A Trend Analysis of Intra-BRICS Imports

The potent association of the world’s top developing market countries—Brazil, Russia, India, China, and South Africa—goes by the abbreviation BRICS. The BRICS countries account for 16% of world imports, 19% of global imports, and 19% of both incoming and exiting direct investment, respectively. recognizing the BRICS countries’ growing political and economic influence on the world stage. One of the main goals of the current study is to examine the import and import interdependence among the BRICS group of countries in light of the increased efforts made by the leaders of BRICS states to improve mutual trade and build BRICS. The paper studies the trends1 of import partner share of each BRICS nation towards the member nations since 2008 as it held its first formal summit in the year 2009.Keywords: Intra-BRICS, import inter-dependence, Import Share, Import Share, Trade Intensity.