The Danish Embassy in Brazil and Danish company Marine Service International (MSI) have announced the completion of the first shipment from Denmark to Mercosur benefiting from the tariff provisions of the EU-Mercosur Interim Trade Agreement, which began provisional application on May 1, 2026.

The agreement is expected to affect more than 10,000 tariff lines over a period of up to 15 years, gradually reducing or eliminating tariffs on a wide range of European exports to Argentina, Brazil, Paraguay and Uruguay.

On the first day of provisional application, tariffs on 367 products were eliminated. These products include live animals, fish, fruit, cereals, oilseeds, vegetable oils, selected organic chemicals and textiles.

In addition, 708 products that already had zero tariffs were locked in under the agreement, meaning their tariff-free treatment cannot be unilaterally reversed in the future. This provides greater predictability for companies engaged in EU-Mercosur trade.

Other products covered by the agreement, ranging from vehicles and industrial machinery to raw materials, will see tariffs gradually reduced to zero according to different schedules, with implementation periods extending from 2030 to 2041.

According to Hans Henrik Danevig, owner of Danevig, a consultancy specializing in transatlantic trade, companies should carefully assess the agreement before making export and market-entry decisions.

“The EU–Mercosur agreement represents much more than a general reduction in trade barriers. For individual exporters, the commercial impact will depend on the specific product, its HS/NCM classification, existing tariff levels and the timetable for tariff reductions,” Danevig said.

The scale of the tariff changes creates opportunities for European exporters seeking to strengthen their position in the Mercosur market. According to MSI, its first shipment to Mercosur benefited from tariff reductions of up to 8%, highlighting the potential commercial advantage created by the agreement.

However, Danevig stressed that companies need detailed product-level analysis to understand the actual impact on their businesses. The agreement could therefore create an important window of opportunity for companies that act early.

“The agreement itself is only the starting point. The real value for exporters comes from translating it into product-level intelligence: when does my tariff fall, how does that change my competitive position, and where should I act first? Companies that answer those questions early will be in a much stronger position to benefit from the EU-Mercosur agreement,” Danevig added.

About Danevig

Danevig is a European trade intelligence platform focused on market entry, landed-cost intelligence and partner screening for companies trading between the European Union, the United States and Latin America.

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