{
  "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/848120",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/848120",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/848120",
    "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": "848120",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 186,
    "current_lane_count": 162,
    "active_market_count": 162,
    "exports_latest_observed_lanes_usd": 184156414.3554352,
    "exports_current_2024_usd": 184136715.97886404,
    "exports_avg_3y_usd": 179622005.0729128,
    "exports_avg_5y_usd": 178385835.5928645,
    "exports_avg_10y_usd": 191564281.40112203,
    "exports_cagr_3y_pct": -3.233354814129563,
    "exports_cagr_5y_pct": 1.7042147901644267,
    "exports_cagr_10y_pct": -2.3102367331488405,
    "exports_all_year_lane_avg_usd": 168047967.0525214,
    "exports_historical_lane_peak_usd": 489968586.848175,
    "historical_peak_year": 2007,
    "positive_growth_year_share_pct": 44,
    "trend_acceleration_pct": -0.9231180809807227,
    "trend_label": "Declining",
    "top_market_iso3": "DEU",
    "top_market_exports_usd": 68514215.7180197,
    "top_market_share_pct": 37.20436019447159,
    "destination_hhi": 1723.394790795162,
    "weighted_share_latest_pct": 3.847611702486095,
    "weighted_share_change_1y_pp": 0.2891942086096797,
    "weighted_volatility_cv": 0.8701008886880017,
    "weighted_max_drawdown_pct": 90.03162966315615,
    "limited_history_lane_share_pct": 10.21505376344086,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 848120,
      "hs_description": "Valves: for oleohydraulic or pneumatic transmissions",
      "hs_chapter": 84,
      "hs_heading": 8481,
      "substitution_elasticity": -3.5055051,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Valves: for oleohydraulic or pneumatic transmissions",
    "hs_chapter": 84,
    "hs_heading": 8481,
    "destinations": [
      {
        "hs_code": 848120,
        "corridor_rank": 42,
        "exporter_iso3": "BEL",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 68514215.7180197,
        "exports_all_year_avg_usd": 81201450.87508965,
        "exports_avg_3y_usd": 71681719.6827815,
        "exports_avg_5y_usd": 71489195.29879455,
        "exports_avg_10y_usd": 68180928.34385791,
        "exports_cagr_3y_pct": -4.444751787413026,
        "exports_cagr_5y_pct": 1.009041354800444,
        "exports_cagr_10y_pct": -5.763853339317848,
        "exports_historical_peak_usd": 165920598.1491785,
        "buyer_imports_latest_observed_usd": 1440032625.5849419,
        "historical_peak_year": 2007,
        "positive_growth_year_share_pct": 36,
        "trend_acceleration_pct": 1.3191015519048221,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -8.7672,
        "buyer_yoy_all_avg_pct": 7.735,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 4.757823850705408,
        "market_share_change_1y_pp": -0.29337515455255936,
        "peer_best_share_pct": 15.82772613017529,
        "peer_top_exporter": "POL",
        "supplier_count_latest": 96,
        "buyer_market_hhi": 867.17,
        "distance_km": 196.8760986328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.5144859138156794,
        "max_drawdown_pct": 97.96413371094437,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 848120,
      "num_markets": 170,
      "highest_price_importer_iso3": "ECU",
      "highest_price_usd_per_ton": 20457500,
      "lowest_price_importer_iso3": "NAM",
      "lowest_price_usd_per_ton": 1041.340782122905,
      "median_price_across_markets": 85828.3378746594,
      "price_spread_pct": 23834.15450627944,
      "avg_quantity_metric_tons": 21.508028340080973,
      "total_trade_value_usd": 992235418
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 203806417.56024224,
        "active_destinations": 153,
        "yoy_growth_pct": -0.10557995036937261
      },
      {
        "year": 2011,
        "export_value_usd": 244204416.61906636,
        "active_destinations": 153,
        "yoy_growth_pct": 19.821750238499263
      },
      {
        "year": 2012,
        "export_value_usd": 195068097.70960492,
        "active_destinations": 150,
        "yoy_growth_pct": -20.120978805272394
      },
      {
        "year": 2013,
        "export_value_usd": 217042444.4936992,
        "active_destinations": 152,
        "yoy_growth_pct": 11.264961847737485
      },
      {
        "year": 2014,
        "export_value_usd": 232621483.8364645,
        "active_destinations": 149,
        "yoy_growth_pct": 7.177876833771822
      },
      {
        "year": 2015,
        "export_value_usd": 206593529.04075575,
        "active_destinations": 147,
        "yoy_growth_pct": -11.188972904156474
      },
      {
        "year": 2016,
        "export_value_usd": 214995429.3557979,
        "active_destinations": 153,
        "yoy_growth_pct": 4.066874869727722
      },
      {
        "year": 2017,
        "export_value_usd": 232800676.6346752,
        "active_destinations": 154,
        "yoy_growth_pct": 8.281686421068631
      },
      {
        "year": 2018,
        "export_value_usd": 200106359.59226435,
        "active_destinations": 153,
        "yoy_growth_pct": -14.043909800879458
      },
      {
        "year": 2019,
        "export_value_usd": 169217641.42340484,
