# Belgium HS 870340 exports | Yugalinks

Explore reported HS 870340 exports from Belgium: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Belgium |
| HS6 | 870340 |
| Latest exports | $4.0B |
| Active destinations | 103 |
| Three-year growth | +8.7% |
| Destination HHI | 991 |
| Weighted share | 24.4% |

## Destination markets

- Sweden: $812.9M; share 62.9%; growth +4.9%
- Poland: $557.9M; share 10.1%; growth +14.5%
- Israel: $476.9M; share 32.3%; growth +16.8%
- Netherlands: $296.3M; share 20%; growth +9.8%

## Price intelligence

- Highest reported market price: Singapore at $859.4K / ton.
- Lowest reported market price: Democratic Republic of the Congo at $427.4 / ton.
- Median reported price: $15.7K / ton.
- Price spread: 5,457.7%.

## Export history

- 2010: $40.5M
- 2011: $38.9M
- 2012: $99.9M
- 2013: $76.1M
- 2014: $57.0M
- 2015: $64.5M
- 2016: $73.4M
- 2017: $1.7B
- 2018: $2.4B
- 2019: $2.4B
- 2020: $2.6B
- 2021: $3.1B
- 2022: $2.8B
- 2023: $3.2B
- 2024: $3.9B

## 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
{
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  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/bel/870340",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/870340",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/870340",
    "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": "870340",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 150,
    "current_lane_count": 103,
    "active_market_count": 103,
    "exports_latest_observed_lanes_usd": 3981955004.143303,
    "exports_current_2024_usd": 3938254012.810787,
    "exports_avg_3y_usd": 3298121487.151026,
    "exports_avg_5y_usd": 3121202185.577178,
    "exports_avg_10y_usd": 2214946711.273243,
    "exports_cagr_3y_pct": 8.708527947010513,
    "exports_cagr_5y_pct": 10.74837639202788,
    "exports_cagr_10y_pct": 52.74242091245631,
    "exports_all_year_lane_avg_usd": 1091851473.7142973,
    "exports_historical_lane_peak_usd": 4800023196.586807,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 64,
    "trend_acceleration_pct": -44.0338929654458,
    "trend_label": "Growing",
    "top_market_iso3": "SWE",
    "top_market_exports_usd": 812895398.0786884,
    "top_market_share_pct": 20.41447975260531,
    "destination_hhi": 990.9824358144425,
    "weighted_share_latest_pct": 24.41995243829543,
    "weighted_share_change_1y_pp": 3.5625525552417256,
    "weighted_volatility_cv": 1.5114120287103894,
    "weighted_max_drawdown_pct": 88.42376508851008,
    "limited_history_lane_share_pct": 38,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 870340,
      "hs_description": "Vehicles: with both spark-ignition internal combustion piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power",
      "hs_chapter": 87,
      "hs_heading": 8703,
      "substitution_elasticity": null,
      "price_range_label": null,
      "trade_type_label": null
    },
    "hs_description": "Vehicles: with both spark-ignition internal combustion piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power",
    "hs_chapter": 87,
    "hs_heading": 8703,
    "destinations": [
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        "corridor_rank": 25,
        "exporter_iso3": "BEL",
        "importer_iso3": "SWE",
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        "lane_data_years": 19,
        "exports_latest_observed_usd": 812895398.0786884,
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        "exports_avg_3y_usd": 753461227.1836996,
        "exports_avg_5y_usd": 716744466.9034207,
        "exports_avg_10y_usd": 528128194.88085544,
        "exports_cagr_3y_pct": 4.906791382467834,
        "exports_cagr_5y_pct": 5.635610450442097,
        "exports_cagr_10y_pct": 63.42216268881013,
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        "buyer_imports_latest_observed_usd": 1292481868.5196295,
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        "buyer_yoy_all_avg_pct": 539.5107,
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        "market_share_latest_pct": 62.894143266377476,
        "market_share_change_1y_pp": 3.72939350207011,
        "peer_best_share_pct": 62.894143266377476,
        "peer_top_exporter": "BEL",
        "supplier_count_latest": 25,
        "buyer_market_hhi": 4207.23,
        "distance_km": 1283.7164306640625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.02074849988080808,
        "tariff_advantage_pp": 0.02074849988080808,
        "volatility_cv": 1.1647550811891663,
        "max_drawdown_pct": 73.54323967255303,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
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        "signal_flag": "Accelerating",
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        "importer_iso3": "POL",
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        "exports_avg_5y_usd": 392712033.1059398,
        "exports_avg_10y_usd": 239211771.92184782,
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        "exports_cagr_5y_pct": 22.740384052823014,
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        "trend_label": "Rapid growth",
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        "peer_best_share_pct": 19.286155595538244,
        "peer_top_exporter": "JPN",
        "supplier_count_latest": 36,
        "buyer_market_hhi": 1122.88,
        "distance_km": 1160.6441650390625,
        "has_reported_fta": 1,
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        "attention_level": "Watch",
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        "importer_iso3": "ISR",
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        "buyer_market_hhi": 2257.49,
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        "has_reported_fta": 1,
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        "volatility_cv": 1.5669632404110663,
        "max_drawdown_pct": 88.4516073470556,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Accelerating",
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        "importer_iso3": "NLD",
