{
  "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/841861",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/841861",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/841861",
    "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": "841861",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 154,
    "current_lane_count": 65,
    "active_market_count": 65,
    "exports_latest_observed_lanes_usd": 80589859.42828886,
    "exports_current_2024_usd": 78424694.31487584,
    "exports_avg_3y_usd": 91082543.81816678,
    "exports_avg_5y_usd": 79847719.97593136,
    "exports_avg_10y_usd": 46077289.10982991,
    "exports_cagr_3y_pct": -11.372983071031106,
    "exports_cagr_5y_pct": 40.99283587888678,
    "exports_cagr_10y_pct": 17.120523787643084,
    "exports_all_year_lane_avg_usd": 30727563.327486537,
    "exports_historical_lane_peak_usd": 255570747.53256336,
    "historical_peak_year": 2021,
    "positive_growth_year_share_pct": 52,
    "trend_acceleration_pct": -28.493506858674188,
    "trend_label": "Rapid decline",
    "top_market_iso3": "GBR",
    "top_market_exports_usd": 17107775.92270456,
    "top_market_share_pct": 21.22819923507565,
    "destination_hhi": 1109.6416788550966,
    "weighted_share_latest_pct": 6.1855043417161895,
    "weighted_share_change_1y_pp": 2.0110453295479056,
    "weighted_volatility_cv": 1.7297490402442388,
    "weighted_max_drawdown_pct": 91.32241083761738,
    "limited_history_lane_share_pct": 29.87012987012987,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 841861,
      "hs_description": "Heat pumps: other than air conditioning machines of heading no. 8415",
      "hs_chapter": 84,
      "hs_heading": 8418,
      "substitution_elasticity": -9.5246401,
      "price_range_label": "Medium price range",
      "trade_type_label": "Two-way horizontal trade"
    },
    "hs_description": "Heat pumps: other than air conditioning machines of heading no. 8415",
    "hs_chapter": 84,
    "hs_heading": 8418,
    "destinations": [
      {
        "hs_code": 841861,
        "corridor_rank": 54,
        "exporter_iso3": "BEL",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 17107775.92270456,
        "exports_all_year_avg_usd": 1904950.707493799,
        "exports_avg_3y_usd": 10907168.364734309,
        "exports_avg_5y_usd": 7914830.170645157,
        "exports_avg_10y_usd": 4135437.3132590232,
        "exports_cagr_3y_pct": 36.06360159038253,
        "exports_cagr_5y_pct": 137.20603875599946,
        "exports_cagr_10y_pct": 46.21293846705721,
        "exports_historical_peak_usd": 17107775.92270456,
        "buyer_imports_latest_observed_usd": 223829926.78751796,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 36,
        "trend_acceleration_pct": -10.149336876674674,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 43.7001,
        "buyer_yoy_all_avg_pct": 4.9806,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 7.643203108825118,
        "market_share_change_1y_pp": 2.8570629666182388,
        "peer_best_share_pct": 17.90771036903115,
        "peer_top_exporter": "JPN",
        "supplier_count_latest": 38,
        "buyer_market_hhi": 1214.07,
        "distance_km": 323.77960205078125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.9868244830747717,
        "max_drawdown_pct": 94.85739169926359,
        "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"
      },
      {
        "hs_code": 841861,
        "corridor_rank": 68,
        "exporter_iso3": "BEL",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 14115082.403386865,
        "exports_all_year_avg_usd": 3087019.6392920013,
        "exports_avg_3y_usd": 15160798.823885666,
        "exports_avg_5y_usd": 11388947.25237212,
        "exports_avg_10y_usd": 6635295.498645589,
        "exports_cagr_3y_pct": 20.02405696271674,
        "exports_cagr_5y_pct": 39.22545095124745,
        "exports_cagr_10y_pct": 31.301808849980596,
        "exports_historical_peak_usd": 17438592.404858097,
        "buyer_imports_latest_observed_usd": 246414890.76574415,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 64,
        "trend_acceleration_pct": -11.277751887263854,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -41.1559,
        "buyer_yoy_all_avg_pct": 9.1347,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 5.72817752998761,
        "market_share_change_1y_pp": 2.4019874116063513,
        "peer_best_share_pct": 16.727685988078235,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 47,
