The 2012 Recopa Sudamericana (officially the 2012 Recopa Santander Sudamericana for sponsorship reasons) was the 20th edition of the Recopa Sudamericana, the football competition organized by CONMEBOL between the winners of the previous season's two major South American club tournaments, the Copa Libertadores and the Copa Sudamericana. It was contested between Brazilian club Santos, the 2011 Copa Libertadores champion, and Chilean club Universidad de Chile, the 2011 Copa Sudamericana champion.
After a goalless first leg, Santos was crowned champions after their 2–0 victory in the second leg. Neymar of Santos was selected as the player of the 2012 Recopa Sudamericana.