# Belgium HS 851821 exports | Yugalinks

Explore reported HS 851821 exports from Belgium: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Belgium |
| HS6 | 851821 |
| Latest exports | $46.9M |
| Active destinations | 134 |
| Three-year growth | -10.9% |
| Destination HHI | 1,201 |
| Weighted share | 4.1% |

## Destination markets

- Germany: $10.7M; share 3.9%; growth +2.6%
- Netherlands: $8.6M; share 3.7%; growth +15.3%

## Price intelligence

- Highest reported market price: Japan at $530.9K / ton.
- Lowest reported market price: Bangladesh at $150.0 / ton.
- Median reported price: $27.9K / ton.
- Price spread: 1,899.3%.

## Export history

- 2010: $54.0M
- 2011: $65.6M
- 2012: $60.3M
- 2013: $58.5M
- 2014: $50.4M
- 2015: $39.1M
- 2016: $44.6M
- 2017: $87.7M
- 2018: $89.4M
- 2019: $83.6M
- 2020: $76.6M
- 2021: $66.2M
- 2022: $61.6M
- 2023: $60.7M
- 2024: $46.8M

## 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/851821",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/851821",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/851821",
    "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": "851821",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 178,
    "current_lane_count": 134,
    "active_market_count": 134,
    "exports_latest_observed_lanes_usd": 46917311.82734621,
    "exports_current_2024_usd": 46802631.41587577,
    "exports_avg_3y_usd": 56353163.8464705,
    "exports_avg_5y_usd": 62364490.85570048,
    "exports_avg_10y_usd": 65615875.38112406,
    "exports_cagr_3y_pct": -10.920275728285933,
    "exports_cagr_5y_pct": -10.950150892780186,
    "exports_cagr_10y_pct": -0.7357619476978772,
    "exports_all_year_lane_avg_usd": 59626803.636368796,
    "exports_historical_lane_peak_usd": 156999033.03196025,
    "historical_peak_year": 2008,
    "positive_growth_year_share_pct": 48,
    "trend_acceleration_pct": -10.184513780588055,
    "trend_label": "Rapid decline",
    "top_market_iso3": "DEU",
    "top_market_exports_usd": 10677618.265295224,
    "top_market_share_pct": 22.75837606508323,
    "destination_hhi": 1201.1640674070773,
    "weighted_share_latest_pct": 4.144958104632154,
    "weighted_share_change_1y_pp": -1.4391673960643323,
    "weighted_volatility_cv": 0.6562579521343036,
    "weighted_max_drawdown_pct": 78.49922779053476,
    "limited_history_lane_share_pct": 24.15730337078652,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 851821,
      "hs_description": "Loudspeakers: single, mounted in their enclosures",
      "hs_chapter": 85,
      "hs_heading": 8518,
      "substitution_elasticity": -4.9376631,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Loudspeakers: single, mounted in their enclosures",
    "hs_chapter": 85,
    "hs_heading": 8518,
    "destinations": [
      {
        "hs_code": 851821,
        "corridor_rank": 69,
        "exporter_iso3": "BEL",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 10677618.265295224,
        "exports_all_year_avg_usd": 13978035.533512192,
        "exports_avg_3y_usd": 11225508.46911151,
        "exports_avg_5y_usd": 10973376.633964375,
        "exports_avg_10y_usd": 16046257.52201644,
        "exports_cagr_3y_pct": 2.5767856849949533,
        "exports_cagr_5y_pct": -9.8372599912667,
        "exports_cagr_10y_pct": -8.141945383116989,
        "exports_historical_peak_usd": 24963297.593456313,
        "buyer_imports_latest_observed_usd": 275442466.593691,
        "historical_peak_year": 2014,
        "positive_growth_year_share_pct": 56,
        "trend_acceleration_pct": 10.718731068111943,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 3.9583,
        "buyer_yoy_all_avg_pct": 6.4408,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 3.87653305510291,
        "market_share_change_1y_pp": -1.2814122902724732,
        "peer_best_share_pct": 50.205488008973965,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 79,
        "buyer_market_hhi": 2727.26,
        "distance_km": 196.8760986328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.4638568214521942,
        "max_drawdown_pct": 62.614362745143936,
        "attention_level": "Critical attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 851821,
        "corridor_rank": 85,
        "exporter_iso3": "BEL",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 8593195.058777275,
        "exports_all_year_avg_usd": 6097569.1016633995,
        "exports_avg_3y_usd": 6562905.397204347,
        "exports_avg_5y_usd": 6320699.104267752,
        "exports_avg_10y_usd": 6795049.905226926,
        "exports_cagr_3y_pct": 15.275813488898638,
        "exports_cagr_5y_pct": -1.7442811115851997,
        "exports_cagr_10y_pct": 9.603040411131648,
        "exports_historical_peak_usd": 10134915.01498912,
        "buyer_imports_latest_observed_usd": 229500284.04062003,
