Lucknow, Sept. 13 -- Amid efforts under the leadership of Chief Minister Yogi Adityanath to establish Uttar Pradesh as a major centre for industrial development, investment, and exports, the state's exports to BRICS and its partner countries are highlighting its economic strength.
According to the available export profile, Uttar Pradesh has exported goods worth a total of Rs.47,484 crore to BRICS member countries and partner countries. This accounts for 23.7 percent of the state's total exports of approximately Rs.2 lakh crore. This includes exports worth Rs.34,811 crore to BRICS member countries and Rs.12,673 crore to partner countries.
The BRICS Summit being held in New Delhi under India's presidency is providing an opportunity to give new direction to cooperation, trade, and economic partnership among the world's leading emerging economies. At such a time, the markets of BRICS countries hold special significance for Uttar Pradesh, as these countries have large populations, rising consumer demand, and extensive requirements for industrial products.
Uttar Pradesh is already exporting food products, electrical equipment, machinery, garments, jewellery, leather goods, and other industrial products. Expanding trade relations with BRICS and partner countries can open new opportunities for small, medium, and large enterprises in the state.
The BRICS group currently comprises 11 member countries. These include Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, Saudi Arabia, the United Arab Emirates, and Indonesia. In addition, Belarus, Bolivia, Cuba, Kazakhstan, Malaysia, Nigeria, Thailand, Uganda, Uzbekistan, and Vietnam are included as partner countries. The presence of Uttar Pradesh's products in these countries reflects the state's export potential and industrial diversity. It also demonstrates that exporters from Uttar Pradesh are not dependent solely on traditional markets but are also establishing themselves in emerging markets across Asia, Africa, West Asia, and Latin America.
Among BRICS member countries, the United Arab Emirates is Uttar Pradesh's largest export market. The state exported goods worth Rs.15,133 crore to the UAE, accounting for 43.5 percent of total exports to BRICS member countries. This was followed by exports of Rs.4,938 crore to Saudi Arabia, Rs.3,848 crore to Egypt, Rs.2,670 crore to Indonesia, Rs.2,497 crore to China, Rs.2,209 crore to Brazil, Rs.1,690 crore to South Africa, Rs.1,584 crore to Russia, Rs.131 crore to Iran, and Rs.110 crore to Ethiopia. Markets such as the UAE and Saudi Arabia are important for Uttar Pradesh's food, agriculture-based, and industrial products. At the same time, large markets such as China, Russia, Brazil, and South Africa strengthen the prospects for expanding exports of machinery, electrical equipment, textiles, and other products from the state.
Among BRICS partner countries, Vietnam and Malaysia are major export markets for Uttar Pradesh. Exports from the state to Vietnam stood at Rs.5,949 crore, accounting for 46.9 percent of total exports to partner countries. Exports to Malaysia amounted to Rs.3,740 crore, representing a share of 29.5 percent.
In addition, exports worth Rs.1,339 crore were made to Uzbekistan, Rs.733 crore to Thailand, Rs.730 crore to Nigeria, Rs.114 crore to Uganda, Rs.49 crore to Kazakhstan, Rs.10 crore to Bolivia, and Rs.8 crore to Belarus. Countries such as Vietnam, Malaysia, and Uzbekistan offer significant opportunities for Uttar Pradesh's food products, machinery, electrical equipment, leather products and other industrial goods.
Major products exported to BRICS member countries include electrical machinery and equipment worth Rs.3,894 crore, garments and clothing accessories worth Rs.2,527 crore, machinery and mechanical equipment worth Rs.2,494 crore, and precious and semi-precious stones, metals, and jewellery worth Rs.2,378 crore. In addition, exports to partner countries included electrical machinery and equipment worth Rs.928 crore, machinery and mechanical equipment worth Rs.539 crore, aluminium and related products worth Rs.302 crore, and leather and leather products worth Rs.280 crore.
Under the leadership of Chief Minister Yogi Adityanath, emphasis is being placed on industrial investment, improved connectivity, ease of doing business, employment generation, and export promotion in Uttar Pradesh. Connecting traditional industries and modern industrial units located across various districts of the state with global markets is an important step in this direction.
Uttar Pradesh has a strong base in agriculture-based industries, food processing, textiles, leather, electrical equipment, machinery, jewellery, and other manufacturing sectors. This export performance in BRICS and partner country markets indicates that products from the state are establishing their place internationally. Strengthening quality standards, modern packaging, logistics, testing facilities, branding, and international trade processes will be important for increasing exports. This can help the state's MSMEs, export-oriented units, and local products gain greater access to global markets.
Published by HT Digital Content Services with permission from Millennium Post.