The BRICS bloc recorded a trade turnover of about $1 trillion in 2025 as expansion and deeper integration boosted commerce. According to reports, new members joined existing partners and strengthened intra-bloc trade networks.
Luiz Inácio Lula da Silva addressed the BRICS Business Forum and highlighted intra-bloc trade growth. “In 2023, based on the most recent available data, intra-BRICS trade reached approximately USD 1 trillion—accounting for 20% of the bloc’s total exports and 30% of its aggregate imports. Accordingly, strengthening cooperation is deemed essential to advancing productive integration.”
China remained the largest exporter inside the group, supplying about 64% of bloc exports. India posted external trade near $825.3 billion for the fiscal year.
Russia saw bilateral trade with China exceed $200 billion for the third straight year. Russia’s trade with BRICS reached roughly $399 billion by late 2024.
BRICS+ held about 39.2% of global GDP at purchasing-power parity by late 2025. Economists project BRICS growth around 3.8% versus a 1.1% projected G7 rate in 2025 (Ed. note: this gap underlines shifting economic momentum).
The bloc now spans roughly 45% of the world’s population and controls over 40% of global oil production after its 2024 expansion. Continued integration and membership growth are driving the bloc’s rising influence on global trade.
