{
  "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/910199",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/910199",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/910199",
    "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": "910199",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 119,
    "current_lane_count": 23,
    "active_market_count": 23,
    "exports_latest_observed_lanes_usd": 5074017.034342985,
    "exports_current_2024_usd": 4206591.65702862,
    "exports_avg_3y_usd": 5112917.952233428,
    "exports_avg_5y_usd": 5200062.293848504,
    "exports_avg_10y_usd": 5955137.4941066485,
    "exports_cagr_3y_pct": -14.132879329882675,
    "exports_cagr_5y_pct": -9.537753041933673,
    "exports_cagr_10y_pct": -0.3622006732488803,
    "exports_all_year_lane_avg_usd": 5190934.382627936,
    "exports_historical_lane_peak_usd": 18324876.263547353,
    "historical_peak_year": 2018,
    "positive_growth_year_share_pct": 56,
    "trend_acceleration_pct": -13.770678656633795,
    "trend_label": "Rapid decline",
    "top_market_iso3": "HKG",
    "top_market_exports_usd": 2464448.3800001545,
    "top_market_share_pct": 48.56996662249611,
    "destination_hhi": 2713.3444704126264,
    "weighted_share_latest_pct": 14.602920003831361,
    "weighted_share_change_1y_pp": 1.392042613987293,
    "weighted_volatility_cv": 0.9991506934390121,
    "weighted_max_drawdown_pct": 65.78798529727042,
    "limited_history_lane_share_pct": 56.30252100840336,
    "data_freshness_years": 0,
    "coverage_score": 81.5,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 910199,
      "hs_description": "Pocket-watches and other watches, including stop-watches: (excluding wrist-watches), with case of precious metal or of metal clad with precious metal, not electrically operated",
      "hs_chapter": 91,
      "hs_heading": 9101,
      "substitution_elasticity": -5.9614635,
      "price_range_label": "Unclassified",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Pocket-watches and other watches, including stop-watches: (excluding wrist-watches), with case of precious metal or of metal clad with precious metal, not electrically operated",
    "hs_chapter": 91,
    "hs_heading": 9101,
    "destinations": [
      {
        "hs_code": 910199,
        "corridor_rank": 11,
        "exporter_iso3": "BEL",
        "importer_iso3": "HKG",
        "latest_data_year": 2024,
        "lane_data_years": 19,
        "exports_latest_observed_usd": 2464448.3800001545,
        "exports_all_year_avg_usd": 1561416.5631838744,
        "exports_avg_3y_usd": 2641916.929109028,
        "exports_avg_5y_usd": 2851098.819631419,
        "exports_avg_10y_usd": 2718317.126245405,
        "exports_cagr_3y_pct": -12.51721826055232,
        "exports_cagr_5y_pct": -9.221715821559595,
        "exports_cagr_10y_pct": 2.2661071129614463,
        "exports_historical_peak_usd": 3997697.025108451,
        "buyer_imports_latest_observed_usd": 29503519.873306256,
        "historical_peak_year": 2019,
        "positive_growth_year_share_pct": 61.111111111111114,
        "trend_acceleration_pct": -14.783325373513767,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 3.5504,
        "buyer_yoy_all_avg_pct": 14.2663,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 8.353065636178211,
        "market_share_change_1y_pp": -2.249362917708746,
        "peer_best_share_pct": 16.405780732478018,
        "peer_top_exporter": "ESP",
        "supplier_count_latest": 27,
        "buyer_market_hhi": 1173.16,
        "distance_km": 9405.1171875,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.8810541947121973,
        "max_drawdown_pct": 46.82129545467772,
        "attention_level": "Watch",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "['long_distance_without_fta']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 910199,
        "corridor_rank": 21,
        "exporter_iso3": "BEL",
        "importer_iso3": "CHE",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 772325.8978499281,
        "exports_all_year_avg_usd": 377069.13452173915,
        "exports_avg_3y_usd": 844105.515209738,
        "exports_avg_5y_usd": 721229.9648843051,
        "exports_avg_10y_usd": 699442.0857843866,
        "exports_cagr_3y_pct": -5.161092185471771,
        "exports_cagr_5y_pct": 14.055813049634258,
        "exports_cagr_10y_pct": 3.19796856364436,
        "exports_historical_peak_usd": 1224416.1820352455,
        "buyer_imports_latest_observed_usd": 16264134.648534883,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 56,
        "trend_acceleration_pct": -8.359060749116132,
        "trend_label": "Declining",
        "buyer_yoy_latest_pct": -14.1426,
        "buyer_yoy_all_avg_pct": 15.4908,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 4.748644268753035,
        "market_share_change_1y_pp": 1.921378717357995,
