Brazilian Exports Surge 21% After Mercosur-EU Trade Agreement

A trade agreement between Mercosur and the European Union has led to a significant increase in Brazilian exports. From May to September, exports of products benefiting from reduced or eliminated import tariffs to the European market rose by 21% compared to the same period in 2025. The Ministry of Development, Industry, Trade, and Services released the data, highlighting the competitiveness of Brazilian products in the European market. Various segments of Brazilian industry saw growth in sales, including agricultural products and electrical equipment. Notable increases were recorded in the export of fresh avocados, honey, corn oil, and ferrosilicon-manganese. The electrical equipment sector also saw significant growth, with Brazilian exports of electrical transformers reaching $39 million from May to September. The agreement, which began negotiations in 1999, provides for the gradual reduction or elimination of import tariffs and establishes rules to facilitate trade relations among participating countries.