_pct": 21.34151595973713, "market_share_change_1y_pp": 11.718370567608117, "peer_best_share_pct": 43.167805866068996, "peer_top_exporter": "CHN", "supplier_count_latest": 56, "buyer_market_hhi": 2578.82, "distance_km": 5159.97021484375, "has_reported_fta": 0, "applied_tariff_pct": 0.052146291145454514, "tariff_advantage_pp": null, "volatility_cv": 0.6222615894620297, "max_drawdown_pct": 88.9115756443335, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": "['concentrated_buyer_market']", "signal_flag": "Accelerating", "confidence_label": "High", "refreshed_at": "2026-07-20 09:30:25" }, { "hs_code": 841440, "corridor_rank": 15, "exporter_iso3": "BEL", "importer_iso3": "ITA", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 10100182.436120892, "exports_all_year_avg_usd": 7076398.887131026, "exports_avg_3y_usd": 7851302.392670167, "exports_avg_5y_usd": 6977762.907389644, "exports_avg_10y_usd": 5718587.792678019, "exports_cagr_3y_pct": 18.766066159845487, "exports_cagr_5y_pct": 19.646547568337567, "exports_cagr_10y_pct": 8.81693287976535, "exports_historical_peak_usd": 13284633.539183598, "buyer_imports_latest_observed_usd": 27950446.740803964, "historical_peak_year": 2000, "positive_growth_year_share_pct": 60, "trend_acceleration_pct": 9.949133280080137, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": 34.7034, "buyer_yoy_all_avg_pct": 3.0077, "buyer_trend_consistency_pct": 48.2759, "market_share_latest_pct": 36.13603220651196, "market_share_change_1y_pp": 2.773143056258853, "peer_best_share_pct": 36.136032206511956, "peer_top_exporter": "BEL", "supplier_count_latest": 46, "buyer_market_hhi": 2251.16, "distance_km": 1174.9036865234375, "has_reported_fta": 1, "applied_tariff_pct": 0, "tariff_advantage_pp": 0, "volatility_cv": 0.3592044685284045, "max_drawdown_pct": 79.1358933845763, "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": 841440, "corridor_rank": 16, "exporter_iso3": "BEL", "importer_iso3": "KOR", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 10012543.670776967, "exports_all_year_avg_usd": 3339528.8985379385, "exports_avg_3y_usd": 10277080.23434341, "exports_avg_5y_usd": 10688044.014147233, "exports_avg_10y_usd": 7418067.4636615645, "exports_cagr_3y_pct": -16.67692253952211, "exports_cagr_5y_pct": 0.03885322232468624, "exports_cagr_10y_pct": 17.709012579567606, "exports_historical_peak_usd": 17308065.011982184, "buyer_imports_latest_observed_usd": 19597718.446713943, "historical_peak_year": 2021, "positive_growth_year_share_pct": 56, "trend_acceleration_pct": -34.385935119089716, "trend_label": "Rapid decline", "buyer_yoy_latest_pct": -18.6646, "buyer_yoy_all_avg_pct": 22.5861, "buyer_trend_consistency_pct": 51.7241, "market_share_latest_pct": 51.09035369602335, "market_share_change_1y_pp": 13.575632483633918, "peer_best_share_pct": 51.09035369602335, "peer_top_exporter": "BEL", "supplier_count_latest": 29, "buyer_market_hhi": 3524.05, "distance_km": 8722.1142578125, "has_reported_fta": 1, "applied_tariff_pct": 0.13695644286262626, "tariff_advantage_pp": 0.11067370517943839, "volatility_cv": 1.3316405100202753, "max_drawdown_pct": 93.08922263010521, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']", "signal_flag": "Accelerating", "confidence_label": "High", "refreshed_at": "2026-07-20 09:30:25" }, { "hs_code": 841440, "corridor_rank": 18, "exporter_iso3": "BEL", "importer_iso3": "FRA", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 9530046.66430155, "exports_all_year_avg_usd": 11603279.709288877, "exports_avg_3y_usd": 9500428.34778917, "exports_avg_5y_usd": 9930625.249521194, "exports_avg_10y_usd": 