# Belgium HS 851621 exports | Yugalinks

Explore reported HS 851621 exports from Belgium: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Belgium |
| HS6 | 851621 |
| Latest exports | $3.8M |
| Active destinations | 47 |
| Three-year growth | -19.7% |
| Destination HHI | 3,380 |
| Weighted share | 36.2% |

## Destination markets

- USA, Puerto Rico and US Virgin Islands: $337.9K; share 1.1%; growth -43.1%
- United Kingdom: $133.4K; share 0.7%; growth -25%
- France: $83.6K; share 0.6%; growth -10.2%

## Price intelligence

- Highest reported market price: Ukraine at $3.3M / ton.
- Lowest reported market price: Cameroon at $166.0 / ton.
- Median reported price: $17.1K / ton.
- Price spread: 19,128.6%.

## Export history

- 2010: $586.8K
- 2011: $493.5K
- 2012: $623.1K
- 2013: $662.6K
- 2014: $599.8K
- 2015: $720.0K
- 2016: $1.1M
- 2017: $1.4M
- 2018: $2.2M
- 2019: $3.8M
- 2020: $3.9M
- 2021: $7.1M
- 2022: $7.4M
- 2023: $5.7M
- 2024: $3.7M

## Methods

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.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "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/851621",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/851621",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/851621",
    "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": "851621",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 107,
    "current_lane_count": 47,
    "active_market_count": 47,
    "exports_latest_observed_lanes_usd": 3832757.7782894587,
    "exports_current_2024_usd": 3656095.8353084205,
    "exports_avg_3y_usd": 5574716.706508833,
    "exports_avg_5y_usd": 5543474.404713906,
    "exports_avg_10y_usd": 3696946.891522401,
    "exports_cagr_3y_pct": -19.73757835304322,
    "exports_cagr_5y_pct": -0.7249422297467389,
    "exports_cagr_10y_pct": 19.812766359156143,
    "exports_all_year_lane_avg_usd": 2229447.9810733204,
    "exports_historical_lane_peak_usd": 10548769.55088365,
    "historical_peak_year": 2022,
    "positive_growth_year_share_pct": 64,
    "trend_acceleration_pct": -39.55034471219936,
    "trend_label": "Rapid decline",
    "top_market_iso3": "NLD",
    "top_market_exports_usd": 2171588.1135758082,
    "top_market_share_pct": 56.658631700565685,
    "destination_hhi": 3380.043158563096,
    "weighted_share_latest_pct": 36.19199301169341,
    "weighted_share_change_1y_pp": -5.541209862893493,
    "weighted_volatility_cv": 1.4132161480779306,
    "weighted_max_drawdown_pct": 89.08573741012026,
    "limited_history_lane_share_pct": 45.794392523364486,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 851621,
      "hs_description": "Heating apparatus: electric storage heating radiators",
      "hs_chapter": 85,
      "hs_heading": 8516,
      "substitution_elasticity": -4.5522614,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Heating apparatus: electric storage heating radiators",
    "hs_chapter": 85,
    "hs_heading": 8516,
    "destinations": [
      {
        "hs_code": 851621,
        "corridor_rank": 17,
        "exporter_iso3": "BEL",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 10,
        "exports_latest_observed_usd": 337886.4219208223,
        "exports_all_year_avg_usd": 318953.8292404214,
        "exports_avg_3y_usd": 377010.4031901836,
        "exports_avg_5y_usd": 599208.5071287773,
        "exports_avg_10y_usd": 354177.620360331,
        "exports_cagr_3y_pct": -43.12220791270879,
        "exports_cagr_5y_pct": 13.379504016697297,
        "exports_cagr_10y_pct": 67.53417535316026,
        "exports_historical_peak_usd": 1836295.423025964,
        "buyer_imports_latest_observed_usd": 29616811.71374974,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 66.66666666666667,
        "trend_acceleration_pct": -110.65638326586905,
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        "buyer_yoy_all_avg_pct": 11.2154,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 1.1408602154294583,
        "market_share_change_1y_pp": -0.6387059262187156,
        "peer_best_share_pct": 92.37557527423472,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 31,
        "buyer_market_hhi": 8552.74,
        "distance_km": 5891.71142578125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.0467447546369697,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.6832174364684507,
        "max_drawdown_pct": 88.25981757316352,
        "attention_level": "Watch",
        "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']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 851621,
        "corridor_rank": 26,
