The EU has concluded a trade agreement with the four founding members of Mercosur (Argentina, Brazil, Paraguay, and Uruguay) as part of a bi-regional Association Agreement.Current trade relations between the EU and Mercosur are based on an inter-regional Framework Cooperation Agreement which entered into force from 1999,The European Union and Mercosur states – Argentina, Brazil Paraguay and Uruguay – reached a political agreement on 28 June 2019 for an ambitious, balanced and comprehensive trade agreement. The EU is Mercosur's number one trade and investment partner , so This paper analysis the EU Mercosur free trade agreement (FTA ) that designed to increase the flow of goods among the two blocks,in addition to reducing Tariffs and quotas on goods and services and identifies asymmetries and similarities in the member states' trade policy by cluster analysis. in addition to clarifying the extent of trade flow between the two blocks , the extent of the increase in the volume of exports and imports between them, and the extent of progress in service trade between the two parties , as this progress was enhanced by reducing customs tariffs and removing customs barriers between the two blocs.