{
  "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/940350",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/940350",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/940350",
    "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": "940350",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 179,
    "current_lane_count": 117,
    "active_market_count": 117,
    "exports_latest_observed_lanes_usd": 45321336.29397982,
    "exports_current_2024_usd": 45012102.800975144,
    "exports_avg_3y_usd": 61877956.2000322,
    "exports_avg_5y_usd": 69700122.71655,
    "exports_avg_10y_usd": 65794179.26798348,
    "exports_cagr_3y_pct": -20.285178310501305,
    "exports_cagr_5y_pct": -6.641596392646409,
    "exports_cagr_10y_pct": -2.495974465637485,
    "exports_all_year_lane_avg_usd": 84649178.6591528,
    "exports_historical_lane_peak_usd": 169367441.4613375,
    "historical_peak_year": 1999,
    "positive_growth_year_share_pct": 32,
    "trend_acceleration_pct": -17.78920384486382,
    "trend_label": "Rapid decline",
    "top_market_iso3": "NLD",
    "top_market_exports_usd": 24529663.213208262,
    "top_market_share_pct": 54.12387457884073,
    "destination_hhi": 3220.170438907138,
    "weighted_share_latest_pct": 4.589353801106503,
    "weighted_share_change_1y_pp": -2.3753411376511773,
    "weighted_volatility_cv": 0.42283603962079835,
    "weighted_max_drawdown_pct": 69.3573597296018,
    "limited_history_lane_share_pct": 15.083798882681565,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 940350,
      "hs_description": "Furniture: wooden, for bedroom use",
      "hs_chapter": 94,
      "hs_heading": 9403,
      "substitution_elasticity": -7.3962469,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Furniture: wooden, for bedroom use",
    "hs_chapter": 94,
    "hs_heading": 9403,
    "destinations": [
      {
        "hs_code": 940350,
        "corridor_rank": 86,
        "exporter_iso3": "BEL",
        "importer_iso3": "NLD",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 24529663.213208262,
        "exports_all_year_avg_usd": 38283731.1214916,
        "exports_avg_3y_usd": 37675267.04144258,
        "exports_avg_5y_usd": 41394548.753791526,
        "exports_avg_10y_usd": 39350041.58850528,
        "exports_cagr_3y_pct": -20.599006713755585,
        "exports_cagr_5y_pct": -9.063823657378023,
        "exports_cagr_10y_pct": -1.6921107032454419,
        "exports_historical_peak_usd": 53477950.06518096,
        "buyer_imports_latest_observed_usd": 324555660.97649753,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 60,
        "trend_acceleration_pct": -18.906896010510145,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -2.7095,
        "buyer_yoy_all_avg_pct": 3.8699,
        "buyer_trend_consistency_pct": 68.9655,
        "market_share_latest_pct": 7.557921849030562,
        "market_share_change_1y_pp": -4.33903722215082,
        "peer_best_share_pct": 21.713194814079547,
        "peer_top_exporter": "DEU",
        "supplier_count_latest": 73,
        "buyer_market_hhi": 1277.49,
        "distance_km": 173.03326416015625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.19404922504693717,
        "max_drawdown_pct": 54.131257493395736,
        "attention_level": "Watch",
        "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
        "risk_driver_labels": "['unrecovered_drawdown']",
        "signal_flag": "Stable",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 940350,
      "num_markets": 151,
      "highest_price_importer_iso3": "KAZ",
      "highest_price_usd_per_ton": 591319.1489361703,
      "lowest_price_importer_iso3": "IRQ",
      "lowest_price_usd_per_ton": 104.25914817036592,
      "median_price_across_markets": 3173.3333333333335,
      "price_spread_pct": 18630.721316848736,
      "avg_quantity_metric_tons": 115.41422891566268,
      "total_trade_value_usd": 354003152
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 68714974.87349026,
        "active_destinations": 112,
        "yoy_growth_pct": -24.172821228586464
      },
      {
        "year": 2011,
        "export_value_usd": 67799789.77786928,
        "active_destinations": 122,
        "yoy_growth_pct": -1.3318568438770495
      },
      {
        "year": 2012,
        "export_value_usd": 61371768.82798663,
        "active_destinations": 116,
        "yoy_growth_pct": -9.480886254872791
      },
      {
        "year": 2013,
        "export_value_usd": 59314557.187798455,
        "active_destinations": 121,
        "yoy_growth_pct": -3.3520487994311274
      },
      {
        "year": 2014,
        "export_value_usd": 57956725.37201096,
        "active_destinations": 120,
        "yoy_growth_pct": -2.289205011660801
      },
      {
        "year": 2015,
        "export_value_usd": 53232078.75519261,
        "active_destinations": 117,
        "yoy_growth_pct": -8.152024784857888
      },
      {
        "year": 2016,
        "export_value_usd": 61276691.94308229,
        "active_destinations": 128,
        "yoy_growth_pct": 15.112340859138355
      },
      {
        "year": 2017,
        "export_value_usd": 67445836.46106587,
        "active_destinations": 127,
        "yoy_growth_pct": 10.067685317794052
      },
      {
        "year": 2018,
        "export_value_usd": 64017489.78278566,
        "active_destinations": 123,
        "yoy_growth_pct": -5.083110920062911
      },
      {
        "year": 2019,
        "export_value_usd": 63469082.154958464,
