Imports
€8.6B
1.7B kg
Exports
€3.4B
323.2M kg
Balance
€-5.2B
Deficit
Price/kg
€5.13/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €5.2B for ARTICLES OF IRON OR STEEL, Table, kitchen or other household articles and parts thereof, of iron or steel; iron or steel wool; pot scourers and scouring or polishing pads, gloves and the like, of iron or steel (NC8 7323), a predominantly imported product. Imports reached €8.6B versus €3.4B in exports. The average import cost stood at €5.13/kg.
| Country |
|---|
| Value (EUR) |
|---|
| Share (%) |
|---|
| 1 | 🇨🇳 China | €7.1B | 81.9% |
| 2 | 🇹🇷 Türkiye | €447.7M | 5.2% |
| 3 | 🇮🇳 India | €399.2M | 4.6% |
| 4 | 🇻🇳 Vietnam | €172.1M | 2.0% |
| 5 | 🇺🇦 Ukraine | €81.8M | 0.9% |
| 6 | 🇹🇭 Thailand | €46.2M | 0.5% |
| 7 | 🇬🇧 United Kingdom | €26.0M | 0.3% |
| 8 | 🇽🇸 XS | €22.8M | 0.3% |
| 9 | 🇨🇭 Switzerland | €8.1M | 0.1% |
| 10 | 🇶🇼 QW | €7.6M | 0.1% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇺🇸 United States | €824.5M | 24.1% |
| 2 | 🇨🇭 Switzerland | €324.8M | 9.5% |
| 3 | 🇬🇧 United Kingdom | €294.3M | 8.6% |
| 4 | 🇳🇴 Norway | €175.1M | 5.1% |
| 5 | 🇹🇷 Türkiye | €135.4M | 4.0% |
| 6 | 🇰🇷 South Korea | €90.1M | 2.6% |
| 7 | 🇨🇳 China | €88.6M | 2.6% |
| 8 | 🇯🇵 Japan | €59.9M | 1.7% |
| 9 | 🇸🇷 Suriname | €3.5M | 0.1% |
| 10 | 🇦🇪 United Arab Emirates | €2.2M | 0.1% |
€0
€0
€0
€5.13/kg
€10.58/kg
7,346
ConcentratedThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇨🇳 China | €7.1B | 1.4Bt | €5.06/kg | 85.4% | |
| 2 | 🇹🇷 Turkey | €447.7M | 109.8Mt | €4.08/kg | 5.4% | |
| 3 | 🇮🇳 India | €399.2M | 69.9Mt | €5.71/kg | 4.8% | |
| 4 | 🇻🇳 Vietnam | €172.1M | 24.1Mt | €7.15/kg | 2.1% | |
| 5 | 🇺🇦 Ukraine | €81.8M | 25.7Mt | €3.19/kg | 1.0% | |
| 6 | 🇹🇭 Thailand | €46.2M | 5.0Mt | €9.19/kg | 0.6% | |
| 7 | 🇬🇧 United Kingdom | €26.0M | 2.8Mt | €9.34/kg | 0.3% | |
| 8 | 🇽🇸 XS | €22.8M | 2.5Mt | €9.16/kg | 0.3% | |
| 9 | 🇨🇭 Switzerland | €8.1M | 370Kt | €21.83/kg | 0.1% | |
| 10 | 🇶🇼 QW | €7.6M | 1.3Mt | €6.03/kg | 0.1% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇺🇸 United States | €824.5M | 65.5Mt | €12.59/kg | 41.3% | |
| 2 | 🇨🇭 Switzerland | €324.8M | 29.6Mt | €10.99/kg | 16.3% | |
| 3 | 🇬🇧 United Kingdom | €294.3M | 35.9Mt | €8.21/kg | 14.7% | |
| 4 | 🇳🇴 Norway | €175.1M | 15.8Mt | €11.06/kg | 8.8% | |
| 5 | 🇹🇷 Turkey | €135.4M | 8.4Mt | €16.09/kg | 6.8% | |
| 6 | 🇰🇷 South Korea | €90.1M | 7.4Mt | €12.20/kg | 4.5% | |
| 7 | 🇨🇳 China | €88.6M | 5.9Mt | €14.95/kg | 4.4% | |
| 8 | 🇯🇵 Japan | €59.9M | 4.5Mt | €13.22/kg | 3.0% | |
| 9 | 🇸🇷 SR | €3.5M | 2.7Mt | €1.27/kg | 0.2% | |
| 10 | 🇦🇪 United Arab Emirates | €2.2M | 547Kt | €4.11/kg | 0.1% |