Mercosur Trade Has Grown, Albeit Unevenly

Full Mercosur members’ trade in goods (current U.S. dollars)

An area chart showing trade within Mercosur and with the rest of the world, showing uneven growth over the past twenty years

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Note: The full Mercosur members are Argentina, Bolivia, Brazil, Paraguay, and Uruguay. Bolivia is not included, as it became a full member in 2023. Venezuela is not included, as it was suspended from the bloc in 2016.

Source: UN Comtrade Database.