        "peer_best_share_pct": 24.35241232144839,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 40,
        "buyer_market_hhi": 1095.44,
        "distance_km": 487.4554748535156,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.012764303815058584,
        "tariff_advantage_pp": -0.020929647224547474,
        "volatility_cv": 0.9495125756229389,
        "max_drawdown_pct": 99.15144722305013,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 910199,
        "corridor_rank": 49,
        "exporter_iso3": "BEL",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 22,
        "exports_latest_observed_usd": 163623.9632739826,
        "exports_all_year_avg_usd": 252328.42995236284,
        "exports_avg_3y_usd": 290162.19491742906,
        "exports_avg_5y_usd": 273974.3091760332,
        "exports_avg_10y_usd": 401013.2870270793,
        "exports_cagr_3y_pct": -26.92340617496911,
        "exports_cagr_5y_pct": -12.546420759261201,
        "exports_cagr_10y_pct": -16.61149947407613,
        "exports_historical_peak_usd": 1293051.4092104575,
        "buyer_imports_latest_observed_usd": 12023570.924909437,
        "historical_peak_year": 2015,
        "positive_growth_year_share_pct": 52.38095238095238,
        "trend_acceleration_pct": -10.31190670089298,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 31.1472,
        "buyer_yoy_all_avg_pct": 14.2914,
        "buyer_trend_consistency_pct": 44.8276,
        "market_share_latest_pct": 1.3608599666094214,
        "market_share_change_1y_pp": -1.7079166200502072,
        "peer_best_share_pct": 39.49505650648915,
        "peer_top_exporter": "GBR",
        "supplier_count_latest": 47,
        "buyer_market_hhi": 2265.52,
        "distance_km": 5891.71142578125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.0467447546369697,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.2912359190496234,
        "max_drawdown_pct": 99.75960964908207,
        "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"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 910199,
      "num_markets": 63,
      "highest_price_importer_iso3": "HKG",
      "highest_price_usd_per_ton": 572357571.4285715,
      "lowest_price_importer_iso3": "POL",
      "lowest_price_usd_per_ton": 299.3966817496229,
      "median_price_across_markets": 275000,
      "price_spread_pct": 208129.91710250534,
      "avg_quantity_metric_tons": 0.4186946564885495,
      "total_trade_value_usd": 50927001
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 1396353.5617110862,
        "active_destinations": 34,
        "yoy_growth_pct": -25.891371205794222
      },
      {
        "year": 2011,
        "export_value_usd": 1544961.7616043002,
        "active_destinations": 27,
        "yoy_growth_pct": 10.642591100717366
      },
      {
        "year": 2012,
        "export_value_usd": 2169654.993647235,
        "active_destinations": 35,
        "yoy_growth_pct": 40.43421964011902
      },
      {
        "year": 2013,
        "export_value_usd": 4976893.125482759,
        "active_destinations": 43,
        "yoy_growth_pct": 129.38638355199964
      },
      {
        "year": 2014,
        "export_value_usd": 4362034.417110095,
        "active_destinations": 38,
        "yoy_growth_pct": -12.354267870942543
      },
      {
        "year": 2015,
        "export_value_usd": 7354524.326021248,
        "active_destinations": 38,
        "yoy_growth_pct": 68.60307881049954
      },
      {
        "year": 2016,
        "export_value_usd": 4568008.755503962,
        "active_destinations": 38,
        "yoy_growth_pct": -37.88845405892856
      },
      {
        "year": 2017,
        "export_value_usd": 7006861.074023581,
        "active_destinations": 44,
        "yoy_growth_pct": 53.38983458779634
      },
      {
        "year": 2018,
        "export_value_usd": 7677928.497591412,
        "active_destinations": 46,
        "yoy_growth_pct": 9.577290265617904
      },
      {
        "year": 2019,
        "export_value_usd": 6943740.818683751,
        "active_destinations": 43,
        "yoy_growth_pct": -9.56231461569325
      },
      {
        "year": 2020,
        "export_value_usd": 4017251.1523111593,
        "active_destinations": 28,
        "yoy_growth_pct": -42.14572148917468
      },
      {
        "year": 2021,
        "export_value_usd": 6644306.460231082,
        "active_destinations": 29,
        "yoy_growth_pct": 65.39435072185006
      },
      {
        "year": 2022,
        "export_value_usd": 5498514.230392931,
        "active_destinations": 28,
        "yoy_growth_pct": -17.24472278177098
      },
      {
        "year": 2023,
        "export_value_usd": 5633647.96927873,
        "active_destinations": 34,
        "yoy_growth_pct": 2.457640977609011
      },
      {
        "year": 2024,
        "export_value_usd": 4206591.65702862,
        "active_destinations": 23,
        "yoy_growth_pct": -25.330945774959645
