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India's Exports to Core BRICS Markets Soar 34% in Apr-Aug, China Leads
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News18•20-09-2026, 13:45
India's Exports to Core BRICS Markets Soar 34% in Apr-Aug, China Leads
- •India's exports to core BRICS nations (China, South Africa, Brazil, Russia) surged 34% to USD 19.9 billion in April-August 2026-27.
- •Shipments to China led the growth, expanding by 39% to USD 9.6 billion, making it the largest contributor among core BRICS countries.
- •South Africa recorded the fastest growth rate with exports surging 58%, while Brazil and Russia saw double-digit growth of 13% and 11% respectively.
- •The share of these four countries in India's total exports increased from 8.1% to 9.2% during the period.
- •India's exports also saw significant growth to Japan (43%), Italy (30%), and South Korea (22%) in the same period, driven by diverse sectors including mineral fuels, electronics, and industrial raw materials.
Key Questions Answered
India's exports to the core BRICS markets of China, South Africa, Brazil, and Russia grew by 34 per cent to reach USD 19.9 billion during the April-August period of 2026-27, compared to USD 14.9 billion in the previous fiscal year.
China emerged as the largest contributor with Indian exports expanding by 39 per cent to USD 9.6 billion, while South Africa recorded the fastest growth rate with a 58 per cent surge during the first five months of 2026-27.
During April-August 2026-27, India's exports to Japan surged 43 per cent to reach USD 3.43 billion, driven heavily by mineral fuels, while exports to Italy rose by about 30 per cent to USD 3.92 billion.
