{
  "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/920992",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/920992",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/920992",
    "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": "920992",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 97,
    "current_lane_count": 45,
    "active_market_count": 45,
    "exports_latest_observed_lanes_usd": 823002.8814494439,
    "exports_current_2024_usd": 760137.4177204309,
    "exports_avg_3y_usd": 805196.1166662751,
    "exports_avg_5y_usd": 949831.2070362199,
    "exports_avg_10y_usd": 971688.6820671808,
    "exports_cagr_3y_pct": -14.314167754203499,
    "exports_cagr_5y_pct": -3.3056125743512577,
    "exports_cagr_10y_pct": -2.85945626956976,
    "exports_all_year_lane_avg_usd": 1225866.530673452,
    "exports_historical_lane_peak_usd": 4455348.858694475,
    "historical_peak_year": 2005,
    "positive_growth_year_share_pct": 60,
    "trend_acceleration_pct": -11.454711484633739,
    "trend_label": "Rapid decline",
    "top_market_iso3": "NLD",
    "top_market_exports_usd": 176840.06003471618,
    "top_market_share_pct": 21.48717386302119,
    "destination_hhi": 917.2957320228859,
    "weighted_share_latest_pct": 3.8481462829199216,
    "weighted_share_change_1y_pp": 2.72765899525765,
    "weighted_volatility_cv": 0.8565584275388313,
    "weighted_max_drawdown_pct": 86.82029053923237,
    "limited_history_lane_share_pct": 46.391752577319586,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 920992,
      "hs_description": "Musical instruments: parts and accessories for string musical instruments other than keyboard instruments",
      "hs_chapter": 92,
      "hs_heading": 9209,
      "substitution_elasticity": -5.6793571,
      "price_range_label": "Low price range",
      "trade_type_label": "Two-way vertical trade"
    },
    "hs_description": "Musical instruments: parts and accessories for string musical instruments other than keyboard instruments",
    "hs_chapter": 92,
    "hs_heading": 9209,
    "destinations": [
      {
        "hs_code": 920992,
        "corridor_rank": 64,
        "exporter_iso3": "BEL",
        "importer_iso3": "JPN",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 100204.78569770545,
        "exports_all_year_avg_usd": 180574.56384901024,
        "exports_avg_3y_usd": 95897.2458515064,
        "exports_avg_5y_usd": 115465.67812196592,
        "exports_avg_10y_usd": 169549.18032559427,
        "exports_cagr_3y_pct": 4.271145921214425,
        "exports_cagr_5y_pct": -3.5413886225882707,
        "exports_cagr_10y_pct": -9.489175558500673,
        "exports_historical_peak_usd": 394354.0987393603,
        "buyer_imports_latest_observed_usd": 14203313.142038438,
        "historical_peak_year": 2015,
        "positive_growth_year_share_pct": 60,
        "trend_acceleration_pct": 13.760321479715099,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": 81.1471,
        "buyer_yoy_all_avg_pct": 2.1874,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 0.70550289707493,
        "market_share_change_1y_pp": 0.2771354415453187,
        "peer_best_share_pct": 28.511602707642343,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 42,
        "buyer_market_hhi": 1647.9,
        "distance_km": 9463.2626953125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.039966357792484856,
        "tariff_advantage_pp": 0.030413669105984857,
        "volatility_cv": 0.48248936953361665,
        "max_drawdown_pct": 91.48296602744526,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown','buyer_macro_weakness']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 920992,
        "corridor_rank": 67,
        "exporter_iso3": "BEL",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 89450.89829704934,
        "exports_all_year_avg_usd": 57857.04557029456,
        "exports_avg_3y_usd": 60534.27100367465,
        "exports_avg_5y_usd": 74902.06332569208,
        "exports_avg_10y_usd": 68710.84332952157,
        "exports_cagr_3y_pct": 1.7015677826994535,
        "exports_cagr_5y_pct": -5.551597843617273,
        "exports_cagr_10y_pct": 16.834750705069435,
        "exports_historical_peak_usd": 119017.72124109458,
        "buyer_imports_latest_observed_usd": 42613586.50045697,
        "historical_peak_year": 2019,
        "positive_growth_year_share_pct": 44,
        "trend_acceleration_pct": -15.133182922369983,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": -2.3261,
        "buyer_yoy_all_avg_pct": 4.2129,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 0.2099116869594868,
        "market_share_change_1y_pp": 0.16014900618654968,
        "peer_best_share_pct": 30.869215881088923,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 62,
        "buyer_market_hhi": 1616.87,
