India's exports to core BRICS markets surge 34% in April-August
India's exports to the core BRICS markets surged 34% during April-August of the current fiscal, with China leading the demand. The share of the core BRICS countries in India's total exports rose to 9.2% in the first five months of the fiscal, up from 8.1% a year earlier. The jump underscores deepening trade linkages within the bloc amid shifting global trade dynamics.
Nabka Insight
Trade-diversification data point; the growth rate and the changing export share are directly examinable.
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- Exports to core BRICS markets rose 34% in April-August.
- China led the demand.
- Core BRICS share of India's total exports rose to 9.2% from 8.1%.
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