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: Uruguay → Latvia

Trade Opportunity

Export Pharmaceuticals from Uruguay to Latvia 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

The EU-Mercosur agreement represents the largest trade deal ever negotiated by the European Union.

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

🔗 Related Opportunities

suecia-alemania bulgaria-lituania paises-bajos-republica-checa suecia-chipre chipre-letonia

📌 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

republica-checa-bulgaria belgica-austria suecia-estonia finlandia-eslovaquia portugal-argentina

🚀 EU-Mercosur Agreement 2026

780M consumers · 91% tariffs eliminated

🌍 EuroMercosur 🏭 MaquinariaB2B 📦 Atrapalotes 🏠 SubastasClaras

📊 Trade Analysis: Pharmaceuticals — Uruguay / Latvia

4% → 0%

Tariff reduction

$5019M

Est. trade volume

+24%

Growth 2026-28

The Pharmaceuticals trade route between Uruguay and Latvia 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

Italy → Slovakia Portugal → Hungary Brazil → Denmark France → Paraguay Lithuania → Netherlands

📦 Other products: Uruguay → Latvia

Machinery Petroleo Gemstones Beer Productos Lacteos

📋 Required Documentation

To export Pharmaceuticals from Uruguay to Latvia, 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 Uruguay

companies in our directory from Latvia

2,903

registered companies in the sector

countries with active companies

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