        "historical_peak_year": 2003,
        "positive_growth_year_share_pct": 48,
        "trend_acceleration_pct": 5.6727730777669905,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 16.4181,
        "buyer_yoy_all_avg_pct": 9.3772,
        "buyer_trend_consistency_pct": 72.4138,
        "market_share_latest_pct": 3.7443069383113863,
        "market_share_change_1y_pp": 1.1887929297065605,
        "peer_best_share_pct": 65.50377705662146,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 77,
        "buyer_market_hhi": 4394.9,
        "distance_km": 173.03326416015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.3235814875298678,
        "max_drawdown_pct": 69.01641308747676,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 851821,
      "num_markets": 153,
      "highest_price_importer_iso3": "JPN",
      "highest_price_usd_per_ton": 530892.578125,
      "lowest_price_importer_iso3": "BGD",
      "lowest_price_usd_per_ton": 150,
      "median_price_across_markets": 27943.977591036415,
      "price_spread_pct": 1899.3093463374598,
      "avg_quantity_metric_tons": 53.167106712564554,
      "total_trade_value_usd": 398714481
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 54032340.471754335,
        "active_destinations": 94,
        "yoy_growth_pct": -45.148394225237375
      },
      {
        "year": 2011,
        "export_value_usd": 65610512.07029236,
        "active_destinations": 101,
        "yoy_growth_pct": 21.428225202627623
      },
      {
        "year": 2012,
        "export_value_usd": 60274494.16347553,
        "active_destinations": 105,
        "yoy_growth_pct": -8.132870386836863
      },
      {
        "year": 2013,
        "export_value_usd": 58502393.911582105,
        "active_destinations": 110,
        "yoy_growth_pct": -2.940049977171374
      },
      {
        "year": 2014,
        "export_value_usd": 50389742.41295075,
        "active_destinations": 110,
        "yoy_growth_pct": -13.867212871480877
      },
      {
        "year": 2015,
        "export_value_usd": 39054079.21541491,
        "active_destinations": 103,
        "yoy_growth_pct": -22.49597369369056
      },
      {
        "year": 2016,
        "export_value_usd": 44598971.3246205,
        "active_destinations": 107,
        "yoy_growth_pct": 14.197984488690702
      },
      {
        "year": 2017,
        "export_value_usd": 87715773.73153585,
        "active_destinations": 117,
        "yoy_growth_pct": 96.6766746548548
      },
      {
        "year": 2018,
        "export_value_usd": 89387097.0783527,
        "active_destinations": 126,
        "yoy_growth_pct": 1.9053851727194802
      },
      {
        "year": 2019,
        "export_value_usd": 83580378.18281418,
        "active_destinations": 122,
        "yoy_growth_pct": -6.496148868609768
      },
      {
        "year": 2020,
        "export_value_usd": 76551424.27113175,
        "active_destinations": 119,
        "yoy_growth_pct": -8.409813480752737
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      {
        "year": 2021,
        "export_value_usd": 66211538.467959166,
        "active_destinations": 122,
        "yoy_growth_pct": -13.507110940941505
      },
      {
        "year": 2022,
        "export_value_usd": 61558424.58846679,
        "active_destinations": 123,
        "yoy_growth_pct": -7.027648031081606
      },
      {
        "year": 2023,
        "export_value_usd": 60698435.53506896,
        "active_destinations": 137,
        "yoy_growth_pct": -1.3970290161697163
      },
      {
        "year": 2024,
        "export_value_usd": 46802631.41587575,
        "active_destinations": 134,
        "yoy_growth_pct": -22.893183319634012
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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": "851821",
    "hs_description": "Loudspeakers: single, mounted in their enclosures",
    "hs_chapter": 85,
    "hs_heading": 8518
  },
  "destinations": [
    {
      "hs_code": 851821,
      "corridor_rank": 69,
      "exporter_iso3": "BEL",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 10677618.265295224,
      "exports_all_year_avg_usd": 13978035.533512192,
      "exports_avg_3y_usd": 11225508.46911151,
      "exports_avg_5y_usd": 10973376.633964375,
      "exports_avg_10y_usd": 16046257.52201644,
      "exports_cagr_3y_pct": 2.5767856849949533,
      "exports_cagr_5y_pct": -9.8372599912667,
      "exports_cagr_10y_pct": -8.141945383116989,
      "exports_historical_peak_usd": 24963297.593456313,
      "buyer_imports_latest_observed_usd": 275442466.593691,
      "historical_peak_year": 2014,
      "positive_growth_year_share_pct": 56,
      "trend_acceleration_pct": 10.718731068111943,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": 3.9583,
