Imports
€4.1B
1.8B kg
Exports
€3.1B
960.0M kg
Balance
€-962.4M
Deficit
Price/kg
€2.20/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €962.4M for ARTICLES OF IRON OR STEEL, Stranded wire, ropes, cables, plaited bands, slings and the like, of iron or steel, not electrically insulated (NC8 7312), a product with balanced trade flows. Imports reached €4.1B versus €3.1B in exports. The average import cost stood at €2.20/kg.
| 1 | 🇨🇳 China | €1.4B | 35.6% |
| 2 | 🇰🇷 South Korea | €499.0M | 12.3% |
| 3 | 🇹🇷 Türkiye | €398.5M | 9.8% |
| 4 | 🇻🇳 Vietnam | €369.0M | 9.1% |
| 5 | 🇹🇭 Thailand | €316.9M | 7.8% |
| 6 | 🇮🇳 India | €187.8M | 4.6% |
| 7 | 🇬🇧 United Kingdom | €118.4M | 2.9% |
| 8 | 🇨🇭 Switzerland | €97.8M | 2.4% |
| 9 | 🇺🇸 United States | €81.5M | 2.0% |
| 10 | 🇺🇦 Ukraine | €49.7M | 1.2% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇺🇸 United States | €793.4M | 25.7% |
| 2 | 🇨🇳 China | €265.2M | 8.6% |
| 3 | 🇬🇧 United Kingdom | €202.5M | 6.6% |
| 4 | 🇨🇭 Switzerland | €125.0M | 4.0% |
| 5 | 🇹🇷 Türkiye | €105.5M | 3.4% |
| 6 | 🇳🇴 Norway | €93.7M | 3.0% |
| 7 | 🇲🇦 Morocco | €65.0M | 2.1% |
| 8 | 🇦🇪 United Arab Emirates | €43.4M | 1.4% |
| 9 | 🇽🇸 XS | €42.9M | 1.4% |
| 10 | 🇨🇦 Canada | €39.4M | 1.3% |
€0
€0
€0
€2.20/kg
€3.22/kg
2,201
ModerateThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇨🇳 China | €1.4B | 653.1Mt | €2.21/kg | 40.5% | |
| 2 | 🇰🇷 South Korea | €499.0M | 170.6Mt | €2.92/kg | 14.0% | |
| 3 | 🇹🇷 Turkey | €398.5M | 225.8Mt | €1.76/kg | 11.2% | |
| 4 | 🇻🇳 Vietnam | €369.0M | 211.4Mt | €1.75/kg | 10.4% | |
| 5 | 🇹🇭 Thailand | €316.9M | 184.3Mt | €1.72/kg | 8.9% | |
| 6 | 🇮🇳 India | €187.8M | 108.4Mt | €1.73/kg | 5.3% | |
| 7 | 🇬🇧 United Kingdom | €118.4M | 25.4Mt | €4.67/kg | 3.3% | |
| 8 | 🇨🇭 Switzerland | €97.8M | 12.0Mt | €8.17/kg | 2.7% | |
| 9 | 🇺🇸 United States | €81.5M | 4.0Mt | €20.50/kg | 2.3% | |
| 10 | 🇺🇦 Ukraine | €49.7M | 50.9Mt | €0.9775/kg | 1.4% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇺🇸 United States | €793.4M | 329.2Mt | €2.41/kg | 44.7% | |
| 2 | 🇨🇳 China | €265.2M | 52.5Mt | €5.06/kg | 14.9% | |
| 3 | 🇬🇧 United Kingdom | €202.5M | 58.3Mt | €3.47/kg | 11.4% | |
| 4 | 🇨🇭 Switzerland | €125.0M | 25.8Mt | €4.84/kg | 7.0% | |
| 5 | 🇹🇷 Turkey | €105.5M | 31.9Mt | €3.31/kg | 5.9% | |
| 6 | 🇳🇴 Norway | €93.7M | 41.1Mt | €2.28/kg | 5.3% | |
| 7 | 🇲🇦 Morocco | €65.0M | 35.8Mt | €1.81/kg | 3.7% | |
| 8 | 🇦🇪 United Arab Emirates | €43.4M | 10.7Mt | €4.07/kg | 2.4% | |
| 9 | 🇽🇸 XS | €42.9M | 14.2Mt | €3.02/kg | 2.4% | |
| 10 | 🇨🇦 Canada | €39.4M | 19.0Mt | €2.07/kg | 2.2% |