{
  "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/854089",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/854089",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/854089",
    "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": "854089",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 139,
    "current_lane_count": 70,
    "active_market_count": 70,
    "exports_latest_observed_lanes_usd": 2279317.950078776,
    "exports_current_2024_usd": 2106741.2040513926,
    "exports_avg_3y_usd": 3313297.9731460004,
    "exports_avg_5y_usd": 3638011.601242193,
    "exports_avg_10y_usd": 2447759.0606635977,
    "exports_cagr_3y_pct": -27.588828990774083,
    "exports_cagr_5y_pct": 2.699352395894894,
    "exports_cagr_10y_pct": 7.821748122705663,
    "exports_all_year_lane_avg_usd": 1661883.8838351911,
    "exports_historical_lane_peak_usd": 9925184.47972458,
    "historical_peak_year": 2021,
    "positive_growth_year_share_pct": 56,
    "trend_acceleration_pct": -35.41057711347975,
    "trend_label": "Rapid decline",
    "top_market_iso3": "ITA",
    "top_market_exports_usd": 755698.4845132031,
    "top_market_share_pct": 33.154588392860475,
    "destination_hhi": 1335.6330345346917,
    "weighted_share_latest_pct": 8.5430813878403,
    "weighted_share_change_1y_pp": 1.594402240934446,
    "weighted_volatility_cv": 1.3615991928200029,
    "weighted_max_drawdown_pct": 86.54011621249198,
    "limited_history_lane_share_pct": 41.007194244604314,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 854089,
      "hs_description": "Valves and tubes: n.e.s. in heading no. 8540",
      "hs_chapter": 85,
      "hs_heading": 8540,
      "substitution_elasticity": -13.583126,
      "price_range_label": "Low price range",
      "trade_type_label": "Two-way vertical trade"
    },
    "hs_description": "Valves and tubes: n.e.s. in heading no. 8540",
    "hs_chapter": 85,
    "hs_heading": 8540,
    "destinations": [
      {
        "hs_code": 854089,
        "corridor_rank": 42,
        "exporter_iso3": "BEL",
        "importer_iso3": "CHN",
        "latest_data_year": 2024,
        "lane_data_years": 15,
        "exports_latest_observed_usd": 191265.52291624233,
        "exports_all_year_avg_usd": 26270.36046369121,
        "exports_avg_3y_usd": 109103.05024594277,
        "exports_avg_5y_usd": 79615.00047198191,
        "exports_avg_10y_usd": 45907.11481128908,
        "exports_cagr_3y_pct": 110.04710908170989,
        "exports_cagr_5y_pct": 132.415289829799,
        "exports_cagr_10y_pct": 51.67230461906742,
        "exports_historical_peak_usd": 191265.52291624233,
        "buyer_imports_latest_observed_usd": 30279093.646505952,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 64.28571428571429,
        "trend_acceleration_pct": 58.37480446264247,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -6.5671,
        "buyer_yoy_all_avg_pct": 8.6404,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 0.6316751919630637,
        "market_share_change_1y_pp": 0.5485440010852907,
        "peer_best_share_pct": 44.74249481511372,
        "peer_top_exporter": "JPN",
        "supplier_count_latest": 40,
        "buyer_market_hhi": 2566.12,
        "distance_km": 7970.81982421875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.30189875567878793,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.8704492385454408,
        "max_drawdown_pct": 96.87256235229094,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','long_distance_without_fta']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 854089,
        "corridor_rank": 62,
        "exporter_iso3": "BEL",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 25,
        "exports_latest_observed_usd": 42987.3398209096,
        "exports_all_year_avg_usd": 39535.75059288889,
        "exports_avg_3y_usd": 16521.028126082747,
        "exports_avg_5y_usd": 146251.47162698448,
        "exports_avg_10y_usd": 74710.10707887521,
        "exports_cagr_3y_pct": -59.35299552392648,
        "exports_cagr_5y_pct": 545.0215083322986,
        "exports_cagr_10y_pct": -4.959033004717661,
        "exports_historical_peak_usd": 640110.4755976787,
        "buyer_imports_latest_observed_usd": 39159441.22896973,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 45.833333333333336,
        "trend_acceleration_pct": -54.39396251920882,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 12.3026,
        "buyer_yoy_all_avg_pct": -1.4807,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 0.10977516142162937,
        "market_share_change_1y_pp": 0.09134515654759079,
        "peer_best_share_pct": 28.37200488094344,
        "peer_top_exporter": "GBR",
        "supplier_count_latest": 44,
        "buyer_market_hhi": 1665.96,
