{
  "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/920710",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/920710",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/920710",
    "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": "920710",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 139,
    "current_lane_count": 67,
    "active_market_count": 67,
    "exports_latest_observed_lanes_usd": 19198661.69641598,
    "exports_current_2024_usd": 19044532.182962533,
    "exports_avg_3y_usd": 16264805.517722612,
    "exports_avg_5y_usd": 15229483.11670297,
    "exports_avg_10y_usd": 15439539.406997811,
    "exports_cagr_3y_pct": 7.35157262161259,
    "exports_cagr_5y_pct": 9.191851967288356,
    "exports_cagr_10y_pct": 7.733203906827657,
    "exports_all_year_lane_avg_usd": 25754089.497590374,
    "exports_historical_lane_peak_usd": 107351745.88182417,
    "historical_peak_year": 2008,
    "positive_growth_year_share_pct": 52,
    "trend_acceleration_pct": -0.3816312852150672,
    "trend_label": "Growing",
    "top_market_iso3": "NLD",
    "top_market_exports_usd": 8285669.09499456,
    "top_market_share_pct": 43.15753475952616,
    "destination_hhi": 2163.3320616481183,
    "weighted_share_latest_pct": 13.226489570180414,
    "weighted_share_change_1y_pp": 1.8254691371879763,
    "weighted_volatility_cv": 1.0355604509288485,
    "weighted_max_drawdown_pct": 93.25139350006006,
    "limited_history_lane_share_pct": 40.28776978417266,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 920710,
      "hs_description": "Musical instruments: keyboard, (other than accordions), the sound of which is produced or must be amplified electrically",
      "hs_chapter": 92,
      "hs_heading": 9207,
      "substitution_elasticity": -10.96628,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Musical instruments: keyboard, (other than accordions), the sound of which is produced or must be amplified electrically",
    "hs_chapter": 92,
    "hs_heading": 9207,
    "destinations": [
      {
        "hs_code": 920710,
        "corridor_rank": 35,
        "exporter_iso3": "BEL",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 8285669.09499456,
        "exports_all_year_avg_usd": 4724420.162853292,
        "exports_avg_3y_usd": 5647970.696270611,
        "exports_avg_5y_usd": 4343661.526452502,
        "exports_avg_10y_usd": 4336713.692457369,
        "exports_cagr_3y_pct": 46.636884211677824,
        "exports_cagr_5y_pct": 28.750035616533708,
        "exports_cagr_10y_pct": 6.356261663964324,
        "exports_historical_peak_usd": 10799406.678087872,
        "buyer_imports_latest_observed_usd": 40300828.90025208,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 64,
        "trend_acceleration_pct": 40.2806225477135,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 38.6909,
        "buyer_yoy_all_avg_pct": 4.0606,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 20.55955006658121,
        "market_share_change_1y_pp": 3.287202695153475,
        "peer_best_share_pct": 30.744243481044137,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 53,
        "buyer_market_hhi": 2010.12,
        "distance_km": 173.03326416015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.5444242528876717,
        "max_drawdown_pct": 86.91957239225205,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 920710,
        "corridor_rank": 86,
        "exporter_iso3": "BEL",
        "importer_iso3": "ITA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 1744500.4388168035,
        "exports_all_year_avg_usd": 3061571.2523076716,
        "exports_avg_3y_usd": 1958590.560603297,
        "exports_avg_5y_usd": 1473889.9636875144,
        "exports_avg_10y_usd": 1683586.9603274155,
        "exports_cagr_3y_pct": 25.52737434471455,
        "exports_cagr_5y_pct": 4.892482015862187,
        "exports_cagr_10y_pct": 90.21175778773751,
        "exports_historical_peak_usd": 15172503.96539467,
        "buyer_imports_latest_observed_usd": 26830639.480189428,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 52,
        "trend_acceleration_pct": -64.68438344302297,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 4.356,
        "buyer_yoy_all_avg_pct": 2.3775,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 6.501896610048622,
        "market_share_change_1y_pp": -0.43691361268077067,
        "peer_best_share_pct": 44.94239847064207,
        "peer_top_exporter": "FRA",
        "supplier_count_latest": 33,
        "buyer_market_hhi": 2727.75,
        "distance_km": 1174.9036865234375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.4496466714371639,
