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 Seafood: Latvia → Hungary

Trade Opportunity

Export Seafood 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

Small and medium enterprises stand to gain significantly from reduced barriers.

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

🔗 Related Opportunities

brasil-lituania chipre-lituania chipre-estonia portugal-rumania argentina-rumania

📌 Why This Matters

With 780 million consumers, this market offers unprecedented opportunities.

🚢 Logistics: Major shipping routes connect European and South American ports in 14-21 days.

🔗 Related Opportunities

letonia-uruguay letonia-rumania francia-paises-bajos alemania-polonia malta-finlandia

🚀 EU-Mercosur Agreement 2026

780M consumers · 91% tariffs eliminated

🌍 EuroMercosur 🏭 MaquinariaB2B 📦 Atrapalotes 🏠 SubastasClaras

📊 Trade Analysis: Seafood — Latvia / Hungary

15% → 0%

Tariff reduction

$3902M

Est. trade volume

+27%

Growth 2026-28

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

🔗 Other routes for Seafood

Denmark → Slovenia Uruguay → Malta Slovenia → Ireland Romania → Hungary Slovenia → Netherlands

📦 Other products: Latvia → Hungary

Mineral Water Bananas Copper Ceramica Natural Gas

📋 Required Documentation

To export Seafood 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

companies in our directory from Hungria

1,601

registered companies in the sector

countries with active companies

Example companies in the sector:

ANTARES LATGALE SIAANTARES LATGALE SIAGANDRS SIA

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