The BRICS bloc, comprising 11 nations, holds a dominant position in a broad range of critical global commodities. The alliance reportedly controls 90% of rare earth processing and nearly half of the world’s gold and oil reserves. This significant control over natural resources and production capacity, spanning energy, food, and industrial minerals, provides the group with considerable self-sustainability and trade leverage.
The BRICS alliance’s control over a vast array of commodities is reported to be much greater than that of Western nations. This concentration of natural resources in the 11-member bloc includes energy, food, and minerals, contributing to their self-sufficiency.
The market for these controlled commodities reportedly runs into the billions, providing member nations with a trade advantage. This resource wealth could potentially lead to a significant global economic decoupling.
Recent data indicates the coalition holds sway over several key materials. The group is cited as controlling 90% of global rare earth processing and 50% of global gold production.
They also dominate substantial portions of industrial and agricultural output. Reported figures include 79% of aluminum, 77% of palladium, and 45% of global oil reserves.
BRICS nations are also major producers of essential goods like food and water. This includes 42% of global food production and 40% of fresh water reserves.
Furthermore, the alliance holds 40% of all global industrial production. They also control 40% of the world’s grain and meat, along with a significant share of rice.
The bloc possesses a demographic and geographic advantage, with its countries containing 55% of the world’s population. This contrasts with the G7 nations, which account for less than 10% of the global population.
The alliance also contains 30% of the world’s arable land, securing its food production capacity. This positions BRICS as a dominant force in global commodity consumption, based on control of physical resources compared to Western “paper wealth.”
