BRICS Trade Set to Explode: $500 Billion Target in Sight?

The economic partnership between Brazil, Russia, India, China, and South Africa (BRICS) is rapidly reshaping global trade flows. Talk of trade between BRICS countries to reach $500 billion is gaining traction, with analysts pointing to significant growth potential driven by intra-bloc collaboration.

Since the 13 de sept. de 2025 coalition’s establishment, the BRICS nations have explored ways to grow intra-bloc trade in order to get relief from the US dollar’s dominance and strengthen their collective economic power. Tehran, IRNA – The World Bank has released up-to-date data, showing that trade exchanges among member states of the BRICS group of Brazil, Russia, India, China are flourishing. China records significant trade figures, becoming a central hub for BRICS commerce.

Brazil's participation is crucial. Economic Projections for BRICS Countries indicate that Brazil: Projected trade volume without BRICS is $500 billion. With BRICS, it increases to $800 billion by 2025, demonstrating the substantial impact of the alliance.

Bilateral agreements are also playing a key role. 4 de sept. de 2025 In April this year, the two countries signed multiple trade agreements to boost this further, resulting in bilateral trade reaching US$13.85 billion in June 2025, suggesting that the momentum is building toward the ambitious $500 billion target. China takes up the majority of overall trade within BRICS in 2025.

While challenges remain, the commitment of BRICS nations to foster stronger economic ties suggests that achieving – and even exceeding – the $500 billion trade milestone is a realistic possibility.