{
  "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/930591",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/930591",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/930591",
    "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": "930591",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 114,
    "current_lane_count": 25,
    "active_market_count": 25,
    "exports_latest_observed_lanes_usd": 83942611.03228205,
    "exports_current_2024_usd": 41085996.193827525,
    "exports_avg_3y_usd": 36030392.930567645,
    "exports_avg_5y_usd": 38242543.464892484,
    "exports_avg_10y_usd": 35794537.33324001,
    "exports_cagr_3y_pct": -7.247858401389074,
    "exports_cagr_5y_pct": 1.118563765135927,
    "exports_cagr_10y_pct": 1.6239190186932095,
    "exports_all_year_lane_avg_usd": 35685855.40483882,
    "exports_historical_lane_peak_usd": 161974407.38798994,
    "historical_peak_year": 2017,
    "positive_growth_year_share_pct": 60,
    "trend_acceleration_pct": -8.871777420082283,
    "trend_label": "Declining",
    "top_market_iso3": "SAU",
    "top_market_exports_usd": 33202570.026913315,
    "top_market_share_pct": 39.553892377906266,
    "destination_hhi": 1904.1961247671943,
    "weighted_share_latest_pct": 26.47687712114707,
    "weighted_share_change_1y_pp": 16.189621104770108,
    "weighted_volatility_cv": 1.3958855741136151,
    "weighted_max_drawdown_pct": 86.93311807557453,
    "limited_history_lane_share_pct": 50,
    "data_freshness_years": 0,
    "coverage_score": 92.5,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 930591,
      "hs_description": "Firearms: parts and accessories, of military weapons of heading 9301",
      "hs_chapter": 93,
      "hs_heading": 9305,
      "substitution_elasticity": -11.123857,
      "price_range_label": null,
      "trade_type_label": null
    },
    "hs_description": "Firearms: parts and accessories, of military weapons of heading 9301",
    "hs_chapter": 93,
    "hs_heading": 9305,
    "destinations": [
      {
        "hs_code": 930591,
        "corridor_rank": 10,
        "exporter_iso3": "BEL",
        "importer_iso3": "SAU",
        "latest_data_year": 2017,
        "lane_data_years": 13,
        "exports_latest_observed_usd": 33202570.026913315,
        "exports_all_year_avg_usd": 7226440.323187321,
        "exports_avg_3y_usd": 20775910.982926406,
        "exports_avg_5y_usd": 19987219.255470335,
        "exports_avg_10y_usd": 14907373.894520983,
        "exports_cagr_3y_pct": 29.518736375531173,
        "exports_cagr_5y_pct": 47.88960602005603,
        "exports_cagr_10y_pct": 31.65758545487605,
        "exports_historical_peak_usd": 33202570.026913315,
        "buyer_imports_latest_observed_usd": 62160050.37296535,
        "historical_peak_year": 2017,
        "positive_growth_year_share_pct": 58.333333333333336,
        "trend_acceleration_pct": -2.138849079344876,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 282.2677,
        "buyer_yoy_all_avg_pct": 143.4643,
        "buyer_trend_consistency_pct": 51.7241,
        "market_share_latest_pct": 30.20220724594016,
        "market_share_change_1y_pp": 27.474851946964847,
        "peer_best_share_pct": 63.88864023200388,
        "peer_top_exporter": "KOR",
        "supplier_count_latest": 9,
        "buyer_market_hhi": 5005.15,
        "distance_km": 4636.35205078125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.09920948249898989,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.3906936750836976,
        "max_drawdown_pct": 80.0151665624181,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Accelerating",
        "confidence_label": "Medium",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 930591,
        "corridor_rank": 63,
        "exporter_iso3": "BEL",
        "importer_iso3": "LTU",
        "latest_data_year": 2024,
        "lane_data_years": 16,
        "exports_latest_observed_usd": 7569233.158294786,
        "exports_all_year_avg_usd": 725432.2082184845,
        "exports_avg_3y_usd": 3769997.480769677,
        "exports_avg_5y_usd": 2284074.532328737,
        "exports_avg_10y_usd": 1280465.4857092807,
        "exports_cagr_3y_pct": 310.636083424263,
        "exports_cagr_5y_pct": 363.97329304151026,
        "exports_cagr_10y_pct": 61.33834996235734,
        "exports_historical_peak_usd": 7569233.158294786,
