Imports
€5.5B
2.2B kg
Exports
€19.2B
5.9B kg
Balance
€13.8B
Surplus
Price/kg
€2.48/kg
Over the Jan 2022-Mar 2026 period, the EU recorded a trade surplus of €13.8B for ARTICLES OF IRON OR STEEL, Tubes, pipes and hollow profiles, seamless, of iron (other than cast iron) or steel (NC8 7304), a predominantly exported product. Exports reached €19.2B compared to €5.5B in imports. The average import price stood at €2.48/kg.
| 1 | 🇺🇦 Ukraine | €1.1B | 19.9% |
| 2 | 🇨🇳 China | €1.1B | 19.7% |
| 3 | 🇮🇳 India | €889.6M | 16.3% |
| 4 | 🇧🇷 Brazil | €303.6M | 5.6% |
| 5 | 🇺🇸 United States | €268.7M | 4.9% |
| 6 | 🇬🇧 United Kingdom | €202.2M | 3.7% |
| 7 | 🇰🇷 South Korea | €183.3M | 3.4% |
| 8 | 🇯🇵 Japan | €166.6M | 3.0% |
| 9 | 🇲🇽 Mexico | €129.9M | 2.4% |
| 10 | 🇹🇷 Türkiye | €117.6M | 2.2% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇺🇸 United States | €5.6B | 29.4% |
| 2 | 🇬🇧 United Kingdom | €1.5B | 7.9% |
| 3 | 🇧🇷 Brazil | €1.2B | 6.5% |
| 4 | 🇨🇳 China | €883.8M | 4.6% |
| 5 | 🇳🇴 Norway | €876.1M | 4.6% |
| 6 | 🇹🇷 Türkiye | €662.1M | 3.4% |
| 7 | 🇨🇦 Canada | €554.4M | 2.9% |
| 8 | 🇸🇦 Saudi Arabia | €539.9M | 2.8% |
| 9 | 🇦🇪 United Arab Emirates | €406.1M | 2.1% |
| 10 | 🇰🇼 Kuwait | €324.2M | 1.7% |
€0
€0
+€0
€2.48/kg
€3.26/kg
1,750
ModerateThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇺🇦 Ukraine | €1.1B | 600.1Mt | €1.81/kg | 24.5% | |
| 2 | 🇨🇳 China | €1.1B | 725.1Mt | €1.48/kg | 24.3% | |
| 3 | 🇮🇳 India | €889.6M | 120.7Mt | €7.37/kg | 20.1% | |
| 4 | 🇧🇷 Brazil | €303.6M | 150.3Mt | €2.02/kg | 6.9% | |
| 5 | 🇺🇸 United States | €268.7M | 65.2Mt | €4.12/kg | 6.1% | |
| 6 | 🇬🇧 United Kingdom | €202.2M | 52.2Mt | €3.87/kg | 4.6% | |
| 7 | 🇰🇷 South Korea | €183.3M | 25.9Mt | €7.08/kg | 4.1% | |
| 8 | 🇯🇵 Japan | €166.6M | 35.3Mt | €4.72/kg | 3.8% | |
| 9 | 🇲🇽 Mexico | €129.9M | 54.9Mt | €2.37/kg | 2.9% | |
| 10 | 🇹🇷 Turkey | €117.6M | 33.5Mt | €3.51/kg | 2.7% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇺🇸 United States | €5.6B | 2.1Bt | €2.72/kg | 44.6% | |
| 2 | 🇬🇧 United Kingdom | €1.5B | 303.1Mt | €5.01/kg | 12.0% | |
| 3 | 🇧🇷 Brazil | €1.2B | 135.7Mt | €9.18/kg | 9.8% | |
| 4 | 🇨🇳 China | €883.8M | 118.9Mt | €7.43/kg | 7.0% | |
| 5 | 🇳🇴 Norway | €876.1M | 192.2Mt | €4.56/kg | 6.9% | |
| 6 | 🇹🇷 Turkey | €662.1M | 338.1Mt | €1.96/kg | 5.2% | |
| 7 | 🇨🇦 Canada | €554.4M | 246.2Mt | €2.25/kg | 4.4% | |
| 8 | 🇸🇦 Saudi Arabia | €539.9M | 150.9Mt | €3.58/kg | 4.3% | |
| 9 | 🇦🇪 United Arab Emirates | €406.1M | 119.3Mt | €3.40/kg | 3.2% | |
| 10 | 🇰🇼 Kuwait | €324.2M | 204.6Mt | €1.58/kg | 2.6% |