Description
The new research profiles Russia and Ukraine to ascertain stress points for MIO regions.Despite a GDP of over$1.7 trillion,Russia is considered an‘emerging economy’due to its small manufacturing base.However,since the largest companies in Russia are energy suppliers,the country is considered an‘energy superpower’.Escalating fuel prices,which will impact Europe far more severely than the USA,are an obvious fallout from the conflict.Ukraine on the other hand had a GDP of just over$155 billion in 2020 according to the IMF,of which just over 30%was industrial production.Ukraine produces 70%of the world’s Neon–a key input in semiconductor production–and half of Ukrainian Neon is from Odessa and Mariupol.Since both these cities are key Russian targets,we expect one fallout of the conflict to be severe increases in the price of Neon.This will be a further big problem for the already beleaguered chip industry,which will turn to cheaper suppliers in China for relief.
这项新的研究对俄罗斯和乌克兰进行了剖析，以确定制造业产出地区的压力点。尽管国内生产总值超过1.7万亿美元，但由于其制造业基础较小，俄罗斯被视为“新兴经济体”。不过由于俄罗斯最大的公司是能源供应商，该国被视为“能源超级大国”。不断攀升的燃料价格是这场冲突的明显后果，它对欧洲的影响远比美国严重。另一方面，根据国际货币基金组织的数据，乌克兰2020年的国内生产总值刚刚超过1550亿美元，其中30%以上是工业生产。乌克兰生产世界70%的氖气——半导体生产的关键原料——乌克兰一半的氖气来自敖德萨和马里乌波尔。由于这两个城市都是俄罗斯的主要目标，我们预计冲突的一个后果是氖气价格的大幅上涨。对于已经陷入困境的芯片行业来说，这将是一个更大的问题，该行业将转向中国更廉价的供应商寻求帮助。
