{
  "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/851529",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/851529",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/851529",
    "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": "851529",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 146,
    "current_lane_count": 51,
    "active_market_count": 51,
    "exports_latest_observed_lanes_usd": 2856166.8475952307,
    "exports_current_2024_usd": 1255034.3138275694,
    "exports_avg_3y_usd": 1829641.5763235518,
    "exports_avg_5y_usd": 1833865.9476912506,
    "exports_avg_10y_usd": 1720879.4115583512,
    "exports_cagr_3y_pct": -12.40485329642066,
    "exports_cagr_5y_pct": -7.055800317286476,
    "exports_cagr_10y_pct": -1.049099369267481,
    "exports_all_year_lane_avg_usd": 3754168.0751958736,
    "exports_historical_lane_peak_usd": 22303533.846982103,
    "historical_peak_year": 2011,
    "positive_growth_year_share_pct": 56,
    "trend_acceleration_pct": -11.355753927153179,
    "trend_label": "Rapid decline",
    "top_market_iso3": "BRA",
    "top_market_exports_usd": 1390459.5113970155,
    "top_market_share_pct": 48.68271307636395,
    "destination_hhi": 2594.6542983564536,
    "weighted_share_latest_pct": 22.356813405078363,
    "weighted_share_change_1y_pp": 19.321986838377313,
    "weighted_volatility_cv": 1.3578615153081308,
    "weighted_max_drawdown_pct": 77.56749845422031,
    "limited_history_lane_share_pct": 39.726027397260275,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 851529,
      "hs_description": "Welding machines and apparatus: for resistance welding of metal, other than fully or partly automatic, whether or not capable of cutting",
      "hs_chapter": 85,
      "hs_heading": 8515,
      "substitution_elasticity": -4.3177052,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Welding machines and apparatus: for resistance welding of metal, other than fully or partly automatic, whether or not capable of cutting",
    "hs_chapter": 85,
    "hs_heading": 8515,
    "destinations": [
      {
        "hs_code": 851529,
        "corridor_rank": 50,
        "exporter_iso3": "BEL",
        "importer_iso3": "MEX",
        "latest_data_year": 2023,
        "lane_data_years": 10,
        "exports_latest_observed_usd": 64699.168560947764,
        "exports_all_year_avg_usd": 18768.244644666418,
        "exports_avg_3y_usd": 49451.183593174384,
        "exports_avg_5y_usd": 49451.183593174384,
        "exports_avg_10y_usd": 24287.412079778827,
        "exports_cagr_3y_pct": 172.37632918910802,
        "exports_cagr_5y_pct": 82.4322512994917,
        "exports_cagr_10y_pct": 17.626330847616135,
        "exports_historical_peak_usd": 64699.168560947764,
        "buyer_imports_latest_observed_usd": 16891351.195353076,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 55.55555555555556,
        "trend_acceleration_pct": 154.74999834149187,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -66.4011,
        "buyer_yoy_all_avg_pct": 21.5965,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 0.12869420703632437,
        "market_share_change_1y_pp": -0.2346143368338642,
        "peer_best_share_pct": 41.01676363732649,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 80,
        "buyer_market_hhi": 2674.38,
        "distance_km": 9259.3525390625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.10968114655848483,
        "tariff_advantage_pp": 0.13100950524598787,
        "volatility_cv": 1.1311469668310519,
        "max_drawdown_pct": 93.26532596153646,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
        "signal_flag": "Accelerating",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 851529,
        "corridor_rank": 53,
        "exporter_iso3": "BEL",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 16,
        "exports_latest_observed_usd": 58851.37457682731,
        "exports_all_year_avg_usd": 58989.34133315225,
        "exports_avg_3y_usd": 270893.2207607166,
        "exports_avg_5y_usd": 230124.11644928515,
        "exports_avg_10y_usd": 108979.37880924401,
        "exports_cagr_3y_pct": -26.561071851405636,
        "exports_cagr_5y_pct": 9.69644756257637,
        "exports_cagr_10y_pct": 56.713085944161065,
        "exports_historical_peak_usd": 482935.0669446059,
        "buyer_imports_latest_observed_usd": 23393958.021046046,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 46.666666666666664,
        "trend_acceleration_pct": -83.27415779556671,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -35.2739,
        "buyer_yoy_all_avg_pct": 8.2481,
        "buyer_trend_consistency_pct": 44.8276,
        "market_share_latest_pct": 0.25156655630433505,
        "market_share_change_1y_pp": -1.0846109809630482,
