2016 BRICS export – Dependency wheel

In the past decade, the BRICS countries-Brazil, the Russian Federation, India, China , and South Africa-have emerged as major players in the global trade in services.

Exports of BRICS services are growing more rapidly than those of developed countries; their share in the global services markets is also growing rapidly. But they are still lagging behind traditional global players and there is still a lot of work left to tap into their potential.

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