India–Brazil trade reaches USD 15 billion

What happened
- Bilateral trade with Brazil grew 25% in the past year to USD 15 billion; the Commerce Minister called this level suboptimal [PIB].
Background
- India and Brazil work together in BRICS, IBSA and the G20. The India–MERCOSUR PTA covers some goods.
Why it matters
- Two large Global South economies have room in agri-inputs, energy and defence.
How to use this in Mains
- As per PIB (2026-02-21): bilateral trade with Brazil grew 25% in the past year to USD 15 billion; the Commerce Minister called this level suboptimal.
- Two large Global South economies have room in agri-inputs, energy and defence.
Quotable data pointBilateral trade with Brazil grew 25% in the past year to USD 15 billion.
PIB: Commerce: India–Brazil trade, 21 Feb 2026
Exam angle
UPSC
Prelims: IBSA, MERCOSUR.
Practice MCQs
Original practice questions (not PYQs).
Practice · UPSC
India–Brazil trade
Answer (b) & explanation
PIB.
Practice · UPSC
Annual growth cited
Answer (b) & explanation
PIB.
Practice · UPSC
Brazil is in which PTA bloc with India
Answer (b) & explanation
PIB.
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Official source: PIB: Commerce: India–Brazil trade, 21 Feb 2026
facts from cited sources only; faculty review pending