9981374.664807668, "exports_cagr_3y_pct": -8.25157181154832, "exports_cagr_5y_pct": -6.819064109332407, "exports_cagr_10y_pct": 1.7551184999722524, "exports_historical_peak_usd": 17954637.58135739, "buyer_imports_latest_observed_usd": 33119287.990725342, "historical_peak_year": 2007, "positive_growth_year_share_pct": 52, "trend_acceleration_pct": -10.006690311520572, "trend_label": "Declining", "buyer_yoy_latest_pct": -5.6015, "buyer_yoy_all_avg_pct": 3.3424, "buyer_trend_consistency_pct": 44.8276, "market_share_latest_pct": 28.77491408320832, "market_share_change_1y_pp": -0.2182658694821491, "peer_best_share_pct": 29.6962157946376, "peer_top_exporter": "DEU", "supplier_count_latest": 55, "buyer_market_hhi": 1999.84, "distance_km": 262.384521484375, "has_reported_fta": 1, "applied_tariff_pct": 0, "tariff_advantage_pp": 0, "volatility_cv": 0.3187320978219965, "max_drawdown_pct": 63.24823716620105, "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": 841440, "corridor_rank": 23, "exporter_iso3": "BEL", "importer_iso3": "SWE", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 7755463.516298554, "exports_all_year_avg_usd": 6572350.950909626, "exports_avg_3y_usd": 8616582.678153543, "exports_avg_5y_usd": 8961128.898968255, "exports_avg_10y_usd": 9760745.621936036, "exports_cagr_3y_pct": -5.289282646650372, "exports_cagr_5y_pct": -2.9073485744317007, "exports_cagr_10y_pct": 10.725920080857554, "exports_historical_peak_usd": 13563002.569943557, "buyer_imports_latest_observed_usd": 14889856.144270828, "historical_peak_year": 2018, "positive_growth_year_share_pct": 48, "trend_acceleration_pct": -16.015202727507926, "trend_label": "Declining", "buyer_yoy_latest_pct": -16.1315, "buyer_yoy_all_avg_pct": 10.1022, "buyer_trend_consistency_pct": 58.6207, "market_share_latest_pct": 52.08555033140885, "market_share_change_1y_pp": 0.09422317829498184, "peer_best_share_pct": 52.08555033140884, "peer_top_exporter": "BEL", "supplier_count_latest": 32, "buyer_market_hhi": 3132.06, "distance_km": 1283.7164306640625, "has_reported_fta": 1, "applied_tariff_pct": 0.02074849988080808, "tariff_advantage_pp": 0.02074849988080808, "volatility_cv": 0.5085841121049676, "max_drawdown_pct": 77.97096647946266, "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": 841440, "corridor_rank": 24, "exporter_iso3": "BEL", "importer_iso3": "NLD", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 7657661.537211314, "exports_all_year_avg_usd": 4067918.5908799884, "exports_avg_3y_usd": 5832295.706165526, "exports_avg_5y_usd": 4981720.375001134, "exports_avg_10y_usd": 4608575.645492073, "exports_cagr_3y_pct": 33.16057624464772, "exports_cagr_5y_pct": 0.4922051925441373, "exports_cagr_10y_pct": 6.4104019556824765, "exports_historical_peak_usd": 7657661.537211314, "buyer_imports_latest_observed_usd": 30964191.830102637, "historical_peak_year": 2024, "positive_growth_year_share_pct": 48, "trend_acceleration_pct": 26.750174288965244, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": 65.7713, "buyer_yoy_all_avg_pct": 7.8933, "buyer_trend_consistency_pct": 58.6207, "market_share_latest_pct": 24.73070047888904, "market_share_change_1y_pp": -0.7047785009275529, "peer_best_share_pct": 24.73070047888904, "peer_top_exporter": "BEL", "supplier_count_latest": 53, "buyer_market_hhi": 1733.87, "distance_km": 173.03326416015625, "has_reported_fta": 1, "applied_tariff_pct": 0, "tariff_advantage_pp": 0, "volatility_cv": 0.41323953786581424, "max_drawdown_pct": 69.33017368807998, "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": 841440, "corridor_rank": 