The foreign trade balance between the 27 European Union countries and Mercosur's full members (Argentina, Brazil, Paraguay and Uruguay) has been in favor of the EU since 2012. Inter-regional trade between these two blocs went from Mercosur having a trade surplus of almost six billion euros in 2011 to a foreign trade balance in favor of the EU of over eight billion euros in 2013. Ever since, the EU's trade flow balance with Mercosur has been positive, amounting to nearly 1.1 billion euros in 2021.
Foreign trade balance between the European Union and Mercosur from 2010 to 2021
(in billion euros)
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European Commission. (May 10, 2022). Foreign trade balance between the European Union and Mercosur from 2010 to 2021 (in billion euros) [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1023648/foreign-trade-balance-european-union-mercosur/
European Commission. "Foreign trade balance between the European Union and Mercosur from 2010 to 2021 (in billion euros)." Chart. May 10, 2022. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1023648/foreign-trade-balance-european-union-mercosur/
European Commission. (2022). Foreign trade balance between the European Union and Mercosur from 2010 to 2021 (in billion euros). Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1023648/foreign-trade-balance-european-union-mercosur/
European Commission. "Foreign Trade Balance between The European Union and Mercosur from 2010 to 2021 (in Billion Euros)." Statista, Statista Inc., 10 May 2022, https://www.statista.com/statistics/1023648/foreign-trade-balance-european-union-mercosur/
European Commission, Foreign trade balance between the European Union and Mercosur from 2010 to 2021 (in billion euros) Statista, https://www.statista.com/statistics/1023648/foreign-trade-balance-european-union-mercosur/ (last visited July 03, 2024)
Foreign trade balance between the European Union and Mercosur from 2010 to 2021 (in billion euros) [Graph], European Commission, May 10, 2022. [Online]. Available: https://www.statista.com/statistics/1023648/foreign-trade-balance-european-union-mercosur/