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

The share of the core BRICS countries in India's total exports increased from 9.2% during the first five months of this fiscal from 8.1%

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

India's exports to key BRICS markets surged 34% to $19.9 billion in the April-August 2026-27 period, with China leading the growth at 39%. This growth highlights the growing significance of BRICS for India's export expansion. The Commerce Ministry data showed exports to China, South Africa, Brazil, and Russia expanding by 34% from $14.9 billion in the same period last fiscal year to $19.9 billion in the latest five-month span.

Among the core BRICS countries, China saw the largest increase, with Indian exports rising 39% to $9.6 billion in the first five months of 2026-27. South Africa experienced the fastest growth rate at 58%. Brazil and Russia maintained steady double-digit growth of 13% and 11%. India's export growth to these markets is increasingly becoming a key pillar of its export strategy, outpacing growth in exports to other BRICS countries.

Written by urgent.news from The Hindu's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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