Imports
€3.6B
1.4B kg
Exports
€1.2B
231.3M kg
Balance
€-2.4B
Deficit
Price/kg
€2.50/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €2.4B for IRON AND STEEL, III. STAINLESS STEEL (NC8 7218), a predominantly imported product. Imports reached €3.6B versus €1.2B in exports. The average import cost stood at €2.50/kg.
| 70.0% |
| 2 | 🇮🇩 Indonesia | €740.0M | 20.7% |
| 3 | 🇰🇷 South Korea | €81.5M | 2.3% |
| 4 | 🇺🇸 United States | €57.2M | 1.6% |
| 5 | 🇮🇳 India | €53.3M | 1.5% |
| 6 | 🇧🇷 Brazil | €26.8M | 0.8% |
| 7 | 🇰🇿 Kazakhstan | €23.2M | 0.7% |
| 8 | 🇨🇳 China | €18.0M | 0.5% |
| 9 | 🇺🇦 Ukraine | €9.0M | 0.3% |
| 10 | 🇹🇼 Taiwan | €8.6M | 0.2% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇺🇸 United States | €448.8M | 38.9% |
| 2 | 🇮🇳 India | €217.1M | 18.8% |
| 3 | 🇬🇧 United Kingdom | €133.8M | 11.6% |
| 4 | 🇺🇦 Ukraine | €92.1M | 8.0% |
| 5 | 🇨🇳 China | €51.3M | 4.4% |
| 6 | 🇹🇼 Taiwan | €43.6M | 3.8% |
| 7 | 🇦🇷 Argentina | €39.8M | 3.5% |
| 8 | 🇨🇭 Switzerland | €34.3M | 3.0% |
| 9 | 🇰🇷 South Korea | €8.1M | 0.7% |
| 10 | 🇹🇭 Thailand | €4.0M | 0.3% |
€0
€0
€0
€2.50/kg
€4.98/kg
5,504
ConcentratedThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇬🇧 United Kingdom | €2.5B | 857.5Mt | €2.91/kg | 71.1% | |
| 2 | 🇮🇩 Indonesia | €740.0M | 454.8Mt | €1.63/kg | 21.0% | |
| 3 | 🇰🇷 South Korea | €81.5M | 38.9Mt | €2.09/kg | 2.3% | |
| 4 | 🇺🇸 United States | €57.2M | 16.0Mt | €3.57/kg | 1.6% | |
| 5 | 🇮🇳 India | €53.3M | 17.0Mt | €3.14/kg | 1.5% | |
| 6 | 🇧🇷 Brazil | €26.8M | 10.3Mt | €2.59/kg | 0.8% | |
| 7 | 🇰🇿 Kazakhstan | €23.2M | 7.8Mt | €2.96/kg | 0.7% | |
| 8 | 🇨🇳 China | €18.0M | 4.6Mt | €3.91/kg | 0.5% | |
| 9 | 🇺🇦 Ukraine | €9.0M | 4.0Mt | €2.26/kg | 0.3% | |
| 10 | 🇹🇼 Taiwan | €8.6M | 1.9Mt | €4.52/kg | 0.2% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇺🇸 United States | €448.8M | 94.2Mt | €4.76/kg | 41.8% | |
| 2 | 🇮🇳 India | €217.1M | 34.7Mt | €6.26/kg | 20.2% | |
| 3 | 🇬🇧 United Kingdom | €133.8M | 18.1Mt | €7.40/kg | 12.5% | |
| 4 | 🇺🇦 Ukraine | €92.1M | 20.5Mt | €4.49/kg | 8.6% | |
| 5 | 🇨🇳 China | €51.3M | 6.4Mt | €8.01/kg | 4.8% | |
| 6 | 🇹🇼 Taiwan | €43.6M | 15.7Mt | €2.78/kg | 4.1% | |
| 7 | 🇦🇷 Argentina | €39.8M | 14.3Mt | €2.78/kg | 3.7% | |
| 8 | 🇨🇭 Switzerland | €34.3M | 11.3Mt | €3.03/kg | 3.2% | |
| 9 | 🇰🇷 South Korea | €8.1M | 2.3Mt | €3.45/kg | 0.8% | |
| 10 | 🇹🇭 Thailand | €4.0M | 232Kt | €17.04/kg | 0.4% |