India’s Exports to BRICS Nations Expected to Double to $200 Billion by 2030
According to Agrawal, trade among BRICS countries has witnessed remarkable expansion over the last two decades. Intra-BRICS merchandise trade has surged from approximately US$84 billion in 2003 to more than US$1.17 trillion in 2024, demonstrating the increasing economic influence of the grouping. However, despite this growth, trade within BRICS still represents a relatively small share of overall global commerce, leaving considerable scope for further expansion.