Overview MERCOSUR (Southern Common Market) is a Trade Bloc composed by Brazil, Argentina, Uruguay, and Paraguay. In 2022, MERCOSUR exported $450B (1.9% of global exports) and imported $376B (1.59% of global imports). Its largest exporter, Brazil exported $341B, which corresponds to 75.7% of the total exports. On the other hand, the largest importer, Brazil, imported $270B, which is 71.7% of the total imports of Southern Common Market.
Trade In 2022, MERCOSUR's most exported products were Soya beans ($52.5B), Petroleum oils, oils from bituminous minerals, crude ($46.4B), Iron ore, concentrate, not iron pyrites,unagglomerate ($26.8B), Soya-bean oil-cake and other solid residues ($23B), and Maize except seed corn ($22.6B). The same year, the most imported products were Oils petroleum, bituminous, distillates, except crude ($31.9B), Petroleum oils, oils from bituminous minerals, crude ($10.7B), Potassium chloride, in packs >10 kg ($7.65B), Transmit-receive apparatus for radio, TV, etc. ($6.74B), and Monolithic integrated circuits, digital ($5.37B).
Partners In 2022, MERCOSUR's exports went primarly to China ($101B), United States ($44.7B), Argentina ($18.3B), Brazil ($18.3B), and Netherlands ($15.9B). The same year, MERCOSUR's imported primarily from China ($87.3B), United States ($64.4B), Brazil ($22.1B), Germany ($16.8B), and Argentina ($15.5B).