        "buyer_imports_latest_observed_usd": 10956425.184976827,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 53.333333333333336,
        "trend_acceleration_pct": 249.29773346190566,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -17.1571,
        "buyer_yoy_all_avg_pct": 365.8714,
        "buyer_trend_consistency_pct": 48.2759,
        "market_share_latest_pct": 69.08487969847616,
        "market_share_change_1y_pp": 42.724909578532,
        "peer_best_share_pct": 69.08487969847616,
        "peer_top_exporter": "BEL",
        "supplier_count_latest": 18,
        "buyer_market_hhi": 5069.09,
        "distance_km": 1469.4339599609375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.013168283158865902,
        "tariff_advantage_pp": 0.01229386730363985,
        "volatility_cv": 2.69405107015692,
        "max_drawdown_pct": 98.31855960811588,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 930591,
        "corridor_rank": 65,
        "exporter_iso3": "BEL",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 25,
        "exports_latest_observed_usd": 7266068.339880385,
        "exports_all_year_avg_usd": 2548913.54046577,
        "exports_avg_3y_usd": 4729214.285885001,
        "exports_avg_5y_usd": 6534756.011893635,
        "exports_avg_10y_usd": 5153529.496566575,
        "exports_cagr_3y_pct": -15.517161230147114,
        "exports_cagr_5y_pct": 22.419389167144367,
        "exports_cagr_10y_pct": 41.28493102056024,
        "exports_historical_peak_usd": 12050192.445426434,
        "buyer_imports_latest_observed_usd": 51641765.9339027,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 50,
        "trend_acceleration_pct": -56.80209225070735,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": 27.1046,
        "buyer_yoy_all_avg_pct": 41.1426,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 14.070139176069937,
        "market_share_change_1y_pp": 3.2874329210310798,
        "peer_best_share_pct": 30.10911017722597,
        "peer_top_exporter": "LUX",
        "supplier_count_latest": 32,
        "buyer_market_hhi": 1712.31,
        "distance_km": 173.03326416015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 1.1686631683084292,
        "max_drawdown_pct": 97.228931174317,
        "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": 930591,
        "corridor_rank": 66,
        "exporter_iso3": "BEL",
        "importer_iso3": "USA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 7124589.966276581,
        "exports_all_year_avg_usd": 3927331.803954959,
        "exports_avg_3y_usd": 10932648.667576645,
        "exports_avg_5y_usd": 9200990.308836326,
        "exports_avg_10y_usd": 6196399.776977348,
        "exports_cagr_3y_pct": 6.590107163185044,
        "exports_cagr_5y_pct": 11.52408455669236,
        "exports_cagr_10y_pct": 20.795268679377287,
        "exports_historical_peak_usd": 13606327.449289346,
        "buyer_imports_latest_observed_usd": 418060827.458474,
        "historical_peak_year": 2022,
        "positive_growth_year_share_pct": 48,
        "trend_acceleration_pct": -14.205161516192243,
        "trend_label": "Growing",
        "buyer_yoy_latest_pct": 13.2808,
        "buyer_yoy_all_avg_pct": 14.6581,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 1.7041993648601934,
        "market_share_change_1y_pp": -1.5655701469540853,
        "peer_best_share_pct": 41.70642263160166,
        "peer_top_exporter": "GBR",
        "supplier_count_latest": 41,
        "buyer_market_hhi": 2146.72,
        "distance_km": 5891.71142578125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.0467447546369697,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.8761220994737291,
        "max_drawdown_pct": 93.35232919260967,
        "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": 930591,
        "corridor_rank": 67,
        "exporter_iso3": "BEL",
        "importer_iso3": "LVA",
        "latest_data_year": 2024,
        "lane_data_years": 19,
        "exports_latest_observed_usd": 7060411.693344156,
        "exports_all_year_avg_usd": 1328527.3232437626,
        "exports_avg_3y_usd": 5659151.949940383,
        "exports_avg_5y_usd": 4359826.985202661,
        "exports_avg_10y_usd": 2878764.5425898563,
        "exports_cagr_3y_pct": 22.216047568237585,
        "exports_cagr_5y_pct": 61.36642672350858,
