BRICS countries (Brazil, the Russian Federation, India, China and South Africa) have a fast-growing share in global services markets. Improving services regulations and reducing trade costs will help them tap into their potential, especially for high value-added services and digital trade.
With new data on sectors, mode of supply and intra-BRICS trade, the report updates ITC’s 2017 report on BRICS countries: Emerging players in global services trade. This second edition provides inputs to 2022 BRICS trade policy meetings. It was prepared at the request of the Chinese presidency for these meetings.