GS2 · International relations

India–Brazil trade reaches USD 15 billion

Battle IAS current affairs title card: India–Brazil trade reaches USD 15 billion (GS2 · International relations, 21 February 2026)

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

GS-II Bilateral, regional and global groupings and agreements involving India

  1. 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.
  2. Two large Global South economies have room in agri-inputs, energy and defence.
Quotable data point

Bilateral 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.

Go deeper

Official source: PIB: Commerce: India–Brazil trade, 21 Feb 2026

facts from cited sources only; faculty review pending