{
  "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/848110",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/848110",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/848110",
    "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": "848110",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 181,
    "current_lane_count": 148,
    "active_market_count": 148,
    "exports_latest_observed_lanes_usd": 16379632.638877816,
    "exports_current_2024_usd": 16248502.44653825,
    "exports_avg_3y_usd": 16179765.3522408,
    "exports_avg_5y_usd": 14762465.64639062,
    "exports_avg_10y_usd": 15175113.127242917,
    "exports_cagr_3y_pct": 6.532758450015619,
    "exports_cagr_5y_pct": 4.79463274382983,
    "exports_cagr_10y_pct": -2.7928149732019625,
    "exports_all_year_lane_avg_usd": 18964094.25460103,
    "exports_historical_lane_peak_usd": 85823838.05907524,
    "historical_peak_year": 2008,
    "positive_growth_year_share_pct": 52,
    "trend_acceleration_pct": 9.32557342321758,
    "trend_label": "Growing",
    "top_market_iso3": "NLD",
    "top_market_exports_usd": 2272923.380768536,
    "top_market_share_pct": 13.876522330382718,
    "destination_hhi": 514.7686683972611,
    "weighted_share_latest_pct": 3.5408386596465293,
    "weighted_share_change_1y_pp": 0.2899197501821664,
    "weighted_volatility_cv": 1.1065898727945942,
    "weighted_max_drawdown_pct": 87.8422974062053,
    "limited_history_lane_share_pct": 12.154696132596685,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 848110,
      "hs_description": "Valves: pressure reducing, for pipes, boiler shells, tanks, vats or the like",
      "hs_chapter": 84,
      "hs_heading": 8481,
      "substitution_elasticity": -5.558393,
      "price_range_label": "Low price range",
      "trade_type_label": "Two-way vertical trade"
    },
    "hs_description": "Valves: pressure reducing, for pipes, boiler shells, tanks, vats or the like",
    "hs_chapter": 84,
    "hs_heading": 8481,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 848110,
      "num_markets": 156,
      "highest_price_importer_iso3": "BIH",
      "highest_price_usd_per_ton": 3110000,
      "lowest_price_importer_iso3": "SUR",
      "lowest_price_usd_per_ton": 333.3333333333333,
      "median_price_across_markets": 60117.64705882353,
      "price_spread_pct": 5172.635355512067,
      "avg_quantity_metric_tons": 3.5448298816568045,
      "total_trade_value_usd": 72920238
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 30118508.510515135,
        "active_destinations": 133,
        "yoy_growth_pct": 14.728301038848358
      },
      {
        "year": 2011,
        "export_value_usd": 34661470.15402881,
        "active_destinations": 134,
        "yoy_growth_pct": 15.08362089685687
      },
      {
        "year": 2012,
        "export_value_usd": 23733978.14975333,
        "active_destinations": 138,
        "yoy_growth_pct": -31.52633732993967
      },
      {
        "year": 2013,
        "export_value_usd": 24153514.208913147,
        "active_destinations": 134,
        "yoy_growth_pct": 1.767660088471849
      },
      {
        "year": 2014,
        "export_value_usd": 21568983.197783504,
        "active_destinations": 138,
        "yoy_growth_pct": -10.700434681160798
      },
      {
        "year": 2015,
        "export_value_usd": 18059075.887635272,
        "active_destinations": 130,
        "yoy_growth_pct": -16.27293821856619
      },
      {
        "year": 2016,
        "export_value_usd": 16436826.144590396,
        "active_destinations": 145,
        "yoy_growth_pct": -8.98301636882539
      },
      {
        "year": 2017,
        "export_value_usd": 16484928.6862642,
        "active_destinations": 145,
        "yoy_growth_pct": 0.2926510340296747
      },
      {
        "year": 2018,
        "export_value_usd": 14101608.911115728,
        "active_destinations": 148,
        "yoy_growth_pct": -14.457568003520297
      },
      {
        "year": 2019,
        "export_value_usd": 12856363.41087044,
