{
  "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/903031",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/903031",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/903031",
    "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": "903031",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 168,
    "current_lane_count": 104,
    "active_market_count": 104,
    "exports_latest_observed_lanes_usd": 15960174.275455918,
    "exports_current_2024_usd": 15890975.992945878,
    "exports_avg_3y_usd": 14218762.423035005,
    "exports_avg_5y_usd": 12954604.82291578,
    "exports_avg_10y_usd": 8543204.851275554,
    "exports_cagr_3y_pct": 2.920089815077964,
    "exports_cagr_5y_pct": 15.50913154035758,
    "exports_cagr_10y_pct": 14.713227971383237,
    "exports_all_year_lane_avg_usd": 6116182.065925088,
    "exports_historical_lane_peak_usd": 27345594.081345987,
    "historical_peak_year": 2023,
    "positive_growth_year_share_pct": 68,
    "trend_acceleration_pct": -11.793138156305272,
    "trend_label": "Stable",
    "top_market_iso3": "USA",
    "top_market_exports_usd": 6830623.803033613,
    "top_market_share_pct": 42.797927423248574,
    "destination_hhi": 2148.092483591762,
    "weighted_share_latest_pct": 5.286859184128282,
    "weighted_share_change_1y_pp": 0.1452227955064684,
    "weighted_volatility_cv": 1.6290123780285468,
    "weighted_max_drawdown_pct": 91.87118201356422,
    "limited_history_lane_share_pct": 23.80952380952381,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 903031,
      "hs_description": "Multimeters: for measuring or checking voltage, current, resistance or power, without a recording device",
      "hs_chapter": 90,
      "hs_heading": 9030,
      "substitution_elasticity": -8.4178162,
      "price_range_label": "Low price range",
      "trade_type_label": "Two-way vertical trade"
    },
    "hs_description": "Multimeters: for measuring or checking voltage, current, resistance or power, without a recording device",
    "hs_chapter": 90,
    "hs_heading": 9030,
    "destinations": [
      {
        "hs_code": 903031,
        "corridor_rank": 19,
        "exporter_iso3": "BEL",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 6830623.803033613,
        "exports_all_year_avg_usd": 801735.143400412,
        "exports_avg_3y_usd": 5040147.052953891,
        "exports_avg_5y_usd": 3641615.0359514155,
        "exports_avg_10y_usd": 2066629.3177665316,
        "exports_cagr_3y_pct": 38.466023225726545,
        "exports_cagr_5y_pct": 29.43321566408814,
        "exports_cagr_10y_pct": 53.05256132904963,
        "exports_historical_peak_usd": 6830623.803033613,
        "buyer_imports_latest_observed_usd": 110779520.34918633,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 60,
        "trend_acceleration_pct": -14.586538103323086,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 11.3079,
        "buyer_yoy_all_avg_pct": 3.7418,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 6.165962608885573,
        "market_share_change_1y_pp": 0.18134704579715066,
        "peer_best_share_pct": 41.80994282826621,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 82,
        "buyer_market_hhi": 2084.94,
        "distance_km": 5891.71142578125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.0467447546369697,
        "tariff_advantage_pp": null,
        "volatility_cv": 2.2097135699788923,
        "max_drawdown_pct": 98.88300677405132,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 903031,
        "corridor_rank": 80,
        "exporter_iso3": "BEL",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 1865128.6846596207,
        "exports_all_year_avg_usd": 833213.0854665439,
        "exports_avg_3y_usd": 2366517.713148489,
        "exports_avg_5y_usd": 2504633.4805212077,
        "exports_avg_10y_usd": 1629573.0199211533,
        "exports_cagr_3y_pct": -12.942675776087542,
        "exports_cagr_5y_pct": 17.59967384853478,
        "exports_cagr_10y_pct": 12.801880623930195,
        "exports_historical_peak_usd": 2839131.0756429774,
        "buyer_imports_latest_observed_usd": 31047164.82286876,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 64,
        "trend_acceleration_pct": -25.744556400017736,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -15.1838,
        "buyer_yoy_all_avg_pct": 1.7242,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 6.007404203574177,
        "market_share_change_1y_pp": -1.7486786556165095,
