{
  "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/910121",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/910121",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/910121",
    "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": "910121",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 123,
    "current_lane_count": 77,
    "active_market_count": 77,
    "exports_latest_observed_lanes_usd": 21444904.075409535,
    "exports_current_2024_usd": 20405851.130225312,
    "exports_avg_3y_usd": 20936554.070659574,
    "exports_avg_5y_usd": 21120368.34739254,
    "exports_avg_10y_usd": 20219275.373325817,
    "exports_cagr_3y_pct": -6.6380374861797815,
    "exports_cagr_5y_pct": 0.7713940196292235,
    "exports_cagr_10y_pct": -3.2721851081956133,
    "exports_all_year_lane_avg_usd": 17646706.488698926,
    "exports_historical_lane_peak_usd": 58169690.34075476,
    "historical_peak_year": 2014,
    "positive_growth_year_share_pct": 64,
    "trend_acceleration_pct": -3.3658523779841683,
    "trend_label": "Declining",
    "top_market_iso3": "LUX",
    "top_market_exports_usd": 10852786.23903423,
    "top_market_share_pct": 50.607763041845054,
    "destination_hhi": 2939.7120243734266,
    "weighted_share_latest_pct": 29.83780813762803,
    "weighted_share_change_1y_pp": 6.614364201556486,
    "weighted_volatility_cv": 0.8709496595728116,
    "weighted_max_drawdown_pct": 72.69018249290741,
    "limited_history_lane_share_pct": 61.78861788617886,
    "data_freshness_years": 0,
    "coverage_score": 90,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 910121,
      "hs_description": "Wrist-watches: (not electrically operated), automatic winding, whether or not incorporating a stop-watch facility, case of precious metal or of metal clad with precious metal",
      "hs_chapter": 91,
      "hs_heading": 9101,
      "substitution_elasticity": -12.312179,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Wrist-watches: (not electrically operated), automatic winding, whether or not incorporating a stop-watch facility, case of precious metal or of metal clad with precious metal",
    "hs_chapter": 91,
    "hs_heading": 9101,
    "destinations": [
      {
        "hs_code": 910121,
        "corridor_rank": 100,
        "exporter_iso3": "BEL",
        "importer_iso3": "LUX",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 10852786.23903423,
        "exports_all_year_avg_usd": 3524723.036271446,
        "exports_avg_3y_usd": 8793787.97888706,
        "exports_avg_5y_usd": 7436947.721395786,
        "exports_avg_10y_usd": 6029028.326629738,
        "exports_cagr_3y_pct": 17.58910947214629,
        "exports_cagr_5y_pct": 12.552952028189445,
        "exports_cagr_10y_pct": 7.739034140942058,
        "exports_historical_peak_usd": 10852786.23903423,
        "buyer_imports_latest_observed_usd": 18823967.994742792,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 68,
        "trend_acceleration_pct": 9.850075331204232,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -9.5291,
        "buyer_yoy_all_avg_pct": 16.3909,
        "buyer_trend_consistency_pct": 64,
        "market_share_latest_pct": 57.6540835708243,
        "market_share_change_1y_pp": 13.817567282041978,
        "peer_best_share_pct": 57.65408357082431,
        "peer_top_exporter": "BEL",
        "supplier_count_latest": 22,
        "buyer_market_hhi": 3946.15,
        "distance_km": 187.80914306640625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.729275242391564,
        "max_drawdown_pct": 55.68390847083321,
        "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": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 910121,
      "num_markets": 46,
      "highest_price_importer_iso3": "CHE",
      "highest_price_usd_per_ton": 848267000,
      "lowest_price_importer_iso3": "AGO",
      "lowest_price_usd_per_ton": 4813.186813186813,
      "median_price_across_markets": 21116170.731707316,
      "price_spread_pct": 4017.1212744527843,
      "avg_quantity_metric_tons": 0.07468571428571427,
      "total_trade_value_usd": 86152212
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 14156802.813749086,
        "active_destinations": 27,
        "yoy_growth_pct": 39.28095384990243
      },
      {
        "year": 2011,
        "export_value_usd": 19361422.62137118,
        "active_destinations": 28,
        "yoy_growth_pct": 36.76409056547264
      },
      {
        "year": 2012,
        "export_value_usd": 17499176.81752988,
        "active_destinations": 34,
        "yoy_growth_pct": -9.618331463855085
      },
      {
        "year": 2013,
        "export_value_usd": 23735136.19143093,
        "active_destinations": 32,
        "yoy_growth_pct": 35.635729834183685
      },
      {
        "year": 2014,
        "export_value_usd": 28460396.317762,
        "active_destinations": 38,
        "yoy_growth_pct": 19.908291607094398
      },
      {
        "year": 2015,
        "export_value_usd": 19504761.945054222,
        "active_destinations": 35,
        "yoy_growth_pct": -31.467005141873617
      },
      {
        "year": 2016,
        "export_value_usd": 16815135.29301692,
        "active_destinations": 32,
        "yoy_growth_pct": -13.789589740259828
      },
      {
        "year": 2017,
        "export_value_usd": 21631517.3863395,
        "active_destinations": 32,
        "yoy_growth_pct": 28.64313613535272
      },
      {
        "year": 2018,
        "export_value_usd": 19002802.947961736,
        "active_destinations": 32,
        "yoy_growth_pct": -12.152242449888519