      }
    ],
    "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": "910199",
    "hs_description": "Pocket-watches and other watches, including stop-watches: (excluding wrist-watches), with case of precious metal or of metal clad with precious metal, not electrically operated",
    "hs_chapter": 91,
    "hs_heading": 9101
  },
  "destinations": [
    {
      "hs_code": 910199,
      "corridor_rank": 11,
      "exporter_iso3": "BEL",
      "importer_iso3": "HKG",
      "latest_data_year": 2024,
      "lane_data_years": 19,
      "exports_latest_observed_usd": 2464448.3800001545,
      "exports_all_year_avg_usd": 1561416.5631838744,
      "exports_avg_3y_usd": 2641916.929109028,
      "exports_avg_5y_usd": 2851098.819631419,
      "exports_avg_10y_usd": 2718317.126245405,
      "exports_cagr_3y_pct": -12.51721826055232,
      "exports_cagr_5y_pct": -9.221715821559595,
      "exports_cagr_10y_pct": 2.2661071129614463,
      "exports_historical_peak_usd": 3997697.025108451,
      "buyer_imports_latest_observed_usd": 29503519.873306256,
      "historical_peak_year": 2019,
      "positive_growth_year_share_pct": 61.111111111111114,
      "trend_acceleration_pct": -14.783325373513767,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": 3.5504,
      "buyer_yoy_all_avg_pct": 14.2663,
      "buyer_trend_consistency_pct": 48.2759,
      "market_share_latest_pct": 8.353065636178211,
      "market_share_change_1y_pp": -2.249362917708746,
      "peer_best_share_pct": 16.405780732478018,
      "peer_top_exporter": "ESP",
      "supplier_count_latest": 27,
      "buyer_market_hhi": 1173.16,
      "distance_km": 9405.1171875,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.8810541947121973,
      "max_drawdown_pct": 46.82129545467772,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "['long_distance_without_fta']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 910199,
      "corridor_rank": 21,
      "exporter_iso3": "BEL",
      "importer_iso3": "CHE",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 772325.8978499281,
      "exports_all_year_avg_usd": 377069.13452173915,
      "exports_avg_3y_usd": 844105.515209738,
      "exports_avg_5y_usd": 721229.9648843051,
      "exports_avg_10y_usd": 699442.0857843866,
      "exports_cagr_3y_pct": -5.161092185471771,
      "exports_cagr_5y_pct": 14.055813049634258,
      "exports_cagr_10y_pct": 3.19796856364436,
      "exports_historical_peak_usd": 1224416.1820352455,
      "buyer_imports_latest_observed_usd": 16264134.648534883,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 56,
      "trend_acceleration_pct": -8.359060749116132,
      "trend_label": "Declining",
      "buyer_yoy_latest_pct": -14.1426,
      "buyer_yoy_all_avg_pct": 15.4908,
      "buyer_trend_consistency_pct": 48.2759,
      "market_share_latest_pct": 4.748644268753035,
      "market_share_change_1y_pp": 1.921378717357995,
      "peer_best_share_pct": 24.35241232144839,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 40,
      "buyer_market_hhi": 1095.44,
      "distance_km": 487.4554748535156,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.012764303815058584,
      "tariff_advantage_pp": -0.020929647224547474,
      "volatility_cv": 0.9495125756229389,
      "max_drawdown_pct": 99.15144722305013,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 910199,
      "corridor_rank": 49,
      "exporter_iso3": "BEL",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 22,
      "exports_latest_observed_usd": 163623.9632739826,
      "exports_all_year_avg_usd": 252328.42995236284,
      "exports_avg_3y_usd": 290162.19491742906,
      "exports_avg_5y_usd": 273974.3091760332,
      "exports_avg_10y_usd": 401013.2870270793,
      "exports_cagr_3y_pct": -26.92340617496911,
      "exports_cagr_5y_pct": -12.546420759261201,
      "exports_cagr_10y_pct": -16.61149947407613,
      "exports_historical_peak_usd": 1293051.4092104575,
      "buyer_imports_latest_observed_usd": 12023570.924909437,
      "historical_peak_year": 2015,
      "positive_growth_year_share_pct": 52.38095238095238,
      "trend_acceleration_pct": -10.31190670089298,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": 31.1472,
      "buyer_yoy_all_avg_pct": 14.2914,
      "buyer_trend_consistency_pct": 44.8276,
      "market_share_latest_pct": 1.3608599666094214,
      "market_share_change_1y_pp": -1.7079166200502072,
      "peer_best_share_pct": 39.49505650648915,
      "peer_top_exporter": "GBR",
      "supplier_count_latest": 47,
      "buyer_market_hhi": 2265.52,
      "distance_km": 5891.71142578125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.0467447546369697,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.2912359190496234,
      "max_drawdown_pct": 99.75960964908207,
      "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"
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}