        "distance_km": 5891.71142578125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.0467447546369697,
        "tariff_advantage_pp": null,
        "volatility_cv": 3.1456534875589504,
        "max_drawdown_pct": 99.99828431475244,
        "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"
      },
      {
        "hs_code": 854089,
        "corridor_rank": 78,
        "exporter_iso3": "BEL",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 19848.40565491161,
        "exports_all_year_avg_usd": 114875.43837830448,
        "exports_avg_3y_usd": 671658.2683934177,
        "exports_avg_5y_usd": 452320.01006787847,
        "exports_avg_10y_usd": 247061.43916785982,
        "exports_cagr_3y_pct": -54.53306384583525,
        "exports_cagr_5y_pct": -8.437499296260276,
        "exports_cagr_10y_pct": -7.783130298131602,
        "exports_historical_peak_usd": 1117596.216999847,
        "buyer_imports_latest_observed_usd": 16248310.031395493,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 52,
        "trend_acceleration_pct": -46.74993354770365,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 26.8787,
        "buyer_yoy_all_avg_pct": 19.7876,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 0.12215673886428742,
        "market_share_change_1y_pp": -8.604852385683134,
        "peer_best_share_pct": 48.23711621475202,
        "peer_top_exporter": "FRA",
        "supplier_count_latest": 38,
        "buyer_market_hhi": 3434.33,
        "distance_km": 173.03326416015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 2.2721872217690415,
        "max_drawdown_pct": 98.22400923043618,
        "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"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 854089,
      "num_markets": 79,
      "highest_price_importer_iso3": "SAU",
      "highest_price_usd_per_ton": 25599000,
      "lowest_price_importer_iso3": "EST",
      "lowest_price_usd_per_ton": 724.4094488188977,
      "median_price_across_markets": 563241.3793103448,
      "price_spread_pct": 4544.814449161162,
      "avg_quantity_metric_tons": 0.28940975609756103,
      "total_trade_value_usd": 13605344
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 353932.89752512675,
        "active_destinations": 48,
        "yoy_growth_pct": -20.447087194747343
      },
      {
        "year": 2011,
        "export_value_usd": 645022.9699073146,
        "active_destinations": 57,
        "yoy_growth_pct": 82.24442384916269
      },
      {
        "year": 2012,
        "export_value_usd": 510165.45691438986,
        "active_destinations": 51,
        "yoy_growth_pct": -20.907396989645637
      },
      {
        "year": 2013,
        "export_value_usd": 690450.9808339748,
        "active_destinations": 70,
        "yoy_growth_pct": 35.338637980312804
      },
      {
        "year": 2014,
        "export_value_usd": 992081.8431340483,
        "active_destinations": 72,
        "yoy_growth_pct": 43.68606471320277
      },
      {
        "year": 2015,
        "export_value_usd": 868228.7759210203,
        "active_destinations": 52,
        "yoy_growth_pct": -12.484158244623087
      },
      {
        "year": 2016,
        "export_value_usd": 830522.0829648742,
        "active_destinations": 48,
        "yoy_growth_pct": -4.342944394597689
      },
      {
        "year": 2017,
        "export_value_usd": 1110396.6135535976,
        "active_destinations": 51,
        "yoy_growth_pct": 33.69862600035889
      },
      {
        "year": 2018,
        "export_value_usd": 1634335.2476790324,
        "active_destinations": 50,
        "yoy_growth_pct": 47.18481916553007
      },
      {
        "year": 2019,
        "export_value_usd": 1844049.8803064907,
        "active_destinations": 49,
        "yoy_growth_pct": 12.831800141695545
      },
      {
        "year": 2020,
        "export_value_usd": 2701422.7886359813,
        "active_destinations": 52,
        "yoy_growth_pct": 46.49401935846718
      },
      {
        "year": 2021,
        "export_value_usd": 5548741.298136983,
        "active_destinations": 55,
        "yoy_growth_pct": 105.40069927146381
      },
      {
        "year": 2022,
        "export_value_usd": 4144626.3198815435,
        "active_destinations": 50,
        "yoy_growth_pct": -25.305108002185612
      },
      {
        "year": 2023,
        "export_value_usd": 3688526.3955050632,
        "active_destinations": 45,
        "yoy_growth_pct": -11.00460908112739
      },
      {
        "year": 2024,
        "export_value_usd": 2106741.2040513926,
        "active_destinations": 70,
        "yoy_growth_pct": -42.88393308995365
      }
    ],
    "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": "854089",
