Imports
€2.5B
1.7B kg
Exports
€2.1B
956.0M kg
Balance
€-413.6M
Deficit
Price/kg
€1.48/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €413.6M for ARTICLES OF IRON OR STEEL, Cloth (including endless bands), grill, netting and fencing, of iron or steel wire; expanded metal of iron or steel (NC8 7314), a product with balanced trade flows. Imports reached €2.5B versus €2.1B in exports. The average import cost stood at €1.48/kg.
| 1 | 🇨🇳 China | €944.9M | 37.9% |
| 2 | 🇧🇦 Bosnia & Herzegovina | €380.1M | 15.2% |
| 3 | 🇹🇷 Türkiye | €310.9M | 12.5% |
| 4 | 🇬🇧 United Kingdom | €309.4M | 12.4% |
| 5 | 🇦🇱 Albania | €93.6M | 3.8% |
| 6 | 🇨🇭 Switzerland | €57.4M | 2.3% |
| 7 | 🇽🇸 XS | €56.9M | 2.3% |
| 8 | 🇺🇦 Ukraine | €39.6M | 1.6% |
| 9 | 🇻🇳 Vietnam | €29.2M | 1.2% |
| 10 | 🇰🇷 South Korea | €23.8M | 1.0% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇬🇧 United Kingdom | €552.9M | 26.6% |
| 2 | 🇺🇸 United States | €239.7M | 11.5% |
| 3 | 🇨🇭 Switzerland | €218.9M | 10.5% |
| 4 | 🇳🇴 Norway | €181.6M | 8.7% |
| 5 | 🇨🇳 China | €34.3M | 1.6% |
| 6 | 🇨🇦 Canada | €33.0M | 1.6% |
| 7 | 🇽🇸 XS | €22.4M | 1.1% |
| 8 | 🇲🇾 Malaysia | €18.0M | 0.9% |
| 9 | 🇲🇽 Mexico | €16.8M | 0.8% |
| 10 | 🇧🇦 Bosnia & Herzegovina | €16.4M | 0.8% |
€0
€0
€0
€1.48/kg
€2.18/kg
2,474
ModerateThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇨🇳 China | €944.9M | 522.1Mt | €1.81/kg | 42.1% | |
| 2 | 🇧🇦 Bosnia and Herzegovina | €380.1M | 491.2Mt | €0.7739/kg | 16.9% | |
| 3 | 🇹🇷 Turkey | €310.9M | 241.5Mt | €1.29/kg | 13.8% | |
| 4 | 🇬🇧 United Kingdom | €309.4M | 127.3Mt | €2.43/kg | 13.8% | |
| 5 | 🇦🇱 Albania | €93.6M | 52.6Mt | €1.78/kg | 4.2% | |
| 6 | 🇨🇭 Switzerland | €57.4M | 19.5Mt | €2.95/kg | 2.6% | |
| 7 | 🇽🇸 XS | €56.9M | 80.4Mt | €0.7079/kg | 2.5% | |
| 8 | 🇺🇦 Ukraine | €39.6M | 26.7Mt | €1.48/kg | 1.8% | |
| 9 | 🇻🇳 Vietnam | €29.2M | 809Kt | €36.13/kg | 1.3% | |
| 10 | 🇰🇷 South Korea | €23.8M | 365Kt | €65.29/kg | 1.1% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇬🇧 United Kingdom | €552.9M | 390.4Mt | €1.42/kg | 41.4% | |
| 2 | 🇺🇸 United States | €239.7M | 40.3Mt | €5.95/kg | 18.0% | |
| 3 | 🇨🇭 Switzerland | €218.9M | 89.9Mt | €2.44/kg | 16.4% | |
| 4 | 🇳🇴 Norway | €181.6M | 142.4Mt | €1.27/kg | 13.6% | |
| 5 | 🇨🇳 China | €34.3M | 657Kt | €52.15/kg | 2.6% | |
| 6 | 🇨🇦 Canada | €33.0M | 10.3Mt | €3.21/kg | 2.5% | |
| 7 | 🇽🇸 XS | €22.4M | 35.7Mt | €0.6274/kg | 1.7% | |
| 8 | 🇲🇾 Malaysia | €18.0M | 143Kt | €126.57/kg | 1.4% | |
| 9 | 🇲🇽 Mexico | €16.8M | 9.1Mt | €1.84/kg | 1.3% | |
| 10 | 🇧🇦 Bosnia and Herzegovina | €16.4M | 26.0Mt | €0.6324/kg | 1.2% |