币界网报道：BRICS Internal Trade Surpasses $1 Trillion Mark, Signaling Economic Resilience Trade among BRICS nations (Brazil, Russia, India, China, and South Africa) has exceeded $1 trillion, marking a significant milestone in the bloc's economic cooperation. The surge in intra-BRICS trade highlights the group's growing influence as an alternative to Western-dominated financial systems. Key drivers include increased energy exports from Russia, China's manufacturing dominance, and India's expanding service sector. This development comes as BRICS explores de-dollarization efforts, with members increasingly settling trade in local currencies. The bloc's New Development Bank has also played a pivotal role in financing infrastructure projects that facilitate trade. Analysts note that while challenges like currency volatility persist, the $1 trillion threshold demonstrates BRICS' potential to reshape global trade dynamics, particularly as more developing nations express interest in joining the alliance. The achievement follows recent expansion announcements, with several countries set to join in 2024, potentially further boosting internal trade volumes.