Imports
€887.5M
1.2B kg
Exports
€73.1M
55.9M kg
Balance
€-814.4M
Deficit
Price/kg
€0.7142/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €814.4M for IRON AND STEEL, II. IRON AND NON-ALLOY STEEL (NC8 7206), a predominantly imported product. Imports reached €887.5M versus €73.1M in exports. The average import cost stood at €0.7142/kg.
| 89.9% |
| 2 | 🇨🇳 China | €43.2M | 4.9% |
| 3 | 🇬🇧 United Kingdom | €29.4M | 3.3% |
| 4 | 🇷🇺 Russia | €4.1M | 0.5% |
| 5 | 🇺🇸 United States | €3.0M | 0.3% |
| 6 | 🇯🇵 Japan | €2.6M | 0.3% |
| 7 | 🇳🇴 Norway | €2.2M | 0.3% |
| 8 | 🇰🇷 South Korea | €575K | 0.1% |
| 9 | 🇨🇭 Switzerland | €68K | 0.0% |
| 10 | 🇱🇾 Libya | €41K | 0.0% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇹🇳 Tunisia | €11.4M | 15.6% |
| 2 | 🇺🇸 United States | €11.2M | 15.3% |
| 3 | 🇹🇷 Türkiye | €7.5M | 10.3% |
| 4 | 🇨🇦 Canada | €3.3M | 4.5% |
| 5 | 🇿🇦 South Africa | €3.2M | 4.4% |
| 6 | 🇽🇸 XS | €3.1M | 4.3% |
| 7 | 🇮🇸 Iceland | €2.2M | 3.0% |
| 8 | 🇬🇧 United Kingdom | €2.2M | 3.0% |
| 9 | 🇧🇷 Brazil | €2.1M | 2.8% |
| 10 | 🇯🇵 Japan | €1.1M | 1.5% |
€0
€0
€0
€0.7142/kg
€1.31/kg
8,195
ConcentratedThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇮🇳 India | €797.5M | 1.2Bt | €0.6680/kg | 90.3% | |
| 2 | 🇨🇳 China | €43.2M | 6.3Mt | €6.89/kg | 4.9% | |
| 3 | 🇬🇧 United Kingdom | €29.4M | 27.6Mt | €1.07/kg | 3.3% | |
| 4 | 🇷🇺 Russia | €4.1M | 7.0Mt | €0.5951/kg | 0.5% | |
| 5 | 🇺🇸 United States | €3.0M | 729Kt | €4.18/kg | 0.3% | |
| 6 | 🇯🇵 Japan | €2.6M | 61Kt | €42.85/kg | 0.3% | |
| 7 | 🇳🇴 Norway | €2.2M | 3.4Mt | €0.6684/kg | 0.3% | |
| 8 | 🇰🇷 South Korea | €575K | 11Kt | €54.57/kg | 0.1% | |
| 9 | 🇨🇭 Switzerland | €68K | 10Kt | €6.52/kg | 0.0% | |
| 10 | 🇱🇾 Libya | €41K | 25Kt | €1.60/kg | 0.0% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇹🇳 Tunisia | €11.4M | 10.6Mt | €1.07/kg | 24.1% | |
| 2 | 🇺🇸 United States | €11.2M | 6.3Mt | €1.76/kg | 23.6% | |
| 3 | 🇹🇷 Turkey | €7.5M | 12.4Mt | €0.6042/kg | 15.9% | |
| 4 | 🇨🇦 Canada | €3.3M | 997Kt | €3.27/kg | 6.9% | |
| 5 | 🇿🇦 South Africa | €3.2M | 3.2Mt | €1.01/kg | 6.9% | |
| 6 | 🇽🇸 XS | €3.1M | 1.2Mt | €2.63/kg | 6.6% | |
| 7 | 🇮🇸 Iceland | €2.2M | 127Kt | €17.36/kg | 4.6% | |
| 8 | 🇬🇧 United Kingdom | €2.2M | 1.9Mt | €1.12/kg | 4.6% | |
| 9 | 🇧🇷 Brazil | €2.1M | 2.0Mt | €1.06/kg | 4.4% | |
| 10 | 🇯🇵 Japan | €1.1M | 505Kt | €2.20/kg | 2.4% |