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        "exports_latest_observed_usd": 296268222.56899714,
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        "signal_flag": "Accelerating",
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    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 870340,
      "num_markets": 115,
      "highest_price_importer_iso3": "SGP",
      "highest_price_usd_per_ton": 859357.0512820513,
      "lowest_price_importer_iso3": "COD",
      "lowest_price_usd_per_ton": 427.3864384463463,
      "median_price_across_markets": 15737.803883178334,
      "price_spread_pct": 5457.7479248021955,
      "avg_quantity_metric_tons": 2244.8892305389218,
      "total_trade_value_usd": 12837964575
    },
    "history": [
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        "year": 2010,
        "export_value_usd": 40481602.294614956,
        "active_destinations": 40,
        "yoy_growth_pct": 33.10380787058229
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      {
        "year": 2011,
        "export_value_usd": 38873031.31771712,
        "active_destinations": 42,
        "yoy_growth_pct": -3.9735852479135074
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      {
        "year": 2012,
        "export_value_usd": 99927648.48947957,
        "active_destinations": 53,
        "yoy_growth_pct": 157.06163142449776
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        "year": 2013,
        "export_value_usd": 76143641.69900289,
        "active_destinations": 49,
        "yoy_growth_pct": -23.80122733797811
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      {
        "year": 2014,
        "export_value_usd": 56977977.169895895,
        "active_destinations": 54,
        "yoy_growth_pct": -25.17040701161785
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      {
        "year": 2015,
        "export_value_usd": 64476667.489848465,
        "active_destinations": 54,
        "yoy_growth_pct": 13.160681885201209
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      {
        "year": 2016,
        "export_value_usd": 73410724.72085676,
        "active_destinations": 56,
        "yoy_growth_pct": 13.856263946046706
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        "year": 2017,
        "export_value_usd": 1675572979.420264,
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        "year": 2018,
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      "exports_cagr_3y_pct": -3.1736704188207066,
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      "export_partner_hhi": 776.9307931013719,
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      "momentum_score": -6.790258520843796,
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      "gdp_million_usd": 671370.0816364061,
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      "population": 11858610,
      "labor_force": 5114.93,
      "investment_rate_pct": 23.69,
      "savings_rate_pct": 24.85,
      "secondary_education_pct": 92.2,
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      "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,
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      "avg_partner_gdp_million_usd": 533678518.3258193,
      "avg_partner_gdp_per_capita_usd": 15.774186170212769,
      "avg_buyer_biz_entry_days": null,
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      "pct_partners_with_fta": 40,
      "pct_partners_shared_language": 17.40740740740741,
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      "avg_mfn_tariff_pct": 0.13052375531925514,
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      "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,
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      "real_market_potential": 1056408.5931701933,
      "foreign_market_potential": 65137.21681860446
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "870340",
    "hs_description": "Vehicles: with both spark-ignition internal combustion piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power",
    "hs_chapter": 87,
    "hs_heading": 8703
  },
  "destinations": [
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      "corridor_rank": 25,
      "exporter_iso3": "BEL",
      "importer_iso3": "SWE",
      "latest_data_year": 2024,
      "lane_data_years": 19,
      "exports_latest_observed_usd": 812895398.0786884,
      "exports_all_year_avg_usd": 281736291.1170449,
      "exports_avg_3y_usd": 753461227.1836996,
      "exports_avg_5y_usd": 716744466.9034207,
      "exports_avg_10y_usd": 528128194.88085544,
      "exports_cagr_3y_pct": 4.906791382467834,
      "exports_cagr_5y_pct": 5.635610450442097,
      "exports_cagr_10y_pct": 63.42216268881013,
      "exports_historical_peak_usd": 812895398.0786884,
      "buyer_imports_latest_observed_usd": 1292481868.5196295,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 72.22222222222223,
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      "trend_label": "Growing",
      "buyer_yoy_latest_pct": 0.2462,
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      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 62.894143266377476,
      "market_share_change_1y_pp": 3.72939350207011,
      "peer_best_share_pct": 62.894143266377476,
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      "supplier_count_latest": 25,
      "buyer_market_hhi": 4207.23,
      "distance_km": 1283.7164306640625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.02074849988080808,
      "tariff_advantage_pp": 0.02074849988080808,
      "volatility_cv": 1.1647550811891663,
      "max_drawdown_pct": 73.54323967255303,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 870340,
      "corridor_rank": 43,
      "exporter_iso3": "BEL",
      "importer_iso3": "POL",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 557898562.0791868,
      "exports_all_year_avg_usd": 92100205.5185307,
      "exports_avg_3y_usd": 425759246.0601023,
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  "prices": [],
  "priceSummary": {
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  }
}
```
