Imports
€4.3B
9.7B kg
Exports
€187.0M
350.1M kg
Balance
€-4.1B
Deficit
Price/kg
€0.4438/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €4.1B for IRON AND STEEL, I. PRIMARY MATERIALS; PRODUCTS IN GRANULAR OR POWDER FORM (NC8 7201), a predominantly imported product. Imports reached €4.3B versus €187.0M in exports. The average import cost stood at €0.4438/kg.
| €1.9B |
| 43.7% |
| 2 | 🇧🇷 Brazil | €837.1M | 19.5% |
| 3 | 🇿🇦 South Africa | €585.0M | 13.6% |
| 4 | 🇺🇦 Ukraine | €528.4M | 12.3% |
| 5 | 🇳🇴 Norway | €153.2M | 3.6% |
| 6 | 🇮🇳 India | €49.6M | 1.2% |
| 7 | 🇨🇦 Canada | €28.2M | 0.7% |
| 8 | 🇽🇸 XS | €25.0M | 0.6% |
| 9 | 🇲🇽 Mexico | €15.3M | 0.4% |
| 10 | 🇩🇿 Algeria | €13.5M | 0.3% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇹🇷 Türkiye | €74.0M | 39.6% |
| 2 | 🇨🇭 Switzerland | €21.3M | 11.4% |
| 3 | 🇬🇧 United Kingdom | €19.1M | 10.2% |
| 4 | 🇮🇳 India | €8.6M | 4.6% |
| 5 | 🇺🇸 United States | €7.4M | 4.0% |
| 6 | 🇦🇪 United Arab Emirates | €7.0M | 3.7% |
| 7 | 🇧🇭 Bahrain | €6.3M | 3.4% |
| 8 | 🇳🇴 Norway | €5.6M | 3.0% |
| 9 | 🇹🇼 Taiwan | €5.0M | 2.7% |
| 10 | 🇸🇦 Saudi Arabia | €4.0M | 2.1% |
€0
€0
€0
€0.4438/kg
€0.5341/kg
2,877
ConcentratedThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇷🇺 Russia | €1.9B | 4.3Bt | €0.4342/kg | 45.6% | |
| 2 | 🇧🇷 Brazil | €837.1M | 1.6Bt | €0.5143/kg | 20.4% | |
| 3 | 🇿🇦 South Africa | €585.0M | 1.5Bt | €0.3996/kg | 14.2% | |
| 4 | 🇺🇦 Ukraine | €528.4M | 1.2Bt | €0.4253/kg | 12.9% | |
| 5 | 🇳🇴 Norway | €153.2M | 265.2Mt | €0.5777/kg | 3.7% | |
| 6 | 🇮🇳 India | €49.6M | 132.4Mt | €0.3749/kg | 1.2% | |
| 7 | 🇨🇦 Canada | €28.2M | 66.7Mt | €0.4224/kg | 0.7% | |
| 8 | 🇽🇸 XS | €25.0M | 93.0Mt | €0.2687/kg | 0.6% | |
| 9 | 🇲🇽 Mexico | €15.3M | 55.0Mt | €0.2777/kg | 0.4% | |
| 10 | 🇩🇿 Algeria | €13.5M | 38.0Mt | €0.3543/kg | 0.3% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇹🇷 Turkey | €74.0M | 190.0Mt | €0.3894/kg | 46.7% | |
| 2 | 🇨🇭 Switzerland | €21.3M | 33.2Mt | €0.6415/kg | 13.5% | |
| 3 | 🇬🇧 United Kingdom | €19.1M | 31.7Mt | €0.6016/kg | 12.1% | |
| 4 | 🇮🇳 India | €8.6M | 14.2Mt | €0.6057/kg | 5.4% | |
| 5 | 🇺🇸 United States | €7.4M | 10.4Mt | €0.7108/kg | 4.7% | |
| 6 | 🇦🇪 United Arab Emirates | €7.0M | 8.2Mt | €0.8438/kg | 4.4% | |
| 7 | 🇧🇭 Bahrain | €6.3M | 5.4Mt | €1.17/kg | 4.0% | |
| 8 | 🇳🇴 Norway | €5.6M | 5.2Mt | €1.09/kg | 3.6% | |
| 9 | 🇹🇼 Taiwan | €5.0M | 10.7Mt | €0.4682/kg | 3.2% | |
| 10 | 🇸🇦 Saudi Arabia | €4.0M | 3.7Mt | €1.07/kg | 2.5% |