India Exports to BRICS Rise 34% to $19.9 Billion
India Exports to BRICS Rise 34% to $19.9 Billion
Anonymous
Key Points
1
BRICS has expanded substantially beyond its original five members: Egypt, Ethiopia, Iran, the United Arab Emirates and Saudi Arabia joined in 2024; Indonesia joined in 2025; and countries including Belarus, Bolivia, Kazakhstan, Cuba, Malaysia, Nigeria, Thailand, Uganda, Uzbekistan and Vietnam became partner countries last year.
2
The Commerce Ministry said exports to the four core BRICS economies were growing nearly three times faster than exports to the broader BRICS grouping, describing the markets as an increasingly important pillar of India’s export strategy.
3
The 43% rise in exports to Japan was driven by mineral fuels, electronics and aluminum, while shipments to South Korea benefited from India’s role as a supplier of industrial raw materials and energy products.
4
India’s exports to free-trade-agreement partners also accelerated in the first quarter of 2026–27: shipments to Singapore rose 101.2% to $6.52 billion and those to Sri Lanka increased 123.8% to $2.35 billion.
5
Exports to the ASEAN region increased 61.6% year on year to $14.61 billion in April–June 2026, with shipments to Malaysia rising 75.2% to $2.54 billion and those to Australia increasing 25.2% to $2.68 billion.
India's exports to the four founding BRICS members surged 34% to $19.9 billion in the first five months of 2026–27, according to India's News. The jump boosted BRICS's share of India's total exports from 8.1% to 9.2%. China led the charge with shipments up 39% to $9.6 billion, while South Africa recorded the fastest growth at 58%.
Indian officials say the surge reflects deeper engagement with BRICS economies. Exports to Brazil and Russia grew more modestly at 13% and 11% respectively. Beijing News reports that the gains come as New Delhi pivots toward alternative trade partners amid pressure from Washington.
China Drives Nearly 40% Jump in Shipments
China absorbed the lion's share of India's BRICS export growth. Shipments to Beijing climbed 39% to $9.6 billion in April–August, making it by far India's largest BRICS destination. China National News notes that engineering and electronics products led the surge, capitalizing on supply chain diversification away from Western sources.
The momentum underscores India's strategic pivot. The Commerce Ministry described the four core BRICS economies as growing nearly three times faster than exports to the broader BRICS bloc. This divergence signals New Delhi's focus on deepening ties with the original members.
South Africa and Brazil Show Mixed Results
South Africa emerged as the surprise growth leader among core BRICS members. Exports there jumped 58%, the sharpest rate in the group. Brazil lagged with just 13% growth to an undisclosed total, while Russia's 11% increase also trailed the overall average. India's News attributes the variance to commodity demand and industrial raw material needs.
Broader Asian Trade Gains Accelerate
BRICS growth is not India's only export bright spot. Shipments to Japan surged 43%, driven by mineral fuels, electronics and aluminum. India's role as a supplier of industrial raw materials and energy also lifted exports to South Korea. India's News reports that free-trade-agreement partners posted even stronger gains: Singapore imports jumped 101.2% to $6.52 billion.
ASEAN markets tell a similar story. Regional exports climbed 61.6% year on year to $14.61 billion in April–June 2026. Malaysia's imports from India rose 75.2% to $2.54 billion, while Australian purchases increased 25.2% to $2.68 billion. The surge reflects India's expanding role as a supplier to Indo-Pacific economies seeking alternatives to traditional Western sources.
Sentiment
Mostly PositiveNEGATIVENEUTRALPOSITIVE
Publishers
18
Articles
31
Reach
49
A
AnonymousAuthor
