{
  "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/850434",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/850434",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/850434",
    "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": "850434",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 165,
    "current_lane_count": 44,
    "active_market_count": 44,
    "exports_latest_observed_lanes_usd": 12063030.6759629,
    "exports_current_2024_usd": 2342232.969664847,
    "exports_avg_3y_usd": 6117676.205230544,
    "exports_avg_5y_usd": 4667910.310708193,
    "exports_avg_10y_usd": 7311648.285484056,
    "exports_cagr_3y_pct": -12.34509259947516,
    "exports_cagr_5y_pct": -11.535802483705226,
    "exports_cagr_10y_pct": -13.273777028759115,
    "exports_all_year_lane_avg_usd": 20738277.391097803,
    "exports_historical_lane_peak_usd": 137979613.65832564,
    "historical_peak_year": 2018,
    "positive_growth_year_share_pct": 52,
    "trend_acceleration_pct": 0.9286844292839547,
    "trend_label": "Rapid decline",
    "top_market_iso3": "TUN",
    "top_market_exports_usd": 5622874.356886074,
    "top_market_share_pct": 46.612451778725514,
    "destination_hhi": 2377.125897139257,
    "weighted_share_latest_pct": 39.62995740630082,
    "weighted_share_change_1y_pp": 33.913786895159014,
    "weighted_volatility_cv": 1.7347609511898565,
    "weighted_max_drawdown_pct": 85.48848481921077,
    "limited_history_lane_share_pct": 41.81818181818182,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 850434,
      "hs_description": "Transformers: n.e.s. in item no. 8504.2, having a power handling capacity exceeding 500kVA",
      "hs_chapter": 85,
      "hs_heading": 8504,
      "substitution_elasticity": -9.3610392,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Transformers: n.e.s. in item no. 8504.2, having a power handling capacity exceeding 500kVA",
    "hs_chapter": 85,
    "hs_heading": 8504,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 850434,
      "num_markets": 89,
      "highest_price_importer_iso3": "ISR",
      "highest_price_usd_per_ton": 3425333.3333333335,
      "lowest_price_importer_iso3": "NLD",
      "lowest_price_usd_per_ton": 14.116480782355534,
      "median_price_across_markets": 10575,
      "price_spread_pct": 32390.72545487046,
      "avg_quantity_metric_tons": 59.586970464135035,
      "total_trade_value_usd": 31630893
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 14482992.587283077,
        "active_destinations": 50,
        "yoy_growth_pct": -54.751036578011814
      },
      {
        "year": 2011,
        "export_value_usd": 5407467.277742613,
        "active_destinations": 49,
        "yoy_growth_pct": -62.66332910719924
      },
      {
        "year": 2012,
        "export_value_usd": 9510316.56403421,
        "active_destinations": 60,
        "yoy_growth_pct": 75.87377002130214
      },
      {
        "year": 2013,
        "export_value_usd": 23177095.86778212,
        "active_destinations": 54,
        "yoy_growth_pct": 143.7047779821806
      },
      {
        "year": 2014,
        "export_value_usd": 9730289.509377277,
        "active_destinations": 53,
        "yoy_growth_pct": -58.01764998994935
      },
      {
        "year": 2015,
        "export_value_usd": 2629819.2413930953,
        "active_destinations": 49,
        "yoy_growth_pct": -72.9728571913643
      },
      {
        "year": 2016,
        "export_value_usd": 5448754.847115813,
        "active_destinations": 56,
        "yoy_growth_pct": 107.19123053603643
      },
      {
        "year": 2017,
        "export_value_usd": 4959853.878992849,
        "active_destinations": 54,
        "yoy_growth_pct": -8.97270994641562
      },
      {
        "year": 2018,
        "export_value_usd": 32415432.23054655,
        "active_destinations": 102,
        "yoy_growth_pct": 553.5561938193398
      },
      {
        "year": 2019,
        "export_value_usd": 4323071.103251277,