        "active_destinations": 156,
        "yoy_growth_pct": -15.436150171238033
      },
      {
        "year": 2020,
        "export_value_usd": 149844616.96136135,
        "active_destinations": 151,
        "yoy_growth_pct": -11.448584378723039
      },
      {
        "year": 2021,
        "export_value_usd": 203218545.78422293,
        "active_destinations": 159,
        "yoy_growth_pct": 35.61951700715714
      },
      {
        "year": 2022,
        "export_value_usd": 168665985.43373692,
        "active_destinations": 160,
        "yoy_growth_pct": -17.00266096145273
      },
      {
        "year": 2023,
        "export_value_usd": 186063313.8061376,
        "active_destinations": 156,
        "yoy_growth_pct": 10.314663224871435
      },
      {
        "year": 2024,
        "export_value_usd": 184136715.9788639,
        "active_destinations": 162,
        "yoy_growth_pct": -1.0354528186470173
      }
    ],
    "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": "848120",
    "hs_description": "Valves: for oleohydraulic or pneumatic transmissions",
    "hs_chapter": 84,
    "hs_heading": 8481
  },
  "destinations": [
    {
      "hs_code": 848120,
      "corridor_rank": 42,
      "exporter_iso3": "BEL",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 68514215.7180197,
      "exports_all_year_avg_usd": 81201450.87508965,
      "exports_avg_3y_usd": 71681719.6827815,
      "exports_avg_5y_usd": 71489195.29879455,
      "exports_avg_10y_usd": 68180928.34385791,
      "exports_cagr_3y_pct": -4.444751787413026,
      "exports_cagr_5y_pct": 1.009041354800444,
      "exports_cagr_10y_pct": -5.763853339317848,
      "exports_historical_peak_usd": 165920598.1491785,
      "buyer_imports_latest_observed_usd": 1440032625.5849419,
      "historical_peak_year": 2007,
      "positive_growth_year_share_pct": 36,
      "trend_acceleration_pct": 1.3191015519048221,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": -8.7672,
      "buyer_yoy_all_avg_pct": 7.735,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 4.757823850705408,
      "market_share_change_1y_pp": -0.29337515455255936,
      "peer_best_share_pct": 15.82772613017529,
      "peer_top_exporter": "POL",
      "supplier_count_latest": 96,
      "buyer_market_hhi": 867.17,
      "distance_km": 196.8760986328125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.5144859138156794,
      "max_drawdown_pct": 97.96413371094437,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 848120,
    "num_markets": 170,
    "highest_price_importer_iso3": "ECU",
    "highest_price_usd_per_ton": 20457500,
    "lowest_price_importer_iso3": "NAM",
    "lowest_price_usd_per_ton": 1041.340782122905,
    "median_price_across_markets": 85828.3378746594,
    "price_spread_pct": 23834.15450627944,
    "avg_quantity_metric_tons": 21.508028340080973,
    "total_trade_value_usd": 992235418
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 203806417.56024224,
      "active_destinations": 153,
      "yoy_growth_pct": -0.10557995036937261
    },
    {
      "year": 2011,
      "export_value_usd": 244204416.61906636,
      "active_destinations": 153,
      "yoy_growth_pct": 19.821750238499263
    },
    {
      "year": 2012,
      "export_value_usd": 195068097.70960492,
      "active_destinations": 150,
      "yoy_growth_pct": -20.120978805272394
    },
    {
      "year": 2013,
      "export_value_usd": 217042444.4936992,
      "active_destinations": 152,
      "yoy_growth_pct": 11.264961847737485
    },
    {
      "year": 2014,
      "export_value_usd": 232621483.8364645,
      "active_destinations": 149,
      "yoy_growth_pct": 7.177876833771822
    },
    {
      "year": 2015,
      "export_value_usd": 206593529.04075575,
      "active_destinations": 147,
      "yoy_growth_pct": -11.188972904156474
    },
    {
      "year": 2016,
      "export_value_usd": 214995429.3557979,
      "active_destinations": 153,
      "yoy_growth_pct": 4.066874869727722
    },
    {
      "year": 2017,
      "export_value_usd": 232800676.6346752,
      "active_destinations": 154,
      "yoy_growth_pct": 8.281686421068631
    },
    {
      "year": 2018,
      "export_value_usd": 200106359.59226435,
      "active_destinations": 153,
      "yoy_growth_pct": -14.043909800879458
    },
    {
      "year": 2019,
      "export_value_usd": 169217641.42340484,
      "active_destinations": 156,
      "yoy_growth_pct": -15.436150171238033
    },
    {
      "year": 2020,
      "export_value_usd": 149844616.96136135,
      "active_destinations": 151,
      "yoy_growth_pct": -11.448584378723039
    },
    {
      "year": 2021,
      "export_value_usd": 203218545.78422293,
      "active_destinations": 159,
      "yoy_growth_pct": 35.61951700715714
    },
    {
      "year": 2022,
      "export_value_usd": 168665985.43373692,
      "active_destinations": 160,
      "yoy_growth_pct": -17.00266096145273
    },
    {
      "year": 2023,
      "export_value_usd": 186063313.8061376,
      "active_destinations": 156,
      "yoy_growth_pct": 10.314663224871435
    },
    {
      "year": 2024,
      "export_value_usd": 184136715.9788639,
      "active_destinations": 162,
      "yoy_growth_pct": -1.0354528186470173
    }
  ],
  "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
  }
}