Increasingly, agribusiness has drawn the attention of European countries. The proof is that the first two months of the year, Brazilian exports to Italy grew 49% and include products such as soybean oil, meat, rice and sugar.
Although small, the Brazilian sugar purchases from Italy were timid in January, totaling 40 tons and increased by more than 10 times in the following months, reaching 390 tons in February and 247 tons in March this year. In the quarter, foreign sales to the country totaled 677 tons of sugar, 379 tonnes against the same period in 2010.
In 2010, Italy has become the 2nd largest trade partner of Brazil in Europe, where the trade balance reached U.S. $ 10 billion. In 2011, the first two months of trade recorded a $ 1.54 billion, up 33% over the same period last year.