Imports
€22.2B
9.9B kg
Exports
€3.2B
1.3B kg
Balance
€-19.1B
Deficit
Price/kg
€2.25/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €19.1B for IRON AND STEEL, Ferro-alloys (NC8 7202), a predominantly imported product. Imports reached €22.2B versus €3.2B in exports. The average import cost stood at €2.25/kg.
| 16.0% |
| 2 | 🇳🇴 Norway | €3.2B | 14.2% |
| 3 | 🇿🇦 South Africa | €1.6B | 7.4% |
| 4 | 🇰🇷 South Korea | €1.6B | 7.0% |
| 5 | 🇮🇳 India | €1.5B | 6.6% |
| 6 | 🇬🇧 United Kingdom | €1.2B | 5.3% |
| 7 | 🇶🇿 QZ | €1.0B | 4.6% |
| 8 | 🇰🇿 Kazakhstan | €715.4M | 3.2% |
| 9 | 🇺🇦 Ukraine | €611.8M | 2.8% |
| 10 | 🇨🇴 Colombia | €593.5M | 2.7% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇺🇸 United States | €937.3M | 29.7% |
| 2 | 🇹🇷 Türkiye | €366.7M | 11.6% |
| 3 | 🇯🇵 Japan | €268.6M | 8.5% |
| 4 | 🇬🇧 United Kingdom | €251.3M | 8.0% |
| 5 | 🇧🇷 Brazil | €99.1M | 3.1% |
| 6 | 🇮🇳 India | €92.6M | 2.9% |
| 7 | 🇺🇦 Ukraine | €83.1M | 2.6% |
| 8 | 🇮🇩 Indonesia | €69.2M | 2.2% |
| 9 | 🇲🇽 Mexico | €66.8M | 2.1% |
| 10 | 🇨🇭 Switzerland | €51.3M | 1.6% |
€0
€0
€0
€2.25/kg
€2.38/kg
1,396
CompetitiveThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇧🇷 Brazil | €3.5B | 612.8Mt | €5.78/kg | 22.9% | |
| 2 | 🇳🇴 Norway | €3.2B | 2.2Bt | €1.43/kg | 20.4% | |
| 3 | 🇿🇦 South Africa | €1.6B | 1.2Bt | €1.38/kg | 10.6% | |
| 4 | 🇰🇷 South Korea | €1.6B | 110.8Mt | €14.00/kg | 10.0% | |
| 5 | 🇮🇳 India | €1.5B | 1.3Bt | €1.11/kg | 9.5% | |
| 6 | 🇬🇧 United Kingdom | €1.2B | 53.5Mt | €21.98/kg | 7.6% | |
| 7 | 🇶🇿 QZ | €1.0B | 316.3Mt | €3.20/kg | 6.5% | |
| 8 | 🇰🇿 Kazakhstan | €715.4M | 388.2Mt | €1.84/kg | 4.6% | |
| 9 | 🇺🇦 Ukraine | €611.8M | 563.1Mt | €1.09/kg | 3.9% | |
| 10 | 🇨🇴 Colombia | €593.5M | 143.8Mt | €4.13/kg | 3.8% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇺🇸 United States | €937.3M | 483.9Mt | €1.94/kg | 41.0% | |
| 2 | 🇹🇷 Turkey | €366.7M | 107.0Mt | €3.43/kg | 16.0% | |
| 3 | 🇯🇵 Japan | €268.6M | 135.7Mt | €1.98/kg | 11.8% | |
| 4 | 🇬🇧 United Kingdom | €251.3M | 112.1Mt | €2.24/kg | 11.0% | |
| 5 | 🇧🇷 Brazil | €99.1M | 25.9Mt | €3.83/kg | 4.3% | |
| 6 | 🇮🇳 India | €92.6M | 36.1Mt | €2.57/kg | 4.1% | |
| 7 | 🇺🇦 Ukraine | €83.1M | 64.3Mt | €1.29/kg | 3.6% | |
| 8 | 🇮🇩 Indonesia | €69.2M | 57.8Mt | €1.20/kg | 3.0% | |
| 9 | 🇲🇽 Mexico | €66.8M | 18.2Mt | €3.68/kg | 2.9% | |
| 10 | 🇨🇭 Switzerland | €51.3M | 40.4Mt | €1.27/kg | 2.2% |