In 2023, the total value of trade between the European Union and Mercosur amounted to around 109.5 billion euros. In the period presented, imports and exports between the 27 EU countries and Mercosur's four full members (Argentina, Brazil, Paraguay and Uruguay) reached its highest value in 2022, year in which the inter-regional trade surpassed the one hundred billion euros mark. Since then, these blocs' foreign trade balance has been in favor of the EU.
Total value of trade between the European Union and Mercosur from 2010 to 2023
(in billion euros)
Mercosur is a sub-regional integration bloc formed by Argentina, Brazil, Paraguay, Uruguay and Venezuela. Here you can find more information on Mercosur member countries.
Figures have been rounded.
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European Commission. (May 16, 2024). Total value of trade between the European Union and Mercosur from 2010 to 2023 (in billion euros) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1023672/total-trade-value-european-union-mercosur/
European Commission. "Total value of trade between the European Union and Mercosur from 2010 to 2023 (in billion euros)." Chart. May 16, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1023672/total-trade-value-european-union-mercosur/
European Commission. (2024). Total value of trade between the European Union and Mercosur from 2010 to 2023 (in billion euros). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1023672/total-trade-value-european-union-mercosur/
European Commission. "Total Value of Trade between The European Union and Mercosur from 2010 to 2023 (in Billion Euros)." Statista, Statista Inc., 16 May 2024, https://www.statista.com/statistics/1023672/total-trade-value-european-union-mercosur/
European Commission, Total value of trade between the European Union and Mercosur from 2010 to 2023 (in billion euros) Statista, https://www.statista.com/statistics/1023672/total-trade-value-european-union-mercosur/ (last visited November 21, 2024)
Total value of trade between the European Union and Mercosur from 2010 to 2023 (in billion euros) [Graph], European Commission, May 16, 2024. [Online]. Available: https://www.statista.com/statistics/1023672/total-trade-value-european-union-mercosur/
