India’s Foreign Trade with BRICS: Sectoral Patterns and Directional Analysis

Author(s)	Vandita . Batra, Dr. Sapna . Bansal
Country	India
Abstract	This study examines the direction and composition of India’s foreign trade with BRICS nations (Brazil, Russia, India, China, and South Africa) over the period 2014–2023. Using export and import data, the analysis focuses on five major categories of trade—pharmaceuticals, engineering goods, chemicals, petroleum products, and textiles for exports, and crude oil & petroleum, minerals, fertilizers, gold & precious metals, and coal for imports. Trend analysis reveals that India’s trade with BRICS is characterized by persistent deficits with China and Russia, modest surpluses with Brazil, and relatively balanced exchanges with South Africa. Sectoral patterns highlight India’s strength in pharmaceuticals and engineering goods, while imports remain commodity-heavy, dominated by energy, minerals, and precious metals. The findings underscore the complementary nature of India–BRICS trade, while also pointing to structural imbalances that require strategic policy interventions.
Keywords	India-BRICS Trade, Trade Policies, Global Trade Dynamics, Trade Barriers and Opportunities, Sector Composition, Balance of Trade etc.
Published In	Volume 7, Issue 6, November-December 2025
Published On	2025-12-22
DOI	https://doi.org/10.36948/ijfmr.2025.v07i06.64121

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