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 Pharmaceuticals: Latvia → Austria

Trade Opportunity

Export Pharmaceuticals from Latvia to Austria 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

Investment opportunities have expanded dramatically since January 2026.

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

🔗 Related Opportunities

rumania-chipre eslovenia-dinamarca portugal-eslovaquia malta-alemania uruguay-luxemburgo

📌 Why This Matters

This trade corridor connects two of the world's most dynamic economic regions.

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

🔗 Related Opportunities

letonia-brasil croacia-eslovaquia dinamarca-eslovaquia eslovaquia-portugal paises-bajos-dinamarca

🚀 EU-Mercosur Agreement 2026

780M consumers · 91% tariffs eliminated

🌍 EuroMercosur 🏭 MaquinariaB2B 📦 Atrapalotes 🏠 SubastasClaras

📊 Trade Analysis: Pharmaceuticals — Latvia / Austria

4% → 0%

Tariff reduction

$4844M

Est. trade volume

+9%

Growth 2026-28

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

🔗 Other routes for Pharmaceuticals

Uruguay → Belgium Greece → Denmark Denmark → Argentina Greece → Germany Belgium → Slovenia

📦 Other products: Latvia → Austria

Biotecnologia Honey Poultry Motors Vehiculos

📋 Required Documentation

To export Pharmaceuticals from Latvia to Austria, 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

companies in our directory from Latvia

155

companies in our directory from Austria

2,903

registered companies in the sector

countries with active companies

Example companies in the sector:

RIGAS FARMACEITISKA FABRIKARIGAS FARMACEITISKA FABRIKA

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