Mercosur-EU trade deal boosts Brazilian exports by 30.7%

Acting minister of Development, Industry, Trade and Services Márcio Elias Rosa said Tuesday (13) that the trade agreement between Mercosur and the European Union has already led to a 30.7% increase in Brazilian exports to the European bloc since May, when the agreement entered into force. The comparison covers the period from May to September this year against the same period last year. From January through September, exports totaled $44.17 billion, up 20% from the same period in 2025.

Foreign Minister Mauro Vieira, meanwhile, stressed that bilateral trade between Mercosur and EU countries has grown by more than $6 billion since the agreement was approved and entered into force.

The figures were released at an event hosted by the Ministry of Agriculture to announce that 700 new markets had been opened to Brazilian agricultural and livestock products since the beginning of 2023.

Rosa also highlighted that Brazil is posting record trade volumes with virtually all destinations this year, with growth extending beyond agribusiness. According to him, Brazilian foreign trade as a whole has expanded by an average of 10.5%.

The minister said the results had been achieved despite a challenging international environment marked by geopolitical tensions and an increase in tariff and nontariff barriers.

Addressing relations with the U.S., he described the current moment as “delicate” but said the government would continue to pursue dialogue and negotiations.

Rosa also said the opening of 700 new markets since 2023 reflects the strength of the private sector, Brazilian companies’ investment capacity and ability to expand—particularly in agribusiness—and a state policy focused on economic development, supported by coordinated action among government ministries.

Rosa further said that, before the current Lula administration, Brazil had pursued a foreign policy of “segregation” and “isolation,” based, in his view, on the mistaken belief that isolation would strengthen the country. The minister argued that Brazilian industry “paid a high price” for that policy.

Source: Valor International

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