{
  "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/851490",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/851490",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/851490",
    "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": "851490",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 154,
    "current_lane_count": 98,
    "active_market_count": 98,
    "exports_latest_observed_lanes_usd": 25429511.8714678,
    "exports_current_2024_usd": 25309697.86717216,
    "exports_avg_3y_usd": 27848073.706787396,
    "exports_avg_5y_usd": 22608191.89309101,
    "exports_avg_10y_usd": 21016996.628075283,
    "exports_cagr_3y_pct": 20.883838757383376,
    "exports_cagr_5y_pct": 5.511454124180992,
    "exports_cagr_10y_pct": 5.955158100326363,
    "exports_all_year_lane_avg_usd": 17147021.806329656,
    "exports_historical_lane_peak_usd": 95208545.01325673,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 52,
    "trend_acceleration_pct": 14.928680657057013,
    "trend_label": "Rapid growth",
    "top_market_iso3": "CHN",
    "top_market_exports_usd": 12414681.383340491,
    "top_market_share_pct": 48.819975177226674,
    "destination_hhi": 2831.6663014998726,
    "weighted_share_latest_pct": 8.409546360784594,
    "weighted_share_change_1y_pp": 2.976598477466585,
    "weighted_volatility_cv": 1.2027805909667735,
    "weighted_max_drawdown_pct": 95.30660443124782,
    "limited_history_lane_share_pct": 24.025974025974026,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 851490,
      "hs_description": "Furnaces, ovens and heating equipment: parts of the industrial or laboratory equipment of heading no. 8514",
      "hs_chapter": 85,
      "hs_heading": 8514,
      "substitution_elasticity": -7.3486681,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Furnaces, ovens and heating equipment: parts of the industrial or laboratory equipment of heading no. 8514",
    "hs_chapter": 85,
    "hs_heading": 8514,
    "destinations": [
      {
        "hs_code": 851490,
        "corridor_rank": 29,
        "exporter_iso3": "BEL",
        "importer_iso3": "CHN",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 12414681.383340491,
        "exports_all_year_avg_usd": 3190760.391456757,
        "exports_avg_3y_usd": 12119732.81300656,
        "exports_avg_5y_usd": 7754045.120923725,
        "exports_avg_10y_usd": 6087778.200511728,
        "exports_cagr_3y_pct": 83.67608879261259,
        "exports_cagr_5y_pct": 58.10420906270124,
        "exports_cagr_10y_pct": 21.757281612567002,
        "exports_historical_peak_usd": 14542566.361140797,
        "buyer_imports_latest_observed_usd": 88221424.57932778,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 60,
        "trend_acceleration_pct": 61.91880718004559,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -18.1368,
        "buyer_yoy_all_avg_pct": 6.8838,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 14.072184214365466,
        "market_share_change_1y_pp": 5.347843119395799,
        "peer_best_share_pct": 18.26403591945651,
        "peer_top_exporter": "JPN",
        "supplier_count_latest": 54,
        "buyer_market_hhi": 1095.86,
        "distance_km": 7970.81982421875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.30189875567878793,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.3143089673098183,
        "max_drawdown_pct": 98.0544081842941,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','long_distance_without_fta']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 851490,
        "corridor_rank": 96,
        "exporter_iso3": "BEL",
        "importer_iso3": "JPN",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 3965336.2808261886,
        "exports_all_year_avg_usd": 1705652.3239201265,
        "exports_avg_3y_usd": 2269971.508298922,
        "exports_avg_5y_usd": 2548606.011410651,
        "exports_avg_10y_usd": 3114860.425613648,
        "exports_cagr_3y_pct": 21.43195738687489,
        "exports_cagr_5y_pct": -15.243571799458822,
        "exports_cagr_10y_pct": 0.5647763458876076,
        "exports_historical_peak_usd": 9066022.478594664,
        "buyer_imports_latest_observed_usd": 186284552.05647746,
        "historical_peak_year": 2019,
        "positive_growth_year_share_pct": 52,
        "trend_acceleration_pct": 20.86718104098728,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -4.329,
        "buyer_yoy_all_avg_pct": 14.4975,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 2.128644719624408,
        "market_share_change_1y_pp": 1.0104983213817806,
        "peer_best_share_pct": 72.07395104665306,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 42,
        "buyer_market_hhi": 5346.3,
