Canada-Mercosur Free Trade Agreement
The South American Common Market (Mercosur) is a trading bloc and customs union consisting of Argentina, Bolivia, Brazil, Paraguay and Uruguay. The Mercosur bloc (minus Bolivia) represents a GDP of approximately $4.0 trillion and a population of 270 million. In 2025, Canada’s merchandise trade with Mercosur totalled $19.4 billion, with Canada’s exports valued at $5.1 billion and imports valued at $14.3 billion.
Canada and Mercosur initially launched free trade agreement (FTA) negotiations in March 2018. Following a hiatus due to the pandemic, negotiations were re-launched in October 2025 with a view to concluding a commercially meaningful agreement for Canadian businesses and investors.
Services and information
Doing business with Mercosur
Information and resources for Canadian businesses interested in trade and investment with Mercosur
Trade events
Register or access information on Canada’s trade missions and other international trade events for Canadian businesses
About Canada-Mercosur FTA
Canada-Mercosur bilateral relations and Free Trade Agreement explained
Investing in Canada
Discover the benefits that make Canada so attractive to investors from Mercosur
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