The Russian invasion of Ukraine has had large knock-on effects on global trade. Energy prices have spiked, and the sharp rise in wheat has prompted fears of a food crisis.

Although rising energy prices already have a knock-on effect on many industries, oil, gas and wheat aren’t the only items traded out of Russia and Ukraine. Many nearby nations will also be feeling direct supply chain disruption in other industries, including the military industry.

Trade with Ukraine has become more difficult as supply lines have been blocked, and many industries have struggled due to bombings and a lack of labour as people have fled the country or joined the military.

Many countries and companies have also ceased trading with Russia, either due to sanctions or business choices. However, not all countries will have ceased trading.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

What are the main commodities traded with Russia and Ukraine in the military industry?

Not including trade between the two nations, within the defence sector, around 0.1% of global imports of arms and ammunition, parts and accessories thereof comes from Ukraine. Looking at global exports to Russia, the most-traded commodities are arms and ammunition, parts and accessories thereof (0.3%).

Which countries' military industry could be most affected by the war?

When it comes to the military industry, the country that has the largest proportion of imports from Ukraine is Georgia, at 99.1% of the country’s military industry imports worldwide, followed by Mongolia (5.7%), and the United Arab Emirates (3.5%).

The countries that import the most from Russia are Georgia (75.7%), Angola (44.3%), and Egypt (25.4%).