Imports
€31.6B
44.4B kg
Exports
€9.7B
10.7B kg
Balance
€-21.9B
Deficit
Price/kg
€0.7113/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €21.9B for IRON AND STEEL, Flat-rolled products of iron or non-alloy steel, of a width of 600|mm or more, hot-rolled, not clad, plated or coated (NC8 7208), a predominantly imported product. Imports reached €31.6B versus €9.7B in exports. The average import cost stood at €0.7113/kg.
| 1 | 🇰🇷 South Korea | €3.8B | 12.1% |
| 2 | 🇹🇷 Türkiye | €3.5B | 11.1% |
| 3 | 🇯🇵 Japan | €2.8B | 8.9% |
| 4 | 🇮🇳 India | €2.8B | 8.7% |
| 5 | 🇮🇩 Indonesia | €2.2B | 7.1% |
| 6 | 🇺🇦 Ukraine | €2.2B | 6.8% |
| 7 | 🇻🇳 Vietnam | €1.5B | 4.7% |
| 8 | 🇹🇼 Taiwan | €1.1B | 3.4% |
| 9 | 🇽🇸 XS | €1.0B | 3.2% |
| 10 | 🇬🇧 United Kingdom | €581.9M | 1.8% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇬🇧 United Kingdom | €2.4B | 25.1% |
| 2 | 🇹🇷 Türkiye | €1.4B | 14.4% |
| 3 | 🇺🇸 United States | €548.3M | 5.6% |
| 4 | 🇨🇭 Switzerland | €450.8M | 4.6% |
| 5 | 🇮🇳 India | €385.3M | 4.0% |
| 6 | 🇪🇬 Egypt | €296.5M | 3.1% |
| 7 | 🇦🇪 United Arab Emirates | €277.5M | 2.9% |
| 8 | 🇧🇷 Brazil | €243.2M | 2.5% |
| 9 | 🇲🇽 Mexico | €216.3M | 2.2% |
| 10 | 🇳🇴 Norway | €179.9M | 1.9% |
€0
€0
€0
€0.7113/kg
€0.9056/kg
1,234
CompetitiveThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇰🇷 South Korea | €3.8B | 4.8Bt | €0.7965/kg | 17.8% | |
| 2 | 🇹🇷 Turkey | €3.5B | 5.3Bt | €0.6533/kg | 16.3% | |
| 3 | 🇯🇵 Japan | €2.8B | 3.6Bt | €0.7812/kg | 13.1% | |
| 4 | 🇮🇳 India | €2.8B | 3.7Bt | €0.7465/kg | 12.9% | |
| 5 | 🇮🇩 Indonesia | €2.2B | 3.5Bt | €0.6451/kg | 10.4% | |
| 6 | 🇺🇦 Ukraine | €2.2B | 3.7Bt | €0.5871/kg | 10.1% | |
| 7 | 🇻🇳 Vietnam | €1.5B | 2.3Bt | €0.6493/kg | 7.0% | |
| 8 | 🇹🇼 Taiwan | €1.1B | 1.4Bt | €0.7432/kg | 5.0% | |
| 9 | 🇽🇸 XS | €1.0B | 1.4Bt | €0.7423/kg | 4.7% | |
| 10 | 🇬🇧 United Kingdom | €581.9M | 618.7Mt | €0.9406/kg | 2.7% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇬🇧 United Kingdom | €2.4B | 2.7Bt | €0.8930/kg | 37.9% | |
| 2 | 🇹🇷 Turkey | €1.4B | 1.8Bt | €0.7952/kg | 21.7% | |
| 3 | 🇺🇸 United States | €548.3M | 639.6Mt | €0.8573/kg | 8.5% | |
| 4 | 🇨🇭 Switzerland | €450.8M | 462.8Mt | €0.9742/kg | 7.0% | |
| 5 | 🇮🇳 India | €385.3M | 360.5Mt | €1.07/kg | 6.0% | |
| 6 | 🇪🇬 Egypt | €296.5M | 536.8Mt | €0.5524/kg | 4.6% | |
| 7 | 🇦🇪 United Arab Emirates | €277.5M | 228.2Mt | €1.22/kg | 4.3% | |
| 8 | 🇧🇷 Brazil | €243.2M | 288.1Mt | €0.8442/kg | 3.8% | |
| 9 | 🇲🇽 Mexico | €216.3M | 242.8Mt | €0.8911/kg | 3.4% | |
| 10 | 🇳🇴 Norway | €179.9M | 120.6Mt | €1.49/kg | 2.8% |