Economy

Mercosur-EU agreement raises Brazilian exports by 21%

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 31/10/2026, 14:24:24 UTC.

Briefings

Brazilian exports to the European Union increased by 21% between May and September 2026 compared to the same period in 2025. Key agricultural products including fresh apples, mel, and corn oil saw significant growth, with mel exports rising 367%. New data from the Ministry of Development, Industry, Commerce, and Services (MDIC) confirms these figures, though specific regional breakdowns remain unreported.

Key points

• Exports to the EU grew 21% from May to September 2026 compared to 2025, driven by reduced tariffs.
• Fresh apples and mel exports surged 29% and 367% respectively during the same period.

Context

The Mercosul-EU agreement entered into force on May 1, 2026, with provisional application starting May 1, 2026. Negotiations began in 1999, and the agreement connects markets with combined GDP exceeding US$22 trillion. MDIC released the data on October 29, 2026, highlighting improved competitiveness for Brazilian products.

Limitations

Data covers only May to September 2026, with no regional breakdowns provided. Specific product categories beyond agriculture and electricity equipment are not fully detailed, and long-term trends remain unmeasured.

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