{
  "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/851420",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/851420",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/851420",
    "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": "851420",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 124,
    "current_lane_count": 49,
    "active_market_count": 49,
    "exports_latest_observed_lanes_usd": 8034804.505694861,
    "exports_current_2024_usd": 5257641.032133556,
    "exports_avg_3y_usd": 4629253.695120434,
    "exports_avg_5y_usd": 3845471.833415239,
    "exports_avg_10y_usd": 4056956.8781007617,
    "exports_cagr_3y_pct": 26.422052206348678,
    "exports_cagr_5y_pct": 18.386346443756295,
    "exports_cagr_10y_pct": -0.7337129326847602,
    "exports_all_year_lane_avg_usd": 7389624.298299488,
    "exports_historical_lane_peak_usd": 29678351.10944237,
    "historical_peak_year": 2014,
    "positive_growth_year_share_pct": 60,
    "trend_acceleration_pct": 27.155765139033438,
    "trend_label": "Rapid growth",
    "top_market_iso3": "BRA",
    "top_market_exports_usd": 2259707.7883431003,
    "top_market_share_pct": 28.12399214867615,
    "destination_hhi": 1671.2677569181,
    "weighted_share_latest_pct": 14.582351778387691,
    "weighted_share_change_1y_pp": 12.622638443809569,
    "weighted_volatility_cv": 1.110515427884248,
    "weighted_max_drawdown_pct": 91.0781584216111,
    "limited_history_lane_share_pct": 43.54838709677419,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 851420,
      "hs_description": "Furnaces and ovens: electric, for industrial or laboratory use, functioning by induction or dielectric loss",
      "hs_chapter": 85,
      "hs_heading": 8514,
      "substitution_elasticity": -7.3486681,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Furnaces and ovens: electric, for industrial or laboratory use, functioning by induction or dielectric loss",
    "hs_chapter": 85,
    "hs_heading": 8514,
    "destinations": [
      {
        "hs_code": 851420,
        "corridor_rank": 58,
        "exporter_iso3": "BEL",
        "importer_iso3": "CHN",
        "latest_data_year": 2023,
        "lane_data_years": 20,
        "exports_latest_observed_usd": 2034621.3288285248,
        "exports_all_year_avg_usd": 1172134.963085445,
        "exports_avg_3y_usd": 1661774.9012433738,
        "exports_avg_5y_usd": 1162626.3647989354,
        "exports_avg_10y_usd": 1785032.8297760289,
        "exports_cagr_3y_pct": 18.516604186253115,
        "exports_cagr_5y_pct": 3.2115690822357434,
        "exports_cagr_10y_pct": 18.790407972826916,
        "exports_historical_peak_usd": 3864759.5697599268,
        "buyer_imports_latest_observed_usd": 60033587.97861682,
        "historical_peak_year": 2016,
        "positive_growth_year_share_pct": 63.1578947368421,
        "trend_acceleration_pct": -0.2738037865738008,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 32.2514,
        "buyer_yoy_all_avg_pct": 10.0111,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 4.482181375141739,
        "market_share_change_1y_pp": 2.515118536287157,
        "peer_best_share_pct": 31.484186780478513,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 28,
        "buyer_market_hhi": 1732.68,
        "distance_km": 7970.81982421875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.30189875567878793,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.8377860803477987,
        "max_drawdown_pct": 97.28973566628076,
        "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": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 851420,
      "num_markets": 75,
      "highest_price_importer_iso3": "TUN",
      "highest_price_usd_per_ton": 2163000,
      "lowest_price_importer_iso3": "CMR",
      "lowest_price_usd_per_ton": 255.3846153846154,
      "median_price_across_markets": 28102.941176470587,
      "price_spread_pct": 7695.794549772572,
      "avg_quantity_metric_tons": 6.205705607476637,
      "total_trade_value_usd": 20257397
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 4741928.966941871,
        "active_destinations": 42,
        "yoy_growth_pct": 6.294195531617473
      },
      {
        "year": 2011,
        "export_value_usd": 2470832.3213626663,
        "active_destinations": 38,
        "yoy_growth_pct": -47.893940660268115
      },
      {
        "year": 2012,
        "export_value_usd": 3048488.7973599564,
        "active_destinations": 34,
        "yoy_growth_pct": 23.379023780889835
      },
      {
        "year": 2013,
        "export_value_usd": 3943971.1944491686,
        "active_destinations": 32,
        "yoy_growth_pct": 29.37463302685302
      },
      {
        "year": 2014,
        "export_value_usd": 5659435.9834219385,
        "active_destinations": 40,
        "yoy_growth_pct": 43.49587520789078
      },
      {
        "year": 2015,
        "export_value_usd": 5533990.205956833,
        "active_destinations": 39,
        "yoy_growth_pct": -2.21657737330311
      },
      {
        "year": 2016,
        "export_value_usd": 5211632.279079754,
        "active_destinations": 48,
        "yoy_growth_pct": -5.825054163089966
      },
      {
        "year": 2017,
        "export_value_usd": 3841507.1920622666,
        "active_destinations": 42,
        "yoy_growth_pct": -26.289749806742268
      },
      {
        "year": 2018,
        "export_value_usd": 4494172.190963153,
        "active_destinations": 42,
        "yoy_growth_pct": 16.989815878764784
      },
      {
        "year": 2019,
        "export_value_usd": 2260907.745869416,
