The four Mercosur countries account for just 1.3% of Portuguese exports, and Brazil represents 95% of that. For business leaders, it means there is plenty of ground to conquer in a market of almost 300 million.
Mercosur remains largely unexplored and Portuguese industry sees 'an extraordinary opportunity'
Saturday, 17 January 2026RSS
Context & Explainers
Mercosur is the South American trade bloc (Southern Common Market) whose main founding members are Argentina, Brazil, Paraguay and Uruguay. An EU–Mercosur trade agreement — which the story says may be approved and signed soon — would reduce tariffs and open markets on both sides, affecting agricultural and industrial trade flows and therefore prices and business opportunities relevant to residents and companies in Portugal.
