The Global offshore outsourcing market for IT and business services has exceeded $55 billion USD in 2008 and some estimates suggest an annual growth rate of 20% over the next five years. In 2008, India exported $40 billion of ITO and BPO services, while China, Russia and Brazil managed $5 billion, $3.65 billion and $800 million respectively. However, there also were 120 other active offshore locations offering IT and business process services. All were looking for new business. Moreover, the BRIC countries are not without their problems, with Brazil and China hardly leveraging their potential, Russia lacks of government support and is being led into high-value but niche work, while India and China may even be seen turning to Non-BRIC locations for some of the solutions. All this points to the fact that relative attractiveness of BRIC and non-BRIC countries as offshore, outsourcing and business locations is highly dynamic.