Brussels, 13/07/2010 (Agence Europe) - Brazil has accounted for somewhere around 2% of the EU's total foreign trade in goods since 2000. In 2009, Latin America's largest economic power became the EU's 10th largest trading partner. According to Eurostat figures published just before the annual summit between the EU and Brazil, due to take place in Brasilia on 14 July, the EU trade deficit with Brazil fell from €9.6 billion in 2008 to €4.1 billion in 2009. Brazilian exports to the EU are falling, from €35.9 billion to €25.7 billion, and, at the same time, EU exports to Brazil are also dropping, from €26.3 billion in 2008 to €21.6 billion in 2009. Germany, France and Italy, whose combined share of exports forms 57% of the EU total, are Brazil's main suppliers. In 2009, around 90% of EU exports to Brazil were manufactured goods (motor vehicles and parts, medicine and aircraft and parts in the main), while 30% of EU imports from Brazil were made up of food and drink and raw materials (soya beans, oilcake, iron ore, coffee and crude oil principally). The EU had a surplus of €2.4 billion in trade in services, having exported €8.8 billion worth of services to Brazil and importing €6.4 billion worth. In 2009, the EU invested €6.9 billion in Brazil, compared with a disinvestment of €1.1 billion in 2008. Brazilian direct investment into the EU27 decreased from €10.7 billion in 2008 to €2.8 billion in 2009. (E.H./transl.rt)