      "buyer_yoy_all_avg_pct": 6.4408,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 3.87653305510291,
      "market_share_change_1y_pp": -1.2814122902724732,
      "peer_best_share_pct": 50.205488008973965,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 79,
      "buyer_market_hhi": 2727.26,
      "distance_km": 196.8760986328125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.4638568214521942,
      "max_drawdown_pct": 62.614362745143936,
      "attention_level": "Critical attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown','concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 851821,
      "corridor_rank": 85,
      "exporter_iso3": "BEL",
      "importer_iso3": "NLD",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 8593195.058777275,
      "exports_all_year_avg_usd": 6097569.1016633995,
      "exports_avg_3y_usd": 6562905.397204347,
      "exports_avg_5y_usd": 6320699.104267752,
      "exports_avg_10y_usd": 6795049.905226926,
      "exports_cagr_3y_pct": 15.275813488898638,
      "exports_cagr_5y_pct": -1.7442811115851997,
      "exports_cagr_10y_pct": 9.603040411131648,
      "exports_historical_peak_usd": 10134915.01498912,
      "buyer_imports_latest_observed_usd": 229500284.04062003,
      "historical_peak_year": 2003,
      "positive_growth_year_share_pct": 48,
      "trend_acceleration_pct": 5.6727730777669905,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 16.4181,
      "buyer_yoy_all_avg_pct": 9.3772,
      "buyer_trend_consistency_pct": 72.4138,
      "market_share_latest_pct": 3.7443069383113863,
      "market_share_change_1y_pp": 1.1887929297065605,
      "peer_best_share_pct": 65.50377705662146,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 77,
      "buyer_market_hhi": 4394.9,
      "distance_km": 173.03326416015625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.3235814875298678,
      "max_drawdown_pct": 69.01641308747676,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 851821,
    "num_markets": 153,
    "highest_price_importer_iso3": "JPN",
    "highest_price_usd_per_ton": 530892.578125,
    "lowest_price_importer_iso3": "BGD",
    "lowest_price_usd_per_ton": 150,
    "median_price_across_markets": 27943.977591036415,
    "price_spread_pct": 1899.3093463374598,
    "avg_quantity_metric_tons": 53.167106712564554,
    "total_trade_value_usd": 398714481
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 54032340.471754335,
      "active_destinations": 94,
      "yoy_growth_pct": -45.148394225237375
    },
    {
      "year": 2011,
      "export_value_usd": 65610512.07029236,
      "active_destinations": 101,
      "yoy_growth_pct": 21.428225202627623
    },
    {
      "year": 2012,
      "export_value_usd": 60274494.16347553,
      "active_destinations": 105,
      "yoy_growth_pct": -8.132870386836863
    },
    {
      "year": 2013,
      "export_value_usd": 58502393.911582105,
      "active_destinations": 110,
      "yoy_growth_pct": -2.940049977171374
    },
    {
      "year": 2014,
      "export_value_usd": 50389742.41295075,
      "active_destinations": 110,
      "yoy_growth_pct": -13.867212871480877
    },
    {
      "year": 2015,
      "export_value_usd": 39054079.21541491,
      "active_destinations": 103,
      "yoy_growth_pct": -22.49597369369056
    },
    {
      "year": 2016,
      "export_value_usd": 44598971.3246205,
      "active_destinations": 107,
      "yoy_growth_pct": 14.197984488690702
    },
    {
      "year": 2017,
      "export_value_usd": 87715773.73153585,
      "active_destinations": 117,
      "yoy_growth_pct": 96.6766746548548
    },
    {
      "year": 2018,
      "export_value_usd": 89387097.0783527,
      "active_destinations": 126,
      "yoy_growth_pct": 1.9053851727194802
    },
    {
      "year": 2019,
      "export_value_usd": 83580378.18281418,
      "active_destinations": 122,
      "yoy_growth_pct": -6.496148868609768
    },
    {
      "year": 2020,
      "export_value_usd": 76551424.27113175,
      "active_destinations": 119,
      "yoy_growth_pct": -8.409813480752737
    },
    {
      "year": 2021,
      "export_value_usd": 66211538.467959166,
      "active_destinations": 122,
      "yoy_growth_pct": -13.507110940941505
    },
    {
      "year": 2022,
      "export_value_usd": 61558424.58846679,
      "active_destinations": 123,
      "yoy_growth_pct": -7.027648031081606
    },
    {
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      "export_value_usd": 60698435.53506896,
      "active_destinations": 137,
      "yoy_growth_pct": -1.3970290161697163
    },
    {
      "year": 2024,
      "export_value_usd": 46802631.41587575,
      "active_destinations": 134,
      "yoy_growth_pct": -22.893183319634012
    }
  ],
  "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
  }
}
```