        "exporter_iso3": "BEL",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 21,
        "exports_latest_observed_usd": 133355.53504493384,
        "exports_all_year_avg_usd": 59257.49397005577,
        "exports_avg_3y_usd": 116112.40172387233,
        "exports_avg_5y_usd": 135440.13097583858,
        "exports_avg_10y_usd": 77026.53211905283,
        "exports_cagr_3y_pct": -25.03244235414347,
        "exports_cagr_5y_pct": 58.71487803836117,
        "exports_cagr_10y_pct": 35.93076679113487,
        "exports_historical_peak_usd": 316512.5678635909,
        "buyer_imports_latest_observed_usd": 18355967.39265189,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 45,
        "trend_acceleration_pct": -60.96320914527834,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 11.6014,
        "buyer_yoy_all_avg_pct": 28.6893,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 0.7264969052969533,
        "market_share_change_1y_pp": 0.3064398070804117,
        "peer_best_share_pct": 39.31228244397049,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 27,
        "buyer_market_hhi": 2819.53,
        "distance_km": 323.77960205078125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.4189259530751022,
        "max_drawdown_pct": 99.2527945047043,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 851621,
        "corridor_rank": 35,
        "exporter_iso3": "BEL",
        "importer_iso3": "FRA",
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        "lane_data_years": 26,
        "exports_latest_observed_usd": 83613.0697964551,
        "exports_all_year_avg_usd": 105560.929805712,
        "exports_avg_3y_usd": 445417.9246820887,
        "exports_avg_5y_usd": 300567.6260142371,
        "exports_avg_10y_usd": 178126.22115964472,
        "exports_cagr_3y_pct": -10.224735856831057,
        "exports_cagr_5y_pct": 14.04011624856578,
        "exports_cagr_10y_pct": 1.597764679189817,
        "exports_historical_peak_usd": 1123968.5101116626,
        "buyer_imports_latest_observed_usd": 14741253.672496345,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 48,
        "trend_acceleration_pct": -11.822500536020874,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 50.2508,
        "buyer_yoy_all_avg_pct": 8.1456,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 0.5672046058908617,
        "market_share_change_1y_pp": -0.7442915118083484,
        "peer_best_share_pct": 90.39053256957634,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 30,
        "buyer_market_hhi": 8188.2,
        "distance_km": 262.384521484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 2.0084038384730007,
        "max_drawdown_pct": 97.96226102871535,
        "attention_level": "Watch",
        "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']",
        "signal_flag": "Slowing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 851621,
      "num_markets": 72,
      "highest_price_importer_iso3": "UKR",
      "highest_price_usd_per_ton": 3267333.3333333335,
      "lowest_price_importer_iso3": "CMR",
      "lowest_price_usd_per_ton": 166,
      "median_price_across_markets": 17080,
      "price_spread_pct": 19128.6143637783,
      "avg_quantity_metric_tons": 12.215562162162161,
      "total_trade_value_usd": 24532003
    },
    "history": [
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        "year": 2010,
        "export_value_usd": 586768.0369455218,
        "active_destinations": 23,
        "yoy_growth_pct": 114.02993428923224
      },
      {
        "year": 2011,
        "export_value_usd": 493451.70512013946,
        "active_destinations": 45,
        "yoy_growth_pct": -15.90344496458083
      },
      {
        "year": 2012,
        "export_value_usd": 623135.3462467964,
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        "yoy_growth_pct": 26.280918635205285
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      {
        "year": 2013,
        "export_value_usd": 662576.9976305388,
        "active_destinations": 46,
        "yoy_growth_pct": 6.32954808635125
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      {
        "year": 2014,
        "export_value_usd": 599772.5895195359,
        "active_destinations": 44,
        "yoy_growth_pct": -9.478809004176055
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      {
        "year": 2015,
        "export_value_usd": 719960.3649873454,
        "active_destinations": 40,
        "yoy_growth_pct": 20.038891001019106
      },
      {
        "year": 2016,
        "export_value_usd": 1056051.8648284336,
        "active_destinations": 45,
        "yoy_growth_pct": 46.681944754972115
