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Tuesday, November 5, 2024

Share of MSMEs in exports to Russia and Ukraine

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The share of Micro, Small and Medium Enterprises (MSMEs) to exports to Russia and Ukraine during the last three years is as follows:

For more information also read: https://smeventure.com/what-the-indian-msme-sector-is-expecting-from-the-union-budget-2022-23/

Value in USD Million

India’s Export

 

2018-19 2019-20 2020-21
Value Value Value
Selected commodities (MSMEs) to Russia 1432.53 1819.41 1548.27
Total export to Russia 2389.62 3017.75 2655.84
% Share of MSME exports against total export to Russia 59.95 60.29 58.30
% Share of MSME exports to Russia against MSME export to the World 0.89 1.17 1.08
% Share of total exports to Russia against total export to the World 0.72 0.96 0.91
Selected commodities (MSMEs) to Ukraine 207.91 300.97 294.82
Total export to Ukraine 390.80 463.81 450.97
% Share of MSME exports against total export to Ukraine 53.20 64.89 65.37
% Share of MSME exports to Ukraine against MSME export to the World 0.13 0.19 0.20
% Share of total exports to Ukraine against total export to the World 0.12 0.15 0.15
MSME export to World 159179.78 154801.48 143993.81
Total export to the world 330078.09 313361.04 291808.48
Source: DGCI&S

 

Do watch: https://www.youtube.com/watch?v=1nqR1ObEQc4

The Ministry of Micro, Small & Medium Enterprises is apprised of the present situation with respect to impact the exports to Russia-Ukraine war on Indian MSMEs to export and is closely monitoring the situation.

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