        "distance_km": 5891.71142578125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.0467447546369697,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.5359676644399445,
        "max_drawdown_pct": 98.48406036662949,
        "attention_level": "Stable",
        "primary_risk_reason": "No material risk condition is currently identified",
        "risk_driver_labels": "[]",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 920992,
        "corridor_rank": 80,
        "exporter_iso3": "BEL",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 47439.10590192177,
        "exports_all_year_avg_usd": 126926.69937396559,
        "exports_avg_3y_usd": 50682.08894684841,
        "exports_avg_5y_usd": 130892.28735250996,
        "exports_avg_10y_usd": 162122.24029896857,
        "exports_cagr_3y_pct": -43.45879621316634,
        "exports_cagr_5y_pct": -25.61271277225643,
        "exports_cagr_10y_pct": -8.071881230657763,
        "exports_historical_peak_usd": 262446.8372529972,
        "buyer_imports_latest_observed_usd": 12366012.317980684,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 60,
        "trend_acceleration_pct": -35.38691498250857,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -7.9114,
        "buyer_yoy_all_avg_pct": 5.0165,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 0.3836249284091638,
        "market_share_change_1y_pp": -0.022815191969174864,
        "peer_best_share_pct": 34.537277986693,
        "peer_top_exporter": "CHN",
        "supplier_count_latest": 62,
        "buyer_market_hhi": 1552.58,
        "distance_km": 196.8760986328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.5344781016014222,
        "max_drawdown_pct": 81.92429887955146,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 920992,
      "num_markets": 62,
      "highest_price_importer_iso3": "SGP",
      "highest_price_usd_per_ton": 22423000,
      "lowest_price_importer_iso3": "ITA",
      "lowest_price_usd_per_ton": 786.8852459016393,
      "median_price_across_markets": 36233.333333333336,
      "price_spread_pct": 61882.83288340597,
      "avg_quantity_metric_tons": 0.5893150684931507,
      "total_trade_value_usd": 5663341
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 938635.1855283375,
        "active_destinations": 43,
        "yoy_growth_pct": 19.427344155987644
      },
      {
        "year": 2011,
        "export_value_usd": 876412.2171494626,
        "active_destinations": 42,
        "yoy_growth_pct": -6.629089697276901
      },
      {
        "year": 2012,
        "export_value_usd": 1016782.3620914394,
        "active_destinations": 40,
        "yoy_growth_pct": 16.016452326341575
      },
      {
        "year": 2013,
        "export_value_usd": 1561400.057206901,
        "active_destinations": 44,
        "yoy_growth_pct": 53.562858230076586
      },
      {
        "year": 2014,
        "export_value_usd": 1015983.8645774105,
        "active_destinations": 44,
        "yoy_growth_pct": -34.93122663292034
      },
      {
        "year": 2015,
        "export_value_usd": 1123521.3532945383,
        "active_destinations": 46,
        "yoy_growth_pct": 10.584566592684725
      },
      {
        "year": 2016,
        "export_value_usd": 853468.249276663,
        "active_destinations": 51,
        "yoy_growth_pct": -24.036312547686776
      },
      {
        "year": 2017,
        "export_value_usd": 980342.6203058328,
        "active_destinations": 49,
        "yoy_growth_pct": 14.865740012788912
      },
      {
        "year": 2018,
        "export_value_usd": 1111137.52091096,
        "active_destinations": 46,
        "yoy_growth_pct": 13.341753984369632
      },
      {
        "year": 2019,
        "export_value_usd": 899261.0417027154,
        "active_destinations": 45,
        "yoy_growth_pct": -19.06842989466675
      },
      {
        "year": 2020,
        "export_value_usd": 1125294.7340025904,
        "active_destinations": 49,
        "yoy_growth_pct": 25.13549256752956
      },
      {
        "year": 2021,
        "export_value_usd": 1208272.951179683,
        "active_destinations": 55,
        "yoy_growth_pct": 7.373909667376223
      },
      {
        "year": 2022,
        "export_value_usd": 1055687.0815243055,
        "active_destinations": 47,
        "yoy_growth_pct": -12.628427170069648
      },
      {
        "year": 2023,
        "export_value_usd": 599763.8507540892,
        "active_destinations": 45,
        "yoy_growth_pct": -43.18734582902248
      },
      {
        "year": 2024,
        "export_value_usd": 760137.4177204308,
        "active_destinations": 45,
        "yoy_growth_pct": 26.739451996765435
      }
    ],
    "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": "920992",
