BRICS Trade Surpasses $1 Trillion and Transforms Global Economy

Source: Brasil 247 | Original Published At: 2026-04-04 16:49:33 UTC

Key Points

• BRICS internal trade volume exceeded $1 trillion in 2025, according to TV BRICS network data
• The bloc now accounts for approximately 24% of global trade and nearly 40% of global GDP
• Recent BRICS expansion includes Saudi Arabia, Iran, and United Arab Emirates, strengthening energy sector capacity
• Member countries increasingly use local currencies in transactions to reduce dollar dependence and exchange costs
• China remains the main driver of BRICS trade, concentrating industrial exports and serving as logistics/financial hub
• Brazil moved over 500 million tons of cargo in trade with BRICS countries in 2024
• The $1 trillion milestone signals consolidation of an alternative economic axis to traditional US-Europe trade circuits