The Effects of the Ukraine-Russia War on the Problem of Energy Resources and Agricultural Products Reflections on World and Türkiye Trade
The Effects of the Ukraine-Russia War on the Problem of Energy Resources and Agricultural Products Reflections on World and Türkiye Trade

Summary/Abstract: The Soviet Union, which had underground and surface riches, disintegrated at the end of 1991. 15 republics within the Union gained their independence. However, disagreements arose among some newly independent republics in terms of ethnic structure and borders. One of these is the escalation of tensions between Ukraine and Russia into a war. The war between the two countries has negative effects on global and Türkiye trade, especially on the region and developed European countries. The aim of this study is to analyse the impact of the war between Ukraine and Russia on energy resources and agricultural product imports of the world and European countries as well as Turkey. In the study, it is seen that Ukraine and Russia have significant shares in the world energy resources and agricultural products exports. In particular, it has been found that European Union countries and Türkiye are dependent on Russia in terms of energy resources, while Ukraine is dependent on Ukraine in terms of agricultural products. In addition, the war between the two countries has negative repercussions on the world and Türkiye economies.

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