        "peer_best_share_pct": 21.71396774347987,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 65,
        "buyer_market_hhi": 1452.89,
        "distance_km": 173.03326416015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.039867682553565,
        "max_drawdown_pct": 75.78311689675223,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 903031,
      "num_markets": 140,
      "highest_price_importer_iso3": "HKG",
      "highest_price_usd_per_ton": 16001153.846153846,
      "lowest_price_importer_iso3": "GMB",
      "lowest_price_usd_per_ton": 333.3333333333333,
      "median_price_across_markets": 144962.12121212122,
      "price_spread_pct": 11037.932101867298,
      "avg_quantity_metric_tons": 1.235478787878788,
      "total_trade_value_usd": 51634685
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 3457225.826345894,
        "active_destinations": 80,
        "yoy_growth_pct": -35.76661104638553
      },
      {
        "year": 2011,
        "export_value_usd": 3568014.8408084,
        "active_destinations": 89,
        "yoy_growth_pct": 3.2045640067314927
      },
      {
        "year": 2012,
        "export_value_usd": 2924454.354354175,
        "active_destinations": 87,
        "yoy_growth_pct": -18.0369341263282
      },
      {
        "year": 2013,
        "export_value_usd": 3590288.753589673,
        "active_destinations": 83,
        "yoy_growth_pct": 22.767816438787893
      },
      {
        "year": 2014,
        "export_value_usd": 4027314.6689758804,
        "active_destinations": 82,
        "yoy_growth_pct": 12.172444763649064
      },
      {
        "year": 2015,
        "export_value_usd": 2360800.848442931,
        "active_destinations": 91,
        "yoy_growth_pct": -41.38027339583903
      },
      {
        "year": 2016,
        "export_value_usd": 2681101.0687193293,
        "active_destinations": 102,
        "yoy_growth_pct": 13.567439222484712
      },
      {
        "year": 2017,
        "export_value_usd": 3899645.782030953,
        "active_destinations": 103,
        "yoy_growth_pct": 45.449413583415605
      },
      {
        "year": 2018,
        "export_value_usd": 3989443.510506239,
        "active_destinations": 111,
        "yoy_growth_pct": 2.3027150027077234
      },
      {
        "year": 2019,
        "export_value_usd": 7728033.188477206,
        "active_destinations": 110,
        "yoy_growth_pct": 93.71205954227337
      },
      {
        "year": 2020,
        "export_value_usd": 7540342.738670989,
        "active_destinations": 110,
        "yoy_growth_pct": -2.4286962184126066
      },
      {
        "year": 2021,
        "export_value_usd": 14576394.10680289,
        "active_destinations": 109,
        "yoy_growth_pct": 93.3120895426569
      },
      {
        "year": 2022,
        "export_value_usd": 10534595.945578896,
        "active_destinations": 104,
        "yoy_growth_pct": -27.728381461212436
      },
      {
        "year": 2023,
        "export_value_usd": 16230715.330580246,
        "active_destinations": 111,
        "yoy_growth_pct": 54.07060142056865
      },
      {
        "year": 2024,
        "export_value_usd": 15890975.99294588,
        "active_destinations": 104,
        "yoy_growth_pct": -2.0931877043907243
      }
    ],
    "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": "903031",
    "hs_description": "Multimeters: for measuring or checking voltage, current, resistance or power, without a recording device",
    "hs_chapter": 90,
    "hs_heading": 9030
  },
  "destinations": [
    {
      "hs_code": 903031,
      "corridor_rank": 19,
      "exporter_iso3": "BEL",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 6830623.803033613,
      "exports_all_year_avg_usd": 801735.143400412,
      "exports_avg_3y_usd": 5040147.052953891,
      "exports_avg_5y_usd": 3641615.0359514155,
      "exports_avg_10y_usd": 2066629.3177665316,
      "exports_cagr_3y_pct": 38.466023225726545,
      "exports_cagr_5y_pct": 29.43321566408814,
      "exports_cagr_10y_pct": 53.05256132904963,
      "exports_historical_peak_usd": 6830623.803033613,
      "buyer_imports_latest_observed_usd": 110779520.34918633,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 60,
      "trend_acceleration_pct": -14.586538103323086,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 11.3079,
      "buyer_yoy_all_avg_pct": 3.7418,
      "buyer_trend_consistency_pct": 48.2759,
      "market_share_latest_pct": 6.165962608885573,
      "market_share_change_1y_pp": 0.18134704579715066,
