Imports
€3.8B
6.0B kg
Exports
€2.2B
3.3B kg
Balance
€-1.6B
Deficit
Price/kg
€0.6369/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €1.6B for Other bars and rods of iron or non-alloy steel, not further worked than forged, hot-rolled, hot-drawn or hot-extruded, but including those twisted after rolling, Containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling (NC8 72142000), a product with balanced trade flows. Imports reached €3.8B versus €2.2B in exports. The average import cost stood at €0.6369/kg.
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇹🇷 Türkiye | €996.1M | 26.1% |
| 2 | 🇳🇴 Norway | €562.0M | 14.7% |
| 3 | 🇪🇬 Egypt | €492.7M | 12.9% |
| 4 | 🇩🇿 Algeria | €479.3M | 12.6% |
| 5 | 🇺🇦 Ukraine | €266.6M | 7.0% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇬🇧 United Kingdom | €532.9M | 23.8% |
| 2 | 🇨🇭 Switzerland | €381.0M | 17.0% |
| 3 | 🇺🇸 United States | €270.9M | 12.1% |
| 4 | 🇨🇦 Canada | €183.4M | 8.2% |
| 5 | 🇳🇴 Norway | €113.7M | 5.1% |
€0
€0
€0
€0.6369/kg
€0.6859/kg
2,367
ModerateThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇹🇷 Turkey | €996.1M | 1.6Bt | €0.6113/kg | 35.6% | |
| 2 | 🇳🇴 Norway | €562.0M | 790.6Mt | €0.7108/kg | 20.1% | |
| 3 | 🇪🇬 Egypt | €492.7M | 865.8Mt | €0.5691/kg | 17.6% | |
| 4 | 🇩🇿 Algeria | €479.3M | 731.1Mt | €0.6556/kg | 17.1% | |
| 5 | 🇺🇦 Ukraine | €266.6M | 456.3Mt | €0.5843/kg | 9.5% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇬🇧 United Kingdom | €532.9M | 763.4Mt | €0.6981/kg | 36.0% | |
| 2 | 🇨🇭 Switzerland | €381.0M | 513.1Mt | €0.7425/kg | 25.7% | |
| 3 | 🇺🇸 United States | €270.9M | 434.8Mt | €0.6231/kg | 18.3% | |
| 4 | 🇨🇦 Canada | €183.4M | 319.0Mt | €0.5748/kg | 12.4% | |
| 5 | 🇳🇴 Norway | €113.7M | 164.9Mt | €0.6898/kg | 7.7% |