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A closer look at India-Brazil-South Africa (IBSA) trade

Trade Briefs

A closer look at India-Brazil-South Africa (IBSA) trade

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In June 2003, the foreign ministers of India, Brazil and South Africa (IBSA) met in Brasilia to discuss forging closer ties between their nations. It was at this meeting that the India-Brazil-South Africa Dialogue Forum (IBSA Forum) was formally launched in order to foster closer engagement between the IBSA countries and to facilitate collaboration in multilateral governance fora and the development of common positions on a number of important issues.

A decade on from the establishment of the IBSA Forum, the general view is that these and other initiatives have had a ‘profoundly beneficial effect’ in terms of ‘improving trade among the three nations’ and that ‘intra-IBSA trade has grown significantly’. This brief seeks to test these claims by examining data on intra-IBSA trade flows to assess the performance of intra-IBSA trade over the past decade. In addition, the brief also takes a cursory look at the composition of intra-IBSA trade.


Readers are encouraged to quote and reproduce this material for educational, non-profit purposes, provided the source is acknowledged. All views and opinions expressed remain solely those of the authors and do not purport to reflect the views of tralac.

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A closer look at India-Brazil-South Africa (IBSA) trade - Author(s): Sean Woolfrey

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