United Kingdom

United Kingdom shipped 3.3 Mt of CBAM goods to the EU in 2025 (2.9 % of all CBAM imports, down 7 % on 2024). Most of the exposure comes from iron and steel. At default values the 2026 CBAM bill would be about €342 m, ranking it 10th of 152 countries.

3.3 MtEU imports, 2025
€6.15 bncustoms value
€342 mCBAM exposure 2026
€103/taverage per tonne

What it exports

Steel 70 %Aluminium 11 %Fertilisers 5 %Cement 13 %Hydrogen 0 %
SectorTonnes 2025ValueExposure 20262034
Iron and steel2.3 Mt€4.37 bn€303 m€665 m
Aluminium381 kt€1.58 bn€29.7 m€87.9 m
Cement432 kt€71.9 m€7.2 m€26.5 m
Fertilisers178 kt€130 m€2.7 m€10.6 m
Hydrogen23 t€635 k€13 k€27 k

Products with the largest exposure

Default value (2026, incl. mark-up) and CBAM benchmark in tCO₂e per tonne. For 10 % of the tonnage no country-specific default is published, so the higher “other countries and territories” value applies.

CN codeProductTonnesDefaultBenchmarkExposure
7225 99 00Flat-rolled products of alloy steel other than stainless, of a width of ≥ 600 mm, hot-ro… 144 kt4.0701.706€28.6 m
7218 91 10Semi-finished products of stainless steel, of rectangular "other than square" cross-sect… 132 kt3.6191.189€26.6 m
7225 92 00Flat-rolled products of alloy steel other than stainless, of a width of ≥ 600 mm, hot-ro… 109 kt4.0701.706€21.6 m
7308 90 98Structures and parts of structures of iron or steel, n.e.s. (excl. bridges and bridge-se… 114 kt3.3441.491€17.7 m
7306 61 99Tubes and pipes and hollow profiles, welded, of square or rectangular cross-section, of … 133 kt2.7501.491€14.2 m
7227 90 10Bars and rods, hot-rolled, of steel containing by weight ≥ 0,0008 % of boron with any ot… 51 kt3.7841.435€10.1 m
7601 20 30Unwrought aluminium alloys in the form of slabs 167 kt2.0571.423€9.2 m
7210 49 00Flat-rolled products of iron or non-alloy steel, of a width of ≥ 600 mm, hot-rolled or c… 72 kt2.7501.491€7.7 m
7225 50 80Flat-rolled products of alloy steel other than stainless, of a width of ≥ 600 mm, not fu… 36 kt4.0701.673€7.3 m
7213 91 70Bars and rods, hot-rolled, in irregularly wound coils, of iron or non-alloy steel, conta… 70 kt2.5411.364€7.0 m
7214 91 10Bars and rods of iron or non-alloy steel, not further worked than hot-rolled, hot-drawn … 63 kt2.5411.364€6.3 m
7218 99 11Semi-finished products of stainless steel, of square cross-section, rolled or obtained b… 31 kt3.6191.189€6.2 m

Outlook

Same 2025 volumes, same certificate price (€82.32), default values throughout.

2026€342 m10 % mark-up, 97.5 % free allocation
2030€616 m30 % mark-up, 51.5 % free allocation
2034€790 m30 % mark-up, no free allocation

Carbon pricing in United Kingdom

The UK runs its own ETS, and its own CBAM starts on 1 January 2027. The EU and UK are negotiating to link their ETSs; once a link is in force, the EU has said CBAM would not apply to goods originating in the UK. Until then, UK goods are subject to EU CBAM.

Where it sits on the map

CBAM exposure 2026, at default values over €1 bn €100 m – 1 bn €10 – 100 m €1 – 10 m under €1 m EU

Read more

Nearby in the ranking: Taiwan, South Korea, Vietnam, Algeria.

Sources: Eurostat Comext (DS-045409), annual 2025; Implementing Regulations (EU) 2025/2621 and 2025/2620. See methodology.