        "active_destinations": 118,
        "yoy_growth_pct": -0.8566528142355629
      },
      {
        "year": 2020,
        "export_value_usd": 74005567.20855618,
        "active_destinations": 118,
        "yoy_growth_pct": 16.600972782106883
      },
      {
        "year": 2021,
        "export_value_usd": 88861177.77409722,
        "active_destinations": 122,
        "yoy_growth_pct": 20.07363922186588
      },
      {
        "year": 2022,
        "export_value_usd": 79212390.46032742,
        "active_destinations": 119,
        "yoy_growth_pct": -10.85827079436077
      },
      {
        "year": 2023,
        "export_value_usd": 61409375.33879403,
        "active_destinations": 122,
        "yoy_growth_pct": -22.475038334374993
      },
      {
        "year": 2024,
        "export_value_usd": 45012102.80097517,
        "active_destinations": 117,
        "yoy_growth_pct": -26.701578459893955
      }
    ],
    "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": "940350",
    "hs_description": "Furniture: wooden, for bedroom use",
    "hs_chapter": 94,
    "hs_heading": 9403
  },
  "destinations": [
    {
      "hs_code": 940350,
      "corridor_rank": 86,
      "exporter_iso3": "BEL",
      "importer_iso3": "NLD",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 24529663.213208262,
      "exports_all_year_avg_usd": 38283731.1214916,
      "exports_avg_3y_usd": 37675267.04144258,
      "exports_avg_5y_usd": 41394548.753791526,
      "exports_avg_10y_usd": 39350041.58850528,
      "exports_cagr_3y_pct": -20.599006713755585,
      "exports_cagr_5y_pct": -9.063823657378023,
      "exports_cagr_10y_pct": -1.6921107032454419,
      "exports_historical_peak_usd": 53477950.06518096,
      "buyer_imports_latest_observed_usd": 324555660.97649753,
      "historical_peak_year": 2008,
      "positive_growth_year_share_pct": 60,
      "trend_acceleration_pct": -18.906896010510145,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -2.7095,
      "buyer_yoy_all_avg_pct": 3.8699,
      "buyer_trend_consistency_pct": 68.9655,
      "market_share_latest_pct": 7.557921849030562,
      "market_share_change_1y_pp": -4.33903722215082,
      "peer_best_share_pct": 21.713194814079547,
      "peer_top_exporter": "DEU",
      "supplier_count_latest": 73,
      "buyer_market_hhi": 1277.49,
      "distance_km": 173.03326416015625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.19404922504693717,
      "max_drawdown_pct": 54.131257493395736,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": "['unrecovered_drawdown']",
      "signal_flag": "Stable",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 940350,
    "num_markets": 151,
    "highest_price_importer_iso3": "KAZ",
    "highest_price_usd_per_ton": 591319.1489361703,
    "lowest_price_importer_iso3": "IRQ",
    "lowest_price_usd_per_ton": 104.25914817036592,
    "median_price_across_markets": 3173.3333333333335,
    "price_spread_pct": 18630.721316848736,
    "avg_quantity_metric_tons": 115.41422891566268,
    "total_trade_value_usd": 354003152
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 68714974.87349026,
      "active_destinations": 112,
      "yoy_growth_pct": -24.172821228586464
    },
    {
      "year": 2011,
      "export_value_usd": 67799789.77786928,
      "active_destinations": 122,
      "yoy_growth_pct": -1.3318568438770495
    },
    {
      "year": 2012,
      "export_value_usd": 61371768.82798663,
      "active_destinations": 116,
      "yoy_growth_pct": -9.480886254872791
    },
    {
      "year": 2013,
      "export_value_usd": 59314557.187798455,
      "active_destinations": 121,
      "yoy_growth_pct": -3.3520487994311274
    },
    {
      "year": 2014,
      "export_value_usd": 57956725.37201096,
      "active_destinations": 120,
      "yoy_growth_pct": -2.289205011660801
    },
    {
      "year": 2015,
      "export_value_usd": 53232078.75519261,
      "active_destinations": 117,
      "yoy_growth_pct": -8.152024784857888
    },
    {
      "year": 2016,
      "export_value_usd": 61276691.94308229,
      "active_destinations": 128,
      "yoy_growth_pct": 15.112340859138355
    },
    {
      "year": 2017,
      "export_value_usd": 67445836.46106587,
      "active_destinations": 127,
      "yoy_growth_pct": 10.067685317794052
    },
    {
      "year": 2018,
      "export_value_usd": 64017489.78278566,
      "active_destinations": 123,
      "yoy_growth_pct": -5.083110920062911
    },
    {
      "year": 2019,
      "export_value_usd": 63469082.154958464,
      "active_destinations": 118,
      "yoy_growth_pct": -0.8566528142355629
    },
    {
      "year": 2020,
      "export_value_usd": 74005567.20855618,
      "active_destinations": 118,
      "yoy_growth_pct": 16.600972782106883
    },
    {
      "year": 2021,
      "export_value_usd": 88861177.77409722,
      "active_destinations": 122,
      "yoy_growth_pct": 20.07363922186588
    },
    {
      "year": 2022,
      "export_value_usd": 79212390.46032742,
      "active_destinations": 119,
      "yoy_growth_pct": -10.85827079436077
    },
    {
      "year": 2023,
      "export_value_usd": 61409375.33879403,
      "active_destinations": 122,
      "yoy_growth_pct": -22.475038334374993
    },
    {
      "year": 2024,
      "export_value_usd": 45012102.80097517,
      "active_destinations": 117,
      "yoy_growth_pct": -26.701578459893955
    }
  ],
  "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
  }
}