This is my area of expertise actually.
tl:dr; yes, you are shitting out microparticles of shit.
So, let's talk about smell. Smells are from odorants, which are molecules which elicit the "smell". For an odorant to be perceived by the nose, it has to make physical contact with the receptor to then trigger the perception of "I smell this".
ANYTHING you smell, you are inhaling the actual substance, albeit in small amounts.
>but bernd, I smell only farts, not shit!
You really think that the shit that's smearing against your intestines and sphincter and whatever else, that requires you to wipe up with toilet paper / shower clean because it sticks, somehow doesn't have a single particle that comes loose when forceful air whistles by? lol