Russia had previously opposed the American tariff against India. Now a country has come to the fore, which no one expected. That country is none other than Brazil. Which has stood up as a shield in front of India. The President of Brazil has said that he will talk to Prime Minister Narendra Modi, not Trump. This statement is pointing to many things. The first is that Brazil is very upset with Trump’s tariff policy.
Second, being a founder member of BRICS countries, American has not forgotten opposition at all. At the same time, the most important indication is that India is their 5th largest trading partner. Also, India’s companies have an investment in more than $ 6 billion in Brazil. There is more than $ 12 billion trade between the two countries. The economy of Brazil is absolutely incomplete of India’s diesel and medicines. Let us also tell you what kind of business relationships are between the two countries.
How big is business between the two countries
If we talk about the business of both countries, then more than $ 12 billion is being seen. According to Indian Embassy data in Brazil, trading between India and Brazil is quite strong. In the financial year 2024-25, the bilateral trade of both countries has been seen to be more than $ 12.20 billion i.e. one lakh crore rupees. If we talk about export to Brazil of India, then it is $ 6.77 billion i.e. about 60 thousand crores. So far, India has been seen to import more than $ 5.43 billion or 47 thousand crores from Brazil. This means that India is in more than 12 thousand crore rupees in the surplus.
What are the exports and imports
There is a export and import of goods between the two countries. First of all, Brazil is talked about export, processed petroleum products from India are especially diesel exports. At the same time, the pesticides also go to Brazil from India to save agriculture. Chemicals, medicines, engineering products, texcharged filament yarn and unnarot aluminum are also exported to Brazil. On the other hand, India’s import from Brazil is also no less. India imports crude oil from Brazil, which processes and sends it to many countries of the world. Soya oils, gold (non-oral), raw sugar, cotton, glue, wood and turpentine oil, chemical (carboxylic acid) and iron ore and concentrations from Brazil.
India’s investment in Brazil is not less
India’s investment in Brazil is no less. The value of which is said to be more than $ 6 billion. According to Embassy data, the total Indian investment in Brazil is estimated to be more than US $ 6 billion. Brazilian investment in India is about 1 billion US dollars. Prominent Indian companies in Brazil are Glenmark, Zidas Cadila, Sun Pharma, Dr. Reddy’s Laboratories, Pidilite Industries Limited, ONGC Foreign Limited (OVL), BPRL, IFFCO, Bajaj, Tata Motors, Mahindra Tractors, Infosys, TCS, HCL and Vipro. Prominent Brazilian companies present in India are Polo (Automobile), Vale (Mining), Stephanini (IT), Geradaau (Steel), WEG (heavy electrical motor/generator etc.), Compasses (toll road software system), Dedini (ethanol production), pharmas kunj (shoes), perTo (ATM), Fanam (hospital equipment).