Published
04/06/2026, 17:57In 2025, trade between BRICS countries exceeded $1 trillion for the first time, confirming the bloc’s growing role in the global economy and the transformation of global trade flows.
Trade growth is largely driven by deeper economic integration and the expansion of the BRICS+ format. According to experts, the bloc’s share of global GDP reached nearly 40%, while the use of national currencies in settlements exceeded 67%.
The bloc’s largest economies remain the key drivers of trade. China serves as the primary center of demand and supplier of industrial goods, India is strengthening its position as a major market, while Russia and Brazil maintain their leadership in the supply of raw materials and agricultural products.
Experts note that trade growth is accompanied by the formation of production chains within Global South countries, as well as a gradual reduction in dependence on traditional external markets.
At the same time, the further development of BRICS as a trade bloc is hampered by logistical challenges, differences in national standards, and the absence of a unified trade regime. To address these issues, discussions are underway regarding the development of transport corridors, the digitization of customs procedures, and the creation of new instruments—ranging from a grain exchange to settlement systems based on national currencies and digital assets.
For more details on how trade within BRICS is changing and what factors are driving its growth—see the article on the TV BRICS website.
