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 Textiles: Hungary → Latvia

Trade Opportunity

Export Textiles from Hungary 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.

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

🔗 Related Opportunities

croacia-chipre hungria-lituania chipre-francia suecia-alemania malta-francia

📌 Why This Matters

With 780 million consumers, this market offers unprecedented opportunities.

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

🔗 Related Opportunities

chipre-hungria bulgaria-estonia chipre-alemania polonia-grecia brasil-finlandia

🚀 EU-Mercosur Agreement 2026

780M consumers · 91% tariffs eliminated

🌍 EuroMercosur 🏭 MaquinariaB2B 📦 Atrapalotes 🏠 SubastasClaras

📊 Trade Analysis: Textiles — Hungary / Latvia

12% → 0%

Tariff reduction

$1943M

Est. trade volume

+28%

Growth 2026-28

The Textiles trade route between Hungary 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 Textiles sector between these markets shows remarkable growth potential for 2026-2028 thanks to the progressive elimination of trade barriers.

🔗 Other routes for Textiles

Greece → Italy Latvia → Finland Greece → Austria Poland → Portugal Estonia → Cyprus

📦 Other products: Hungary → Latvia

Steel Wool Gold Maiz Natural Gas

📋 Required Documentation

To export Textiles from Hungary 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.

✅ Free Registration 📂 Directory 📊 Calculate tariffs

📊 Sector Companies on EuroMercosur

Real data from our B2B directory

companies in our directory from Hungria

companies in our directory from Latvia

2,024

registered companies in the sector

countries with active companies

Example companies in the sector:

Sewitex Kft.FANDARO THERMAL INSULATED PACKAGINGPAM PRESS TEXTILIPARI TERMEK GYARTO, ES KFTSewitex Kft.FANDARO THERMAL INSULATED PACKAGING

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