Brussels: Europe and the Arabs
Last year, the European Union imported €29.5 billion worth of aluminum and aluminum products and exported €18.4 billion worth, resulting in a trade deficit of €11.1 billion.
Compared to 2019, aluminum imports increased by 29.9% (+€6.8 billion) and exports by 21.3% (+€3.2 billion). These monetary increases occurred despite a 1.7% decrease in the physical weight of exports and a 6.2% decrease in imports, indicating that the increase in value was primarily driven by higher prices.

According to figures released today by Eurostat, the European Union's statistical office in Brussels
In 2024, Norway and China were the EU's largest import partners for aluminum and aluminum products, with imports valued at €4.4 billion (15.0% of total imports) and €3.9 billion (13.1%), respectively. This was followed by Turkey (€2.8 billion; 9.4%), Iceland (€2.1 billion; 7.3%), and Switzerland (€1.7 billion; 5.8%).
Among these top five countries, imports (in value terms) from Iceland more than doubled (+104.9%) compared to 2019, and nearly doubled for Turkey (+95.4%).
As for exports, the United Kingdom topped the list with aluminum exports worth €3.7 billion (19.9% ​​of total exports), followed by the United States with €2.6 billion (14.1%), and Switzerland with €2.4 billion (12.8%). Turkey ranked fourth with exports worth €0.9 billion (5.0%), and India fifth with exports worth €0.8 billion (4.5%). Within this group, exports to India (+135.6%) and Turkey (+66.7%) saw the highest increase since 2019.