Integrating SMEs into GVCs is an important topic because there are substantial benefits but huge barriers.
The GVCs are undergoing structural transformation: consolidation, convergence, re-shoring, developing economies become major markets, and rising of trade in services and e-commerce.
Agriculture, food processing, automobile, electronics, and handcraft GVCs exhibit different structures and features.
MNCs select SME suppliers based on product attributes, company attributes, and soft strengths.
SWOT analysis identifies sectors with the highest potential to integrate SMEs in GVCs, but region-wide results are only illustrative and not definitive.