# Belgium HS 870323 exports | Yugalinks

Explore reported HS 870323 exports from Belgium: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Belgium |
| HS6 | 870323 |
| Latest exports | $6.3B |
| Active destinations | 144 |
| Three-year growth | +5.8% |
| Destination HHI | 907 |
| Weighted share | 15.2% |

## Destination markets

- Germany: $1.1B; share 9.6%; growth +8.3%
- USA, Puerto Rico and US Virgin Islands: $998.6M; share 1.1%; growth +22.4%
- United Kingdom: $642.0M; share 10.5%; growth +6.1%
- Netherlands: $622.2M; share 29.5%; growth +13.3%
- Sweden: $441.9M; share 55%; growth +1.5%
- France: $367.1M; share 16.1%; growth -6.4%

## Price intelligence

- Highest reported market price: Norway at $172.1K / ton.
- Lowest reported market price: CYM at $508.0 / ton.
- Median reported price: $13.6K / ton.
- Price spread: 1,263%.

## Export history

- 2010: $5.9B
- 2011: $7.3B
- 2012: $6.9B
- 2013: $7.2B
- 2014: $6.7B
- 2015: $5.0B
- 2016: $5.4B
- 2017: $5.2B
- 2018: $6.1B
- 2019: $7.5B
- 2020: $6.6B
- 2021: $5.3B
- 2022: $4.4B
- 2023: $5.3B
- 2024: $6.3B