        "distance_km": 9463.2626953125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.039966357792484856,
        "tariff_advantage_pp": 0.030413669105984857,
        "volatility_cv": 1.1508044864120939,
        "max_drawdown_pct": 94.03993419873547,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market','dominant_supplier','buyer_macro_weakness']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 851490,
      "num_markets": 117,
      "highest_price_importer_iso3": "BOL",
      "highest_price_usd_per_ton": 5858500,
      "lowest_price_importer_iso3": "HUN",
      "lowest_price_usd_per_ton": 129.74459724950884,
      "median_price_across_markets": 78878.43704775687,
      "price_spread_pct": 7427.087141516008,
      "avg_quantity_metric_tons": 4.9358407310704955,
      "total_trade_value_usd": 112497167
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 13552203.311800152,
        "active_destinations": 88,
        "yoy_growth_pct": 17.984203495121122
      },
      {
        "year": 2011,
        "export_value_usd": 9757375.466714544,
        "active_destinations": 90,
        "yoy_growth_pct": -28.001556335724253
      },
      {
        "year": 2012,
        "export_value_usd": 19712038.701323673,
        "active_destinations": 91,
        "yoy_growth_pct": 102.02193477710881
      },
      {
        "year": 2013,
        "export_value_usd": 20931313.543756858,
        "active_destinations": 91,
        "yoy_growth_pct": 6.185432470520208
      },
      {
        "year": 2014,
        "export_value_usd": 14192729.392951608,
        "active_destinations": 93,
        "yoy_growth_pct": -32.19379489356106
      },
      {
        "year": 2015,
        "export_value_usd": 21505334.19829849,
        "active_destinations": 98,
        "yoy_growth_pct": 51.523597772381045
      },
      {
        "year": 2016,
        "export_value_usd": 19606517.033780623,
        "active_destinations": 105,
        "yoy_growth_pct": -8.82951711891138
      },
      {
        "year": 2017,
        "export_value_usd": 21158559.333852533,
        "active_destinations": 97,
        "yoy_growth_pct": 7.9159510962495405
      },
      {
        "year": 2018,
        "export_value_usd": 15503785.956382094,
        "active_destinations": 90,
        "yoy_growth_pct": -26.72570134972806
      },
      {
        "year": 2019,
        "export_value_usd": 19354810.29298404,
        "active_destinations": 89,
        "yoy_growth_pct": 24.83925118313879
      },
      {
        "year": 2020,
        "export_value_usd": 15168848.559450919,
        "active_destinations": 91,
        "yoy_growth_pct": -21.627500709994028
      },
      {
        "year": 2021,
        "export_value_usd": 14327889.785641935,
        "active_destinations": 85,
        "yoy_growth_pct": -5.5439855603609836
      },
      {
        "year": 2022,
        "export_value_usd": 30153738.66840545,
        "active_destinations": 81,
        "yoy_growth_pct": 110.4548479890088
      },
      {
        "year": 2023,
        "export_value_usd": 28080784.584784605,
        "active_destinations": 95,
        "yoy_growth_pct": -6.874617129294321
      },
      {
        "year": 2024,
        "export_value_usd": 25309697.86717216,
        "active_destinations": 98,
        "yoy_growth_pct": -9.868266711870797
      }
    ],
    "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": "851490",
    "hs_description": "Furnaces, ovens and heating equipment: parts of the industrial or laboratory equipment of heading no. 8514",
    "hs_chapter": 85,
    "hs_heading": 8514
  },
  "destinations": [
    {
      "hs_code": 851490,
      "corridor_rank": 29,
      "exporter_iso3": "BEL",
      "importer_iso3": "CHN",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 12414681.383340491,
      "exports_all_year_avg_usd": 3190760.391456757,
      "exports_avg_3y_usd": 12119732.81300656,
      "exports_avg_5y_usd": 7754045.120923725,
      "exports_avg_10y_usd": 6087778.200511728,
      "exports_cagr_3y_pct": 83.67608879261259,
      "exports_cagr_5y_pct": 58.10420906270124,
      "exports_cagr_10y_pct": 21.757281612567002,
      "exports_historical_peak_usd": 14542566.361140797,
      "buyer_imports_latest_observed_usd": 88221424.57932778,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 60,
      "trend_acceleration_pct": 61.91880718004559,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -18.1368,
      "buyer_yoy_all_avg_pct": 6.8838,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 14.072184214365466,
      "market_share_change_1y_pp": 5.347843119395799,
      "peer_best_share_pct": 18.26403591945651,
      "peer_top_exporter": "JPN",
      "supplier_count_latest": 54,
