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Assuming your statement is true, here are two possibilities:

1. The EU: The EU has a larger population than the United States (almost two to one, I think). Therefore, there are more peope to sell products to.

2. History:

Even so, Mercosur still has ambitions beyond its original four-member grouping. It seems almost as far-fetched today as the idea of a single Mercosur currency. Nobody is saying Mercosur itself will be killed off. But the most recent talks on enlargement, at the end of last year, predictably got nowhere. The common market as original proposed has long been dead in the water. But with its biggest members at each other’s commercial throats, whether the institution survives is of not much more than academic interest. Argentina’s renationalisation of YPF , the oil company hitherto controlled by Repsol of Spain, was surely the last nail in that idea’s coffin.