    "hs_description": "Valves and tubes: n.e.s. in heading no. 8540",
    "hs_chapter": 85,
    "hs_heading": 8540
  },
  "destinations": [
    {
      "hs_code": 854089,
      "corridor_rank": 42,
      "exporter_iso3": "BEL",
      "importer_iso3": "CHN",
      "latest_data_year": 2024,
      "lane_data_years": 15,
      "exports_latest_observed_usd": 191265.52291624233,
      "exports_all_year_avg_usd": 26270.36046369121,
      "exports_avg_3y_usd": 109103.05024594277,
      "exports_avg_5y_usd": 79615.00047198191,
      "exports_avg_10y_usd": 45907.11481128908,
      "exports_cagr_3y_pct": 110.04710908170989,
      "exports_cagr_5y_pct": 132.415289829799,
      "exports_cagr_10y_pct": 51.67230461906742,
      "exports_historical_peak_usd": 191265.52291624233,
      "buyer_imports_latest_observed_usd": 30279093.646505952,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 64.28571428571429,
      "trend_acceleration_pct": 58.37480446264247,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -6.5671,
      "buyer_yoy_all_avg_pct": 8.6404,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 0.6316751919630637,
      "market_share_change_1y_pp": 0.5485440010852907,
      "peer_best_share_pct": 44.74249481511372,
      "peer_top_exporter": "JPN",
      "supplier_count_latest": 40,
      "buyer_market_hhi": 2566.12,
      "distance_km": 7970.81982421875,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.30189875567878793,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.8704492385454408,
      "max_drawdown_pct": 96.87256235229094,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market','long_distance_without_fta']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 854089,
      "corridor_rank": 62,
      "exporter_iso3": "BEL",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 25,
      "exports_latest_observed_usd": 42987.3398209096,
      "exports_all_year_avg_usd": 39535.75059288889,
      "exports_avg_3y_usd": 16521.028126082747,
      "exports_avg_5y_usd": 146251.47162698448,
      "exports_avg_10y_usd": 74710.10707887521,
      "exports_cagr_3y_pct": -59.35299552392648,
      "exports_cagr_5y_pct": 545.0215083322986,
      "exports_cagr_10y_pct": -4.959033004717661,
      "exports_historical_peak_usd": 640110.4755976787,
      "buyer_imports_latest_observed_usd": 39159441.22896973,
      "historical_peak_year": 2021,
      "positive_growth_year_share_pct": 45.833333333333336,
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      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": 12.3026,
      "buyer_yoy_all_avg_pct": -1.4807,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 0.10977516142162937,
      "market_share_change_1y_pp": 0.09134515654759079,
      "peer_best_share_pct": 28.37200488094344,
      "peer_top_exporter": "GBR",
      "supplier_count_latest": 44,
      "buyer_market_hhi": 1665.96,
      "distance_km": 5891.71142578125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.0467447546369697,
      "tariff_advantage_pp": null,
      "volatility_cv": 3.1456534875589504,
      "max_drawdown_pct": 99.99828431475244,
      "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"
    },
    {
      "hs_code": 854089,
      "corridor_rank": 78,
      "exporter_iso3": "BEL",
      "importer_iso3": "NLD",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 19848.40565491161,
      "exports_all_year_avg_usd": 114875.43837830448,
      "exports_avg_3y_usd": 671658.2683934177,
      "exports_avg_5y_usd": 452320.01006787847,
      "exports_avg_10y_usd": 247061.43916785982,
      "exports_cagr_3y_pct": -54.53306384583525,
      "exports_cagr_5y_pct": -8.437499296260276,
      "exports_cagr_10y_pct": -7.783130298131602,
      "exports_historical_peak_usd": 1117596.216999847,
      "buyer_imports_latest_observed_usd": 16248310.031395493,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 52,
      "trend_acceleration_pct": -46.74993354770365,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": 26.8787,
      "buyer_yoy_all_avg_pct": 19.7876,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 0.12215673886428742,
      "market_share_change_1y_pp": -8.604852385683134,
      "peer_best_share_pct": 48.23711621475202,
      "peer_top_exporter": "FRA",
      "supplier_count_latest": 38,
      "buyer_market_hhi": 3434.33,
      "distance_km": 173.03326416015625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 2.2721872217690415,
      "max_drawdown_pct": 98.22400923043618,
      "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"
    }
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  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 854089,
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}