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Strategic Lens

India and Brazil

First country

Second country

In 2025, India sold USD 6.93 billion of goods to Brazil and bought USD 7.68 billion from it. The DESTA database lists 3 trade agreements that include both countries, the most recent being India MERCOSUR (2009). Both are members of the G20 and BRICS. Their agreement score in UN General Assembly voting was 87 percent in 2023, and 79 percent on average over 2019 to 2023. In 2025, Brazil sold USD 190 million of critical minerals and metals to India.

Benefits

  • BothTrade in goods runs both ways in similar amounts: India sold USD 6.93 billion and Brazil sold USD 7.68 billion in 2025.
  • BothTwo-way trade in mineral fuels and oils grew 79 percent, from USD 1.51 billion in 2019 to USD 2.70 billion in 2025.
  • BothTwo-way trade in critical minerals and metals grew about 3.2 times, from USD 59.6 million in 2019 to USD 190 million in 2025.

Constraints

  • BothFlows are one-sided: in 2025, Brazil sold USD 190 million of critical minerals and metals, and India sold almost none.
  • BothFlows are one-sided: in 2025, Brazil sold USD 2.79 billion of agricultural and food products, against USD 132 million the other way.
  • BothFlows are one-sided: in 2025, India sold USD 47.4 million of fertilisers, against USD 1.3 million the other way.

Sources: UN Comtrade (public preview API), annual goods trade, HS classification (retrieved 26 September 2026); DESTA: Design of Trade Agreements database, version 02_03 (retrieved 25 September 2026); Wikidata, statements on membership (property P463) (retrieved 26 September 2026); United Nations General Assembly voting data (Voeten, Strezhnev and Bailey), agreement scores (retrieved 25 September 2026)

Last updated on 26 September 2026

At a glance

Goods trade, both ways
USD 14.6 billion
2025, as reported by India
India to Brazil
USD 6.93 billion
2025, as reported by India
Brazil to India
USD 7.68 billion
2025, as reported by India

What connects India and Brazil

Economy

Trade in goodsIn 2025, India sold USD 6.93 billion of goods to Brazil and bought USD 7.68 billion from it.

Resources

EnergyIn 2025, India sold USD 804 million of mineral fuels and oils to Brazil and bought USD 1.90 billion from it.Critical mineralsIn 2025, Brazil sold USD 190 million of critical minerals and metals to India.Agriculture and foodIn 2025, India sold USD 132 million of agricultural and food products to Brazil and bought USD 2.79 billion from it.FertiliserIn 2025, India sold USD 47.4 million of fertilisers to Brazil and bought USD 1.3 million from it.

Industry

Supply chains and manufacturingIn 2025, India sold USD 1.74 billion of machinery, vehicles and iron and steel to Brazil and bought USD 579 million from it.TechnologyIn 2025, India sold USD 198 million of electrical and electronic equipment to Brazil and bought USD 35.5 million from it.Pharma and healthIn 2025, India sold USD 597 million of pharmaceutical products to Brazil and bought USD 58.2 million from it.

Diplomacy

Agreements and treatiesThe DESTA database lists 3 trade agreements that include both countries, the most recent being India MERCOSUR (2009).Multilateral alignmentBoth are members of the G20 and BRICS. Their agreement score in UN General Assembly voting was 87 percent in 2023, and 79 percent on average over 2019 to 2023.

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