Imports
€5.9B
1.3B kg
Exports
€4.0B
444.1M kg
Balance
€-1.9B
Deficit
Price/kg
€4.37/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €1.9B for ARTICLES OF IRON OR STEEL, Stoves, ranges, grates, cookers (including those with subsidiary boilers for central heating), barbecues, braziers, gas rings, plate warmers and similar non-electric domestic appliances, and parts thereof, of iron or steel (NC8 7321), a product with balanced trade flows. Imports reached €5.9B versus €4.0B in exports. The average import cost stood at €4.37/kg.
| # | Country | Value (EUR) | Share (%) |
|---|
| 1 | 🇨🇳 China | €4.0B | 68.2% |
| 2 | 🇹🇷 Türkiye | €655.6M | 11.2% |
| 3 | 🇽🇸 XS | €200.6M | 3.4% |
| 4 | 🇬🇧 United Kingdom | €179.0M | 3.1% |
| 5 | 🇯🇵 Japan | €105.2M | 1.8% |
| 6 | 🇺🇸 United States | €92.2M | 1.6% |
| 7 | 🇨🇦 Canada | €65.0M | 1.1% |
| 8 | 🇲🇰 North Macedonia | €57.6M | 1.0% |
| 9 | 🇳🇴 Norway | €57.5M | 1.0% |
| 10 | 🇰🇷 South Korea | €52.6M | 0.9% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇬🇧 United Kingdom | €599.4M | 15.1% |
| 2 | 🇺🇸 United States | €469.2M | 11.9% |
| 3 | 🇳🇴 Norway | €322.5M | 8.1% |
| 4 | 🇨🇭 Switzerland | €248.8M | 6.3% |
| 5 | 🇸🇦 Saudi Arabia | €188.8M | 4.8% |
| 6 | 🇹🇷 Türkiye | €173.7M | 4.4% |
| 7 | 🇨🇳 China | €129.6M | 3.3% |
| 8 | 🇦🇺 Australia | €85.9M | 2.2% |
| 9 | 🇺🇦 Ukraine | €43.1M | 1.1% |
| 10 | 🇦🇪 United Arab Emirates | €36.3M | 0.9% |
€0
109.0M PST€0
22.6M PST€0
€53.66/PST
(€4.37/kg)€174.99/PST
(€8.91/kg)5,531
ConcentratedThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇨🇳 China | €4.0B | 952.3Mt | €4.19/kg | 73.2% | |
| 2 | 🇹🇷 Turkey | €655.6M | 148.5Mt | €4.41/kg | 12.0% | |
| 3 | 🇽🇸 XS | €200.6M | 57.2Mt | €3.51/kg | 3.7% | |
| 4 | 🇬🇧 United Kingdom | €179.0M | 13.4Mt | €13.32/kg | 3.3% | |
| 5 | 🇯🇵 Japan | €105.2M | 14.2Mt | €7.40/kg | 1.9% | |
| 6 | 🇺🇸 United States | €92.2M | 11.0Mt | €8.35/kg | 1.7% | |
| 7 | 🇨🇦 Canada | €65.0M | 9.9Mt | €6.57/kg | 1.2% | |
| 8 | 🇲🇰 North Macedonia | €57.6M | 12.1Mt | €4.78/kg | 1.1% | |
| 9 | 🇳🇴 Norway | €57.5M | 22.1Mt | €2.60/kg | 1.1% | |
| 10 | 🇰🇷 South Korea | €52.6M | 5.0Mt | €10.58/kg | 1.0% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇬🇧 United Kingdom | €599.4M | 77.0Mt | €7.79/kg | 26.1% | |
| 2 | 🇺🇸 United States | €469.2M | 45.2Mt | €10.38/kg | 20.4% | |
| 3 | 🇳🇴 Norway | €322.5M | 40.5Mt | €7.96/kg | 14.0% | |
| 4 | 🇨🇭 Switzerland | €248.8M | 24.5Mt | €10.17/kg | 10.8% | |
| 5 | 🇸🇦 Saudi Arabia | €188.8M | 22.1Mt | €8.53/kg | 8.2% | |
| 6 | 🇹🇷 Turkey | €173.7M | 15.9Mt | €10.89/kg | 7.6% | |
| 7 | 🇨🇳 China | €129.6M | 7.1Mt | €18.20/kg | 5.6% | |
| 8 | 🇦🇺 Australia | €85.9M | 4.9Mt | €17.55/kg | 3.7% | |
| 9 | 🇺🇦 Ukraine | €43.1M | 10.4Mt | €4.16/kg | 1.9% | |
| 10 | 🇦🇪 United Arab Emirates | €36.3M | 4.9Mt | €7.40/kg | 1.6% |