Is BRICS Becoming A China-Centred Trading Ecosystem?

Published at:

China's share of overall BRICS merchandise exports increased from 56% in 2022 to 66% in the first half of 2026. India, by comparison, accounted for about 8% of BRICS exports

Chinese President Xi Jinping
China Confirms Xi Jinping’s India Visit For BRICS Summit Photo: AP
Summary of this article

As India is hosting the 18th BRICS Summit in New Delhi on September 12 and 13, the grouping is entering the summit with a much larger membership and a much bigger economic footprint.

But the latest trade data points to another change inside the bloc. China is accounting for a growing share of BRICS merchandise trade, while India's share remains considerably smaller.

  • image
  • image
  • image
×