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 → Uruguay

Trade Opportunity

Export Pharmaceuticals from Latvia to Uruguay 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.

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

🔗 Related Opportunities

argentina-eslovaquia francia-republica-checa republica-checa-eslovaquia luxemburgo-portugal eslovaquia-lituania

📌 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

luxemburgo-finlandia suecia-chipre paraguay-suecia letonia-bulgaria luxemburgo-letonia

🚀 EU-Mercosur Agreement 2026

780M consumers · 91% tariffs eliminated

🌍 EuroMercosur 🏭 MaquinariaB2B 📦 Atrapalotes 🏠 SubastasClaras

📊 Trade Analysis: Pharmaceuticals — Latvia / Uruguay

4% → 0%

Tariff reduction

$1066M

Est. trade volume

+11%

Growth 2026-28

The Pharmaceuticals trade route between Latvia and Uruguay 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

Czech Republic → Poland Cyprus → Netherlands Brazil → Latvia Cyprus → Latvia Portugal → Uruguay

📦 Other products: Latvia → Uruguay

Algodon Footwear Instrumentos Medicos Maquinaria Agricola Wheat

📋 Required Documentation

To export Pharmaceuticals from Latvia to Uruguay, 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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