Imports
€12.1B
85.1B kg
Exports
€5.1B
37.2B kg
Balance
€-7.0B
Deficit
Price/kg
€0.1419/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €7.0B for Iron ores and concentrates, other than roasted iron pyrites, Agglomerated (NC8 26011200), a predominantly imported product. Imports reached €12.1B versus €5.1B in exports. The average import cost stood at €0.1419/kg.
| 🇨🇦 Canada |
| €5.1B |
| 42.5% |
| 2 | 🇺🇦 Ukraine | €3.1B | 25.4% |
| 3 | 🇧🇷 Brazil | €1.8B | 14.5% |
| 4 | 🇺🇸 United States | €1.2B | 9.8% |
| 5 | 🇷🇺 Russia | €432.0M | 3.6% |
| 6 | 🇲🇽 Mexico | €20.9M | 0.2% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇸🇦 Saudi Arabia | €1.4B | 27.1% |
| 2 | 🇹🇷 Türkiye | €791.4M | 15.5% |
| 3 | 🇶🇦 Qatar | €782.7M | 15.3% |
| 4 | 🇪🇬 Egypt | €640.7M | 12.5% |
| 5 | 🇬🇧 United Kingdom | €512.6M | 10.0% |
| 6 | 🇦🇪 United Arab Emirates | €93.9M | 1.8% |
€0
€0
€0
€0.1419/kg
€0.1374/kg
3,008
ConcentratedThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇨🇦 Canada | €5.1B | 36.6Bt | €0.1401/kg | 44.3% | |
| 2 | 🇺🇦 Ukraine | €3.1B | 22.2Bt | €0.1378/kg | 26.5% | |
| 3 | 🇧🇷 Brazil | €1.8B | 11.7Bt | €0.1504/kg | 15.2% | |
| 4 | 🇺🇸 United States | €1.2B | 8.1Bt | €0.1457/kg | 10.2% | |
| 5 | 🇷🇺 Russia | €432.0M | 2.7Bt | €0.1588/kg | 3.7% | |
| 6 | 🇲🇽 Mexico | €20.9M | 376.7Mt | €0.0555/kg | 0.2% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇸🇦 Saudi Arabia | €1.4B | 9.9Bt | €0.1399/kg | 32.9% | |
| 2 | 🇹🇷 Turkey | €791.4M | 5.9Bt | €0.1333/kg | 18.8% | |
| 3 | 🇶🇦 Qatar | €782.7M | 5.6Bt | €0.1397/kg | 18.6% | |
| 4 | 🇪🇬 Egypt | €640.7M | 4.9Bt | €0.1301/kg | 15.2% | |
| 5 | 🇬🇧 United Kingdom | €512.6M | 3.5Bt | €0.1463/kg | 12.2% | |
| 6 | 🇦🇪 United Arab Emirates | €93.9M | 760.0Mt | €0.1236/kg | 2.2% |