Brazil's exports to the EU rose 30.7% from May to September

Brazilian exports to the EU rose 30.7% from May to September 2026 compared with the same months a year earlier.

The Mercosur-EU agreement began provisional application on May 1, after nearly 27 years of negotiations.

That increase does not prove the deal caused all the growth, because commodity prices, exchange rates and harvests can also affect exports.

Brazil's sales to the EU remain heavily weighted toward basic goods, including oil, coffee, soy products and copper ore.

In 2025, basic products made up 87% of Brazil's top exports to the bloc, while Brazil ran a $39.3 billion deficit in trade in manufactured goods with the EU.

Early figures point to growth in some industrial exports, but there is not yet a long enough record to show whether trade is diversifying.

Projections suggest the agreement could add about $7 billion to exports to the bloc, but the longer-term test is whether Brazil sells more higher-value products.