How does the EU-Mercosur Agreement 2026 work?

The EU-Mercosur Agreement, in force since May 1, 2026, eliminates 91% of tariffs between EU and Mercosur (Argentina, Brazil, Paraguay, Uruguay). EuroMercosur.es connects verified companies.

Which countries are covered?

27 EU countries + Argentina, Brazil, Paraguay, Uruguay. 780 million consumers.

How much do companies save?

4 billion euros yearly for European companies. Progressive reduction 2026-2036.

EuroMercosur

Trade Copper: Latvia → Hungary

Trade Opportunity

Export Copper from Latvia to Hungary under the EU-Mercosur Agreement 2026. Reduced tariffs and preferential access to a market of 780 million consumers.

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📌 Why This Matters

91% of tariffs will be eliminated under this historic agreement.

📊 Key Statistics: Combined GDP of €18 trillion, bilateral trade worth €140 billion annually.

🔗 Related Opportunities

portugal-paises-bajos argentina-republica-checa francia-irlanda eslovaquia-rumania letonia-suecia

📌 Why This Matters

With 780 million consumers, this market offers unprecedented opportunities.

💰 Cost Savings: Average tariff reduction of 35% on industrial goods.

🔗 Related Opportunities

espana-chipre uruguay-eslovenia austria-estonia espana-austria lituania-eslovaquia

🚀 EU-Mercosur Agreement 2026

780M consumers · 91% tariffs eliminated

🌍 EuroMercosur 🏭 MaquinariaB2B 📦 Atrapalotes 🏠 SubastasClaras

📊 Trade Analysis: Copper — Latvia / Hungary

5% → 0%

Tariff reduction

$2312M

Est. trade volume

+7%

Growth 2026-28

The Copper trade route between Latvia and Hungary represents a key opportunity under the EU-Mercosur Agreement signed in January 2026. With tariff reductions, exporters and importers can benefit from substantial savings.

The Copper sector between these markets shows remarkable growth potential for 2026-2028 thanks to the progressive elimination of trade barriers.

🔗 Other routes for Copper

Paraguay → Portugal Slovakia → Denmark Paraguay → Hungary Cyprus → Bulgaria Austria → Romania

📦 Other products: Latvia → Hungary

Seafood Wine Solar Panels Wheat Petroleo

📋 Required Documentation

To export Copper from Latvia to Hungary, the following is required: EUR.1 certificate of origin, commercial invoice, packing list, transport document (BL/AWB/CMR), customs declaration, and sector-specific certifications. The EU-Mercosur Agreement simplifies these procedures through mutual recognition of certifications.

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📊 Sector Companies on EuroMercosur

Real data from our B2B directory

companies in our directory from Latvia

1,367

registered companies in the sector

countries with active companies

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