{
  "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/940560",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/940560",
    "exporter": "https://www.yugalinks.com/trade/exporter/bel/940560",
    "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": "940560",
    "exporter_iso3": "BEL",
    "first_data_year": 1999,
    "latest_data_year": 2024,
    "observed_lane_count": 170,
    "current_lane_count": 112,
    "active_market_count": 112,
    "exports_latest_observed_lanes_usd": 15538410.609172614,
    "exports_current_2024_usd": 15415418.703602053,
    "exports_avg_3y_usd": 10066739.811801186,
    "exports_avg_5y_usd": 9733446.224814678,
    "exports_avg_10y_usd": 9442385.886001427,
    "exports_cagr_3y_pct": 29.26157253145356,
    "exports_cagr_5y_pct": 14.059160587754182,
    "exports_cagr_10y_pct": 5.262937850929572,
    "exports_all_year_lane_avg_usd": 12704703.1026351,
    "exports_historical_lane_peak_usd": 47670478.79258869,
    "historical_peak_year": 2008,
    "positive_growth_year_share_pct": 52,
    "trend_acceleration_pct": 23.99863468052399,
    "trend_label": "Rapid growth",
    "top_market_iso3": "FRA",
    "top_market_exports_usd": 4911491.684089471,
    "top_market_share_pct": 31.60871344968915,
    "destination_hhi": 1899.2092670285333,
    "weighted_share_latest_pct": 4.835690887569254,
    "weighted_share_change_1y_pp": 2.842574233552481,
    "weighted_volatility_cv": 0.9357041102520872,
    "weighted_max_drawdown_pct": 91.94657723891791,
    "limited_history_lane_share_pct": 17.647058823529413,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:14",
    "source": "api",
    "product": {
      "hs_code": 940560,
      "hs_description": "Illuminated signs, name plates and the like",
      "hs_chapter": 94,
      "hs_heading": 9405,
      "substitution_elasticity": -7.3822289,
      "price_range_label": "Low price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Illuminated signs, name plates and the like",
    "hs_chapter": 94,
    "hs_heading": 9405,
    "destinations": [
      {
        "hs_code": 940560,
        "corridor_rank": 44,
        "exporter_iso3": "BEL",
        "importer_iso3": "FRA",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 4911491.684089471,
        "exports_all_year_avg_usd": 3184900.9826197545,
        "exports_avg_3y_usd": 2769766.1979986685,
        "exports_avg_5y_usd": 2978038.1104236133,
        "exports_avg_10y_usd": 2814833.833427721,
        "exports_cagr_3y_pct": 46.855107522788316,
        "exports_cagr_5y_pct": 11.18180587229254,
        "exports_cagr_10y_pct": 7.150771254684951,
        "exports_historical_peak_usd": 6473180.2928236425,
        "buyer_imports_latest_observed_usd": 80891131.52040464,
        "historical_peak_year": 2008,
        "positive_growth_year_share_pct": 56,
        "trend_acceleration_pct": 39.70433626810336,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 30.5978,
        "buyer_yoy_all_avg_pct": 6.734,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 6.071730722236908,
        "market_share_change_1y_pp": 4.356645062683578,
        "peer_best_share_pct": 22.40057302606711,
        "peer_top_exporter": "ITA",
        "supplier_count_latest": 77,
        "buyer_market_hhi": 1278.78,
        "distance_km": 262.384521484375,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.40048519953996575,
        "max_drawdown_pct": 83.58907193347649,
        "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": 940560,
        "corridor_rank": 55,
        "exporter_iso3": "BEL",
        "importer_iso3": "DEU",
        "latest_data_year": 2024,
        "lane_data_years": 26,
        "exports_latest_observed_usd": 4392191.3215882415,
        "exports_all_year_avg_usd": 1560209.5112681068,
        "exports_avg_3y_usd": 2981647.224785894,
        "exports_avg_5y_usd": 2870953.734929573,
        "exports_avg_10y_usd": 1741385.9681556425,
        "exports_cagr_3y_pct": 16.955002881900683,
        "exports_cagr_5y_pct": 83.04548519039234,
        "exports_cagr_10y_pct": 17.950788983666044,
        "exports_historical_peak_usd": 4840211.369162574,
        "buyer_imports_latest_observed_usd": 90439047.7919996,
        "historical_peak_year": 2009,
        "positive_growth_year_share_pct": 44,
        "trend_acceleration_pct": -0.9957861017653613,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 17.436,
        "buyer_yoy_all_avg_pct": 4.0474,
        "buyer_trend_consistency_pct": 41.3793,
        "market_share_latest_pct": 4.856520970554472,
        "market_share_change_1y_pp": 2.1407563734228705,
        "peer_best_share_pct": 23.08836289248479,
