India’s Bilateral Trade With BRICS Nations Rises to $416Bn, But Deficit Widens

India’s total bilateral trade with BRICS nations reached $416bn in 2025, up from $289bn in 2021. However, the trade deficit widened significantly from $117bn in 2021 to $224bn in 2025

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India’s Bilateral Trade With BRICS Nations Rises to $416Bn, But Deficit Widens
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India’s bilateral trade engagement with BRICS nations has expanded steadily over the past five years, but the country’s trade deficit with the bloc has also widened sharply, according to a report by Rubix Data Sciences.

The report comes amid the BRICS Foreign Ministers’ Meeting being hosted by India on May 14-15, under the theme “Building for Resilience, Innovation, Cooperation and Sustainability”.

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