        "peer_best_share_pct": 17.819183581358722,
        "peer_top_exporter": "KOR",
        "supplier_count_latest": 43,
        "buyer_market_hhi": 1132.45,
        "distance_km": 5891.71142578125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.0467447546369697,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.9836777196768123,
        "max_drawdown_pct": 99.37286311565106,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 851529,
      "num_markets": 102,
      "highest_price_importer_iso3": "EST",
      "highest_price_usd_per_ton": 2078000,
      "lowest_price_importer_iso3": "ZAF",
      "lowest_price_usd_per_ton": 15.150951814396192,
      "median_price_across_markets": 31834.70105509965,
      "price_spread_pct": 6527.420645325363,
      "avg_quantity_metric_tons": 2.2943512544802864,
      "total_trade_value_usd": 12084158
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 6387303.5569454925,
        "active_destinations": 46,
        "yoy_growth_pct": 94.45709471929462
      },
      {
        "year": 2011,
        "export_value_usd": 7134997.358115016,
        "active_destinations": 59,
        "yoy_growth_pct": 11.70593810836637
      },
      {
        "year": 2012,
        "export_value_usd": 5557992.498685608,
        "active_destinations": 58,
        "yoy_growth_pct": -22.10238883460546
      },
      {
        "year": 2013,
        "export_value_usd": 5087303.60248434,
        "active_destinations": 58,
        "yoy_growth_pct": -8.468685344799937
      },
      {
        "year": 2014,
        "export_value_usd": 1394627.0543023816,
        "active_destinations": 58,
        "yoy_growth_pct": -72.58612492438377
      },
      {
        "year": 2015,
        "export_value_usd": 969187.8818425348,
        "active_destinations": 54,
        "yoy_growth_pct": -30.50558722114131
      },
      {
        "year": 2016,
        "export_value_usd": 1474530.261885578,
        "active_destinations": 65,
        "yoy_growth_pct": 52.14080670120749
      },
      {
        "year": 2017,
        "export_value_usd": 1602117.1541803905,
        "active_destinations": 71,
        "yoy_growth_pct": 8.652714399476535
      },
      {
        "year": 2018,
        "export_value_usd": 2184189.2775924373,
        "active_destinations": 67,
        "yoy_growth_pct": 36.331433184723785
      },
      {
        "year": 2019,
        "export_value_usd": 1809439.8016263226,
        "active_destinations": 59,
        "yoy_growth_pct": -17.15737183634512
      },
      {
        "year": 2020,
        "export_value_usd": 1813099.119665706,
        "active_destinations": 54,
        "yoy_growth_pct": 0.2022348594351973
      },
      {
        "year": 2021,
        "export_value_usd": 1867305.8898198917,
        "active_destinations": 56,
        "yoy_growth_pct": 2.9897301016935067
      },
      {
        "year": 2022,
        "export_value_usd": 2686209.5962028294,
        "active_destinations": 54,
        "yoy_growth_pct": 43.85482372477944
      },
      {
        "year": 2023,
        "export_value_usd": 1547680.8189402563,
        "active_destinations": 68,
        "yoy_growth_pct": -42.3842122696596
      },
      {
        "year": 2024,
        "export_value_usd": 1255034.3138275694,
        "active_destinations": 51,
        "yoy_growth_pct": -18.908711766103735
      }
    ],
    "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": "851529",
    "hs_description": "Welding machines and apparatus: for resistance welding of metal, other than fully or partly automatic, whether or not capable of cutting",
    "hs_chapter": 85,
    "hs_heading": 8515
  },
  "destinations": [
    {
      "hs_code": 851529,
      "corridor_rank": 50,
      "exporter_iso3": "BEL",
      "importer_iso3": "MEX",
      "latest_data_year": 2023,
      "lane_data_years": 10,
      "exports_latest_observed_usd": 64699.168560947764,
      "exports_all_year_avg_usd": 18768.244644666418,
      "exports_avg_3y_usd": 49451.183593174384,
      "exports_avg_5y_usd": 49451.183593174384,
      "exports_avg_10y_usd": 24287.412079778827,
      "exports_cagr_3y_pct": 172.37632918910802,
      "exports_cagr_5y_pct": 82.4322512994917,
      "exports_cagr_10y_pct": 17.626330847616135,
      "exports_historical_peak_usd": 64699.168560947764,
      "buyer_imports_latest_observed_usd": 16891351.195353076,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 55.55555555555556,
      "trend_acceleration_pct": 154.74999834149187,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -66.4011,
      "buyer_yoy_all_avg_pct": 21.5965,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 0.12869420703632437,
      "market_share_change_1y_pp": -0.2346143368338642,
