WITH THE MERCOSUR-EU AGREEMENT, BRAZIL CAN EXPAND EXPORTS TO THE EU BY 543 PRODUCTS, SAYS APEX.

Brazil could expand exports to the European Union in 543 products under the Mercosur–EU agreement, according to ApexBrasil. These products represent US$43.9 billion in annual EU imports, while Brazil currently supplies only US$1.1 billion. Of them, 244 products offer opportunities for new market entry, where Brazil is globally competitive but holds little EU share. Key opportunities include machinery and transport equipment, manufactured goods (leather, wood packaging, stone products), chemicals, footwear accessories, jewelry, and food products. The agreement’s immediate tariff reductions also open space for higher exports of soy products, oils, and chemicals. In agriculture, the deal combines tariff elimination, gradual reductions, and quotas, benefiting sectors such as beef, poultry, pork, sugar, ethanol, fruits, cheeses, honey, and cachaça, especially in Western Europe.
Source: Nova Cana