        "max_drawdown_pct": 99.9878722542686,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 920710,
        "corridor_rank": 97,
        "exporter_iso3": "BEL",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 1451948.8701524974,
        "exports_all_year_avg_usd": 6195631.122139974,
        "exports_avg_3y_usd": 2095270.1260096387,
        "exports_avg_5y_usd": 2729092.874108202,
        "exports_avg_10y_usd": 2882349.7317612213,
        "exports_cagr_3y_pct": -35.64327330981971,
        "exports_cagr_5y_pct": 1.993454506963377,
        "exports_cagr_10y_pct": -9.952881291919269,
        "exports_historical_peak_usd": 21953782.858619984,
        "buyer_imports_latest_observed_usd": 59058708.962964475,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 44,
        "trend_acceleration_pct": -25.690392017900443,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -11.8424,
        "buyer_yoy_all_avg_pct": 1.5832,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 2.45848393174834,
        "market_share_change_1y_pp": -1.5823390965996431,
        "peer_best_share_pct": 45.420860332837634,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 61,
        "buyer_market_hhi": 2706.51,
        "distance_km": 262.384521484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.003158114283967,
        "max_drawdown_pct": 95.27880230069987,
        "attention_level": "High attention",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 920710,
      "num_markets": 95,
      "highest_price_importer_iso3": "ARE",
      "highest_price_usd_per_ton": 2258000,
      "lowest_price_importer_iso3": "AGO",
      "lowest_price_usd_per_ton": 74.78632478632478,
      "median_price_across_markets": 26135.618479880774,
      "price_spread_pct": 8639.264517169802,
      "avg_quantity_metric_tons": 13.444547945205478,
      "total_trade_value_usd": 89894294
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 16842922.794665266,
        "active_destinations": 53,
        "yoy_growth_pct": -74.62308751782288
      },
      {
        "year": 2011,
        "export_value_usd": 7962977.999520013,
        "active_destinations": 42,
        "yoy_growth_pct": -52.722113040605024
      },
      {
        "year": 2012,
        "export_value_usd": 6896483.129989052,
        "active_destinations": 31,
        "yoy_growth_pct": -13.39316609433363
      },
      {
        "year": 2013,
        "export_value_usd": 4005800.5650806166,
        "active_destinations": 34,
        "yoy_growth_pct": -41.91531408724006
      },
      {
        "year": 2014,
        "export_value_usd": 9042209.240478596,
        "active_destinations": 40,
        "yoy_growth_pct": 125.72789367751815
      },
      {
        "year": 2015,
        "export_value_usd": 7910280.721368953,
        "active_destinations": 33,
        "yoy_growth_pct": -12.518273897516346
      },
      {
        "year": 2016,
        "export_value_usd": 14751992.744645113,
        "active_destinations": 44,
        "yoy_growth_pct": 86.49139346968883
      },
      {
        "year": 2017,
        "export_value_usd": 24681467.354897,
        "active_destinations": 57,
        "yoy_growth_pct": 67.30937834724891
      },
      {
        "year": 2018,
        "export_value_usd": 18634955.649842713,
        "active_destinations": 57,
        "yoy_growth_pct": -24.498185695813625
      },
      {
        "year": 2019,
        "export_value_usd": 12269282.015709493,
        "active_destinations": 67,
        "yoy_growth_pct": -34.15985395268139
      },
      {
        "year": 2020,
        "export_value_usd": 11959226.096046703,
        "active_destinations": 65,
        "yoy_growth_pct": -2.527090984344456
      },
      {
        "year": 2021,
        "export_value_usd": 15393772.93430032,
        "active_destinations": 62,
        "yoy_growth_pct": 28.71880513563463
      },
      {
        "year": 2022,
        "export_value_usd": 13669057.900745954,
        "active_destinations": 64,
        "yoy_growth_pct": -11.203978653676028
      },
      {
        "year": 2023,
        "export_value_usd": 16080826.469459351,
        "active_destinations": 63,
        "yoy_growth_pct": 17.643999946637
      },
      {
        "year": 2024,
        "export_value_usd": 19044532.182962526,
        "active_destinations": 67,
        "yoy_growth_pct": 18.430058424744736
      }
    ],
    "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": "920710",
    "hs_description": "Musical instruments: keyboard, (other than accordions), the sound of which is produced or must be amplified electrically",
