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Market
Largest Percentage Increase in Exports to EU by Mercosur Country in 2025?
2
Resolution / Starting Odds
Brazil • 25%
Argentina • 25%
Uruguay • 25%
Paraguay • 25%
Export data from official trade statistics published by Mercosur and EU
Story
Mercosur and EU Sign Historic Deal Creating World's Largest Free Trade Zone
Dec 6, 2024, 01:14 PM
On December 6, 2024, Mercosur and the European Union officially announced the conclusion of a historic free trade agreement during the 65th Mercosur Summit in Montevideo, Uruguay. After 25 years of negotiations, the agreement will establish the largest free trade zone in the world, encompassing member countries of both blocs. Uruguayan Chancellor Omar Paganini noted that the Mercosur countries had reached a consensus with the European Union to finalize the deal. The European Commission also confirmed the agreement, marking a significant milestone in international trade relations between the two regions.
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Uruguay • 25%
Argentina • 25%
Paraguay • 25%
Brazil • 25%
France • 25%
Argentina • 25%
Germany • 25%
Brazil • 25%
Brazil • 25%
Argentina • 25%
Paraguay • 25%
Uruguay • 25%
Increase by 5-10% • 25%
Increase by less than 5% • 25%
No increase or decrease • 25%
Increase by more than 10% • 25%
Other • 25%
Sweden • 25%
Spain • 25%
Germany • 25%
Services • 25%
Automotive • 25%
Manufacturing • 25%
Agriculture • 25%
Paraguay • 25%
Uruguay • 25%
Brazil • 25%
Argentina • 25%
Automotive • 25%
Agriculture • 25%
Other • 25%
Pharmaceuticals • 25%
Increase in EU exports • 25%
No significant change • 25%
Balanced trade growth • 25%
Increase in Mercosur exports • 25%
Brazil • 25%
Argentina • 25%
Uruguay • 25%
Paraguay • 25%
Qatar • 25%
Norway • 25%
United States • 25%
Other • 25%
France • 25%
Spain • 25%
Other • 25%
Germany • 25%