Imports
€28.9B
7.5B kg
Exports
€24.0B
2.4B kg
Balance
€-4.9B
Deficit
Price/kg
€3.84/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €4.9B for ARTICLES OF IRON OR STEEL, Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter pins, washers (including spring washers) and similar articles, of iron or steel (NC8 7318), a product with balanced trade flows. Imports reached €28.9B versus €24.0B in exports. The average import cost stood at €3.84/kg.
| Value (EUR) |
|---|
| Share (%) |
|---|
| 1 | 🇨🇳 China | €7.3B | 25.3% |
| 2 | 🇹🇼 Taiwan | €5.8B | 20.0% |
| 3 | 🇺🇸 United States | €2.9B | 9.9% |
| 4 | 🇹🇷 Türkiye | €1.8B | 6.3% |
| 5 | 🇨🇭 Switzerland | €1.4B | 4.8% |
| 6 | 🇻🇳 Vietnam | €1.1B | 3.9% |
| 7 | 🇬🇧 United Kingdom | €1.1B | 3.7% |
| 8 | 🇮🇳 India | €705.1M | 2.4% |
| 9 | 🇹🇭 Thailand | €295.6M | 1.0% |
| 10 | 🇱🇮 Liechtenstein | €273.0M | 0.9% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇺🇸 United States | €4.6B | 19.3% |
| 2 | 🇨🇳 China | €3.4B | 14.1% |
| 3 | 🇬🇧 United Kingdom | €2.6B | 10.8% |
| 4 | 🇨🇭 Switzerland | €1.2B | 4.9% |
| 5 | 🇹🇷 Türkiye | €926.9M | 3.9% |
| 6 | 🇲🇽 Mexico | €813.0M | 3.4% |
| 7 | 🇧🇷 Brazil | €185.2M | 0.8% |
| 8 | 🇳🇴 Norway | €157.7M | 0.7% |
| 9 | 🇱🇮 Liechtenstein | €98.0M | 0.4% |
| 10 | 🇮🇳 India | €76.4M | 0.3% |
€0
€0
€0
€3.84/kg
€10.01/kg
2,020
ModerateThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇨🇳 China | €7.3B | 3.1Bt | €2.36/kg | 32.4% | |
| 2 | 🇹🇼 Taiwan | €5.8B | 1.6Bt | €3.55/kg | 25.5% | |
| 3 | 🇺🇸 United States | €2.9B | 44.7Mt | €64.14/kg | 12.7% | |
| 4 | 🇹🇷 Turkey | €1.8B | 458.5Mt | €3.94/kg | 8.0% | |
| 5 | 🇨🇭 Switzerland | €1.4B | 84.2Mt | €16.50/kg | 6.1% | |
| 6 | 🇻🇳 Vietnam | €1.1B | 477.3Mt | €2.34/kg | 4.9% | |
| 7 | 🇬🇧 United Kingdom | €1.1B | 83.9Mt | €12.83/kg | 4.8% | |
| 8 | 🇮🇳 India | €705.1M | 230.6Mt | €3.06/kg | 3.1% | |
| 9 | 🇹🇭 Thailand | €295.6M | 196.2Mt | €1.51/kg | 1.3% | |
| 10 | 🇱🇮 Liechtenstein | €273.0M | 26.9Mt | €10.15/kg | 1.2% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇺🇸 United States | €4.6B | 364.4Mt | €12.71/kg | 32.9% | |
| 2 | 🇨🇳 China | €3.4B | 321.3Mt | €10.52/kg | 24.0% | |
| 3 | 🇬🇧 United Kingdom | €2.6B | 294.6Mt | €8.84/kg | 18.5% | |
| 4 | 🇨🇭 Switzerland | €1.2B | 126.6Mt | €9.37/kg | 8.4% | |
| 5 | 🇹🇷 Turkey | €926.9M | 114.1Mt | €8.12/kg | 6.6% | |
| 6 | 🇲🇽 Mexico | €813.0M | 104.0Mt | €7.82/kg | 5.8% | |
| 7 | 🇧🇷 Brazil | €185.2M | 32.9Mt | €5.63/kg | 1.3% | |
| 8 | 🇳🇴 Norway | €157.7M | 17.8Mt | €8.87/kg | 1.1% | |
| 9 | 🇱🇮 Liechtenstein | €98.0M | 13.5Mt | €7.28/kg | 0.7% | |
| 10 | 🇮🇳 India | €76.4M | 5.3Mt | €14.34/kg | 0.5% |