## 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/870323",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/870323",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/870323",
    "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": "870323",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 195,
    "current_lane_count": 144,
    "active_market_count": 144,
    "exports_latest_observed_lanes_usd": 6314903284.071379,
    "exports_current_2024_usd": 6311535507.963963,
    "exports_avg_3y_usd": 5347258982.626794,
    "exports_avg_5y_usd": 5601146351.517233,
    "exports_avg_10y_usd": 5718823415.501881,
    "exports_cagr_3y_pct": 5.836377238424628,
    "exports_cagr_5y_pct": -3.3329348121945768,
    "exports_cagr_10y_pct": -0.6576491604721957,
    "exports_all_year_lane_avg_usd": 7646391160.491882,
    "exports_historical_lane_peak_usd": 17286126458.85924,
    "historical_peak_year": 2004,
    "positive_growth_year_share_pct": 40,
    "trend_acceleration_pct": 6.494026398896824,
    "trend_label": "Growing",
    "top_market_iso3": "DEU",
    "top_market_exports_usd": 1098331824.1468263,
    "top_market_share_pct": 17.39269430962217,
    "destination_hhi": 907.2715009219487,
    "weighted_share_latest_pct": 15.15868296571343,
    "weighted_share_change_1y_pp": 4.151289198404866,
    "weighted_volatility_cv": 0.507142948715966,
    "weighted_max_drawdown_pct": 79.93724349539727,
    "limited_history_lane_share_pct": 8.205128205128204,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 870323,
      "hs_description": "Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc",
      "hs_chapter": 87,
      "hs_heading": 8703,
      "substitution_elasticity": -9.4088907,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc",
    "hs_chapter": 87,
    "hs_heading": 8703,
    "destinations": [
      {
        "hs_code": 870323,
        "corridor_rank": 37,
        "exporter_iso3": "BEL",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 1098331824.1468263,
        "exports_all_year_avg_usd": 1495585588.8426948,
        "exports_avg_3y_usd": 795305948.107124,
        "exports_avg_5y_usd": 829921678.2437778,
        "exports_avg_10y_usd": 846142007.3437297,
        "exports_cagr_3y_pct": 8.336576735493528,
        "exports_cagr_5y_pct": -0.8047486004749249,
        "exports_cagr_10y_pct": -0.9160894173107059,
        "exports_historical_peak_usd": 3058445437.6753793,
        "buyer_imports_latest_observed_usd": 11474635439.624712,
        "historical_peak_year": 2004,
        "positive_growth_year_share_pct": 36,
        "trend_acceleration_pct": 9.252666152804235,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": -10.0298,
        "buyer_yoy_all_avg_pct": 2.2939,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 9.57182326119067,
        "market_share_change_1y_pp": 4.139474166390745,
        "peer_best_share_pct": 21.365340066784412,
        "peer_top_exporter": "SVK",
        "supplier_count_latest": 97,
        "buyer_market_hhi": 929.92,
        "distance_km": 196.8760986328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.47556754972792004,
        "max_drawdown_pct": 80.55370639947263,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Slowing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 870323,
        "corridor_rank": 39,
        "exporter_iso3": "BEL",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 998623672.8296342,
        "exports_all_year_avg_usd": 826383346.1381278,
        "exports_avg_3y_usd": 904312639.6414684,
        "exports_avg_5y_usd": 811007277.0626659,
        "exports_avg_10y_usd": 731263386.7911623,
        "exports_cagr_3y_pct": 22.438148227345934,
        "exports_cagr_5y_pct": 7.265272057602146,
        "exports_cagr_10y_pct": 5.215757068272953,
        "exports_historical_peak_usd": 1316001294.1235683,
        "buyer_imports_latest_observed_usd": 91159397097.39975,
        "historical_peak_year": 2004,
        "positive_growth_year_share_pct": 48,
        "trend_acceleration_pct": 17.22239115907298,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -3.1712,
        "buyer_yoy_all_avg_pct": 4.7403,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 1.0954698085186432,
        "market_share_change_1y_pp": 0.08444161596204891,
        "peer_best_share_pct": 28.104712833521976,
        "peer_top_exporter": "MEX",
        "supplier_count_latest": 110,
        "buyer_market_hhi": 1659.93,
        "distance_km": 5891.71142578125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.0467447546369697,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.2863961388524428,
        "max_drawdown_pct": 66.7649415154949,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 870323,
        "corridor_rank": 64,
        "exporter_iso3": "BEL",
        "importer_iso3": "GBR",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 641951917.0562682,
        "exports_all_year_avg_usd": 1319611441.1700163,
        "exports_avg_3y_usd": 436191420.197598,
        "exports_avg_5y_usd": 623447334.4128177,
        "exports_avg_10y_usd": 965969243.1506599,
        "exports_cagr_3y_pct": 6.084228873288855,
        "exports_cagr_5y_pct": -17.98286878109091,
        "exports_cagr_10y_pct": 0.1900219337941378,
        "exports_historical_peak_usd": 2516102064.109095,
        "buyer_imports_latest_observed_usd": 6089861716.208377,
        "historical_peak_year": 1999,
        "positive_growth_year_share_pct": 48,
        "trend_acceleration_pct": 5.894206939494717,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": -4.8797,
        "buyer_yoy_all_avg_pct": 1.6681,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 10.541321740486998,
        "market_share_change_1y_pp": 2.5984540670447744,
        "peer_best_share_pct": 39.61438126854638,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 76,
        "buyer_market_hhi": 1965.26,
        "distance_km": 323.77960205078125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.495757280482834,
        "max_drawdown_pct": 93.71654612349062,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Slowing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 870323,
        "corridor_rank": 65,
        "exporter_iso3": "BEL",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 622202646.7998745,
        "exports_all_year_avg_usd": 786264533.2185044,
        "exports_avg_3y_usd": 496745267.9966238,
        "exports_avg_5y_usd": 474867011.08611333,
        "exports_avg_10y_usd": 494132622.1218087,
        "exports_cagr_3y_pct": 13.310116381556437,
        "exports_cagr_5y_pct": 1.9788825628977325,
        "exports_cagr_10y_pct": -0.33444800074304837,
        "exports_historical_peak_usd": 1384869816.690312,
