In 2021, the total value of trade between the European Union and Mercosur amounted to around 88 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 2012, 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 2021
(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. (August 2, 2022). Total value of trade between the European Union and Mercosur from 2010 to 2021 (in billion euros) [Graph]. In Statista. Retrieved June 18, 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 2021 (in billion euros)." Chart. August 2, 2022. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/1023672/total-trade-value-european-union-mercosur/
European Commission. (2022). Total value of trade between the European Union and Mercosur from 2010 to 2021 (in billion euros). Statista. Statista Inc.. Accessed: June 18, 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 2021 (in Billion Euros)." Statista, Statista Inc., 2 Aug 2022, 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 2021 (in billion euros) Statista, https://www.statista.com/statistics/1023672/total-trade-value-european-union-mercosur/ (last visited June 18, 2024)
Total value of trade between the European Union and Mercosur from 2010 to 2021 (in billion euros) [Graph], European Commission, August 2, 2022. [Online]. Available: https://www.statista.com/statistics/1023672/total-trade-value-european-union-mercosur/