Imports
€22.8B
226.0B kg
Exports
€1.1B
10.9B kg
Balance
€-21.7B
Deficit
Price/kg
€0.1008/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €21.7B for Iron ores and concentrates, other than roasted iron pyrites, Non-agglomerated (NC8 26011100), a predominantly imported product. Imports reached €22.8B versus €1.1B in exports. The average import cost stood at €0.1008/kg.
| 🇨🇦 Canada |
| €6.3B |
| 27.4% |
| 2 | 🇧🇷 Brazil | €6.0B | 26.5% |
| 3 | 🇿🇦 South Africa | €4.0B | 17.5% |
| 4 | 🇺🇦 Ukraine | €3.1B | 13.8% |
| 5 | 🇱🇷 Liberia | €1.4B | 6.1% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇸🇬 Singapore | €487.2M | 44.3% |
| 2 | 🇨🇳 China | €207.7M | 18.9% |
| 3 | 🇬🇧 United Kingdom | €102.5M | 9.3% |
| 4 | 🇺🇸 United States | €92.0M | 8.4% |
| 5 | 🇧🇭 Bahrain | €70.0M | 6.4% |
€0
€0
€0
€0.1008/kg
€0.1013/kg
2,385
ModerateThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇨🇦 Canada | €6.3B | 60.7Bt | €0.1030/kg | 30.1% | |
| 2 | 🇧🇷 Brazil | €6.0B | 58.2Bt | €0.1038/kg | 29.0% | |
| 3 | 🇿🇦 South Africa | €4.0B | 37.1Bt | €0.1071/kg | 19.1% | |
| 4 | 🇺🇦 Ukraine | €3.1B | 31.5Bt | €0.1001/kg | 15.1% | |
| 5 | 🇱🇷 LR | €1.4B | 18.9Bt | €0.0733/kg | 6.7% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇸🇬 Singapore | €487.2M | 5.0Bt | €0.0976/kg | 50.8% | |
| 2 | 🇨🇳 China | €207.7M | 1.9Bt | €0.1107/kg | 21.6% | |
| 3 | 🇬🇧 United Kingdom | €102.5M | 950.4Mt | €0.1079/kg | 10.7% | |
| 4 | 🇺🇸 United States | €92.0M | 1.0Bt | €0.0889/kg | 9.6% | |
| 5 | 🇧🇭 Bahrain | €70.0M | 628.2Mt | €0.1115/kg | 7.3% |