        "exports_cagr_10y_pct": 81.133891029811,
        "exports_historical_peak_usd": 7060411.693344156,
        "buyer_imports_latest_observed_usd": 22080945.972739164,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 72.22222222222223,
        "trend_acceleration_pct": -58.91784346157341,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 20.97,
        "buyer_yoy_all_avg_pct": 227.9867,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 31.975132324769252,
        "market_share_change_1y_pp": -4.148058189807468,
        "peer_best_share_pct": 42.49064995686618,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 12,
        "buyer_market_hhi": 3244.07,
        "distance_km": 1456.0645751953125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.02009065065670498,
        "tariff_advantage_pp": 0.02009065065670498,
        "volatility_cv": 1.630647550553398,
        "max_drawdown_pct": 99.9979376602033,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 930591,
        "corridor_rank": 95,
        "exporter_iso3": "BEL",
        "importer_iso3": "NOR",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 3695778.233197342,
        "exports_all_year_avg_usd": 1106084.4333079976,
        "exports_avg_3y_usd": 2813110.4014202566,
        "exports_avg_5y_usd": 1859126.7778539225,
        "exports_avg_10y_usd": 1417967.1385953417,
        "exports_cagr_3y_pct": 66.51717963846804,
        "exports_cagr_5y_pct": 11.125456549120427,
        "exports_cagr_10y_pct": 1.6952451682409997,
        "exports_historical_peak_usd": 3829579.162259267,
        "buyer_imports_latest_observed_usd": 30705313.84523145,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 52,
        "trend_acceleration_pct": 64.82193447022703,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -13.9506,
        "buyer_yoy_all_avg_pct": 36.276,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 12.036282227323003,
        "market_share_change_1y_pp": 1.3041651557003213,
        "peer_best_share_pct": 40.219612599100714,
        "peer_top_exporter": "USA",
        "supplier_count_latest": 27,
        "buyer_market_hhi": 2057.28,
        "distance_km": 1087.7725830078125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.027626026818626265,
        "tariff_advantage_pp": -0.005222757343741419,
        "volatility_cv": 1.1653590522530608,
        "max_drawdown_pct": 98.48110961214122,
        "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": 930591,
      "num_markets": 30,
      "highest_price_importer_iso3": "THA",
      "highest_price_usd_per_ton": 2019932.2033898307,
      "lowest_price_importer_iso3": "LUX",
      "lowest_price_usd_per_ton": 11005.06329113924,
      "median_price_across_markets": 447172.3868954758,
      "price_spread_pct": 449.2511610669439,
      "avg_quantity_metric_tons": 5.267250000000001,
      "total_trade_value_usd": 117653322
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 28151448.96858408,
        "active_destinations": 50,
        "yoy_growth_pct": 29.643263471230952
      },
      {
        "year": 2011,
        "export_value_usd": 25082991.103593074,
        "active_destinations": 43,
        "yoy_growth_pct": -10.899822131412435
      },
      {
        "year": 2012,
        "export_value_usd": 25214143.668062758,
        "active_destinations": 50,
        "yoy_growth_pct": 0.5228745006049006
      },
      {
        "year": 2013,
        "export_value_usd": 46909063.18545877,
        "active_destinations": 47,
        "yoy_growth_pct": 86.04265844997016
      },
      {
        "year": 2014,
        "export_value_usd": 34973124.3085489,
        "active_destinations": 43,
        "yoy_growth_pct": -25.444845977247883
      },
      {
        "year": 2015,
        "export_value_usd": 38249298.58882515,
        "active_destinations": 39,
        "yoy_growth_pct": 9.36769117729473
      },
      {
        "year": 2016,
        "export_value_usd": 14637051.370547453,
        "active_destinations": 25,
        "yoy_growth_pct": -61.73249729911704
      },
      {
        "year": 2017,
        "export_value_usd": 53550929.41477432,
        "active_destinations": 43,
        "yoy_growth_pct": 265.8587242682569
      },
      {
        "year": 2018,
        "export_value_usd": 21432104.90788221,
        "active_destinations": 24,
