Business · Tracker

EU–Mercosur tariff tracker

The tariff clock started on 1 May 2026. Follow how far Brazilian footwear has travelled on its road to zero duty into Europe, where the deal stands, and the numbers behind it.

Mercosur leaders and Ursula von der Leyen in Montevideo, December 2024
Photo: Dati Bendo / European Commission (CC BY 4.0), Montevideo, 5 December 2024

The tariff clock

Running since 1 May 2026

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Days

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Hours

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Min

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Sec

Until footwear duties reach zero (~May 2036)

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Days

—

Hours

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Min

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Sec

0.00% of the ten-year phase-down completed

Road to zero

Highest EU duty on Mercosur footwear (17%), falling to zero over roughly a decade. Shown as an even yearly path for illustration — the exact annual cuts per product follow the agreement's official tariff schedule.

17%2026
15.3%2027
13.6%2028
11.9%2029
10.2%2030
8.5%2031
6.8%2032
5.1%2033
3.4%2034
1.7%2035
0%2036

Where the deal stands

The clocks, progress bar and chart on this page update automatically. This status list is checked and updated by hand — last checked 24 September 2026.

  1. Agreement in principle
    December 2024
  2. EU Council authorises signature
    9 January 2026
  3. Trade part applies provisionally
    1 May 2026
  4. European Parliament consent
    Waiting
  5. Ratification by all 27 EU member states
    Waiting

Key trade figures

3.5–17%

Current EU duties on Mercosur footwear, phasing to zero over roughly a decade

Source: EU–Mercosur agreement / Abicalçados

17.4m

Pairs of Brazilian shoes exported to Europe, 2025

Source: Abicalçados

40%

Europe's share of world shoe imports

Source: Abicalçados

60%

Regional content required on lower-value shoes to qualify

Source: EU–Mercosur rules of origin

700m

Consumers in the combined EU–Mercosur market

Source: Council of the EU

US$363.4m

Brazilian beauty exports, 2025 (Beautycare Brazil)

Source: ABIHPEC

Read the fine print: what the deal means for Brazilian fashion