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AnalysisIBEFMonday, 14 September 2026NEW

BRICS Countries’ Exports Rise to US$ 6 Trillion in 2024, Highlighting Trade Potential: Union Minister for Commerce and Industry, Mr. Piyush Goyal

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Summary
BRICS exports surged nearly sevenfold to US$ 6 trillion in 2024, underscoring the bloc’s growing trade potential and scope for deeper economic integration.
Key Facts
TypeAnalysis
SourceIndia Brand Equity Foundation
PublishedMonday, 14 September 2026
Affected Population63 million MSMEs, export-import community
Key Numbers
Merchandise exports: $437 billion (2024-25)
FDI inflow: $71 billion (2024-25)
PLI scheme: Rs 1.97 lakh crore across 14 sectors
PM-JAY: 55 crore beneficiaries
Key Authorities
Ministry of Commerce & IndustryDPIITDGFTMinistry of Social Justice & EmpowermentNITI Aayog
Key Stakeholders
ExportersImportersMSMEsBPL FamiliesSenior CitizensPersons with Disabilities
Government Context
NDA IIIBJP-led NDA
Centre-Right
LeftCentreRight
Explore Sectors
Trade & Commerce139 tracked→Social Protection247 tracked→
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Withdrawal of Order No. 23-1/2012-B&CS dated 5th August 2013 regarding furnishing of information on duration of advertisements on TV channels
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