        "active_destinations": 38,
        "yoy_growth_pct": -49.69245392030969
      },
      {
        "year": 2020,
        "export_value_usd": 2737507.424919439,
        "active_destinations": 38,
        "yoy_growth_pct": 21.08001442875106
      },
      {
        "year": 2021,
        "export_value_usd": 2602090.656795453,
        "active_destinations": 40,
        "yoy_growth_pct": -4.946717838691208
      },
      {
        "year": 2022,
        "export_value_usd": 3267675.917669223,
        "active_destinations": 48,
        "yoy_growth_pct": 25.578865176567568
      },
      {
        "year": 2023,
        "export_value_usd": 5362444.135558525,
        "active_destinations": 58,
        "yoy_growth_pct": 64.10575193709735
      },
      {
        "year": 2024,
        "export_value_usd": 5257641.032133555,
        "active_destinations": 49,
        "yoy_growth_pct": -1.954390587120854
      }
    ],
    "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": "851420",
    "hs_description": "Furnaces and ovens: electric, for industrial or laboratory use, functioning by induction or dielectric loss",
    "hs_chapter": 85,
    "hs_heading": 8514
  },
  "destinations": [
    {
      "hs_code": 851420,
      "corridor_rank": 58,
      "exporter_iso3": "BEL",
      "importer_iso3": "CHN",
      "latest_data_year": 2023,
      "lane_data_years": 20,
      "exports_latest_observed_usd": 2034621.3288285248,
      "exports_all_year_avg_usd": 1172134.963085445,
      "exports_avg_3y_usd": 1661774.9012433738,
      "exports_avg_5y_usd": 1162626.3647989354,
      "exports_avg_10y_usd": 1785032.8297760289,
      "exports_cagr_3y_pct": 18.516604186253115,
      "exports_cagr_5y_pct": 3.2115690822357434,
      "exports_cagr_10y_pct": 18.790407972826916,
      "exports_historical_peak_usd": 3864759.5697599268,
      "buyer_imports_latest_observed_usd": 60033587.97861682,
      "historical_peak_year": 2016,
      "positive_growth_year_share_pct": 63.1578947368421,
      "trend_acceleration_pct": -0.2738037865738008,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 32.2514,
      "buyer_yoy_all_avg_pct": 10.0111,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 4.482181375141739,
      "market_share_change_1y_pp": 2.515118536287157,
      "peer_best_share_pct": 31.484186780478513,
      "peer_top_exporter": "DEU",
      "supplier_count_latest": 28,
      "buyer_market_hhi": 1732.68,
      "distance_km": 7970.81982421875,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.30189875567878793,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.8377860803477987,
      "max_drawdown_pct": 97.28973566628076,
      "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": "Medium",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 851420,
    "num_markets": 75,
    "highest_price_importer_iso3": "TUN",
    "highest_price_usd_per_ton": 2163000,
    "lowest_price_importer_iso3": "CMR",
    "lowest_price_usd_per_ton": 255.3846153846154,
    "median_price_across_markets": 28102.941176470587,
    "price_spread_pct": 7695.794549772572,
    "avg_quantity_metric_tons": 6.205705607476637,
    "total_trade_value_usd": 20257397
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 4741928.966941871,
      "active_destinations": 42,
      "yoy_growth_pct": 6.294195531617473
    },
    {
      "year": 2011,
      "export_value_usd": 2470832.3213626663,
      "active_destinations": 38,
      "yoy_growth_pct": -47.893940660268115
    },
    {
      "year": 2012,
      "export_value_usd": 3048488.7973599564,
      "active_destinations": 34,
      "yoy_growth_pct": 23.379023780889835
    },
    {
      "year": 2013,
      "export_value_usd": 3943971.1944491686,
      "active_destinations": 32,
      "yoy_growth_pct": 29.37463302685302
    },
    {
      "year": 2014,
      "export_value_usd": 5659435.9834219385,
      "active_destinations": 40,
      "yoy_growth_pct": 43.49587520789078
    },
    {
      "year": 2015,
      "export_value_usd": 5533990.205956833,
      "active_destinations": 39,
      "yoy_growth_pct": -2.21657737330311
    },
    {
      "year": 2016,
      "export_value_usd": 5211632.279079754,
      "active_destinations": 48,
      "yoy_growth_pct": -5.825054163089966
    },
    {
      "year": 2017,
      "export_value_usd": 3841507.1920622666,
      "active_destinations": 42,
      "yoy_growth_pct": -26.289749806742268
    },
    {
      "year": 2018,
      "export_value_usd": 4494172.190963153,
      "active_destinations": 42,
      "yoy_growth_pct": 16.989815878764784
    },
    {
      "year": 2019,
      "export_value_usd": 2260907.745869416,
      "active_destinations": 38,
      "yoy_growth_pct": -49.69245392030969
    },
    {
      "year": 2020,
      "export_value_usd": 2737507.424919439,
      "active_destinations": 38,
      "yoy_growth_pct": 21.08001442875106
    },
    {
      "year": 2021,
      "export_value_usd": 2602090.656795453,
      "active_destinations": 40,
      "yoy_growth_pct": -4.946717838691208
    },
    {
      "year": 2022,
      "export_value_usd": 3267675.917669223,
      "active_destinations": 48,
      "yoy_growth_pct": 25.578865176567568
    },
    {
      "year": 2023,
      "export_value_usd": 5362444.135558525,
      "active_destinations": 58,
      "yoy_growth_pct": 64.10575193709735
    },
    {
      "year": 2024,
      "export_value_usd": 5257641.032133555,
      "active_destinations": 49,
      "yoy_growth_pct": -1.954390587120854
    }
  ],
  "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
  }
}