Trade in environmental goods

Exports of environmental goods in the OECD area reached USD 370 billion in 2006, or 1% of its gross domestic product (GDP) and nearly 6% of its merchandise exports. In the same year, the BRICS (Brazil, the Russian Federation, India, China and South Africa) exported USD 43 billion, which accounted for almost 1% of their GDP and 2.7% of their total merchandise exports. Over the last four years, trade in environmental goods has grown dynamically, increasing faster than total merchandise trade, particularly in the BRICS, where exports have grown at an annual average rate of 35%.