EU Trade Agreements with Latin America

The EU has built an extensive network of trade agreements with Latin American countries over the past two decades. For Spanish exporters, these agreements translate to reduced or zero import duties at the destination — but only if the goods carry valid proof of EU origin.

The main agreements in force or concluded include:

Countries not covered by an EU agreement — including Venezuela and Bolivia — apply standard MFN tariff rates to Spanish exports.

The origin document is what unlocks the preferential rate. Without a valid EUR.1 or origin declaration on the invoice, your goods will pay standard MFN duties regardless of the agreement in force. Always prepare origin documentation before the goods leave Spain.

Proof of Origin: EUR.1 or Invoice Declaration

To claim preferential duties under an EU-LATAM trade agreement, Spanish exporters must include proof that the goods originate in the EU. The two options are:

Each agreement has its own rules of origin — the criteria that determine whether goods qualify as EU-origin. Complex goods involving materials from third countries need to meet specific processing thresholds. Your freight forwarder or customs agent can advise on whether your specific product qualifies.

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Shipping Routes and Transit Times

Algeciras is the principal Spanish port for Latin America, with strong connectivity to both Atlantic and Pacific coast destinations. Valencia and Barcelona also offer direct services to major LATAM ports. Services to the Pacific coast (Chile, Peru, Ecuador) typically involve transhipment at Cartagena (Colombia) or Manzanillo (Panama).

Approximate sea freight transit times from Spain:

Air freight from Madrid or Barcelona to major LATAM hubs (Mexico City, Bogotá, São Paulo, Lima, Santiago) takes 1 to 2 days, usually with one connection.

Import Complexity by Country

The import process and bureaucratic complexity vary significantly across the region. Chile, Colombia and Mexico tend to be the most straightforward — predictable processes, reasonable timelines and transparent import requirements. Brazil and Argentina are historically more complex: Brazil has high base tariff rates (though EU-Mercosur preferences now reduce many), an import licensing system (SISCOMEX / LPCO) and detailed documentation requirements; Argentina has at times applied import restrictions and prior import authorisation requirements. Always confirm current import conditions with your logistics partner or local customs agent before the first shipment to any new country.

Frequently asked questions

Yes. The EU has agreements in force with Mexico, Chile, Colombia, Peru, Ecuador, Central American countries and Cariforum nations. The EU-Mercosur Agreement covering Brazil, Argentina, Uruguay and Paraguay has been concluded. Each agreement reduces or eliminates duties on eligible goods, provided valid EU origin documentation is included.
Either an EUR.1 movement certificate issued by Spanish customs (AEAT), or an origin declaration made on the commercial invoice. Approved exporters with an AEAT authorisation number can use the invoice declaration for any value. Non-approved exporters can use it below a threshold amount; above that, an EUR.1 is required. Each agreement specifies the applicable threshold.
Algeciras, Valencia, Barcelona and Bilbao. Algeciras is the main hub for LATAM routes, with the best connectivity to both Atlantic and Pacific coast ports. Services to the Pacific coast typically involve transhipment at Cartagena (Colombia) or Manzanillo (Panama).
It varies by destination. Mexico (Veracruz) and Colombia (Cartagena) are the fastest at 12 to 20 days. Brazil (Santos) is 15 to 22 days. Argentina (Buenos Aires) is 18 to 25 days. Chile and Peru are the furthest at 20 to 28 days due to transhipment via the Caribbean or Panama.
Brazil and Argentina have historically been the most complex, with detailed documentation requirements, import licensing systems and — in Argentina's case — periodic import restrictions. Chile, Colombia and Mexico are generally more predictable. Always verify current import conditions with your freight forwarder or a local customs agent before shipping to a new market.
A DUA de exportación (filed with AEAT), commercial invoice, packing list and bill of lading or airway bill. If claiming preferential duties, also a EUR.1 or invoice declaration. Some destination countries additionally require a legalised invoice or a certificate of origin from a Chamber of Commerce — confirm with your buyer or logistics partner for each market.