EU–South Korea › Iron & steel
EU–South Korea trade in iron & steel
In May 2026, the EU exported €53M of iron & steel to South Korea and imported €334M — a €281M deficit in this category.
The EU's iron & steel deficit with South Korea has widened by about 68% over the past year, from €167M to €281M.
South Korea supplied about 14% of the EU's extra-EU imports of iron & steel in May 2026.
Updated monthly · latest data May 2026
— EU exports— EU imports137 months · latest 2026-05
EU exports
€53M
EU imports
€334M
Balance
−€281M
Top sub-categories traded with South Korea
EU exports →
- 7226Flat-rolled products of alloy steel other than stainless, of a width of < 600 mm, hot-rolled or cold-rolled "cold-reduced"€16M
- 7208Flat-rolled products of iron or non-alloy steel, of a width >= 600 mm, hot-rolled, not clad, plated or coated€8.5M
- 7225Flat-rolled products of alloy steel other than stainless, of a width of >= 600 mm, hot-rolled or cold-rolled "cold-reduced"€6.6M
- 7219Flat-rolled products of stainless steel, of a width of >= 600 mm, hot-rolled or cold-rolled "cold-reduced"€4.8M
- 7205Granules and powders of pig iron, spiegeleisen, iron or steel (excl. granules and powders of ferro-alloys, turnings and filings of iron or steel, radioactive iron powders "isotopes" and certain low-calibre, substandard balls for ballbearings)€4.5M
← EU imports
- 7208Flat-rolled products of iron or non-alloy steel, of a width >= 600 mm, hot-rolled, not clad, plated or coated€103M
- 7219Flat-rolled products of stainless steel, of a width of >= 600 mm, hot-rolled or cold-rolled "cold-reduced"€53M
- 7210Flat-rolled products of iron or non-alloy steel, of a width >= 600 mm, hot-rolled or cold-rolled "cold-reduced", clad, plated or coated€45M
- 7202Ferro-alloys€31M
- 7209Flat-rolled products of iron or non-alloy steel, of a width of >= 600 mm, cold-rolled "cold-reduced", not clad, plated or coated€27M
Monthly figures
| Month | EU exports | EU imports | Balance |
|---|---|---|---|
| May 2026 | €53M | €334M | −€281M |
| April 2026 | €49M | €394M | −€345M |
| March 2026 | €48M | €243M | −€195M |
| February 2026 | €51M | €157M | −€106M |
| January 2026 | €51M | €321M | −€270M |
| December 2025 | €41M | €146M | −€105M |
| November 2025 | €37M | €230M | −€193M |
| October 2025 | €40M | €454M | −€414M |
| September 2025 | €39M | €149M | −€110M |
| August 2025 | €31M | €217M | −€186M |
| July 2025 | €46M | €445M | −€399M |
| June 2025 | €32M | €230M | −€198M |
| May 2025 | €42M | €210M | −€167M |
| April 2025 | €38M | €371M | −€333M |
| March 2025 | €43M | €173M | −€129M |
| February 2025 | €29M | €290M | −€261M |
| January 2025 | €28M | €477M | −€450M |
| December 2024 | €37M | €246M | −€209M |
| November 2024 | €28M | €268M | −€240M |
| October 2024 | €41M | €362M | −€320M |
| September 2024 | €35M | €332M | −€297M |
| August 2024 | €26M | €272M | −€246M |
| July 2024 | €46M | €285M | −€238M |
| June 2024 | €27M | €376M | −€349M |
EU exports, imports and balance by month — extra-EU, EU27 reporter, latest 24 months.
Related trade lanes
Source: Eurostat — Comext DS-059341 · EU27 reporter · extra-EU trade · value in EUR. Figures are indicative and may be revised; verify against Eurostat before relying on them.