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 Machinery: Spain → Latvia

Trade Opportunity

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

Find Partners

📌 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.

🔗 Related Opportunities

letonia-portugal austria-irlanda rumania-paises-bajos croacia-paises-bajos malta-alemania

📌 Why This Matters

With 780 million consumers, this market offers unprecedented opportunities.

📈 Growth Potential: Projected 25% increase in trade volume over the next 5 years.

🔗 Related Opportunities

bulgaria-portugal letonia-malta hungria-irlanda espana-malta grecia-rumania

🚀 EU-Mercosur Agreement 2026

780M consumers · 91% tariffs eliminated

🌍 EuroMercosur 🏭 MaquinariaB2B 📦 Atrapalotes 🏠 SubastasClaras

📊 Trade Analysis: Machinery — Spain / Latvia

8% → 0%

Tariff reduction

$7291M

Est. trade volume

+16%

Growth 2026-28

The Machinery trade route between Spain and Latvia 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 Machinery sector between these markets shows remarkable growth potential for 2026-2028 thanks to the progressive elimination of trade barriers.

🔗 Other routes for Machinery

Uruguay → Malta Italy → Austria Uruguay → Italy Austria → Ireland Slovakia → Romania

📦 Other products: Spain → Latvia

Poultry Paints Plasticos Meat Cheese

📋 Required Documentation

To export Machinery from Spain to Latvia, 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.

✅ Free Registration 📂 Directory 📊 Calculate tariffs

📊 Sector Companies on EuroMercosur

Real data from our B2B directory

205

companies in our directory from Espana

2,230

registered companies in the sector

countries with active companies

Example companies in the sector:

Rodamientos EspecialesMAQUINARIAMoldes Alicante 3MSJ TechnologyViclinapack, S.L.

Browse verified companies