Brics+ share in merchandise exports can overtake G7 by 2026: EY India

Quick Summary:

From 2000 to 2023, the BRICS+ group's share of global merchandise exports has risen from 10.7 per cent to 23.3 per cent, marking an impressive increase of 12.6 percentage points.

The October edition of EY Economy Watch reveals a significant shift in global trade dynamics, with the BRICS+ group rapidly increasing its share in merchandise exports and imports.

The share of BRICS+ grouping in global merchandise exports can overtake the G7 bloc by 2026, EY India said on Wednesday.

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Category: BusinessFinance

Markets: IndiaBrazilCanadaChinaEgyptEthiopiaFranceGermanyItalyJapanSaudi ArabiaSouth AfricaUnited KingdomUnited States

Topics: Brics merchandise exports Global goods export BRICS+ exports share Brics summit

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Article Type: News Report

Published On: 2024-10-30 @ 15:45:36 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

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