        "buyer_imports_latest_observed_usd": 2108280209.8843393,
        "historical_peak_year": 2004,
        "positive_growth_year_share_pct": 52,
        "trend_acceleration_pct": 13.644564382299485,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 0.5477,
        "buyer_yoy_all_avg_pct": -0.0671,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 29.51233160956383,
        "market_share_change_1y_pp": 6.692004829627351,
        "peer_best_share_pct": 32.66719589198636,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 68,
        "buyer_market_hhi": 2195.39,
        "distance_km": 173.03326416015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.3793240679203238,
        "max_drawdown_pct": 71.87191728943809,
        "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": 870323,
        "corridor_rank": 80,
        "exporter_iso3": "BEL",
        "importer_iso3": "SWE",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 441923559.0960946,
        "exports_all_year_avg_usd": 361005447.6765648,
        "exports_avg_3y_usd": 296416114.52747566,
        "exports_avg_5y_usd": 401781086.1838766,
        "exports_avg_10y_usd": 398610421.206661,
        "exports_cagr_3y_pct": 1.470632646824943,
        "exports_cagr_5y_pct": 1.4726956908859945,
        "exports_cagr_10y_pct": 12.095063552929819,
        "exports_historical_peak_usd": 696671031.9138552,
        "buyer_imports_latest_observed_usd": 804019920.9996454,
        "historical_peak_year": 2020,
        "positive_growth_year_share_pct": 60,
        "trend_acceleration_pct": -10.624430906104877,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 20.2457,
        "buyer_yoy_all_avg_pct": 0.8146,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 54.96425493371445,
        "market_share_change_1y_pp": 23.17785732008819,
        "peer_best_share_pct": 54.96425493371445,
        "peer_top_exporter": "BEL",
        "supplier_count_latest": 44,
        "buyer_market_hhi": 3797.22,
        "distance_km": 1283.7164306640625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.02074849988080808,
        "tariff_advantage_pp": 0.02074849988080808,
        "volatility_cv": 0.4727257330305882,
        "max_drawdown_pct": 81.50195349988164,
        "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"
      },
      {
        "hs_code": 870323,
        "corridor_rank": 90,
        "exporter_iso3": "BEL",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 367104385.82627875,
        "exports_all_year_avg_usd": 311051471.7110173,
        "exports_avg_3y_usd": 348137200.76823115,
        "exports_avg_5y_usd": 386952802.6557606,
        "exports_avg_10y_usd": 345625100.69858176,
        "exports_cagr_3y_pct": -6.353203490949144,
        "exports_cagr_5y_pct": 6.976853450125797,
        "exports_cagr_10y_pct": -1.5213046568980815,
        "exports_historical_peak_usd": 447003369.17013615,
        "buyer_imports_latest_observed_usd": 2283446475.2632008,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 48,
        "trend_acceleration_pct": -4.831898834051063,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -22.4589,
        "buyer_yoy_all_avg_pct": 0.6141,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 16.076767719460758,
        "market_share_change_1y_pp": 3.532036591584683,
        "peer_best_share_pct": 21.878423974091785,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 81,
        "buyer_market_hhi": 1136.67,
        "distance_km": 262.384521484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.3176560139909115,
        "max_drawdown_pct": 73.22909145633523,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 870323,
      "num_markets": 196,
      "highest_price_importer_iso3": "NOR",
      "highest_price_usd_per_ton": 172125.48575489086,
      "lowest_price_importer_iso3": "CYM",
      "lowest_price_usd_per_ton": 508,
      "median_price_across_markets": 13587.710084033613,
      "price_spread_pct": 1263.0346444950414,
      "avg_quantity_metric_tons": 2743.190321969697,
      "total_trade_value_usd": 27577897998
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 5868254294.1860695,
        "active_destinations": 155,
        "yoy_growth_pct": -9.581725681114186
      },
      {
        "year": 2011,
        "export_value_usd": 7268215214.896438,
        "active_destinations": 153,
        "yoy_growth_pct": 23.856514229408383
      },
      {
        "year": 2012,
        "export_value_usd": 6943411788.506839,
        "active_destinations": 163,
        "yoy_growth_pct": -4.468819604074242
      },
      {
        "year": 2013,
        "export_value_usd": 7249703085.633472,
        "active_destinations": 164,
        "yoy_growth_pct": 4.411250642423741
      },
      {
        "year": 2014,
        "export_value_usd": 6742030307.866422,
        "active_destinations": 162,
        "yoy_growth_pct": -7.0026699268979895
      },
      {
        "year": 2015,
        "export_value_usd": 5017700741.55853,
        "active_destinations": 159,
        "yoy_growth_pct": -25.57582045123692
      },
      {
        "year": 2016,
        "export_value_usd": 5365448341.802865,
        "active_destinations": 161,
        "yoy_growth_pct": 6.930417299783458
      },
      {
        "year": 2017,
        "export_value_usd": 5225232403.992977,
        "active_destinations": 162,
        "yoy_growth_pct": -2.6133126046046953
      },
      {
        "year": 2018,
        "export_value_usd": 6096862983.890597,
        "active_destinations": 165,
        "yoy_growth_pct": 16.681183007889647
      },
      {
        "year": 2019,
        "export_value_usd": 7477257926.187666,
        "active_destinations": 165,
        "yoy_growth_pct": 22.641068791350722
      },
      {
        "year": 2020,
        "export_value_usd": 6640051823.470595,
        "active_destinations": 151,
        "yoy_growth_pct": -11.196699525168395
      },
      {
        "year": 2021,
        "export_value_usd": 5323902986.235186,
        "active_destinations": 153,
        "yoy_growth_pct": -19.82136393248043
      },
      {
        "year": 2022,
        "export_value_usd": 4428696324.417635,
        "active_destinations": 152,
        "yoy_growth_pct": -16.814856772035185
      },
      {
        "year": 2023,
        "export_value_usd": 5301545115.498784,
        "active_destinations": 145,
        "yoy_growth_pct": 19.708932993863087
      },
      {
        "year": 2024,
        "export_value_usd": 6311535507.963962,
        "active_destinations": 144,
        "yoy_growth_pct": 19.05086857626703
      }
    ],
    "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,
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}
```