        "yoy_growth_pct": -59.97808975100768
      },
      {
        "year": 2019,
        "export_value_usd": 38863271.72590854,
        "active_destinations": 25,
        "yoy_growth_pct": 81.33203384804061
      },
      {
        "year": 2020,
        "export_value_usd": 31631646.227147203,
        "active_destinations": 26,
        "yoy_growth_pct": -18.607865929981163
      },
      {
        "year": 2021,
        "export_value_usd": 51489892.30561225,
        "active_destinations": 26,
        "yoy_growth_pct": 62.77967936244217
      },
      {
        "year": 2022,
        "export_value_usd": 30254956.09427856,
        "active_destinations": 24,
        "yoy_growth_pct": -41.24098004574607
      },
      {
        "year": 2023,
        "export_value_usd": 36750226.503596835,
        "active_destinations": 22,
        "yoy_growth_pct": 21.468450950905794
      },
      {
        "year": 2024,
        "export_value_usd": 41085996.193827525,
        "active_destinations": 25,
        "yoy_growth_pct": 11.79794004754321
      }
    ],
    "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": "930591",
    "hs_description": "Firearms: parts and accessories, of military weapons of heading 9301",
    "hs_chapter": 93,
    "hs_heading": 9305
  },
  "destinations": [
    {
      "hs_code": 930591,
      "corridor_rank": 10,
      "exporter_iso3": "BEL",
      "importer_iso3": "SAU",
      "latest_data_year": 2017,
      "lane_data_years": 13,
      "exports_latest_observed_usd": 33202570.026913315,
      "exports_all_year_avg_usd": 7226440.323187321,
      "exports_avg_3y_usd": 20775910.982926406,
      "exports_avg_5y_usd": 19987219.255470335,
      "exports_avg_10y_usd": 14907373.894520983,
      "exports_cagr_3y_pct": 29.518736375531173,
      "exports_cagr_5y_pct": 47.88960602005603,
      "exports_cagr_10y_pct": 31.65758545487605,
      "exports_historical_peak_usd": 33202570.026913315,
      "buyer_imports_latest_observed_usd": 62160050.37296535,
      "historical_peak_year": 2017,
      "positive_growth_year_share_pct": 58.333333333333336,
      "trend_acceleration_pct": -2.138849079344876,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 282.2677,
      "buyer_yoy_all_avg_pct": 143.4643,
      "buyer_trend_consistency_pct": 51.7241,
      "market_share_latest_pct": 30.20220724594016,
      "market_share_change_1y_pp": 27.474851946964847,
      "peer_best_share_pct": 63.88864023200388,
      "peer_top_exporter": "KOR",
      "supplier_count_latest": 9,
      "buyer_market_hhi": 5005.15,
      "distance_km": 4636.35205078125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.09920948249898989,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.3906936750836976,
      "max_drawdown_pct": 80.0151665624181,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Accelerating",
      "confidence_label": "Medium",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 930591,
      "corridor_rank": 63,
      "exporter_iso3": "BEL",
      "importer_iso3": "LTU",
      "latest_data_year": 2024,
      "lane_data_years": 16,
      "exports_latest_observed_usd": 7569233.158294786,
      "exports_all_year_avg_usd": 725432.2082184845,
      "exports_avg_3y_usd": 3769997.480769677,
      "exports_avg_5y_usd": 2284074.532328737,
      "exports_avg_10y_usd": 1280465.4857092807,
      "exports_cagr_3y_pct": 310.636083424263,
      "exports_cagr_5y_pct": 363.97329304151026,
      "exports_cagr_10y_pct": 61.33834996235734,
      "exports_historical_peak_usd": 7569233.158294786,
      "buyer_imports_latest_observed_usd": 10956425.184976827,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 53.333333333333336,
      "trend_acceleration_pct": 249.29773346190566,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -17.1571,
      "buyer_yoy_all_avg_pct": 365.8714,
      "buyer_trend_consistency_pct": 48.2759,
      "market_share_latest_pct": 69.08487969847616,
      "market_share_change_1y_pp": 42.724909578532,
      "peer_best_share_pct": 69.08487969847616,
      "peer_top_exporter": "BEL",
      "supplier_count_latest": 18,
      "buyer_market_hhi": 5069.09,
      "distance_km": 1469.4339599609375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.013168283158865902,
      "tariff_advantage_pp": 0.01229386730363985,
      "volatility_cv": 2.69405107015692,
