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 → Cyprus

Trade Opportunity

Export Pharmaceuticals from Latvia to Cyprus 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

Tariff savings of up to 4 billion euros annually benefit exporters.

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

🔗 Related Opportunities

grecia-hungria hungria-alemania paraguay-estonia portugal-brasil hungria-uruguay

📌 Why This Matters

Businesses can now access preferential treatment for their products.

🌍 Market Access: Direct access to 780 million consumers across 31 countries.

🔗 Related Opportunities

malta-bulgaria bulgaria-lituania lituania-suecia bulgaria-eslovaquia irlanda-italia

🚀 EU-Mercosur Agreement 2026

780M consumers · 91% tariffs eliminated

🌍 EuroMercosur 🏭 MaquinariaB2B 📦 Atrapalotes 🏠 SubastasClaras

📊 Trade Analysis: Pharmaceuticals — Latvia / Cyprus

4% → 0%

Tariff reduction

$8076M

Est. trade volume

+11%

Growth 2026-28

The Pharmaceuticals trade route between Latvia and Cyprus 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

Slovenia → Austria Bulgaria → Slovenia Austria → Netherlands Malta → Latvia France → Luxembourg

📦 Other products: Latvia → Cyprus

Biotecnologia Aceite Oliva Neumaticos Footwear Natural Gas

📋 Required Documentation

To export Pharmaceuticals from Latvia to Cyprus, 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

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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