Imports
€8.7B
18.5B kg
Exports
€27.2B
71.9B kg
Balance
€18.5B
Surplus
Price/kg
€0.4689/kg
Over the Jan 2022-Mar 2026 period, the EU recorded a trade surplus of €18.5B for IRON AND STEEL, Ferrous waste and scrap; remelting scrap ingots of iron or steel (NC8 7204), a predominantly exported product. Exports reached €27.2B compared to €8.7B in imports. The average import price stood at €0.4689/kg.
| 1 |
| 🇬🇧 United Kingdom |
| €1.9B |
| 22.5% |
| 2 | 🇨🇭 Switzerland | €1.3B | 14.5% |
| 3 | 🇺🇸 United States | €1.0B | 11.8% |
| 4 | 🇳🇴 Norway | €754.7M | 8.7% |
| 5 | 🇹🇷 Türkiye | €704.8M | 8.1% |
| 6 | 🇺🇦 Ukraine | €230.1M | 2.7% |
| 7 | 🇰🇿 Kazakhstan | €206.8M | 2.4% |
| 8 | 🇲🇰 North Macedonia | €93.7M | 1.1% |
| 9 | 🇮🇱 Israel | €72.5M | 0.8% |
| 10 | 🇲🇽 Mexico | €66.7M | 0.8% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇹🇷 Türkiye | €15.2B | 56.0% |
| 2 | 🇮🇳 India | €3.3B | 12.1% |
| 3 | 🇪🇬 Egypt | €2.3B | 8.5% |
| 4 | 🇵🇰 Pakistan | €1.5B | 5.4% |
| 5 | 🇲🇦 Morocco | €539.4M | 2.0% |
| 6 | 🇳🇴 Norway | €384.6M | 1.4% |
| 7 | 🇬🇧 United Kingdom | €303.8M | 1.1% |
| 8 | 🇨🇭 Switzerland | €228.5M | 0.8% |
| 9 | 🇺🇸 United States | €181.2M | 0.7% |
| 10 | 🇹🇭 Thailand | €150.3M | 0.6% |
€0
€0
+€0
€0.4689/kg
€0.3776/kg
1,881
ModerateThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇬🇧 United Kingdom | €1.9B | 5.2Bt | €0.3756/kg | 30.7% | |
| 2 | 🇨🇭 Switzerland | €1.3B | 3.2Bt | €0.3911/kg | 19.7% | |
| 3 | 🇺🇸 United States | €1.0B | 2.0Bt | €0.5034/kg | 16.1% | |
| 4 | 🇳🇴 Norway | €754.7M | 1.7Bt | €0.4351/kg | 11.9% | |
| 5 | 🇹🇷 Turkey | €704.8M | 675.1Mt | €1.04/kg | 11.1% | |
| 6 | 🇺🇦 Ukraine | €230.1M | 828.4Mt | €0.2778/kg | 3.6% | |
| 7 | 🇰🇿 Kazakhstan | €206.8M | 116.1Mt | €1.78/kg | 3.3% | |
| 8 | 🇲🇰 North Macedonia | €93.7M | 285.4Mt | €0.3284/kg | 1.5% | |
| 9 | 🇮🇱 Israel | €72.5M | 255.9Mt | €0.2835/kg | 1.1% | |
| 10 | 🇲🇽 Mexico | €66.7M | 45.5Mt | €1.47/kg | 1.1% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇹🇷 Turkey | €15.2B | 43.7Bt | €0.3475/kg | 63.2% | |
| 2 | 🇮🇳 India | €3.3B | 5.8Bt | €0.5625/kg | 13.6% | |
| 3 | 🇪🇬 Egypt | €2.3B | 6.8Bt | €0.3387/kg | 9.6% | |
| 4 | 🇵🇰 Pakistan | €1.5B | 2.9Bt | €0.5141/kg | 6.1% | |
| 5 | 🇲🇦 Morocco | €539.4M | 1.5Bt | €0.3493/kg | 2.2% | |
| 6 | 🇳🇴 Norway | €384.6M | 1.2Bt | €0.3237/kg | 1.6% | |
| 7 | 🇬🇧 United Kingdom | €303.8M | 568.0Mt | €0.5348/kg | 1.3% | |
| 8 | 🇨🇭 Switzerland | €228.5M | 612.9Mt | €0.3728/kg | 0.9% | |
| 9 | 🇺🇸 United States | €181.2M | 461.9Mt | €0.3924/kg | 0.8% | |
| 10 | 🇹🇭 Thailand | €150.3M | 112.7Mt | €1.33/kg | 0.6% |