Russia's War on Ukraine - Impact and Consternation from an Industry Perspective

The Russian attack on Ukraine is a political and economic watershed. In response to the Russian incursion, the EU and its partners imposed the most far-reaching sanctions ever enacted by the international community. The overall economic consequences of the Ukraine war have been widely discussed, but what are the detailed effects of the conflict on individual industries? What links do important industries in Germany maintain with Russia and Ukraine? What is the importance of both countries as export markets, but also as suppliers of raw materials and intermediate inputs? And how are the industries now dealing with the severely restricted trade relations? These and other questions are addressed by our ifo experts for a number of sectors.