      },
      {
        "year": 2017,
        "export_value_usd": 1437194.0234046702,
        "active_destinations": 52,
        "yoy_growth_pct": 36.09123484083398
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      {
        "year": 2018,
        "export_value_usd": 2247340.2775172684,
        "active_destinations": 44,
        "yoy_growth_pct": 56.36999882544639
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      {
        "year": 2019,
        "export_value_usd": 3791550.36091676,
        "active_destinations": 47,
        "yoy_growth_pct": 68.7127845679625
      },
      {
        "year": 2020,
        "export_value_usd": 3922222.6039322903,
        "active_destinations": 39,
        "yoy_growth_pct": 3.4464066299236826
      },
      {
        "year": 2021,
        "export_value_usd": 7070999.300110743,
        "active_destinations": 38,
        "yoy_growth_pct": 80.2804178687256
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      {
        "year": 2022,
        "export_value_usd": 7410005.124066096,
        "active_destinations": 42,
        "yoy_growth_pct": 4.794312791829056
      },
      {
        "year": 2023,
        "export_value_usd": 5658049.160151979,
        "active_destinations": 39,
        "yoy_growth_pct": -23.64311406781815
      },
      {
        "year": 2024,
        "export_value_usd": 3656095.8353084205,
        "active_destinations": 47,
        "yoy_growth_pct": -35.38239538360223
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    ],
    "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": "851621",
    "hs_description": "Heating apparatus: electric storage heating radiators",
    "hs_chapter": 85,
    "hs_heading": 8516
  },
  "destinations": [
    {
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      "corridor_rank": 17,
      "exporter_iso3": "BEL",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 10,
      "exports_latest_observed_usd": 337886.4219208223,
      "exports_all_year_avg_usd": 318953.8292404214,
      "exports_avg_3y_usd": 377010.4031901836,
      "exports_avg_5y_usd": 599208.5071287773,
      "exports_avg_10y_usd": 354177.620360331,
      "exports_cagr_3y_pct": -43.12220791270879,
      "exports_cagr_5y_pct": 13.379504016697297,
      "exports_cagr_10y_pct": 67.53417535316026,
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      "buyer_yoy_all_avg_pct": 11.2154,
      "buyer_trend_consistency_pct": 48.2759,
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      "market_share_change_1y_pp": -0.6387059262187156,
      "peer_best_share_pct": 92.37557527423472,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 31,
      "buyer_market_hhi": 8552.74,
      "distance_km": 5891.71142578125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.0467447546369697,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.6832174364684507,
      "max_drawdown_pct": 88.25981757316352,
      "attention_level": "Watch",
      "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']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 851621,
      "corridor_rank": 26,
      "exporter_iso3": "BEL",
      "importer_iso3": "GBR",
      "latest_data_year": 2024,
      "lane_data_years": 21,
      "exports_latest_observed_usd": 133355.53504493384,
      "exports_all_year_avg_usd": 59257.49397005577,
      "exports_avg_3y_usd": 116112.40172387233,
      "exports_avg_5y_usd": 135440.13097583858,
      "exports_avg_10y_usd": 77026.53211905283,
      "exports_cagr_3y_pct": -25.03244235414347,
      "exports_cagr_5y_pct": 58.71487803836117,
      "exports_cagr_10y_pct": 35.93076679113487,
      "exports_historical_peak_usd": 316512.5678635909,
      "buyer_imports_latest_observed_usd": 18355967.39265189,
      "historical_peak_year": 2021,
      "positive_growth_year_share_pct": 45,
      "trend_acceleration_pct": -60.96320914527834,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": 11.6014,
      "buyer_yoy_all_avg_pct": 28.6893,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 0.7264969052969533,
      "market_share_change_1y_pp": 0.3064398070804117,
      "peer_best_share_pct": 39.31228244397049,
      "peer_top_exporter": "DEU",
      "supplier_count_latest": 27,
      "buyer_market_hhi": 2819.53,
      "distance_km": 323.77960205078125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.4189259530751022,
      "max_drawdown_pct": 99.2527945047043,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 851621,
      "corridor_rank": 35,
      "exporter_iso3": "BEL",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 83613.0697964551,