      "buyer_market_hhi": 1095.86,
      "distance_km": 7970.81982421875,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.30189875567878793,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.3143089673098183,
      "max_drawdown_pct": 98.0544081842941,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','long_distance_without_fta']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 851490,
      "corridor_rank": 96,
      "exporter_iso3": "BEL",
      "importer_iso3": "JPN",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 3965336.2808261886,
      "exports_all_year_avg_usd": 1705652.3239201265,
      "exports_avg_3y_usd": 2269971.508298922,
      "exports_avg_5y_usd": 2548606.011410651,
      "exports_avg_10y_usd": 3114860.425613648,
      "exports_cagr_3y_pct": 21.43195738687489,
      "exports_cagr_5y_pct": -15.243571799458822,
      "exports_cagr_10y_pct": 0.5647763458876076,
      "exports_historical_peak_usd": 9066022.478594664,
      "buyer_imports_latest_observed_usd": 186284552.05647746,
      "historical_peak_year": 2019,
      "positive_growth_year_share_pct": 52,
      "trend_acceleration_pct": 20.86718104098728,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -4.329,
      "buyer_yoy_all_avg_pct": 14.4975,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 2.128644719624408,
      "market_share_change_1y_pp": 1.0104983213817806,
      "peer_best_share_pct": 72.07395104665306,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 42,
      "buyer_market_hhi": 5346.3,
      "distance_km": 9463.2626953125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.039966357792484856,
      "tariff_advantage_pp": 0.030413669105984857,
      "volatility_cv": 1.1508044864120939,
      "max_drawdown_pct": 94.03993419873547,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market','dominant_supplier','buyer_macro_weakness']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 851490,
    "num_markets": 117,
    "highest_price_importer_iso3": "BOL",
    "highest_price_usd_per_ton": 5858500,
    "lowest_price_importer_iso3": "HUN",
    "lowest_price_usd_per_ton": 129.74459724950884,
    "median_price_across_markets": 78878.43704775687,
    "price_spread_pct": 7427.087141516008,
    "avg_quantity_metric_tons": 4.9358407310704955,
    "total_trade_value_usd": 112497167
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 13552203.311800152,
      "active_destinations": 88,
      "yoy_growth_pct": 17.984203495121122
    },
    {
      "year": 2011,
      "export_value_usd": 9757375.466714544,
      "active_destinations": 90,
      "yoy_growth_pct": -28.001556335724253
    },
    {
      "year": 2012,
      "export_value_usd": 19712038.701323673,
      "active_destinations": 91,
      "yoy_growth_pct": 102.02193477710881
    },
    {
      "year": 2013,
      "export_value_usd": 20931313.543756858,
      "active_destinations": 91,
      "yoy_growth_pct": 6.185432470520208
    },
    {
      "year": 2014,
      "export_value_usd": 14192729.392951608,
      "active_destinations": 93,
      "yoy_growth_pct": -32.19379489356106
    },
    {
      "year": 2015,
      "export_value_usd": 21505334.19829849,
      "active_destinations": 98,
      "yoy_growth_pct": 51.523597772381045
    },
    {
      "year": 2016,
      "export_value_usd": 19606517.033780623,
      "active_destinations": 105,
      "yoy_growth_pct": -8.82951711891138
    },
    {
      "year": 2017,
      "export_value_usd": 21158559.333852533,
      "active_destinations": 97,
      "yoy_growth_pct": 7.9159510962495405
    },
    {
      "year": 2018,
      "export_value_usd": 15503785.956382094,
      "active_destinations": 90,
      "yoy_growth_pct": -26.72570134972806
    },
    {
      "year": 2019,
      "export_value_usd": 19354810.29298404,
      "active_destinations": 89,
      "yoy_growth_pct": 24.83925118313879
    },
    {
      "year": 2020,
      "export_value_usd": 15168848.559450919,
      "active_destinations": 91,
      "yoy_growth_pct": -21.627500709994028
    },
    {
      "year": 2021,
      "export_value_usd": 14327889.785641935,
      "active_destinations": 85,
      "yoy_growth_pct": -5.5439855603609836
    },
    {
      "year": 2022,
      "export_value_usd": 30153738.66840545,
      "active_destinations": 81,
      "yoy_growth_pct": 110.4548479890088
    },
    {
      "year": 2023,
      "export_value_usd": 28080784.584784605,
      "active_destinations": 95,
      "yoy_growth_pct": -6.874617129294321
    },
    {
      "year": 2024,
      "export_value_usd": 25309697.86717216,
      "active_destinations": 98,
      "yoy_growth_pct": -9.868266711870797
    }
  ],
  "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
  }
}