        "active_destinations": 153,
        "yoy_growth_pct": -8.830520744790414
      },
      {
        "year": 2020,
        "export_value_usd": 11834129.056723153,
        "active_destinations": 142,
        "yoy_growth_pct": -7.951193673344341
      },
      {
        "year": 2021,
        "export_value_usd": 13438903.118507553,
        "active_destinations": 142,
        "yoy_growth_pct": 13.560559075301807
      },
      {
        "year": 2022,
        "export_value_usd": 13919886.616149481,
        "active_destinations": 150,
        "yoy_growth_pct": 3.57903835901262
      },
      {
        "year": 2023,
        "export_value_usd": 18370906.994034678,
        "active_destinations": 145,
        "yoy_growth_pct": 31.97598156238745
      },
      {
        "year": 2024,
        "export_value_usd": 16248502.44653825,
        "active_destinations": 148,
        "yoy_growth_pct": -11.553074370174564
      }
    ],
    "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": "848110",
    "hs_description": "Valves: pressure reducing, for pipes, boiler shells, tanks, vats or the like",
    "hs_chapter": 84,
    "hs_heading": 8481
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 848110,
    "num_markets": 156,
    "highest_price_importer_iso3": "BIH",
    "highest_price_usd_per_ton": 3110000,
    "lowest_price_importer_iso3": "SUR",
    "lowest_price_usd_per_ton": 333.3333333333333,
    "median_price_across_markets": 60117.64705882353,
    "price_spread_pct": 5172.635355512067,
    "avg_quantity_metric_tons": 3.5448298816568045,
    "total_trade_value_usd": 72920238
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 30118508.510515135,
      "active_destinations": 133,
      "yoy_growth_pct": 14.728301038848358
    },
    {
      "year": 2011,
      "export_value_usd": 34661470.15402881,
      "active_destinations": 134,
      "yoy_growth_pct": 15.08362089685687
    },
    {
      "year": 2012,
      "export_value_usd": 23733978.14975333,
      "active_destinations": 138,
      "yoy_growth_pct": -31.52633732993967
    },
    {
      "year": 2013,
      "export_value_usd": 24153514.208913147,
      "active_destinations": 134,
      "yoy_growth_pct": 1.767660088471849
    },
    {
      "year": 2014,
      "export_value_usd": 21568983.197783504,
      "active_destinations": 138,
      "yoy_growth_pct": -10.700434681160798
    },
    {
      "year": 2015,
      "export_value_usd": 18059075.887635272,
      "active_destinations": 130,
      "yoy_growth_pct": -16.27293821856619
    },
    {
      "year": 2016,
      "export_value_usd": 16436826.144590396,
      "active_destinations": 145,
      "yoy_growth_pct": -8.98301636882539
    },
    {
      "year": 2017,
      "export_value_usd": 16484928.6862642,
      "active_destinations": 145,
      "yoy_growth_pct": 0.2926510340296747
    },
    {
      "year": 2018,
      "export_value_usd": 14101608.911115728,
      "active_destinations": 148,
      "yoy_growth_pct": -14.457568003520297
    },
    {
      "year": 2019,
      "export_value_usd": 12856363.41087044,
      "active_destinations": 153,
      "yoy_growth_pct": -8.830520744790414
    },
    {
      "year": 2020,
      "export_value_usd": 11834129.056723153,
      "active_destinations": 142,
      "yoy_growth_pct": -7.951193673344341
    },
    {
      "year": 2021,
      "export_value_usd": 13438903.118507553,
      "active_destinations": 142,
      "yoy_growth_pct": 13.560559075301807
    },
    {
      "year": 2022,
      "export_value_usd": 13919886.616149481,
      "active_destinations": 150,
      "yoy_growth_pct": 3.57903835901262
    },
    {
      "year": 2023,
      "export_value_usd": 18370906.994034678,
      "active_destinations": 145,
      "yoy_growth_pct": 31.97598156238745
    },
    {
      "year": 2024,
      "export_value_usd": 16248502.44653825,
      "active_destinations": 148,
      "yoy_growth_pct": -11.553074370174564
    }
  ],
  "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
  }
}