BRICSJosé Cruz/Agência Brasil · CC BY 3.0 br
International RelationsEconomy

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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Key facts

  • 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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