India Exports to BRICS rose 34% year-on-year to USD 19.9 billion during April-August 2026-27, with China emerging as the largest contributor to the growth. Exports to the four core BRICS economies - China, South Africa, Brazil and Russia - increased from USD 14.9 billion in the corresponding period of 2025-26.
Key Highlights
- India’s exports to BRICS markets rose 34% to USD 19.9 billion during April-August 2026-27, led by China.
- South Africa recorded 58% export growth, while shipments to Brazil and Russia increased 13% and 11%, respectively.
India’s Exports to Core BRICS Markets
|
BRICS Country |
Export Growth |
April-August 2026-27 Exports |
|---|---|---|
|
China |
39% |
USD 9.6 billion |
|
South Africa |
58% |
— |
|
Brazil |
13% |
— |
|
Russia |
11% |
— |
|
Core BRICS Total |
34% |
USD 19.9 billion |
China Leads India’s Export Growth to BRICS
China recorded a 39% increase in Indian exports during the first five months of 2026-27, taking shipments to USD 9.6 billion. The growth highlights the increasing importance of China and other core BRICS economies in India’s export performance.
The share of the four core BRICS countries in India’s overall exports also increased to 9.2% during April-August 2026-27, compared with 8.1% in the same period a year earlier.
South Africa, Brazil and Russia Also Record Growth
Among the four markets, South Africa registered the fastest growth, with India’s exports rising 58% during the period. Exports to Brazil increased 13%, while shipments to Russia grew 11%, according to commerce ministry data.
The Commerce Ministry said the stronger export momentum in core BRICS markets indicates their growing role in India’s export strategy.
Also Read: BRICS Summit 2026: Local Currency, NDB & Key Highlights
India’s Exports to Japan, Italy and South Korea Rise
During the same period, India had various other key markets with robust export growth, including the USA, Japan, and the UAE.
Exports to Japan grew by 43% to USD 3.43 billion, and to Italy were up 30% to USD 3.92 billion from USD 3.02 billion a year ago. The five-month period saw exports to South Korea rise 22% to USD 3.21 billion.
Mineral Fuels, Electronics and Aluminium Drive Growth
Higher volume of mineral fuels and electronics and aluminium exports contributed to the rise in exports. The growth in mineral fuel exports was USD 231.7 million or 76%. The major industries driving the export growth in South Korea were minerals, fuels, electronics, aluminium, iron and steel, chemicals, and others.
