China is buying more from India with billions at stake
China surpassed India in bilateral trade with other BRICS countries in the first five months of 2026-27, as Indian exports to the country surged 39% to $9.6 billion compared to the same period in the previous fiscal year. South Africa experienced the most remarkable growth among the four core BRICS economies, with exports to the nation jumping 58% to $5.7 billion.
Brazil's exports increased by 13%, and Russia's exports rose by 11%. Overall, India's exports to the four core BRICS economies increased 34% to $19.9 billion during this period. This trend highlights the growing importance of the BRICS markets for Indian exporters, as these countries are increasingly becoming key pillars of India's export strategy.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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- China goes shopping in India as exports jump 39% and BRICS trade picks up economictimes.indiatimes.com
