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: Latvia → Paraguay

Trade Opportunity

Export Textiles from Latvia to Paraguay 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.

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

🔗 Related Opportunities

eslovaquia-eslovenia uruguay-estonia bulgaria-letonia uruguay-dinamarca hungria-alemania

📌 Why This Matters

Businesses can now access preferential treatment for their products.

💰 Cost Savings: Average tariff reduction of 35% on industrial goods.

🔗 Related Opportunities

austria-francia eslovenia-austria paises-bajos-brasil rumania-argentina letonia-paises-bajos

🚀 EU-Mercosur Agreement 2026

780M consumers · 91% tariffs eliminated

🌍 EuroMercosur 🏭 MaquinariaB2B 📦 Atrapalotes 🏠 SubastasClaras

📊 Trade Analysis: Textiles — Latvia / Paraguay

12% → 0%

Tariff reduction

$6431M

Est. trade volume

+6%

Growth 2026-28

The Textiles trade route between Latvia and Paraguay 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

Netherlands → Slovenia Italy → Greece Croatia → Belgium Czech Republic → Paraguay Czech Republic → Belgium

📦 Other products: Latvia → Paraguay

Wool Lemons Rice Paper Seafood

📋 Required Documentation

To export Textiles from Latvia to Paraguay, 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 Latvia

2,024

registered companies in the sector

countries with active companies

Example companies in the sector:

Rīga Prints SIARīga Prints SIA

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