{
  "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/851829",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/851829",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/851829",
    "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": "851829",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 177,
    "current_lane_count": 127,
    "active_market_count": 127,
    "exports_latest_observed_lanes_usd": 64545841.80646903,
    "exports_current_2024_usd": 64520205.35981826,
    "exports_avg_3y_usd": 61670349.41580386,
    "exports_avg_5y_usd": 61935727.117630005,
    "exports_avg_10y_usd": 66821926.14678619,
    "exports_cagr_3y_pct": 1.5901755534445172,
    "exports_cagr_5y_pct": -1.1775872981115376,
    "exports_cagr_10y_pct": -1.7073612611055444,
    "exports_all_year_lane_avg_usd": 76840852.23635356,
    "exports_historical_lane_peak_usd": 176385350.7981647,
    "historical_peak_year": 2011,
    "positive_growth_year_share_pct": 44,
    "trend_acceleration_pct": 3.2975368145500616,
    "trend_label": "Stable",
    "top_market_iso3": "GBR",
    "top_market_exports_usd": 13330993.122361653,
    "top_market_share_pct": 20.65352739891847,
    "destination_hhi": 1188.3793295531973,
    "weighted_share_latest_pct": 8.238721106129656,
    "weighted_share_change_1y_pp": 0.43218890398950544,
    "weighted_volatility_cv": 0.6091448829410671,
    "weighted_max_drawdown_pct": 81.70538238352104,
    "limited_history_lane_share_pct": 19.774011299435028,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 851829,
      "hs_description": "Loudspeakers: not 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: not mounted in their enclosures",
    "hs_chapter": 85,
    "hs_heading": 8518,
    "destinations": [
      {
        "hs_code": 851829,
        "corridor_rank": 65,
        "exporter_iso3": "BEL",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 13330993.122361653,
        "exports_all_year_avg_usd": 12167046.730504777,
        "exports_avg_3y_usd": 9266172.455142314,
        "exports_avg_5y_usd": 10669891.124682914,
        "exports_avg_10y_usd": 15182325.946452472,
        "exports_cagr_3y_pct": 3.489288990870021,
        "exports_cagr_5y_pct": -5.113226733794218,
        "exports_cagr_10y_pct": 1.6208503460155121,
        "exports_historical_peak_usd": 22855206.651649557,
        "buyer_imports_latest_observed_usd": 106047594.03890327,
        "historical_peak_year": 2017,
        "positive_growth_year_share_pct": 60,
        "trend_acceleration_pct": 1.8684386448545087,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": 9.8492,
        "buyer_yoy_all_avg_pct": 2.4505,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 12.570764328204575,
        "market_share_change_1y_pp": 4.200351158002,
        "peer_best_share_pct": 27.71659702880351,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 86,
        "buyer_market_hhi": 1491.12,
        "distance_km": 323.77960205078125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.3585021804062243,
        "max_drawdown_pct": 72.05541237861325,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 851829,
        "corridor_rank": 69,
        "exporter_iso3": "BEL",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 12006517.503705254,
        "exports_all_year_avg_usd": 27822591.152326945,
        "exports_avg_3y_usd": 13370833.39119176,
        "exports_avg_5y_usd": 13158310.382300654,
        "exports_avg_10y_usd": 18935392.785425205,
        "exports_cagr_3y_pct": 2.232731439514102,
        "exports_cagr_5y_pct": -8.875080879548648,
        "exports_cagr_10y_pct": -11.29304361340533,
        "exports_historical_peak_usd": 51144503.16403745,
        "buyer_imports_latest_observed_usd": 308779014.7363131,
        "historical_peak_year": 2011,
        "positive_growth_year_share_pct": 44,
        "trend_acceleration_pct": 13.525775052919432,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 1.0034,
        "buyer_yoy_all_avg_pct": 3.1783,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 3.888385198054478,
        "market_share_change_1y_pp": -1.668075636918787,
        "peer_best_share_pct": 22.22843361951401,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 73,
        "buyer_market_hhi": 1449.22,
        "distance_km": 196.8760986328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.4932326456223397,