      "max_drawdown_pct": 98.31855960811588,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 930591,
      "corridor_rank": 65,
      "exporter_iso3": "BEL",
      "importer_iso3": "NLD",
      "latest_data_year": 2024,
      "lane_data_years": 25,
      "exports_latest_observed_usd": 7266068.339880385,
      "exports_all_year_avg_usd": 2548913.54046577,
      "exports_avg_3y_usd": 4729214.285885001,
      "exports_avg_5y_usd": 6534756.011893635,
      "exports_avg_10y_usd": 5153529.496566575,
      "exports_cagr_3y_pct": -15.517161230147114,
      "exports_cagr_5y_pct": 22.419389167144367,
      "exports_cagr_10y_pct": 41.28493102056024,
      "exports_historical_peak_usd": 12050192.445426434,
      "buyer_imports_latest_observed_usd": 51641765.9339027,
      "historical_peak_year": 2021,
      "positive_growth_year_share_pct": 50,
      "trend_acceleration_pct": -56.80209225070735,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": 27.1046,
      "buyer_yoy_all_avg_pct": 41.1426,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 14.070139176069937,
      "market_share_change_1y_pp": 3.2874329210310798,
      "peer_best_share_pct": 30.10911017722597,
      "peer_top_exporter": "LUX",
      "supplier_count_latest": 32,
      "buyer_market_hhi": 1712.31,
      "distance_km": 173.03326416015625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 1.1686631683084292,
      "max_drawdown_pct": 97.228931174317,
      "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": 930591,
      "corridor_rank": 66,
      "exporter_iso3": "BEL",
      "importer_iso3": "USA",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 7124589.966276581,
      "exports_all_year_avg_usd": 3927331.803954959,
      "exports_avg_3y_usd": 10932648.667576645,
      "exports_avg_5y_usd": 9200990.308836326,
      "exports_avg_10y_usd": 6196399.776977348,
      "exports_cagr_3y_pct": 6.590107163185044,
      "exports_cagr_5y_pct": 11.52408455669236,
      "exports_cagr_10y_pct": 20.795268679377287,
      "exports_historical_peak_usd": 13606327.449289346,
      "buyer_imports_latest_observed_usd": 418060827.458474,
      "historical_peak_year": 2022,
      "positive_growth_year_share_pct": 48,
      "trend_acceleration_pct": -14.205161516192243,
      "trend_label": "Growing",
      "buyer_yoy_latest_pct": 13.2808,
      "buyer_yoy_all_avg_pct": 14.6581,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 1.7041993648601934,
      "market_share_change_1y_pp": -1.5655701469540853,
      "peer_best_share_pct": 41.70642263160166,
      "peer_top_exporter": "GBR",
      "supplier_count_latest": 41,
      "buyer_market_hhi": 2146.72,
      "distance_km": 5891.71142578125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.0467447546369697,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.8761220994737291,
      "max_drawdown_pct": 93.35232919260967,
      "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": 930591,
      "corridor_rank": 67,
      "exporter_iso3": "BEL",
      "importer_iso3": "LVA",
      "latest_data_year": 2024,
      "lane_data_years": 19,
      "exports_latest_observed_usd": 7060411.693344156,
      "exports_all_year_avg_usd": 1328527.3232437626,
      "exports_avg_3y_usd": 5659151.949940383,
      "exports_avg_5y_usd": 4359826.985202661,
      "exports_avg_10y_usd": 2878764.5425898563,
      "exports_cagr_3y_pct": 22.216047568237585,
      "exports_cagr_5y_pct": 61.36642672350858,
      "exports_cagr_10y_pct": 81.133891029811,
      "exports_historical_peak_usd": 7060411.693344156,
      "buyer_imports_latest_observed_usd": 22080945.972739164,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 72.22222222222223,
      "trend_acceleration_pct": -58.91784346157341,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 20.97,
      "buyer_yoy_all_avg_pct": 227.9867,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 31.975132324769252,
      "market_share_change_1y_pp": -4.148058189807468,
      "peer_best_share_pct": 42.49064995686618,
      "peer_top_exporter": "DEU",
      "supplier_count_latest": 12,
      "buyer_market_hhi": 3244.07,
      "distance_km": 1456.0645751953125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.02009065065670498,
      "tariff_advantage_pp": 0.02009065065670498,
      "volatility_cv": 1.630647550553398,
