The Hindu·3 min read·medium

India's exports to core BRICS markets surge 34% in April-August; China leads

P
PTI
India's exports to core BRICS markets surge 34% in April-August; China leads
AI Summary

India's exports to core BRICS nations grew by 34% between April and August 2026, reaching $19.9 billion. China remains the largest contributor to this growth, followed by significant increases in trade with South Africa, Brazil, and Russia.

Why it matters

The data underscores the shifting focus of India's trade strategy toward the BRICS bloc as a primary engine for export growth.

Dive DeeperCreate a free account to unlock

India's exports to China, South Africa, Brazil, and Russia grew 34% to $19.9 billion in April-August 2026-27, led by a 39% jump in shipments to China, highlighting the growing importance of the BRICS bloc for India's export growth.

"As India deepens its engagement with the BRICS bloc, strongest momentum is coming from the BRICS members, especially Core BRICS founding partners — China, South Africa, Brazil, and Russia," an official said.

BRICS, originally comprising Brazil, Russia, India, China, and South Africa, expanded in 2024 to include Egypt, Ethiopia, Iran, the United Arab Emirates, and Saudi Arabia, with Indonesia joining in 2025. Belarus, Bolivia, Kazakhstan, Cuba, Malaysia, Nigeria, Thailand, Uganda, Uzbekistan, and Vietnam became BRICS partner countries last year.

According to the Commerce Ministry data, exports to the four core BRICS economies grew by 34%, rising from $14.9 billion in April-August 2025-26 to $19.9 billion in April-August 2026-27.

Continue reading on Headlinne

Create a free account to read the full article.

Read full article →
economybusiness

Get smarter about the news

Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.

Create free account

Already have an account? Sign in