        "max_drawdown_pct": 78.25917933785017,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 851829,
        "corridor_rank": 88,
        "exporter_iso3": "BEL",
        "importer_iso3": "ESP",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 9554711.952747058,
        "exports_all_year_avg_usd": 6190950.600723407,
        "exports_avg_3y_usd": 7605370.695649543,
        "exports_avg_5y_usd": 6602936.365304073,
        "exports_avg_10y_usd": 5808559.655103257,
        "exports_cagr_3y_pct": 22.21151641492771,
        "exports_cagr_5y_pct": 6.7690921377816515,
        "exports_cagr_10y_pct": 10.919595227710976,
        "exports_historical_peak_usd": 11097443.523964295,
        "buyer_imports_latest_observed_usd": 62041383.13975973,
        "historical_peak_year": 2004,
        "positive_growth_year_share_pct": 64,
        "trend_acceleration_pct": 11.291921187216735,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 5.2016,
        "buyer_yoy_all_avg_pct": 3.1836,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 15.400546327639558,
        "market_share_change_1y_pp": 2.2544714587883323,
        "peer_best_share_pct": 24.12575177942227,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 64,
        "buyer_market_hhi": 1340.25,
        "distance_km": 1316.64013671875,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.3737403873772871,
        "max_drawdown_pct": 77.87903587082188,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 851829,
      "num_markets": 150,
      "highest_price_importer_iso3": "BIH",
      "highest_price_usd_per_ton": 1348500,
      "lowest_price_importer_iso3": "TZA",
      "lowest_price_usd_per_ton": 100.25706940874036,
      "median_price_across_markets": 22235.623003194887,
      "price_spread_pct": 6064.14195247351,
      "avg_quantity_metric_tons": 62.02486538461538,
      "total_trade_value_usd": 346206637
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 86321798.40291297,
        "active_destinations": 105,
        "yoy_growth_pct": -5.887404293176622
      },
      {
        "year": 2011,
        "export_value_usd": 107128744.95553185,
        "active_destinations": 113,
        "yoy_growth_pct": 24.103930800307253
      },
      {
        "year": 2012,
        "export_value_usd": 99664864.93121058,
        "active_destinations": 118,
        "yoy_growth_pct": -6.9672056994781935
      },
      {
        "year": 2013,
        "export_value_usd": 80619911.59450912,
        "active_destinations": 113,
        "yoy_growth_pct": -19.108994277819388
      },
      {
        "year": 2014,
        "export_value_usd": 76645347.78395422,
        "active_destinations": 114,
        "yoy_growth_pct": -4.930002690334886
      },
      {
        "year": 2015,
        "export_value_usd": 69496461.18555582,
        "active_destinations": 123,
        "yoy_growth_pct": -9.327228338175836
      },
      {
        "year": 2016,
        "export_value_usd": 72201445.95356603,
        "active_destinations": 116,
        "yoy_growth_pct": 3.8922626013832478
      },
      {
        "year": 2017,
        "export_value_usd": 74944715.04764451,
        "active_destinations": 116,
        "yoy_growth_pct": 3.79946558943255
      },
      {
        "year": 2018,
        "export_value_usd": 73440906.89727575,
        "active_destinations": 125,
        "yoy_growth_pct": -2.0065566323292456
      },
      {
        "year": 2019,
        "export_value_usd": 68457096.79567,
        "active_destinations": 121,
        "yoy_growth_pct": -6.786149997543964
      },
      {
        "year": 2020,
        "export_value_usd": 63129979.67849426,
        "active_destinations": 123,
        "yoy_growth_pct": -7.781687168353142
      },
      {
        "year": 2021,
        "export_value_usd": 61537607.66224412,
        "active_destinations": 124,
        "yoy_growth_pct": -2.5223705509802268
      },
      {
        "year": 2022,
        "export_value_usd": 53017488.158188745,
        "active_destinations": 127,
        "yoy_growth_pct": -13.8453863055889
      },
      {
        "year": 2023,
        "export_value_usd": 67473354.72940455,
        "active_destinations": 128,
        "yoy_growth_pct": 27.26622303961989
      },
      {
        "year": 2024,
        "export_value_usd": 64520205.359818265,
        "active_destinations": 127,
        "yoy_growth_pct": -4.376763807623932
      }
    ],
