Exports of goods from the EU27 to Brazil fell to 21.6 billion euro in 2009, down from the peak of 26.3 bn in 2008. Imports fell to 25.7 bn in 2009, after 35.9 bn in 2008. This led to a decreasing EU27 deficit in trade in goods with Brazil, from 9.6 bn in 2008 to 4.1 bn in 2009. It should be noted that the fall in the value of EU27 trade with Brazil recorded between 2008 and 2009 is in line with the general downward trend in the EU27’s total external trade over the same period.

The share of Brazil in the EU27’s total external trade in goods has remained around 2% since 2000. In 2009, Brazil was the EU27’s tenth most important trading partner. Malta’s trade in goods with Brazil is neglible.

Among the EU27 Member States, Germany (7.2 bn euro or 33% of EU exports of goods) was by far the largest exporter to Brazil in 2009, followed by Italy (2.7 bn or 12%), France (2.6 bn or 12%) and the United Kingdom (1.9 bn or 9%). The Netherlands (5.6 bn or 22% of EU imports) was the largest importer, followed by Germany (5.0 bn or 20%), the United Kingdom (2.9 bn or 11%), France (2.5 bn or 10%), Italy (2.4 bn or 9%) and Spain (2.2 bn or 9%).

Germany (+2.1 bn euro) recorded the largest surplus in trade with Brazil in 2009, followed by Austria (+0.5 bn). The largest deficits were observed in the Netherlands1 (-4.4 bn euro), the United Kingdom and Spain (both -0.9 bn).

Around 90% of EU27 exports to Brazil in 2009 were manufactured goods, while food & drink and raw materials each accounted for more than 30% of imports. At the detailed level, the main EU27 exports to Brazil were motor vehicles & parts, medicine and aircraft & parts, while the main imports were soya beans, oilcake, iron ore, coffee and crude oil.

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