He was speaking at the BRICS Women’s Business Alliance (WBA) Women-Led Development Summit 2026.
Exports Up 17% Through July
Goyal said there is significant potential to expand trade in goods and services between India and other BRICS nations.
The Commerce Ministry is scheduled to release the official merchandise export and import data for August on September 15.
During April-July, India’s merchandise exports rose 17.04% to $173.78 billion. Imports increased 19.27% to $292.38 billion during the same period.
Goyal said India and BRICS nations have “huge potential” to increase trade in both goods and services, even as global trade faces uncertainty.