Imports
€2.5B
670.3M kg
Exports
€585.2M
111.1M kg
Balance
€-1.9B
Deficit
Price/kg
€3.74/kg
Between Jan 2022 and Mar 2026, the EU ran a trade deficit of €1.9B for OTHER BASE METALS; CERMETS; ARTICLES THEREOF, Magnesium and articles thereof, including waste and scrap (NC8 8104), a predominantly imported product. Imports reached €2.5B versus €585.2M in exports. The average import cost stood at €3.74/kg.
| 1 | 🇨🇳 China | €2.3B | 92.0% |
| 2 | 🇮🇱 Israel | €54.1M | 2.2% |
| 3 | 🇹🇷 Türkiye | €23.7M | 0.9% |
| 4 | 🇬🇧 United Kingdom | €21.3M | 0.8% |
| 5 | 🇨🇭 Switzerland | €17.2M | 0.7% |
| 6 | 🇺🇸 United States | €14.0M | 0.6% |
| 7 | 🇷🇺 Russia | €11.4M | 0.5% |
| 8 | 🇮🇳 India | €4.8M | 0.2% |
| 9 | 🇨🇦 Canada | €4.3M | 0.2% |
| 10 | 🇲🇽 Mexico | €3.4M | 0.1% |
| # | Country | Value (EUR) | Share (%) |
|---|---|---|---|
| 1 | 🇺🇸 United States | €376.6M | 64.4% |
| 2 | 🇬🇧 United Kingdom | €57.4M | 9.8% |
| 3 | 🇨🇭 Switzerland | €38.6M | 6.6% |
| 4 | 🇽🇸 XS | €32.7M | 5.6% |
| 5 | 🇧🇷 Brazil | €12.3M | 2.1% |
| 6 | 🇳🇴 Norway | €9.6M | 1.6% |
| 7 | 🇹🇷 Türkiye | €4.6M | 0.8% |
| 8 | 🇲🇽 Mexico | €2.9M | 0.5% |
| 9 | 🇨🇦 Canada | €2.4M | 0.4% |
| 10 | 🇨🇳 China | €2.3M | 0.4% |
€0
€0
€0
€3.74/kg
€5.27/kg
8,794
ConcentratedThird-country sourcing partners
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇨🇳 China | €2.3B | 623.8Mt | €3.70/kg | 93.7% | |
| 2 | 🇮🇱 Israel | €54.1M | 10.8Mt | €5.02/kg | 2.2% | |
| 3 | 🇹🇷 Turkey | €23.7M | 3.4Mt | €6.93/kg | 1.0% | |
| 4 | 🇬🇧 United Kingdom | €21.3M | 676Kt | €31.51/kg | 0.9% | |
| 5 | 🇨🇭 Switzerland | €17.2M | 10.8Mt | €1.58/kg | 0.7% | |
| 6 | 🇺🇸 United States | €14.0M | 3.4Mt | €4.16/kg | 0.6% | |
| 7 | 🇷🇺 Russia | €11.4M | 1.9Mt | €5.89/kg | 0.5% | |
| 8 | 🇮🇳 India | €4.8M | 2.2Mt | €2.18/kg | 0.2% | |
| 9 | 🇨🇦 Canada | €4.3M | 23Kt | €189.11/kg | 0.2% | |
| 10 | 🇲🇽 Mexico | €3.4M | 1.9Mt | €1.84/kg | 0.1% |
Third-country target markets
| # | Partner | Value (EUR) | kg | €/kg | Share | YoY |
|---|---|---|---|---|---|---|
| 1 | 🇺🇸 United States | €376.6M | 65.8Mt | €5.73/kg | 69.8% | |
| 2 | 🇬🇧 United Kingdom | €57.4M | 7.8Mt | €7.34/kg | 10.6% | |
| 3 | 🇨🇭 Switzerland | €38.6M | 13.9Mt | €2.78/kg | 7.2% | |
| 4 | 🇽🇸 XS | €32.7M | 5.2Mt | €6.25/kg | 6.1% | |
| 5 | 🇧🇷 Brazil | €12.3M | 6.3Mt | €1.94/kg | 2.3% | |
| 6 | 🇳🇴 Norway | €9.6M | 2.0Mt | €4.78/kg | 1.8% | |
| 7 | 🇹🇷 Turkey | €4.6M | 638Kt | €7.26/kg | 0.9% | |
| 8 | 🇲🇽 Mexico | €2.9M | 386Kt | €7.49/kg | 0.5% | |
| 9 | 🇨🇦 Canada | €2.4M | 1.0Mt | €2.36/kg | 0.4% | |
| 10 | 🇨🇳 China | €2.3M | 125Kt | €18.10/kg | 0.4% |