31, "exporter_iso3": "BEL", "importer_iso3": "CHE", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 6580093.0786444405, "exports_all_year_avg_usd": 4394860.969168061, "exports_avg_3y_usd": 6722656.807891481, "exports_avg_5y_usd": 6027648.2459021425, "exports_avg_10y_usd": 4675765.018265237, "exports_cagr_3y_pct": 11.653045438945675, "exports_cagr_5y_pct": 20.036467941606073, "exports_cagr_10y_pct": 6.5759410158878095, "exports_historical_peak_usd": 7940943.1724813795, "buyer_imports_latest_observed_usd": 17807426.436085243, "historical_peak_year": 2011, "positive_growth_year_share_pct": 56, "trend_acceleration_pct": 5.0771044230578655, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": -2.8019, "buyer_yoy_all_avg_pct": 7.6366, "buyer_trend_consistency_pct": 55.1724, "market_share_latest_pct": 36.951398352040584, "market_share_change_1y_pp": -4.0145109744744545, "peer_best_share_pct": 36.95139835204058, "peer_top_exporter": "BEL", "supplier_count_latest": 31, "buyer_market_hhi": 2639.23, "distance_km": 487.4554748535156, "has_reported_fta": 1, "applied_tariff_pct": 0.012764303815058584, "tariff_advantage_pp": -0.020929647224547474, "volatility_cv": 0.3799067901345462, "max_drawdown_pct": 69.31857363107493, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": "['concentrated_buyer_market']", "signal_flag": "Growing", "confidence_label": "High", "refreshed_at": "2026-07-20 09:30:25" }, { "hs_code": 841440, "corridor_rank": 35, "exporter_iso3": "BEL", "importer_iso3": "ESP", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 5907928.257639891, "exports_all_year_avg_usd": 3981278.1486422694, "exports_avg_3y_usd": 4552390.361608088, "exports_avg_5y_usd": 3985984.3375067203, "exports_avg_10y_usd": 4129791.223480181, "exports_cagr_3y_pct": 21.027526884364267, "exports_cagr_5y_pct": -3.617824638175837, "exports_cagr_10y_pct": 22.462869564223475, "exports_historical_peak_usd": 7422317.0077922065, "buyer_imports_latest_observed_usd": 18889022.6335889, "historical_peak_year": 2005, "positive_growth_year_share_pct": 52, "trend_acceleration_pct": -1.4353426798592075, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": 17.7647, "buyer_yoy_all_avg_pct": 5.8293, "buyer_trend_consistency_pct": 68.9655, "market_share_latest_pct": 31.277045786023226, "market_share_change_1y_pp": 4.817650810847034, "peer_best_share_pct": 31.277045786023226, "peer_top_exporter": "BEL", "supplier_count_latest": 42, "buyer_market_hhi": 1803.59, "distance_km": 1316.64013671875, "has_reported_fta": 1, "applied_tariff_pct": 0, "tariff_advantage_pp": 0, "volatility_cv": 0.5367754390850149, "max_drawdown_pct": 91.46203802590021, "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": 841440, "corridor_rank": 63, "exporter_iso3": "BEL", "importer_iso3": "NOR", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 3485020.61675552, "exports_all_year_avg_usd": 3253107.860420095, "exports_avg_3y_usd": 5099309.55471475, "exports_avg_5y_usd": 5198808.624168778, "exports_avg_10y_usd": 5512723.158776354, "exports_cagr_3y_pct": -16.57966066206191, "exports_cagr_5y_pct": -14.339248198292365, "exports_cagr_10y_pct": -0.7985387307680614, "exports_historical_peak_usd": 7960945.209172146, "buyer_imports_latest_observed_usd": 12261555.586240774, "historical_peak_year": 2018, "positive_growth_year_share_pct": 56, "trend_acceleration_pct": -15.78112193129385, "trend_label": "Rapid decline", "buyer_yoy_latest_pct": -15.8423, "buyer_yoy_all_avg_pct": 7.4348, "buyer_trend_consistency_pct": 65.5172, "market_share_latest_pct": 28.42233672753735, "market_share_change_1y_pp": -15.520114967467364, "peer_best_share_pct": 