    "hs_description": "Musical instruments: parts and accessories for string musical instruments other than keyboard instruments",
    "hs_chapter": 92,
    "hs_heading": 9209
  },
  "destinations": [
    {
      "hs_code": 920992,
      "corridor_rank": 64,
      "exporter_iso3": "BEL",
      "importer_iso3": "JPN",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 100204.78569770545,
      "exports_all_year_avg_usd": 180574.56384901024,
      "exports_avg_3y_usd": 95897.2458515064,
      "exports_avg_5y_usd": 115465.67812196592,
      "exports_avg_10y_usd": 169549.18032559427,
      "exports_cagr_3y_pct": 4.271145921214425,
      "exports_cagr_5y_pct": -3.5413886225882707,
      "exports_cagr_10y_pct": -9.489175558500673,
      "exports_historical_peak_usd": 394354.0987393603,
      "buyer_imports_latest_observed_usd": 14203313.142038438,
      "historical_peak_year": 2015,
      "positive_growth_year_share_pct": 60,
      "trend_acceleration_pct": 13.760321479715099,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": 81.1471,
      "buyer_yoy_all_avg_pct": 2.1874,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 0.70550289707493,
      "market_share_change_1y_pp": 0.2771354415453187,
      "peer_best_share_pct": 28.511602707642343,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 42,
      "buyer_market_hhi": 1647.9,
      "distance_km": 9463.2626953125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.039966357792484856,
      "tariff_advantage_pp": 0.030413669105984857,
      "volatility_cv": 0.48248936953361665,
      "max_drawdown_pct": 91.48296602744526,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown','buyer_macro_weakness']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 920992,
      "corridor_rank": 67,
      "exporter_iso3": "BEL",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 89450.89829704934,
      "exports_all_year_avg_usd": 57857.04557029456,
      "exports_avg_3y_usd": 60534.27100367465,
      "exports_avg_5y_usd": 74902.06332569208,
      "exports_avg_10y_usd": 68710.84332952157,
      "exports_cagr_3y_pct": 1.7015677826994535,
      "exports_cagr_5y_pct": -5.551597843617273,
      "exports_cagr_10y_pct": 16.834750705069435,
      "exports_historical_peak_usd": 119017.72124109458,
      "buyer_imports_latest_observed_usd": 42613586.50045697,
      "historical_peak_year": 2019,
      "positive_growth_year_share_pct": 44,
      "trend_acceleration_pct": -15.133182922369983,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": -2.3261,
      "buyer_yoy_all_avg_pct": 4.2129,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 0.2099116869594868,
      "market_share_change_1y_pp": 0.16014900618654968,
      "peer_best_share_pct": 30.869215881088923,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 62,
      "buyer_market_hhi": 1616.87,
      "distance_km": 5891.71142578125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.0467447546369697,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.5359676644399445,
      "max_drawdown_pct": 98.48406036662949,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": "[]",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 920992,
      "corridor_rank": 80,
      "exporter_iso3": "BEL",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 47439.10590192177,
      "exports_all_year_avg_usd": 126926.69937396559,
      "exports_avg_3y_usd": 50682.08894684841,
      "exports_avg_5y_usd": 130892.28735250996,
      "exports_avg_10y_usd": 162122.24029896857,
      "exports_cagr_3y_pct": -43.45879621316634,
      "exports_cagr_5y_pct": -25.61271277225643,
      "exports_cagr_10y_pct": -8.071881230657763,
      "exports_historical_peak_usd": 262446.8372529972,
      "buyer_imports_latest_observed_usd": 12366012.317980684,
      "historical_peak_year": 2021,
      "positive_growth_year_share_pct": 60,
      "trend_acceleration_pct": -35.38691498250857,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -7.9114,
      "buyer_yoy_all_avg_pct": 5.0165,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 0.3836249284091638,
      "market_share_change_1y_pp": -0.022815191969174864,
      "peer_best_share_pct": 34.537277986693,
      "peer_top_exporter": "CHN",
      "supplier_count_latest": 62,
      "buyer_market_hhi": 1552.58,
      "distance_km": 196.8760986328125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.5344781016014222,
      "max_drawdown_pct": 81.92429887955146,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
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      "year": 2016,
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    {
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    {
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    {
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}