      },
      {
        "year": 2019,
        "export_value_usd": 19636694.42392307,
        "active_destinations": 34,
        "yoy_growth_pct": 3.335778820088891
      },
      {
        "year": 2020,
        "export_value_usd": 17716956.910779,
        "active_destinations": 39,
        "yoy_growth_pct": -9.776276351305272
      },
      {
        "year": 2021,
        "export_value_usd": 25075222.614204995,
        "active_destinations": 37,
        "yoy_growth_pct": 41.53233391310686
      },
      {
        "year": 2022,
        "export_value_usd": 19683860.39532602,
        "active_destinations": 40,
        "yoy_growth_pct": -21.500755155109953
      },
      {
        "year": 2023,
        "export_value_usd": 22719950.686427366,
        "active_destinations": 36,
        "yoy_growth_pct": 15.424262467449093
      },
      {
        "year": 2024,
        "export_value_usd": 20405851.13022532,
        "active_destinations": 77,
        "yoy_growth_pct": -10.185319449590455
      }
    ],
    "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": "910121",
    "hs_description": "Wrist-watches: (not electrically operated), automatic winding, whether or not incorporating a stop-watch facility, case of precious metal or of metal clad with precious metal",
    "hs_chapter": 91,
    "hs_heading": 9101
  },
  "destinations": [
    {
      "hs_code": 910121,
      "corridor_rank": 100,
      "exporter_iso3": "BEL",
      "importer_iso3": "LUX",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 10852786.23903423,
      "exports_all_year_avg_usd": 3524723.036271446,
      "exports_avg_3y_usd": 8793787.97888706,
      "exports_avg_5y_usd": 7436947.721395786,
      "exports_avg_10y_usd": 6029028.326629738,
      "exports_cagr_3y_pct": 17.58910947214629,
      "exports_cagr_5y_pct": 12.552952028189445,
      "exports_cagr_10y_pct": 7.739034140942058,
      "exports_historical_peak_usd": 10852786.23903423,
      "buyer_imports_latest_observed_usd": 18823967.994742792,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 68,
      "trend_acceleration_pct": 9.850075331204232,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -9.5291,
      "buyer_yoy_all_avg_pct": 16.3909,
      "buyer_trend_consistency_pct": 64,
      "market_share_latest_pct": 57.6540835708243,
      "market_share_change_1y_pp": 13.817567282041978,
      "peer_best_share_pct": 57.65408357082431,
      "peer_top_exporter": "BEL",
      "supplier_count_latest": 22,
      "buyer_market_hhi": 3946.15,
      "distance_km": 187.80914306640625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.729275242391564,
      "max_drawdown_pct": 55.68390847083321,
      "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": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 910121,
    "num_markets": 46,
    "highest_price_importer_iso3": "CHE",
    "highest_price_usd_per_ton": 848267000,
    "lowest_price_importer_iso3": "AGO",
    "lowest_price_usd_per_ton": 4813.186813186813,
    "median_price_across_markets": 21116170.731707316,
    "price_spread_pct": 4017.1212744527843,
    "avg_quantity_metric_tons": 0.07468571428571427,
    "total_trade_value_usd": 86152212
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 14156802.813749086,
      "active_destinations": 27,
      "yoy_growth_pct": 39.28095384990243
    },
    {
      "year": 2011,
      "export_value_usd": 19361422.62137118,
      "active_destinations": 28,
      "yoy_growth_pct": 36.76409056547264
    },
    {
      "year": 2012,
      "export_value_usd": 17499176.81752988,
      "active_destinations": 34,
      "yoy_growth_pct": -9.618331463855085
    },
    {
      "year": 2013,
      "export_value_usd": 23735136.19143093,
      "active_destinations": 32,
      "yoy_growth_pct": 35.635729834183685
    },
    {
      "year": 2014,
      "export_value_usd": 28460396.317762,
      "active_destinations": 38,
      "yoy_growth_pct": 19.908291607094398
    },
    {
      "year": 2015,
      "export_value_usd": 19504761.945054222,
      "active_destinations": 35,
      "yoy_growth_pct": -31.467005141873617
    },
    {
      "year": 2016,
      "export_value_usd": 16815135.29301692,
      "active_destinations": 32,
      "yoy_growth_pct": -13.789589740259828
    },
    {
      "year": 2017,
      "export_value_usd": 21631517.3863395,
      "active_destinations": 32,
      "yoy_growth_pct": 28.64313613535272
    },
    {
      "year": 2018,
      "export_value_usd": 19002802.947961736,
      "active_destinations": 32,
      "yoy_growth_pct": -12.152242449888519
    },
    {
      "year": 2019,
      "export_value_usd": 19636694.42392307,
      "active_destinations": 34,
      "yoy_growth_pct": 3.335778820088891
    },
    {
      "year": 2020,
      "export_value_usd": 17716956.910779,
      "active_destinations": 39,
      "yoy_growth_pct": -9.776276351305272
    },
    {
      "year": 2021,
      "export_value_usd": 25075222.614204995,
      "active_destinations": 37,
      "yoy_growth_pct": 41.53233391310686
    },
    {
      "year": 2022,
      "export_value_usd": 19683860.39532602,
      "active_destinations": 40,
      "yoy_growth_pct": -21.500755155109953
    },
    {
      "year": 2023,
      "export_value_usd": 22719950.686427366,
      "active_destinations": 36,
      "yoy_growth_pct": 15.424262467449093
    },
    {
      "year": 2024,
      "export_value_usd": 20405851.13022532,
      "active_destinations": 77,
      "yoy_growth_pct": -10.185319449590455
    }
  ],
  "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
  }
}