        "peer_top_exporter": "POL",
        "supplier_count_latest": 72,
        "buyer_market_hhi": 960.13,
        "distance_km": 196.8760986328125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": 0,
        "volatility_cv": 0.8347562924085431,
        "max_drawdown_pct": 95.5840737202952,
        "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"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "BEL",
      "hs_code": 940560,
      "num_markets": 141,
      "highest_price_importer_iso3": "ZMB",
      "highest_price_usd_per_ton": 2995000,
      "lowest_price_importer_iso3": "TZA",
      "lowest_price_usd_per_ton": 94.01709401709401,
      "median_price_across_markets": 27055.39358600583,
      "price_spread_pct": 11069.533966990863,
      "avg_quantity_metric_tons": 3.512084812623274,
      "total_trade_value_usd": 36796957
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 12204027.487988183,
        "active_destinations": 98,
        "yoy_growth_pct": -43.47399253243032
      },
      {
        "year": 2011,
        "export_value_usd": 14646974.617778435,
        "active_destinations": 103,
        "yoy_growth_pct": 20.017548569066427
      },
      {
        "year": 2012,
        "export_value_usd": 11459646.511421341,
        "active_destinations": 96,
        "yoy_growth_pct": -21.760999725419943
      },
      {
        "year": 2013,
        "export_value_usd": 11543122.660264833,
        "active_destinations": 104,
        "yoy_growth_pct": 0.7284356350808406
      },
      {
        "year": 2014,
        "export_value_usd": 9229973.55471734,
        "active_destinations": 105,
        "yoy_growth_pct": -20.039197136058355
      },
      {
        "year": 2015,
        "export_value_usd": 12868414.31743589,
        "active_destinations": 99,
        "yoy_growth_pct": 39.41983951686387
      },
      {
        "year": 2016,
        "export_value_usd": 11019493.259357408,
        "active_destinations": 109,
        "yoy_growth_pct": -14.367901222867149
      },
      {
        "year": 2017,
        "export_value_usd": 7183673.03415215,
        "active_destinations": 110,
        "yoy_growth_pct": -34.80940670250875
      },
      {
        "year": 2018,
        "export_value_usd": 6699503.808829606,
        "active_destinations": 119,
        "yoy_growth_pct": -6.739856101756564
      },
      {
        "year": 2019,
        "export_value_usd": 7985543.316165832,
        "active_destinations": 115,
        "yoy_growth_pct": 19.196041140260142
      },
      {
        "year": 2020,
        "export_value_usd": 11329496.915321855,
        "active_destinations": 106,
        "yoy_growth_pct": 41.875091859893445
      },
      {
        "year": 2021,
        "export_value_usd": 7137514.7733479785,
        "active_destinations": 104,
        "yoy_growth_pct": -37.000602703767875
      },
      {
        "year": 2022,
        "export_value_usd": 8459874.660786806,
        "active_destinations": 105,
        "yoy_growth_pct": 18.52689527700341
      },
      {
        "year": 2023,
        "export_value_usd": 6324926.071014701,
        "active_destinations": 106,
        "yoy_growth_pct": -25.236172820243
      },
      {
        "year": 2024,
        "export_value_usd": 15415418.703602055,
        "active_destinations": 112,
        "yoy_growth_pct": 143.72488358791168
      }
    ],
    "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": "940560",
    "hs_description": "Illuminated signs, name plates and the like",
    "hs_chapter": 94,
    "hs_heading": 9405
  },
  "destinations": [
    {
      "hs_code": 940560,
      "corridor_rank": 44,
      "exporter_iso3": "BEL",
      "importer_iso3": "FRA",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 4911491.684089471,
      "exports_all_year_avg_usd": 3184900.9826197545,
      "exports_avg_3y_usd": 2769766.1979986685,
      "exports_avg_5y_usd": 2978038.1104236133,
      "exports_avg_10y_usd": 2814833.833427721,
      "exports_cagr_3y_pct": 46.855107522788316,
      "exports_cagr_5y_pct": 11.18180587229254,
      "exports_cagr_10y_pct": 7.150771254684951,
      "exports_historical_peak_usd": 6473180.2928236425,
      "buyer_imports_latest_observed_usd": 80891131.52040464,
      "historical_peak_year": 2008,
      "positive_growth_year_share_pct": 56,
      "trend_acceleration_pct": 39.70433626810336,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 30.5978,
      "buyer_yoy_all_avg_pct": 6.734,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 6.071730722236908,
      "market_share_change_1y_pp": 4.356645062683578,
      "peer_best_share_pct": 22.40057302606711,