      "peer_best_share_pct": 41.01676363732649,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 80,
      "buyer_market_hhi": 2674.38,
      "distance_km": 9259.3525390625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.10968114655848483,
      "tariff_advantage_pp": 0.13100950524598787,
      "volatility_cv": 1.1311469668310519,
      "max_drawdown_pct": 93.26532596153646,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
      "signal_flag": "Accelerating",
      "confidence_label": "Medium",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 851529,
      "corridor_rank": 53,
      "exporter_iso3": "BEL",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 16,
      "exports_latest_observed_usd": 58851.37457682731,
      "exports_all_year_avg_usd": 58989.34133315225,
      "exports_avg_3y_usd": 270893.2207607166,
      "exports_avg_5y_usd": 230124.11644928515,
      "exports_avg_10y_usd": 108979.37880924401,
      "exports_cagr_3y_pct": -26.561071851405636,
      "exports_cagr_5y_pct": 9.69644756257637,
      "exports_cagr_10y_pct": 56.713085944161065,
      "exports_historical_peak_usd": 482935.0669446059,
      "buyer_imports_latest_observed_usd": 23393958.021046046,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 46.666666666666664,
      "trend_acceleration_pct": -83.27415779556671,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -35.2739,
      "buyer_yoy_all_avg_pct": 8.2481,
      "buyer_trend_consistency_pct": 44.8276,
      "market_share_latest_pct": 0.25156655630433505,
      "market_share_change_1y_pp": -1.0846109809630482,
      "peer_best_share_pct": 17.819183581358722,
      "peer_top_exporter": "KOR",
      "supplier_count_latest": 43,
      "buyer_market_hhi": 1132.45,
      "distance_km": 5891.71142578125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.0467447546369697,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.9836777196768123,
      "max_drawdown_pct": 99.37286311565106,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 851529,
    "num_markets": 102,
    "highest_price_importer_iso3": "EST",
    "highest_price_usd_per_ton": 2078000,
    "lowest_price_importer_iso3": "ZAF",
    "lowest_price_usd_per_ton": 15.150951814396192,
    "median_price_across_markets": 31834.70105509965,
    "price_spread_pct": 6527.420645325363,
    "avg_quantity_metric_tons": 2.2943512544802864,
    "total_trade_value_usd": 12084158
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 6387303.5569454925,
      "active_destinations": 46,
      "yoy_growth_pct": 94.45709471929462
    },
    {
      "year": 2011,
      "export_value_usd": 7134997.358115016,
      "active_destinations": 59,
      "yoy_growth_pct": 11.70593810836637
    },
    {
      "year": 2012,
      "export_value_usd": 5557992.498685608,
      "active_destinations": 58,
      "yoy_growth_pct": -22.10238883460546
    },
    {
      "year": 2013,
      "export_value_usd": 5087303.60248434,
      "active_destinations": 58,
      "yoy_growth_pct": -8.468685344799937
    },
    {
      "year": 2014,
      "export_value_usd": 1394627.0543023816,
      "active_destinations": 58,
      "yoy_growth_pct": -72.58612492438377
    },
    {
      "year": 2015,
      "export_value_usd": 969187.8818425348,
      "active_destinations": 54,
      "yoy_growth_pct": -30.50558722114131
    },
    {
      "year": 2016,
      "export_value_usd": 1474530.261885578,
      "active_destinations": 65,
      "yoy_growth_pct": 52.14080670120749
    },
    {
      "year": 2017,
      "export_value_usd": 1602117.1541803905,
      "active_destinations": 71,
      "yoy_growth_pct": 8.652714399476535
    },
    {
      "year": 2018,
      "export_value_usd": 2184189.2775924373,
      "active_destinations": 67,
      "yoy_growth_pct": 36.331433184723785
    },
    {
      "year": 2019,
      "export_value_usd": 1809439.8016263226,
      "active_destinations": 59,
      "yoy_growth_pct": -17.15737183634512
    },
    {
      "year": 2020,
      "export_value_usd": 1813099.119665706,
      "active_destinations": 54,
      "yoy_growth_pct": 0.2022348594351973
    },
    {
      "year": 2021,
      "export_value_usd": 1867305.8898198917,
      "active_destinations": 56,
      "yoy_growth_pct": 2.9897301016935067
    },
    {
      "year": 2022,
      "export_value_usd": 2686209.5962028294,
      "active_destinations": 54,
      "yoy_growth_pct": 43.85482372477944
    },
    {
      "year": 2023,
      "export_value_usd": 1547680.8189402563,
      "active_destinations": 68,
      "yoy_growth_pct": -42.3842122696596
    },
    {
      "year": 2024,
      "export_value_usd": 1255034.3138275694,
      "active_destinations": 51,
      "yoy_growth_pct": -18.908711766103735
    }
  ],
  "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
  }
}