# NIC to Belgium HS 850760 new corridor signal

This page reviews a reported new-corridor signal for electric accumulators: lithium-ion, including separators, whether or not rectangular (including square). It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 17/100
- Reported period: 2024
- Buyer market imports: $1.7B
- Buyer market growth: -52.9%
- Current exporter share: 0.0%
- Share gap: 34.9%

## What the signal means

The signal points to a newly observed exporter-to-buyer relationship in the available reporting. It is a prompt for market research, not a forecast, order, or guarantee of commercial access. Compare demand, suppliers, access, and route history together before acting.

## Market opportunity

- Latest buyer imports: $1.7B
- Three-year buyer-import projection: $2.6B
- Supplier countries observed: 61
- Average buyer imports: $470.8M
- Historical buyer-import peak: $3.7B
- Full-history buyer-import CAGR: +14.7%
- Latest buyer-import annual change: -52.9%

## Competition landscape

- Top supplier: CHN
- Top supplier share: 34.9%
- Market concentration: 2,146
- Exporter share: 0.0%
- Share gap to peer benchmark: 34.9%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 9,021 km
- Trade agreement: Reported yes
- Business entry time: 5 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $51.8K
- GDP per-person growth: +2.0%
- Population: 11,588k
- GDP: $599.9B
- GDP five-year CAGR: Not reported
- Investment rate: 23.7%
- Savings rate: 24.9%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $6.2 | +0.0% |

## Broader route context

Broader NIC to Belgium route exports provide route context only; they are not presented as HS 850760 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1999 | $17.5M | +0.0% |
| 2000 | $14.8M | -15.6% |
| 2001 | $6.6M | -55.2% |
| 2002 | $3.7M | -43.8% |
| 2003 | $3.8M | +2.6% |
| 2004 | $9.2M | +141.3% |
| 2005 | $10.1M | +9.9% |
| 2006 | $21.9M | +116.4% |
| 2007 | $19.8M | -9.9% |
| 2008 | $27.6M | +39.8% |
| 2009 | $16.7M | -39.7% |
| 2010 | $17.6M | +5.5% |
| 2011 | $27.6M | +57.1% |
| 2012 | $49.0M | +77.4% |
| 2013 | $21.1M | -56.8% |
| 2014 | $21.7M | +2.6% |
| 2015 | $22.5M | +3.6% |
| 2016 | $25.1M | +11.7% |
| 2017 | $38.2M | +52.1% |
| 2018 | $41.3M | +8.3% |
| 2019 | $40.3M | -2.4% |
| 2020 | $50.7M | +25.7% |
| 2021 | $66.5M | +31.2% |
| 2022 | $92.7M | +39.4% |
| 2023 | $81.2M | -12.4% |
| 2024 | $110.2M | +35.8% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| NIC to SGP | HS 848620 | New corridor | $3.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nic-sgp-848620) |
| NIC to Marshall Islands | HS 271019 | New corridor | $2.5B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nic-mhl-271019) |
| NIC to Togo | HS 271019 | New corridor | $2.4B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nic-tgo-271019) |
| NIC to Spain | HS 870421 | New corridor | $2.3B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nic-esp-870421) |
| NIC to CHN | HS 260400 | New corridor | $2.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nic-chn-260400) |
| NIC to Italy | HS 711319 | New corridor | $2.1B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nic-ita-711319) |
| NIC to GBR | HS 760612 | New corridor | $1.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nic-gbr-760612) |
| NIC to GBR | HS 230910 | New corridor | $1.7B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/nic-gbr-230910) |

## Frequently asked questions

### What does a new corridor signal mean?

It identifies an exporter, buyer market, and HS6 combination included in the available new-corridor signal set for 2024. It is a research prompt, not a guarantee of demand or sales.

### Is the market opportunity reported trade?

Reported buyer imports and exporter share are observations. Any projection or share-gap measure is calculated from the available data and should not be treated as an order or forecast.

### What should exporters check next?

Validate product fit, buyers, tariffs, standards, logistics, pricing, competition, and the depth of product-level history before pursuing the route.

## Method

The signal is a calculated research indicator based on available reported trade observations. It is not a confirmed order, sales forecast, or guarantee of market entry. Validate buyers, tariffs, standards, logistics, pricing, and competition before acting.

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-09-02). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.