      "exports_all_year_avg_usd": 105560.929805712,
      "exports_avg_3y_usd": 445417.9246820887,
      "exports_avg_5y_usd": 300567.6260142371,
      "exports_avg_10y_usd": 178126.22115964472,
      "exports_cagr_3y_pct": -10.224735856831057,
      "exports_cagr_5y_pct": 14.04011624856578,
      "exports_cagr_10y_pct": 1.597764679189817,
      "exports_historical_peak_usd": 1123968.5101116626,
      "buyer_imports_latest_observed_usd": 14741253.672496345,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 48,
      "trend_acceleration_pct": -11.822500536020874,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": 50.2508,
      "buyer_yoy_all_avg_pct": 8.1456,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 0.5672046058908617,
      "market_share_change_1y_pp": -0.7442915118083484,
      "peer_best_share_pct": 90.39053256957634,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 30,
      "buyer_market_hhi": 8188.2,
      "distance_km": 262.384521484375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 2.0084038384730007,
      "max_drawdown_pct": 97.96226102871535,
      "attention_level": "Watch",
      "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']",
      "signal_flag": "Slowing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 851621,
    "num_markets": 72,
    "highest_price_importer_iso3": "UKR",
    "highest_price_usd_per_ton": 3267333.3333333335,
    "lowest_price_importer_iso3": "CMR",
    "lowest_price_usd_per_ton": 166,
    "median_price_across_markets": 17080,
    "price_spread_pct": 19128.6143637783,
    "avg_quantity_metric_tons": 12.215562162162161,
    "total_trade_value_usd": 24532003
  },
  "history": [
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      "year": 2010,
      "export_value_usd": 586768.0369455218,
      "active_destinations": 23,
      "yoy_growth_pct": 114.02993428923224
    },
    {
      "year": 2011,
      "export_value_usd": 493451.70512013946,
      "active_destinations": 45,
      "yoy_growth_pct": -15.90344496458083
    },
    {
      "year": 2012,
      "export_value_usd": 623135.3462467964,
      "active_destinations": 41,
      "yoy_growth_pct": 26.280918635205285
    },
    {
      "year": 2013,
      "export_value_usd": 662576.9976305388,
      "active_destinations": 46,
      "yoy_growth_pct": 6.32954808635125
    },
    {
      "year": 2014,
      "export_value_usd": 599772.5895195359,
      "active_destinations": 44,
      "yoy_growth_pct": -9.478809004176055
    },
    {
      "year": 2015,
      "export_value_usd": 719960.3649873454,
      "active_destinations": 40,
      "yoy_growth_pct": 20.038891001019106
    },
    {
      "year": 2016,
      "export_value_usd": 1056051.8648284336,
      "active_destinations": 45,
      "yoy_growth_pct": 46.681944754972115
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    {
      "year": 2017,
      "export_value_usd": 1437194.0234046702,
      "active_destinations": 52,
      "yoy_growth_pct": 36.09123484083398
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    {
      "year": 2018,
      "export_value_usd": 2247340.2775172684,
      "active_destinations": 44,
      "yoy_growth_pct": 56.36999882544639
    },
    {
      "year": 2019,
      "export_value_usd": 3791550.36091676,
      "active_destinations": 47,
      "yoy_growth_pct": 68.7127845679625
    },
    {
      "year": 2020,
      "export_value_usd": 3922222.6039322903,
      "active_destinations": 39,
      "yoy_growth_pct": 3.4464066299236826
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    {
      "year": 2021,
      "export_value_usd": 7070999.300110743,
      "active_destinations": 38,
      "yoy_growth_pct": 80.2804178687256
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    {
      "year": 2022,
      "export_value_usd": 7410005.124066096,
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      "yoy_growth_pct": 4.794312791829056
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    {
      "year": 2023,
      "export_value_usd": 5658049.160151979,
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      "yoy_growth_pct": -23.64311406781815
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    {
      "year": 2024,
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      "yoy_growth_pct": -35.38239538360223
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  ],
  "economy": {
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    "country_iso3": "BEL",
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    "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
  }
}
```