28.422336727537356, "peer_top_exporter": "BEL", "supplier_count_latest": 35, "buyer_market_hhi": 1648.2, "distance_km": 1087.7725830078125, "has_reported_fta": 1, "applied_tariff_pct": 0.027626026818626265, "tariff_advantage_pp": -0.005222757343741419, "volatility_cv": 0.6633364599747144, "max_drawdown_pct": 67.84957237318324, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": "['unrecovered_drawdown']", "signal_flag": "Growing", "confidence_label": "High", "refreshed_at": "2026-07-20 09:30:25" }, { "hs_code": 841440, "corridor_rank": 64, "exporter_iso3": "BEL", "importer_iso3": "ZAF", "latest_data_year": 2024, "lane_data_years": 25, "exports_latest_observed_usd": 3342109.854483286, "exports_all_year_avg_usd": 3735355.226923385, "exports_avg_3y_usd": 2936174.7650337773, "exports_avg_5y_usd": 2071685.871714512, "exports_avg_10y_usd": 1863380.1469038457, "exports_cagr_3y_pct": 50.66183991149362, "exports_cagr_5y_pct": 12.986588300082103, "exports_cagr_10y_pct": 0.787753480168818, "exports_historical_peak_usd": 8279963.364005027, "buyer_imports_latest_observed_usd": 22033586.22689566, "historical_peak_year": 2011, "positive_growth_year_share_pct": 54.166666666666664, "trend_acceleration_pct": 49.874086431324805, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": 17.5182, "buyer_yoy_all_avg_pct": 10.5706, "buyer_trend_consistency_pct": 75, "market_share_latest_pct": 15.168251868157911, "market_share_change_1y_pp": -2.671927432287971, "peer_best_share_pct": 32.406653510629106, "peer_top_exporter": "CHN", "supplier_count_latest": 43, "buyer_market_hhi": 1998.48, "distance_km": 9535.7275390625, "has_reported_fta": 1, "applied_tariff_pct": 0.09824198576107072, "tariff_advantage_pp": 0.029297414191717164, "volatility_cv": 0.6208088233528356, "max_drawdown_pct": 93.0839878873939, "attention_level": "High attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": "['unrecovered_drawdown','buyer_macro_weakness']", "signal_flag": "Stable", "confidence_label": "High", "refreshed_at": "2026-07-20 09:30:25" }, { "hs_code": 841440, "corridor_rank": 67, "exporter_iso3": "BEL", "importer_iso3": "TUR", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 3155473.226578428, "exports_all_year_avg_usd": 3357943.419201456, "exports_avg_3y_usd": 2509807.6958615393, "exports_avg_5y_usd": 2105930.8981020786, "exports_avg_10y_usd": 2545451.8156235954, "exports_cagr_3y_pct": 18.96636650269876, "exports_cagr_5y_pct": 40.89630076803146, "exports_cagr_10y_pct": -5.453983853127564, "exports_historical_peak_usd": 8480053.397684574, "buyer_imports_latest_observed_usd": 12693781.54208219, "historical_peak_year": 2013, "positive_growth_year_share_pct": 56, "trend_acceleration_pct": 24.420350355826326, "trend_label": "Rapid growth", "buyer_yoy_latest_pct": 8.6437, "buyer_yoy_all_avg_pct": 13.6825, "buyer_trend_consistency_pct": 51.7241, "market_share_latest_pct": 24.85841761272999, "market_share_change_1y_pp": -0.5269326558104339, "peer_best_share_pct": 34.18233805935465, "peer_top_exporter": "CHN", "supplier_count_latest": 32, "buyer_market_hhi": 2169.23, "distance_km": 2179.3916015625, "has_reported_fta": 1, "applied_tariff_pct": 0.07943356052620203, "tariff_advantage_pp": 0.07065853177226666, "volatility_cv": 0.6479861521616769, "max_drawdown_pct": 93.29856270314771, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": "['unrecovered_drawdown']", "signal_flag": "Growing", "confidence_label": "High", "refreshed_at": "2026-07-20 09:30:25" }, { "hs_code": 841440, "corridor_rank": 72, "exporter_iso3": "BEL", "importer_iso3": "PER", "latest_data_year": 