# Belgium HS 841950 exports | Yugalinks

Explore reported HS 841950 exports from Belgium: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Belgium |
| HS6 | 841950 |
| Latest exports | $166.3M |
| Active destinations | 146 |
| Three-year growth | +9.4% |
| Destination HHI | 886 |
| Weighted share | 2.6% |

## Destination markets

- China: $36.9M; share 4%; growth +31.6%

## Price intelligence

- Highest reported market price: Peru at $2.5M / ton.
- Lowest reported market price: Libya at $807.1 / ton.
- Median reported price: $31.1K / ton.
- Price spread: 8,186.3%.

## Export history

- 2010: $125.5M
- 2011: $132.3M
- 2012: $171.9M
- 2013: $135.0M
- 2014: $145.3M
- 2015: $120.4M
- 2016: $108.9M
- 2017: $108.7M
- 2018: $113.7M
- 2019: $130.1M
- 2020: $144.0M
- 2021: $124.2M
- 2022: $129.8M
- 2023: $157.3M
- 2024: $162.5M

## 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/841950",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/841950",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/841950",
    "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": "841950",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 183,
    "current_lane_count": 146,
    "active_market_count": 146,
    "exports_latest_observed_lanes_usd": 166318706.08137506,
    "exports_current_2024_usd": 162521015.66078386,
    "exports_avg_3y_usd": 149878548.29805923,
    "exports_avg_5y_usd": 143563823.37180597,
    "exports_avg_10y_usd": 129955264.21924844,
    "exports_cagr_3y_pct": 9.380298220938554,
    "exports_cagr_5y_pct": 4.547005101513846,
    "exports_cagr_10y_pct": 1.1248959685188575,
    "exports_all_year_lane_avg_usd": 113311020.77059542,
    "exports_historical_lane_peak_usd": 401940014.37195957,
    "historical_peak_year": 2012,
    "positive_growth_year_share_pct": 56,
    "trend_acceleration_pct": 8.255402252419696,
    "trend_label": "Growing",
    "top_market_iso3": "CHN",
    "top_market_exports_usd": 36948110.134034075,
    "top_market_share_pct": 22.215246260968627,
    "destination_hhi": 886.3469963992203,
    "weighted_share_latest_pct": 2.635254017674497,
    "weighted_share_change_1y_pp": 0.2687306109418798,
    "weighted_volatility_cv": 0.8077850093077117,
    "weighted_max_drawdown_pct": 74.89435366287573,
    "limited_history_lane_share_pct": 13.66120218579235,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 841950,
      "hs_description": "Heat exchange units: not used for domestic purposes",
      "hs_chapter": 84,
      "hs_heading": 8419,
      "substitution_elasticity": -2.5478725,
      "price_range_label": "Medium price range",
      "trade_type_label": "Two-way horizontal trade"
    },
    "hs_description": "Heat exchange units: not used for domestic purposes",
    "hs_chapter": 84,
    "hs_heading": 8419,
    "destinations": [
      {
        "hs_code": 841950,
        "corridor_rank": 83,
        "exporter_iso3": "BEL",
        "importer_iso3": "CHN",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 36948110.134034075,
        "exports_all_year_avg_usd": 15034529.11319132,
        "exports_avg_3y_usd": 29976481.30060302,
        "exports_avg_5y_usd": 30650194.583313238,
        "exports_avg_10y_usd": 22748233.408403315,
        "exports_cagr_3y_pct": 31.634826135287454,
        "exports_cagr_5y_pct": 3.7665750647407847,
        "exports_cagr_10y_pct": -0.3697757998306739,
        "exports_historical_peak_usd": 47122841.894867264,
        "buyer_imports_latest_observed_usd": 918693069.1933283,
        "historical_peak_year": 2020,
        "positive_growth_year_share_pct": 52,
        "trend_acceleration_pct": 32.00460193511813,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 7.7114,
        "buyer_yoy_all_avg_pct": 10.9078,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 4.021812221406754,
        "market_share_change_1y_pp": 0.7292729552567576,
        "peer_best_share_pct": 17.89029491045449,
        "peer_top_exporter": "RUS",
        "supplier_count_latest": 65,
        "buyer_market_hhi": 1002.48,
        "distance_km": 7970.81982421875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.30189875567878793,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.8517468531340793,
        "max_drawdown_pct": 92.06158088471705,
        "attention_level": "Watch",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "['long_distance_without_fta']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 841950,
      "num_markets": 172,
      "highest_price_importer_iso3": "PER",
      "highest_price_usd_per_ton": 2544166.6666666665,
      "lowest_price_importer_iso3": "LBY",
      "lowest_price_usd_per_ton": 807.1428571428571,
      "median_price_across_markets": 31068.338983050846,
      "price_spread_pct": 8186.3389130556325,
      "avg_quantity_metric_tons": 54.214916312056744,
      "total_trade_value_usd": 682733424
    },
    "history": [
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        "year": 2010,
        "export_value_usd": 125521483.85413107,
        "active_destinations": 126,
        "yoy_growth_pct": -1.0745892084109507
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        "export_value_usd": 132272279.04141425,
        "active_destinations": 141,
        "yoy_growth_pct": 5.378198998291237
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        "export_value_usd": 171896833.5474651,
        "active_destinations": 135,
        "yoy_growth_pct": 29.956809388340886
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      {
        "year": 2013,
        "export_value_usd": 135026208.4855322,
        "active_destinations": 133,
        "yoy_growth_pct": -21.44927530136963
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      {
        "year": 2014,
        "export_value_usd": 145321090.87953895,
        "active_destinations": 135,
        "yoy_growth_pct": 7.62435864079664
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      {
        "year": 2015,
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        "active_destinations": 137,
        "yoy_growth_pct": -17.150214949897393
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      {
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        "export_value_usd": 108890466.71167827,
        "active_destinations": 147,
