Although trade within BRICS has grown considerably during the past decade, rates of growth have fallen significantly in recent years. There is room, thus, for new mechanisms to further explore trade complementarities and productive integration within BRICS—including a potential preferential trade agreement. As such, this article aims to (1) provide an overview of the trade pattern of each BRICS country, considering the evolution and distribution of intra-BRICS trade in goods in the past decade (2008–2018) and (2) survey recent impact simulations of an intra-BRICS preferential trade agreement, addressing tariff and non-tariff measures to be considered by a potential PTA.