        "buyer_market_hhi": 1149.67,
        "distance_km": 173.03326416015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.510637655071005,
        "max_drawdown_pct": 87.10492509722376,
        "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"
      },
      {
        "hs_code": 841861,
        "corridor_rank": 93,
        "exporter_iso3": "BEL",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 10144719.03036788,
        "exports_all_year_avg_usd": 6311754.420145999,
        "exports_avg_3y_usd": 25763587.101071928,
        "exports_avg_5y_usd": 28517210.69011594,
        "exports_avg_10y_usd": 14827443.639948498,
        "exports_cagr_3y_pct": -45.54750395044588,
        "exports_cagr_5y_pct": 60.38624502762426,
        "exports_cagr_10y_pct": 13.85105705025127,
        "exports_historical_peak_usd": 62832833.74007625,
        "buyer_imports_latest_observed_usd": 280897788.2068841,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 52,
        "trend_acceleration_pct": -59.39856100069715,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -45.7438,
        "buyer_yoy_all_avg_pct": 7.6784,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 3.611533965833931,
        "market_share_change_1y_pp": -1.5980153809217499,
        "peer_best_share_pct": 27.067086969936614,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 45,
        "buyer_market_hhi": 1579.58,
        "distance_km": 262.384521484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 2.282744450347214,
        "max_drawdown_pct": 83.85443019753963,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 841861,
      "num_markets": 106,
      "highest_price_importer_iso3": "JOR",
      "highest_price_usd_per_ton": 3411076.923076923,
      "lowest_price_importer_iso3": "GRC",
      "lowest_price_usd_per_ton": 278.1065088757396,
      "median_price_across_markets": 18573.462708847677,
      "price_spread_pct": 18363.82838264873,
      "avg_quantity_metric_tons": 49.32944372990355,
      "total_trade_value_usd": 252614771
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 9074240.377797812,
        "active_destinations": 63,
        "yoy_growth_pct": -37.97485626358934
      },
      {
        "year": 2011,
        "export_value_usd": 9207206.699758494,
        "active_destinations": 65,
        "yoy_growth_pct": 1.4653162846117052
      },
      {
        "year": 2012,
        "export_value_usd": 8999103.494867632,
        "active_destinations": 65,
        "yoy_growth_pct": -2.2602208430524393
      },
      {
        "year": 2013,
        "export_value_usd": 14732680.338736964,
        "active_destinations": 60,
        "yoy_growth_pct": 63.7127559110672
      },
      {
        "year": 2014,
        "export_value_usd": 16148149.996590002,
        "active_destinations": 66,
        "yoy_growth_pct": 9.607685942464327
      },
      {
        "year": 2015,
        "export_value_usd": 10796852.189111339,
        "active_destinations": 65,
        "yoy_growth_pct": -33.13876703280991
      },
      {
        "year": 2016,
        "export_value_usd": 10386970.706712555,
        "active_destinations": 71,
        "yoy_growth_pct": -3.7963053973467433
      },
      {
        "year": 2017,
        "export_value_usd": 13117234.875809684,
        "active_destinations": 80,
        "yoy_growth_pct": 26.285470963470637
      },
      {
        "year": 2018,
        "export_value_usd": 13157611.126927547,
        "active_destinations": 76,
        "yoy_growth_pct": 0.30781068952514634
      },
      {
        "year": 2019,
        "export_value_usd": 14075622.320081161,
        "active_destinations": 63,
        "yoy_growth_pct": 6.977035453456058
      },
      {
        "year": 2020,
        "export_value_usd": 13334939.288553331,
        "active_destinations": 61,
        "yoy_growth_pct": -5.26216898041606
      },
      {
        "year": 2021,
        "export_value_usd": 112656029.13660316,
        "active_destinations": 64,
        "yoy_growth_pct": 744.818462977981
      },
      {
        "year": 2022,
        "export_value_usd": 100731045.43939349,
        "active_destinations": 63,
        "yoy_growth_pct": -10.585304478244845
      },
      {
        "year": 2023,
        "export_value_usd": 94091891.70023097,
        "active_destinations": 65,
        "yoy_growth_pct": -6.590970748096798
      },
      {
        "year": 2024,
        "export_value_usd": 78424694.31487584,