        "yoy_growth_pct": -9.558069491374031
      },
      {
        "year": 2017,
        "export_value_usd": 108654282.98215412,
        "active_destinations": 148,
        "yoy_growth_pct": -0.2169002821427161
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      {
        "year": 2018,
        "export_value_usd": 113668319.67449383,
        "active_destinations": 145,
        "yoy_growth_pct": 4.614670084531547
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      {
        "year": 2019,
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        "active_destinations": 146,
        "yoy_growth_pct": 14.47538321283405
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      {
        "year": 2020,
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        "active_destinations": 144,
        "yoy_growth_pct": 10.658921994257172
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        "year": 2021,
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        "active_destinations": 147,
        "yoy_growth_pct": -13.750966477834453
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        "year": 2022,
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        "active_destinations": 145,
        "yoy_growth_pct": 4.553325473252194
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      {
        "year": 2023,
        "export_value_usd": 157268182.64250016,
        "active_destinations": 145,
        "yoy_growth_pct": 21.118587971840412
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      {
        "year": 2024,
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        "active_destinations": 146,
        "yoy_growth_pct": 3.340048145799727
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    ],
    "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,
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      "avg_buyer_biz_entry_days": null,
      "avg_buyer_biz_entry_cost_pct": null,
      "pct_partners_with_fta": 40,
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      "avg_applied_tariff_pct": 0.12805616369601877,
      "avg_mfn_tariff_pct": 0.13052375531925514,
      "avg_preferential_tariff_pct": 0.024784923491291154,
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      "num_border_partners": 132,
      "num_colonial_partners": 66,
      "avg_substitution_elasticity": -10.86773380919456,
      "pct_products_high_elasticity": 75.91257847012322,
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    "countryMap": {}
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  "product": {
    "hs_code": "841950",
    "hs_description": "Heat exchange units: not used for domestic purposes",
    "hs_chapter": 84,
    "hs_heading": 8419
  },
  "destinations": [
    {
      "hs_code": 841950,
      "corridor_rank": 83,
      "exporter_iso3": "BEL",
      "importer_iso3": "CHN",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 36948110.134034075,
      "exports_all_year_avg_usd": 15034529.11319132,
      "exports_avg_3y_usd": 29976481.30060302,
      "exports_avg_5y_usd": 30650194.583313238,
      "exports_avg_10y_usd": 22748233.408403315,
      "exports_cagr_3y_pct": 31.634826135287454,
      "exports_cagr_5y_pct": 3.7665750647407847,
      "exports_cagr_10y_pct": -0.3697757998306739,
      "exports_historical_peak_usd": 47122841.894867264,
      "buyer_imports_latest_observed_usd": 918693069.1933283,
      "historical_peak_year": 2020,
      "positive_growth_year_share_pct": 52,
      "trend_acceleration_pct": 32.00460193511813,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 7.7114,
      "buyer_yoy_all_avg_pct": 10.9078,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 4.021812221406754,
      "market_share_change_1y_pp": 0.7292729552567576,
      "peer_best_share_pct": 17.89029491045449,
      "peer_top_exporter": "RUS",
      "supplier_count_latest": 65,
      "buyer_market_hhi": 1002.48,
      "distance_km": 7970.81982421875,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.30189875567878793,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.8517468531340793,
      "max_drawdown_pct": 92.06158088471705,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "['long_distance_without_fta']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 841950,
    "num_markets": 172,
    "highest_price_importer_iso3": "PER",
    "highest_price_usd_per_ton": 2544166.6666666665,
    "lowest_price_importer_iso3": "LBY",
    "lowest_price_usd_per_ton": 807.1428571428571,
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    "price_spread_pct": 8186.3389130556325,
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    {
      "year": 2015,
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    {
      "year": 2016,
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      "active_destinations": 147,
      "yoy_growth_pct": -9.558069491374031
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    {
      "year": 2017,
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      "yoy_growth_pct": -0.2169002821427161
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    {
      "year": 2018,
      "export_value_usd": 113668319.67449383,
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    {
      "year": 2019,
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    {
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    {
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    {
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    {
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    {
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    "num_active_partners": 270,
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    "num_eu_partners": 28,
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    "avg_mfn_tariff_pct": 0.13052375531925514,
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    "tariff_advantage_pp": 0.10573883182796398,
    "avg_distance_all_partners_km": 6629.935732142248,
    "num_border_partners": 132,
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    "pct_products_high_elasticity": 75.91257847012322,
    "pct_products_low_elasticity": 2.6737967914438503,
    "real_market_potential": 1056408.5931701933,
    "foreign_market_potential": 65137.21681860446
  }
}
```