      "max_drawdown_pct": 99.9979376602033,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 930591,
      "corridor_rank": 95,
      "exporter_iso3": "BEL",
      "importer_iso3": "NOR",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 3695778.233197342,
      "exports_all_year_avg_usd": 1106084.4333079976,
      "exports_avg_3y_usd": 2813110.4014202566,
      "exports_avg_5y_usd": 1859126.7778539225,
      "exports_avg_10y_usd": 1417967.1385953417,
      "exports_cagr_3y_pct": 66.51717963846804,
      "exports_cagr_5y_pct": 11.125456549120427,
      "exports_cagr_10y_pct": 1.6952451682409997,
      "exports_historical_peak_usd": 3829579.162259267,
      "buyer_imports_latest_observed_usd": 30705313.84523145,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 52,
      "trend_acceleration_pct": 64.82193447022703,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -13.9506,
      "buyer_yoy_all_avg_pct": 36.276,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 12.036282227323003,
      "market_share_change_1y_pp": 1.3041651557003213,
      "peer_best_share_pct": 40.219612599100714,
      "peer_top_exporter": "USA",
      "supplier_count_latest": 27,
      "buyer_market_hhi": 2057.28,
      "distance_km": 1087.7725830078125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.027626026818626265,
      "tariff_advantage_pp": -0.005222757343741419,
      "volatility_cv": 1.1653590522530608,
      "max_drawdown_pct": 98.48110961214122,
      "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": 930591,
    "num_markets": 30,
    "highest_price_importer_iso3": "THA",
    "highest_price_usd_per_ton": 2019932.2033898307,
    "lowest_price_importer_iso3": "LUX",
    "lowest_price_usd_per_ton": 11005.06329113924,
    "median_price_across_markets": 447172.3868954758,
    "price_spread_pct": 449.2511610669439,
    "avg_quantity_metric_tons": 5.267250000000001,
    "total_trade_value_usd": 117653322
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 28151448.96858408,
      "active_destinations": 50,
      "yoy_growth_pct": 29.643263471230952
    },
    {
      "year": 2011,
      "export_value_usd": 25082991.103593074,
      "active_destinations": 43,
      "yoy_growth_pct": -10.899822131412435
    },
    {
      "year": 2012,
      "export_value_usd": 25214143.668062758,
      "active_destinations": 50,
      "yoy_growth_pct": 0.5228745006049006
    },
    {
      "year": 2013,
      "export_value_usd": 46909063.18545877,
      "active_destinations": 47,
      "yoy_growth_pct": 86.04265844997016
    },
    {
      "year": 2014,
      "export_value_usd": 34973124.3085489,
      "active_destinations": 43,
      "yoy_growth_pct": -25.444845977247883
    },
    {
      "year": 2015,
      "export_value_usd": 38249298.58882515,
      "active_destinations": 39,
      "yoy_growth_pct": 9.36769117729473
    },
    {
      "year": 2016,
      "export_value_usd": 14637051.370547453,
      "active_destinations": 25,
      "yoy_growth_pct": -61.73249729911704
    },
    {
      "year": 2017,
      "export_value_usd": 53550929.41477432,
      "active_destinations": 43,
      "yoy_growth_pct": 265.8587242682569
    },
    {
      "year": 2018,
      "export_value_usd": 21432104.90788221,
      "active_destinations": 24,
      "yoy_growth_pct": -59.97808975100768
    },
    {
      "year": 2019,
      "export_value_usd": 38863271.72590854,
      "active_destinations": 25,
      "yoy_growth_pct": 81.33203384804061
    },
    {
      "year": 2020,
      "export_value_usd": 31631646.227147203,
      "active_destinations": 26,
      "yoy_growth_pct": -18.607865929981163
    },
    {
      "year": 2021,
      "export_value_usd": 51489892.30561225,
      "active_destinations": 26,
      "yoy_growth_pct": 62.77967936244217
    },
    {
      "year": 2022,
      "export_value_usd": 30254956.09427856,
      "active_destinations": 24,
      "yoy_growth_pct": -41.24098004574607
    },
    {
      "year": 2023,
      "export_value_usd": 36750226.503596835,
      "active_destinations": 22,
      "yoy_growth_pct": 21.468450950905794
    },
    {
      "year": 2024,
      "export_value_usd": 41085996.193827525,
      "active_destinations": 25,
      "yoy_growth_pct": 11.79794004754321
    }
  ],
  "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
  }
}