      "peer_top_exporter": "ITA",
      "supplier_count_latest": 77,
      "buyer_market_hhi": 1278.78,
      "distance_km": 262.384521484375,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.40048519953996575,
      "max_drawdown_pct": 83.58907193347649,
      "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": 940560,
      "corridor_rank": 55,
      "exporter_iso3": "BEL",
      "importer_iso3": "DEU",
      "latest_data_year": 2024,
      "lane_data_years": 26,
      "exports_latest_observed_usd": 4392191.3215882415,
      "exports_all_year_avg_usd": 1560209.5112681068,
      "exports_avg_3y_usd": 2981647.224785894,
      "exports_avg_5y_usd": 2870953.734929573,
      "exports_avg_10y_usd": 1741385.9681556425,
      "exports_cagr_3y_pct": 16.955002881900683,
      "exports_cagr_5y_pct": 83.04548519039234,
      "exports_cagr_10y_pct": 17.950788983666044,
      "exports_historical_peak_usd": 4840211.369162574,
      "buyer_imports_latest_observed_usd": 90439047.7919996,
      "historical_peak_year": 2009,
      "positive_growth_year_share_pct": 44,
      "trend_acceleration_pct": -0.9957861017653613,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 17.436,
      "buyer_yoy_all_avg_pct": 4.0474,
      "buyer_trend_consistency_pct": 41.3793,
      "market_share_latest_pct": 4.856520970554472,
      "market_share_change_1y_pp": 2.1407563734228705,
      "peer_best_share_pct": 23.08836289248479,
      "peer_top_exporter": "POL",
      "supplier_count_latest": 72,
      "buyer_market_hhi": 960.13,
      "distance_km": 196.8760986328125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": 0,
      "volatility_cv": 0.8347562924085431,
      "max_drawdown_pct": 95.5840737202952,
      "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"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "BEL",
    "hs_code": 940560,
    "num_markets": 141,
    "highest_price_importer_iso3": "ZMB",
    "highest_price_usd_per_ton": 2995000,
    "lowest_price_importer_iso3": "TZA",
    "lowest_price_usd_per_ton": 94.01709401709401,
    "median_price_across_markets": 27055.39358600583,
    "price_spread_pct": 11069.533966990863,
    "avg_quantity_metric_tons": 3.512084812623274,
    "total_trade_value_usd": 36796957
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 12204027.487988183,
      "active_destinations": 98,
      "yoy_growth_pct": -43.47399253243032
    },
    {
      "year": 2011,
      "export_value_usd": 14646974.617778435,
      "active_destinations": 103,
      "yoy_growth_pct": 20.017548569066427
    },
    {
      "year": 2012,
      "export_value_usd": 11459646.511421341,
      "active_destinations": 96,
      "yoy_growth_pct": -21.760999725419943
    },
    {
      "year": 2013,
      "export_value_usd": 11543122.660264833,
      "active_destinations": 104,
      "yoy_growth_pct": 0.7284356350808406
    },
    {
      "year": 2014,
      "export_value_usd": 9229973.55471734,
      "active_destinations": 105,
      "yoy_growth_pct": -20.039197136058355
    },
    {
      "year": 2015,
      "export_value_usd": 12868414.31743589,
      "active_destinations": 99,
      "yoy_growth_pct": 39.41983951686387
    },
    {
      "year": 2016,
      "export_value_usd": 11019493.259357408,
      "active_destinations": 109,
      "yoy_growth_pct": -14.367901222867149
    },
    {
      "year": 2017,
      "export_value_usd": 7183673.03415215,
      "active_destinations": 110,
      "yoy_growth_pct": -34.80940670250875
    },
    {
      "year": 2018,
      "export_value_usd": 6699503.808829606,
      "active_destinations": 119,
      "yoy_growth_pct": -6.739856101756564
    },
    {
      "year": 2019,
      "export_value_usd": 7985543.316165832,
      "active_destinations": 115,
      "yoy_growth_pct": 19.196041140260142
    },
    {
      "year": 2020,
      "export_value_usd": 11329496.915321855,
      "active_destinations": 106,
      "yoy_growth_pct": 41.875091859893445
    },
    {
      "year": 2021,
      "export_value_usd": 7137514.7733479785,
      "active_destinations": 104,
      "yoy_growth_pct": -37.000602703767875
    },
    {
      "year": 2022,
      "export_value_usd": 8459874.660786806,
      "active_destinations": 105,
      "yoy_growth_pct": 18.52689527700341
    },
    {
      "year": 2023,
      "export_value_usd": 6324926.071014701,
      "active_destinations": 106,
      "yoy_growth_pct": -25.236172820243
    },
    {
      "year": 2024,
      "export_value_usd": 15415418.703602055,
      "active_destinations": 112,
      "yoy_growth_pct": 143.72488358791168
    }
  ],
  "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
  }
}