Trade Opportunity
Export Wood from Latvia to Hungary under the EU-Mercosur Agreement 2026. Reduced tariffs and preferential access to a market of 780 million consumers.
📌 Why This Matters
Small and medium enterprises stand to gain significantly from reduced barriers.
🚢 Logistics: Major shipping routes connect European and South American ports in 14-21 days.
🔗 Related Opportunities
📌 Why This Matters
Tariff savings of up to 4 billion euros annually benefit exporters.
📊 Key Statistics: Combined GDP of €18 trillion, bilateral trade worth €140 billion annually.