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Sign in to searchIndia–Brazil Trade Deal
The recent visit of Luiz Inácio Lula da Silva to India has given fresh momentum to bilateral ties, with both countries setting an ambitious target of $30 billion in trade by 2030. India and Brazil are key partners in the Global South and collaborate closely in multilateral platforms such as BRICS, G20, and IBSA.
Historically, India–Brazil relations date back to 1948 and have been rooted in shared colonial experiences and South-South cooperation. During the Cold War, both supported the Non-Aligned Movement, and today they are part of the G4 grouping advocating reforms in the UN Security Council. Economically, Brazil is India’s largest trading partner in Latin America, with trade largely comprising Indian exports of pharmaceuticals, petroleum products, and chemicals, and imports of crude oil, gold, and edible oils.
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Explore India–Brazil trade deal targeting $30B by 2030. Discover collaboration in renewable energy, biofuels, critical minerals, and digital payment systems strengthening Global South ties.
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