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 → Spain

Trade Opportunity

Export Pharmaceuticals from Latvia to Spain 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

Supply chain optimization becomes easier with harmonized regulations.

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

🔗 Related Opportunities

brasil-eslovenia dinamarca-republica-checa austria-malta belgica-portugal bulgaria-paises-bajos

📌 Why This Matters

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

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

🔗 Related Opportunities

hungria-portugal dinamarca-lituania alemania-argentina portugal-malta suecia-portugal

🚀 EU-Mercosur Agreement 2026

780M consumers · 91% tariffs eliminated

🌍 EuroMercosur 🏭 MaquinariaB2B 📦 Atrapalotes 🏠 SubastasClaras

📊 Trade Analysis: Pharmaceuticals — Latvia / Spain

4% → 0%

Tariff reduction

$4684M

Est. trade volume

+29%

Growth 2026-28

The Pharmaceuticals trade route between Latvia and Spain 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

Portugal → France Romania → Bulgaria Uruguay → Brazil Greece → Portugal Belgium → Bulgaria

📦 Other products: Latvia → Spain

Meat Poultry Tropical Fruits Gold Wheat

📋 Required Documentation

To export Pharmaceuticals from Latvia to Spain, 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

132

companies in our directory from Espana

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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