2024, "lane_data_years": 26, "exports_latest_observed_usd": 3043302.1042653793, "exports_all_year_avg_usd": 1603559.7201361565, "exports_avg_3y_usd": 3241028.508477798, "exports_avg_5y_usd": 2762708.6171844993, "exports_avg_10y_usd": 2235298.0848170794, "exports_cagr_3y_pct": 6.832536626947694, "exports_cagr_5y_pct": 10.591758911865234, "exports_cagr_10y_pct": 6.06221473401245, "exports_historical_peak_usd": 4136058.9313738965, "buyer_imports_latest_observed_usd": 13605950.434670145, "historical_peak_year": 2012, "positive_growth_year_share_pct": 60, "trend_acceleration_pct": 0.770321892935244, "trend_label": "Growing", "buyer_yoy_latest_pct": 0.7141, "buyer_yoy_all_avg_pct": 15.1531, "buyer_trend_consistency_pct": 51.7241, "market_share_latest_pct": 22.36743488724284, "market_share_change_1y_pp": -2.5946910358864557, "peer_best_share_pct": 29.2740848347342, "peer_top_exporter": "CHN", "supplier_count_latest": 27, "buyer_market_hhi": 2078.71, "distance_km": 10464.7978515625, "has_reported_fta": 1, "applied_tariff_pct": 0.1347220123208081, "tariff_advantage_pp": 0.11326388368323234, "volatility_cv": 0.7297866478519281, "max_drawdown_pct": 69.18673419419677, "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" } ], "prices": [], "priceSummary": { "exporter_iso3": "BEL", "hs_code": 841440, "num_markets": 154, "highest_price_importer_iso3": "TCD", "highest_price_usd_per_ton": 841288.8540031397, "lowest_price_importer_iso3": "HUN", "lowest_price_usd_per_ton": 171.90305206463194, "median_price_across_markets": 13004.681230494874, "price_spread_pct": 6467.801371237975, "avg_quantity_metric_tons": 114.4263125, "total_trade_value_usd": 903917993 }, "history": [ { "year": 2010, "export_value_usd": 177099654.60884666, "active_destinations": 133, "yoy_growth_pct": 48.047698192123555 }, { "year": 2011, "export_value_usd": 280969541.47450876, "active_destinations": 142, "yoy_growth_pct": 58.650530457033135 }, { "year": 2012, "export_value_usd": 237729352.33788398, "active_destinations": 133, "yoy_growth_pct": -15.389635798137855 }, { "year": 2013, "export_value_usd": 217036351.46884432, "active_destinations": 142, "yoy_growth_pct": -8.704436648457595 }, { "year": 2014, "export_value_usd": 180046080.42220423, "active_destinations": 130, "yoy_growth_pct": -17.04335278228729 }, { "year": 2015, "export_value_usd": 149255539.4835121, "active_destinations": 129, "yoy_growth_pct": -17.10147805855532 }, { "year": 2016, "export_value_usd": 137531493.17937356, "active_destinations": 135, "yoy_growth_pct": -7.855015863872622 }, { "year": 2017, "export_value_usd": 167620158.1508648, "active_destinations": 143, "yoy_growth_pct": 21.87765454727414 }, { "year": 2018, "export_value_usd": 210928321.97824472, "active_destinations": 140, "yoy_growth_pct": 25.837085649567783 }, { "year": 2019, "export_value_usd": 182511516.97330534, "active_destinations": 131, "yoy_growth_pct": -13.472256707124567 }, { "year": 2020, "export_value_usd": 134221676.1973545, "active_destinations": 128, "yoy_growth_pct": -26.458517016772078 }, { "year": 2021, "export_value_usd": 141122642.33192897, "active_destinations": 123, "yoy_growth_pct": 5.141469194906755 }, { "year": 2022, "export_value_usd": 160838681.49089617, "active_destinations": 128, "yoy_growth_pct": 13.970854593690134 }, { "year": 2023, "export_value_usd": 234640789.96477723, "active_destinations": 120, "yoy_growth_pct": 45.88579550004483 }, { "year": 2024, "export_value_usd": 210384773.47126624, "active_destinations": 130, "yoy_growth_pct": -10.33751058251728 } ], "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 } } ```