India’s exports to the four core BRICS markets — China, South Africa, Brazil and Russia — rose 34% to $19.9 billion during April-August 2026-27, according to Commerce Ministry data. Exports stood at $14.9 billion during the same period of 2025-26.

China Leads Export Growth

China was the largest contributor to the increase. Indian exports to China grew 39% to $9.6 billion during the first five months of FY27. South Africa recorded the fastest growth, with exports rising 58%. Shipments to Brazil and Russia increased by 13% and 11%, respectively.

The combined share of the four core BRICS markets in India’s total exports also increased to 9.2%, compared with 8.1% in the corresponding period last year.

Exports to Japan, Italy and South Korea Also Grow

India also recorded strong export growth in other major markets. Exports to Japan rose 43% to $3.43 billion, while shipments to Italy increased about 30% to $3.92 billion. Exports to South Korea grew 22% to $3.21 billion during April-August 2026-27.

The data points to broader growth in India’s export markets, with demand for energy products, electronics, metals, chemicals and other industrial goods supporting shipments to several major economies.