India has 1,782 export opportunities within BRICS but just 8.4% share, report says
Cooperation areas
Source: ANI (Asian News International) | Original Published At: 2026-11-04 05:15:23 UTC
Key Points
- A study by India Exim Bank and FICCI identified 1,782 export opportunity products for India across BRICS markets.
- India accounts for only 8.4% of export share in the assessment, despite having the second-highest number of identified opportunity products among BRICS members.
- China leads the BRICS export opportunity assessment with 5,325 identified products and a 48% export share.
- BRICS economies generated USD 31.6 trillion in GDP in 2024, representing 28.5% of global output.
- BRICS exports to the world were USD 7.2 trillion in 2024, while imports were USD 6.3 trillion.
- Intra-BRICS merchandise exports accounted for 22.8% of the bloc's total exports, indicating scope for deeper trade integration.
- The report identified cooperation sectors including critical minerals, renewable energy equipment, green hydrogen, semiconductors, pharmaceuticals, automobiles, aerospace and smart manufacturing.