Factsheet: EU-Mercosur Partnership Agreement - Opening a wealth of opportunities for people in France

The EU-Mercosur Partnership Agreement means that:

• French firms and small businesses will find it much easier to do business in Mercosur countries
• French companies can offer services more easily and more cheaply
• French producers (of industrial and food products) and farmers can export more
• French delicacies will sell more and at premium prices

Trade is important for France’s economy

• 4 million French jobs are supported by French and EU exports to the world*
• That is 1 out of 7 jobs

France and Mercosur have a close trade relationship

• Total trade between France and Mercosur: €16 billion**

Lower to zero tariffs, more and cheaper exports

The agreement will eliminate tariffs on 91% of all products, benefitting virtually all French exports.

*Includes French jobs supported by exports to countries outside the EU and jobs linked to exports from other EU countries to the world.

**Trade in goods (2024) and services (2023).

New opportunities for French farmers

Currently, agri-food products, a sector where France is very competitive, represent only 5% of the EU’s total exports to Mercosur, due to the prohibitive tariffs and other restrictions currently in place in Mercosur countries.

As of now, Mercosur tariffs of up to 55% on EU agri-food products essentially close the market for EU products.

The EU-Mercosur deal will remove these tariffs, helping French farmers increase their exports to this region.  

French agri-food exports to Mercosur in numbers:

Protecting distinctive French food and drink products

The EU-Mercosur deal will protect 344 EU food and drink products from imitation in Mercosur countries. Such protection helps make these products more distinct. This will help sell more French products and at more premium prices, as the selling price of products protected by a Geographical Indication is between 2 and 3 times higher than that of regular products.

The EU-Mercosur Agreement will protect 63 French Geographical Indications (GIs):

• Beurre Charentes-Poitou; Beurre des Charentes; Beurre des Deux-Sèvres (Butter)
• Bleu d’Auvergne (Cheese)
• Bœuf de Charolles (Meat products)
• Brie de Meaux (Cheese)
• Brillat-Savarin (Cheese)
• Camembert de Normandie (Cheese)
• Canard à foie gras du Sud-Ouest (Chalosse, Gascogne, Gers, Landes, Périgord, Quercy) (Meat products)
• Cantal ; fourme de Cantal ; cantalet (Cheese)
• Chaource (Cheese)
• Comté (Cheese)
• Emmental de Savoie (Cheese)
• Époisses (Cheese)
• Génisse Fleur d’Aubrac (Meat products)
• Gruyère (Cheese)
• Huile essentielle de lavande de Haute-Provence / Essence de lavande de Haute-Provence (Essential oils)
• Huîtres Marennes Oléron (Fish products)
• Jambon de Bayonne (Meat products)
• Livarot (Cheese)
• Pont-l’Évêque (Cheese)
• Pruneaux d’Agen (Fruits)
• Reblochon / Reblochon de Savoie (Cheese)
• Riz de Camargue (Rice)
• Roquefort (Cheese)
• Sainte-Maure de Touraine (Cheese)
• Saint-Marcellin (Cheese)
• Selles-sur-Cher (Cheese)
• Soumaintrain (Cheese)
• Alsace / Vin d’Alsace (Wine)
• Anjou (Wine)
• Beaujolais (Wine)
• Bordeaux (Wine)
• Bourgogne (Wine)
• Cahors (Wine)
• Chablis (Wine)
• Champagne (Wine)
• Châteauneuf-du-Pape (Wine)
• Côtes de Provence (Wine)
• Côtes du Rhône (Wine)
• Côtes du Roussillon (Wine)
• Fronton (Wine)
• Graves (Wine)
• Irouléguy (Wine)
• Languedoc (Wine)
• Madiran (Wine)
• Margaux (Wine)
• Médoc (Wine)
• Pauillac (Wine)
• Pays d’Oc (Wine)
• Pessac-Léognan (Wine)
• Pomerol (Wine)
• Pommard (Wine)
• Romanée-Conti (Wine)
• Saint-Emilion (Wine)
• Saint-Estèphe (Wine)
• Saint-Julien (Wine)
• Sauternes (Wine)
• Touraine (Wine)
• Val de Loire (Wine)
• Armagnac (Spirit Drinks)
• Calvados (Spirit Drinks)
• Cognac (Spirit Drinks)
• Rhum de Guadeloupe (Spirit Drinks)
• Rhum de la Martinique (Spirit Drinks)

Supporting French farmers in case of market disturbances

Important measures will be in place to protect the interests of French farmers.

A maximum limit (quota) will be put on the amount of agri-food products imported from Mercosur that benefit from lower tariffs:

• 99,000 tonnes for beef: this corresponds to 1.5% of the EU’s total production;
• 25,000 tonnes of pigmeat: 0.1% of total EU production, and;
• 180,000 tonnes for poultry: 1.3% of total EU production per year.

The deal includes a safeguard clause to protect EU farmers against any sudden increase in imports. 

This is the first time that such a measure has been included in an EU trade agreement, even for products already subject to a quota. 

In addition, the Commission stands ready to promptly and strongly assist farmers in the unlikely event of significant market disturbance linked to the agreement.  

High EU standards protecting EU citizens will in no way be compromised: all Mercosur products must comply with the EU’s strict food safety regulations. 

Strong sustainability commitments apply equally to producers on both sides.

Easier and cheaper ways to provide services in Mercosur

France and the Mercosur countries export many services to each other.

French exports of services to Mercosur are worth €4.6 billion a year. 

In 2023, the main exports of services consisted of: 

• Business: €1.3 billion
• Tourism: €1.2 billion
• Transport: €865 million

The EU-Mercosur agreement will further open the Mercosur services market in sectors such as:

• Financial
• Postal & courier
• Telecommunication
• Transport
• Digital trade
• Environmental

Helping France’s small businesses export more to Mercosur

96% of all French exporters are small companies. These companies often find it difficult to export outside the EU, as it comes with extra costs and administrative procedures.

The EU-Mercosur deal will change all that, and open great opportunities for small businesses. It will:

• Reduce costs by eliminating tariffs and simplifying customs procedures
• Alleviate the administrative burden by making it easier to certify products for local sale
• Offer a better chance to bid for public contracts by improving access to information
• Provide extra help through dedicated Small Business Coordinators
• Open new possibilities through easily accessible online information about doing business in Mercosur countries