Explainers

The EU is Brazil's second-biggest trading partner after China, accounting for over 15% of its total trade. Brazil is the EU's tenth-biggest trading partner.

Two agreements frame EU-Mercosur relations within a modernised and comprehensive partnership, covering political dialogue and trade cooperation. The EU has also introduced specific rules to protect its farming sector.

The trade relationship connects over 700 million people across Europe and South America. The EU is currently working on adopting the EU-Mercosur trade agreement.

Find out how much oil the EU is importing, which countries are the EU's main trading partners and which sectors use the most oil in the EU.

The EU customs union creates a single tariff area for all goods imported from outside the EU, allowing the goods to move freely between member states without customs.

The EU and Australia have a longstanding cooperation and are top trading partners.

The single market ensures the free movement of goods, services, capital and people.  
It facilitates everyday life, stimulates growth and boosts innovation.

The EU is committed to an open, fair and rules-based multilateral trading system with a modernised WTO at its core.

The EU-Africa partnership focuses on solidarity, security, peace and sustainable and sustained economic development and prosperity.

The EU has in place a number of measures to ensure a fair and equitable trade with third countries.