    "hs_chapter": 92,
    "hs_heading": 9207
  },
  "destinations": [
    {
      "hs_code": 920710,
      "corridor_rank": 35,
      "exporter_iso3": "BEL",
      "importer_iso3": "NLD",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 8285669.09499456,
      "exports_all_year_avg_usd": 4724420.162853292,
      "exports_avg_3y_usd": 5647970.696270611,
      "exports_avg_5y_usd": 4343661.526452502,
      "exports_avg_10y_usd": 4336713.692457369,
      "exports_cagr_3y_pct": 46.636884211677824,
      "exports_cagr_5y_pct": 28.750035616533708,
      "exports_cagr_10y_pct": 6.356261663964324,
      "exports_historical_peak_usd": 10799406.678087872,
      "buyer_imports_latest_observed_usd": 40300828.90025208,
      "historical_peak_year": 2008,
      "positive_growth_year_share_pct": 64,
      "trend_acceleration_pct": 40.2806225477135,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 38.6909,
      "buyer_yoy_all_avg_pct": 4.0606,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 20.55955006658121,
      "market_share_change_1y_pp": 3.287202695153475,
      "peer_best_share_pct": 30.744243481044137,
      "peer_top_exporter": "DEU",
      "supplier_count_latest": 53,
      "buyer_market_hhi": 2010.12,
      "distance_km": 173.03326416015625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.5444242528876717,
      "max_drawdown_pct": 86.91957239225205,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 920710,
      "corridor_rank": 86,
      "exporter_iso3": "BEL",
      "importer_iso3": "ITA",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 1744500.4388168035,
      "exports_all_year_avg_usd": 3061571.2523076716,
      "exports_avg_3y_usd": 1958590.560603297,
      "exports_avg_5y_usd": 1473889.9636875144,
      "exports_avg_10y_usd": 1683586.9603274155,
      "exports_cagr_3y_pct": 25.52737434471455,
      "exports_cagr_5y_pct": 4.892482015862187,
      "exports_cagr_10y_pct": 90.21175778773751,
      "exports_historical_peak_usd": 15172503.96539467,
      "buyer_imports_latest_observed_usd": 26830639.480189428,
      "historical_peak_year": 2008,
      "positive_growth_year_share_pct": 52,
      "trend_acceleration_pct": -64.68438344302297,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 4.356,
      "buyer_yoy_all_avg_pct": 2.3775,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 6.501896610048622,
      "market_share_change_1y_pp": -0.43691361268077067,
      "peer_best_share_pct": 44.94239847064207,
      "peer_top_exporter": "FRA",
      "supplier_count_latest": 33,
      "buyer_market_hhi": 2727.75,
      "distance_km": 1174.9036865234375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.4496466714371639,
      "max_drawdown_pct": 99.9878722542686,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 920710,
      "corridor_rank": 97,
      "exporter_iso3": "BEL",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 1451948.8701524974,
      "exports_all_year_avg_usd": 6195631.122139974,
      "exports_avg_3y_usd": 2095270.1260096387,
      "exports_avg_5y_usd": 2729092.874108202,
      "exports_avg_10y_usd": 2882349.7317612213,
      "exports_cagr_3y_pct": -35.64327330981971,
      "exports_cagr_5y_pct": 1.993454506963377,
      "exports_cagr_10y_pct": -9.952881291919269,
      "exports_historical_peak_usd": 21953782.858619984,
      "buyer_imports_latest_observed_usd": 59058708.962964475,
      "historical_peak_year": 2008,
      "positive_growth_year_share_pct": 44,
      "trend_acceleration_pct": -25.690392017900443,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -11.8424,
      "buyer_yoy_all_avg_pct": 1.5832,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 2.45848393174834,
      "market_share_change_1y_pp": -1.5823390965996431,
      "peer_best_share_pct": 45.420860332837634,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 61,
      "buyer_market_hhi": 2706.51,
      "distance_km": 262.384521484375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.003158114283967,
      "max_drawdown_pct": 95.27880230069987,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['high_volatility','unrecovered_drawdown','concentrated_buyer_market']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
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    "highest_price_usd_per_ton": 2258000,
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    {
      "year": 2016,
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    {
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    {
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    {
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}