        "active_destinations": 65,
        "yoy_growth_pct": -16.65095376684479
      }
    ],
    "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": "841861",
    "hs_description": "Heat pumps: other than air conditioning machines of heading no. 8415",
    "hs_chapter": 84,
    "hs_heading": 8418
  },
  "destinations": [
    {
      "hs_code": 841861,
      "corridor_rank": 54,
      "exporter_iso3": "BEL",
      "importer_iso3": "GBR",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 17107775.92270456,
      "exports_all_year_avg_usd": 1904950.707493799,
      "exports_avg_3y_usd": 10907168.364734309,
      "exports_avg_5y_usd": 7914830.170645157,
      "exports_avg_10y_usd": 4135437.3132590232,
      "exports_cagr_3y_pct": 36.06360159038253,
      "exports_cagr_5y_pct": 137.20603875599946,
      "exports_cagr_10y_pct": 46.21293846705721,
      "exports_historical_peak_usd": 17107775.92270456,
      "buyer_imports_latest_observed_usd": 223829926.78751796,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 36,
      "trend_acceleration_pct": -10.149336876674674,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 43.7001,
      "buyer_yoy_all_avg_pct": 4.9806,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 7.643203108825118,
      "market_share_change_1y_pp": 2.8570629666182388,
      "peer_best_share_pct": 17.90771036903115,
      "peer_top_exporter": "JPN",
      "supplier_count_latest": 38,
      "buyer_market_hhi": 1214.07,
      "distance_km": 323.77960205078125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.9868244830747717,
      "max_drawdown_pct": 94.85739169926359,
      "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"
    },
    {
      "hs_code": 841861,
      "corridor_rank": 68,
      "exporter_iso3": "BEL",
      "importer_iso3": "NLD",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 14115082.403386865,
      "exports_all_year_avg_usd": 3087019.6392920013,
      "exports_avg_3y_usd": 15160798.823885666,
      "exports_avg_5y_usd": 11388947.25237212,
      "exports_avg_10y_usd": 6635295.498645589,
      "exports_cagr_3y_pct": 20.02405696271674,
      "exports_cagr_5y_pct": 39.22545095124745,
      "exports_cagr_10y_pct": 31.301808849980596,
      "exports_historical_peak_usd": 17438592.404858097,
      "buyer_imports_latest_observed_usd": 246414890.76574415,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 64,
      "trend_acceleration_pct": -11.277751887263854,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -41.1559,
      "buyer_yoy_all_avg_pct": 9.1347,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 5.72817752998761,
      "market_share_change_1y_pp": 2.4019874116063513,
      "peer_best_share_pct": 16.727685988078235,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 47,
      "buyer_market_hhi": 1149.67,
      "distance_km": 173.03326416015625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.510637655071005,
      "max_drawdown_pct": 87.10492509722376,
      "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"
    },
    {
      "hs_code": 841861,
      "corridor_rank": 93,
      "exporter_iso3": "BEL",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 10144719.03036788,
      "exports_all_year_avg_usd": 6311754.420145999,
      "exports_avg_3y_usd": 25763587.101071928,
      "exports_avg_5y_usd": 28517210.69011594,
      "exports_avg_10y_usd": 14827443.639948498,
      "exports_cagr_3y_pct": -45.54750395044588,
      "exports_cagr_5y_pct": 60.38624502762426,
      "exports_cagr_10y_pct": 13.85105705025127,
      "exports_historical_peak_usd": 62832833.74007625,
      "buyer_imports_latest_observed_usd": 280897788.2068841,
      "historical_peak_year": 2021,
      "positive_growth_year_share_pct": 52,
      "trend_acceleration_pct": -59.39856100069715,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -45.7438,
      "buyer_yoy_all_avg_pct": 7.6784,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 3.611533965833931,
      "market_share_change_1y_pp": -1.5980153809217499,
      "peer_best_share_pct": 27.067086969936614,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 45,
      "buyer_market_hhi": 1579.58,
      "distance_km": 262.384521484375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 2.282744450347214,
      "max_drawdown_pct": 83.85443019753963,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 841861,
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}