Business · Trade · 3 hrs ago

Mercosur-EFTA trade deal takes effect between Brazil and Norway

Mercosur-EFTA trade deal takes effect between Brazil and Norway

The Mercosur-EFTA free-trade deal took effect between Brazil and Norway on November 1, 2026.

EFTA also includes Switzerland, Iceland and Liechtenstein, and the agreement applies between countries as they complete their domestic procedures.

Brazil’s development ministry says 99.8% of the value of Brazilian exports to Norway will have access to free-trade terms, subject to conditions for each product.

Benefits include lower import duties for clothing, textiles, processed foods, vegetable oils and animal feed, while an industry group identified about 300 export opportunities.

Lower tariffs do not remove other barriers: businesses may still need to meet rules on product origin, technical standards and certification, which can add costs for smaller firms.

The deal could help Brazil diversify exports and sell more value-added goods in Norway, but companies will need to adapt products and build lasting business relationships to find buyers.

Its success will depend on whether Brazilian companies, especially small and medium-sized firms, can make practical use of the new terms.

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What people are saying

Daniel ToledoLawyer specializing in international law
Eliminating tariffs does not mean eliminating all the difficulties of exporting
via Exame
The trade agreement opens the market, but it does not guarantee buyers
via Exame
Fabrício Bertini Pasquot PolidoInternational law specialist and partner at L.O. Baptista Advogados
For SMEs, the cost of information and compliance can be as relevant as the tariff itself
via Exame
The most interesting aspect of the Mercosur-EFTA Agreement is its capacity to encourage a qualitative change in the export mix
via Exame