    "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": "851829",
    "hs_description": "Loudspeakers: not mounted in their enclosures",
    "hs_chapter": 85,
    "hs_heading": 8518
  },
  "destinations": [
    {
      "hs_code": 851829,
      "corridor_rank": 65,
      "exporter_iso3": "BEL",
      "importer_iso3": "GBR",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 13330993.122361653,
      "exports_all_year_avg_usd": 12167046.730504777,
      "exports_avg_3y_usd": 9266172.455142314,
      "exports_avg_5y_usd": 10669891.124682914,
      "exports_avg_10y_usd": 15182325.946452472,
      "exports_cagr_3y_pct": 3.489288990870021,
      "exports_cagr_5y_pct": -5.113226733794218,
      "exports_cagr_10y_pct": 1.6208503460155121,
      "exports_historical_peak_usd": 22855206.651649557,
      "buyer_imports_latest_observed_usd": 106047594.03890327,
      "historical_peak_year": 2017,
      "positive_growth_year_share_pct": 60,
      "trend_acceleration_pct": 1.8684386448545087,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": 9.8492,
      "buyer_yoy_all_avg_pct": 2.4505,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 12.570764328204575,
      "market_share_change_1y_pp": 4.200351158002,
      "peer_best_share_pct": 27.71659702880351,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 86,
      "buyer_market_hhi": 1491.12,
      "distance_km": 323.77960205078125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.3585021804062243,
      "max_drawdown_pct": 72.05541237861325,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 851829,
      "corridor_rank": 69,
      "exporter_iso3": "BEL",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 12006517.503705254,
      "exports_all_year_avg_usd": 27822591.152326945,
      "exports_avg_3y_usd": 13370833.39119176,
      "exports_avg_5y_usd": 13158310.382300654,
      "exports_avg_10y_usd": 18935392.785425205,
      "exports_cagr_3y_pct": 2.232731439514102,
      "exports_cagr_5y_pct": -8.875080879548648,
      "exports_cagr_10y_pct": -11.29304361340533,
      "exports_historical_peak_usd": 51144503.16403745,
      "buyer_imports_latest_observed_usd": 308779014.7363131,
      "historical_peak_year": 2011,
      "positive_growth_year_share_pct": 44,
      "trend_acceleration_pct": 13.525775052919432,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": 1.0034,
      "buyer_yoy_all_avg_pct": 3.1783,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 3.888385198054478,
      "market_share_change_1y_pp": -1.668075636918787,
      "peer_best_share_pct": 22.22843361951401,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 73,
      "buyer_market_hhi": 1449.22,
      "distance_km": 196.8760986328125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.4932326456223397,
      "max_drawdown_pct": 78.25917933785017,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 851829,
      "corridor_rank": 88,
      "exporter_iso3": "BEL",
      "importer_iso3": "ESP",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 9554711.952747058,
      "exports_all_year_avg_usd": 6190950.600723407,
      "exports_avg_3y_usd": 7605370.695649543,
      "exports_avg_5y_usd": 6602936.365304073,
      "exports_avg_10y_usd": 5808559.655103257,
      "exports_cagr_3y_pct": 22.21151641492771,
      "exports_cagr_5y_pct": 6.7690921377816515,
      "exports_cagr_10y_pct": 10.919595227710976,
      "exports_historical_peak_usd": 11097443.523964295,
      "buyer_imports_latest_observed_usd": 62041383.13975973,
      "historical_peak_year": 2004,
      "positive_growth_year_share_pct": 64,
      "trend_acceleration_pct": 11.291921187216735,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 5.2016,
      "buyer_yoy_all_avg_pct": 3.1836,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 15.400546327639558,
      "market_share_change_1y_pp": 2.2544714587883323,
      "peer_best_share_pct": 24.12575177942227,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 64,
      "buyer_market_hhi": 1340.25,
      "distance_km": 1316.64013671875,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.3737403873772871,
      "max_drawdown_pct": 77.87903587082188,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 851829,
    "num_markets": 150,
    "highest_price_importer_iso3": "BIH",
    "highest_price_usd_per_ton": 1348500,
    "lowest_price_importer_iso3": "TZA",
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