        "active_destinations": 52,
        "yoy_growth_pct": -86.66354015425576
      },
      {
        "year": 2020,
        "export_value_usd": 1508748.7162483158,
        "active_destinations": 45,
        "yoy_growth_pct": -65.10007168020849
      },
      {
        "year": 2021,
        "export_value_usd": 3477774.2216010247,
        "active_destinations": 50,
        "yoy_growth_pct": 130.5071867931014
      },
      {
        "year": 2022,
        "export_value_usd": 5335014.884990747,
        "active_destinations": 50,
        "yoy_growth_pct": 53.40314077475463
      },
      {
        "year": 2023,
        "export_value_usd": 10675780.761036038,
        "active_destinations": 51,
        "yoy_growth_pct": 100.1077970948258
      },
      {
        "year": 2024,
        "export_value_usd": 2342232.9696648475,
        "active_destinations": 44,
        "yoy_growth_pct": -78.06031219549375
      }
    ],
    "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": "850434",
    "hs_description": "Transformers: n.e.s. in item no. 8504.2, having a power handling capacity exceeding 500kVA",
    "hs_chapter": 85,
    "hs_heading": 8504
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 850434,
    "num_markets": 89,
    "highest_price_importer_iso3": "ISR",
    "highest_price_usd_per_ton": 3425333.3333333335,
    "lowest_price_importer_iso3": "NLD",
    "lowest_price_usd_per_ton": 14.116480782355534,
    "median_price_across_markets": 10575,
    "price_spread_pct": 32390.72545487046,
    "avg_quantity_metric_tons": 59.586970464135035,
    "total_trade_value_usd": 31630893
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 14482992.587283077,
      "active_destinations": 50,
      "yoy_growth_pct": -54.751036578011814
    },
    {
      "year": 2011,
      "export_value_usd": 5407467.277742613,
      "active_destinations": 49,
      "yoy_growth_pct": -62.66332910719924
    },
    {
      "year": 2012,
      "export_value_usd": 9510316.56403421,
      "active_destinations": 60,
      "yoy_growth_pct": 75.87377002130214
    },
    {
      "year": 2013,
      "export_value_usd": 23177095.86778212,
      "active_destinations": 54,
      "yoy_growth_pct": 143.7047779821806
    },
    {
      "year": 2014,
      "export_value_usd": 9730289.509377277,
      "active_destinations": 53,
      "yoy_growth_pct": -58.01764998994935
    },
    {
      "year": 2015,
      "export_value_usd": 2629819.2413930953,
      "active_destinations": 49,
      "yoy_growth_pct": -72.9728571913643
    },
    {
      "year": 2016,
      "export_value_usd": 5448754.847115813,
      "active_destinations": 56,
      "yoy_growth_pct": 107.19123053603643
    },
    {
      "year": 2017,
      "export_value_usd": 4959853.878992849,
      "active_destinations": 54,
      "yoy_growth_pct": -8.97270994641562
    },
    {
      "year": 2018,
      "export_value_usd": 32415432.23054655,
      "active_destinations": 102,
      "yoy_growth_pct": 553.5561938193398
    },
    {
      "year": 2019,
      "export_value_usd": 4323071.103251277,
      "active_destinations": 52,
      "yoy_growth_pct": -86.66354015425576
    },
    {
      "year": 2020,
      "export_value_usd": 1508748.7162483158,
      "active_destinations": 45,
      "yoy_growth_pct": -65.10007168020849
    },
    {
      "year": 2021,
      "export_value_usd": 3477774.2216010247,
      "active_destinations": 50,
      "yoy_growth_pct": 130.5071867931014
    },
    {
      "year": 2022,
      "export_value_usd": 5335014.884990747,
      "active_destinations": 50,
      "yoy_growth_pct": 53.40314077475463
    },
    {
      "year": 2023,
      "export_value_usd": 10675780.761036038,
      "active_destinations": 51,
      "yoy_growth_pct": 100.1077970948258
    },
    {
      "year": 2024,
      "export_value_usd": 2342232.9696648475,
      "active_destinations": 44,
      "yoy_growth_pct": -78.06031219549375
    }
  ],
  "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
  }
}