      "peer_best_share_pct": 41.80994282826621,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 82,
      "buyer_market_hhi": 2084.94,
      "distance_km": 5891.71142578125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.0467447546369697,
      "tariff_advantage_pp": null,
      "volatility_cv": 2.2097135699788923,
      "max_drawdown_pct": 98.88300677405132,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 903031,
      "corridor_rank": 80,
      "exporter_iso3": "BEL",
      "importer_iso3": "NLD",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 1865128.6846596207,
      "exports_all_year_avg_usd": 833213.0854665439,
      "exports_avg_3y_usd": 2366517.713148489,
      "exports_avg_5y_usd": 2504633.4805212077,
      "exports_avg_10y_usd": 1629573.0199211533,
      "exports_cagr_3y_pct": -12.942675776087542,
      "exports_cagr_5y_pct": 17.59967384853478,
      "exports_cagr_10y_pct": 12.801880623930195,
      "exports_historical_peak_usd": 2839131.0756429774,
      "buyer_imports_latest_observed_usd": 31047164.82286876,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 64,
      "trend_acceleration_pct": -25.744556400017736,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -15.1838,
      "buyer_yoy_all_avg_pct": 1.7242,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 6.007404203574177,
      "market_share_change_1y_pp": -1.7486786556165095,
      "peer_best_share_pct": 21.71396774347987,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 65,
      "buyer_market_hhi": 1452.89,
      "distance_km": 173.03326416015625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.039867682553565,
      "max_drawdown_pct": 75.78311689675223,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 903031,
    "num_markets": 140,
    "highest_price_importer_iso3": "HKG",
    "highest_price_usd_per_ton": 16001153.846153846,
    "lowest_price_importer_iso3": "GMB",
    "lowest_price_usd_per_ton": 333.3333333333333,
    "median_price_across_markets": 144962.12121212122,
    "price_spread_pct": 11037.932101867298,
    "avg_quantity_metric_tons": 1.235478787878788,
    "total_trade_value_usd": 51634685
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 3457225.826345894,
      "active_destinations": 80,
      "yoy_growth_pct": -35.76661104638553
    },
    {
      "year": 2011,
      "export_value_usd": 3568014.8408084,
      "active_destinations": 89,
      "yoy_growth_pct": 3.2045640067314927
    },
    {
      "year": 2012,
      "export_value_usd": 2924454.354354175,
      "active_destinations": 87,
      "yoy_growth_pct": -18.0369341263282
    },
    {
      "year": 2013,
      "export_value_usd": 3590288.753589673,
      "active_destinations": 83,
      "yoy_growth_pct": 22.767816438787893
    },
    {
      "year": 2014,
      "export_value_usd": 4027314.6689758804,
      "active_destinations": 82,
      "yoy_growth_pct": 12.172444763649064
    },
    {
      "year": 2015,
      "export_value_usd": 2360800.848442931,
      "active_destinations": 91,
      "yoy_growth_pct": -41.38027339583903
    },
    {
      "year": 2016,
      "export_value_usd": 2681101.0687193293,
      "active_destinations": 102,
      "yoy_growth_pct": 13.567439222484712
    },
    {
      "year": 2017,
      "export_value_usd": 3899645.782030953,
      "active_destinations": 103,
      "yoy_growth_pct": 45.449413583415605
    },
    {
      "year": 2018,
      "export_value_usd": 3989443.510506239,
      "active_destinations": 111,
      "yoy_growth_pct": 2.3027150027077234
    },
    {
      "year": 2019,
      "export_value_usd": 7728033.188477206,
      "active_destinations": 110,
      "yoy_growth_pct": 93.71205954227337
    },
    {
      "year": 2020,
      "export_value_usd": 7540342.738670989,
      "active_destinations": 110,
      "yoy_growth_pct": -2.4286962184126066
    },
    {
      "year": 2021,
      "export_value_usd": 14576394.10680289,
      "active_destinations": 109,
      "yoy_growth_pct": 93.3120895426569
    },
    {
      "year": 2022,
      "export_value_usd": 10534595.945578896,
      "active_destinations": 104,
      "yoy_growth_pct": -27.728381461212436
    },
    {
      "year": 2023,
      "export_value_usd": 16230715.330580246,
      "active_destinations": 111,
      "yoy_growth_pct": 54.07060142056865
    },
    {
      "year": 2024,
      "export_value_usd": 15890975.99294588,
      "active_destinations": 104,
      "yoy_growth_pct": -2.0931877043907243
    }
  ],
  "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
  }
}