2 datasets found
  1. Gross trade flows within BRICS countries and other selected countries 2022

    • statista.com
    Updated Aug 7, 2023
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    Statista (2023). Gross trade flows within BRICS countries and other selected countries 2022 [Dataset]. https://www.statista.com/statistics/1404108/brics-trade-turnover-by-country/
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    Dataset updated
    Aug 7, 2023
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2022
    Area covered
    India, South Africa
    Description

    China takes up ************ of overall trade within BRICS in 2022, the economic partnership between Brazil, Russia, India, China, and South Africa. China records significant trade figures with all four other members within BRICS. Brazil and Russia focus towards the Asian country. India-South Africa, interestingly, is higher than that of India-Russia or Russia-Brazil, two relatively established partnerships. It should also be noted that several countries allegedly hope to join BRICS in the foreseeable future. These countries - notably Saudi Arabia and the UAE - are oriented towards India and China when it comes to trade. These potential applications follow amidst rumors in 2023 of the creation of BRICS currency - which would allow member countries to pay for trade without having to use the U.S. dollar.

  2. Merchandise trade value of Russia with BRICS 2021, by country and flow

    • statista.com
    Updated Feb 15, 2022
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    Statista (2022). Merchandise trade value of Russia with BRICS 2021, by country and flow [Dataset]. https://www.statista.com/statistics/1101225/russia-external-trade-value-with-brics/
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    Dataset updated
    Feb 15, 2022
    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2021
    Area covered
    Russia
    Description

    Among BRICS countries, Russia's major trade partner was China, having the highest export and import value in 2021. With India, Russia had the largest trade balance, measuring at approximately *** billion U.S. dollars. In total, Russian exports to BRICS countries reached nearly **** billion U.S. dollars in 2021.

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Share
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TwitterTwitter
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Click to copy link
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Close
Cite
Statista (2023). Gross trade flows within BRICS countries and other selected countries 2022 [Dataset]. https://www.statista.com/statistics/1404108/brics-trade-turnover-by-country/
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Gross trade flows within BRICS countries and other selected countries 2022

Explore at:
Dataset updated
Aug 7, 2023
Dataset authored and provided by
Statistahttp://statista.com/
Time period covered
2022
Area covered
India, South Africa
Description

China takes up ************ of overall trade within BRICS in 2022, the economic partnership between Brazil, Russia, India, China, and South Africa. China records significant trade figures with all four other members within BRICS. Brazil and Russia focus towards the Asian country. India-South Africa, interestingly, is higher than that of India-Russia or Russia-Brazil, two relatively established partnerships. It should also be noted that several countries allegedly hope to join BRICS in the foreseeable future. These countries - notably Saudi Arabia and the UAE - are oriented towards India and China when it comes to trade. These potential applications follow amidst rumors in 2023 of the creation of BRICS currency - which would allow member countries to pay for trade without having to use the U.S. dollar.

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