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By: SiliconExpert on May 11th, 2022

Live Updates: Russia’s Invasion of Ukraine

How the War in Ukraine is Impacting Global Supply Chain Shortages

A complete coverage of the impact of Russia's invasion of Ukraine on the global electronics manufacturing and distribution market.

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May 11, 2022

Poland & Bulgaria cut off from Russian Gas

  • Russia will halt gas supplies to Poland and Bulgaria after the two countries refused to pay for supplies in the Russian ruble. Both countries receive a substantial amount of their domestic gas consumption from Russia: 45% for Poland and 73% for Bulgaria.  >>Read More
April 8, 2022

New Sanctions against Russian Tech

  • The U.S. Department of Treasury recently issued a new round of sanctions on the Russian Federation in response to its invasion of Ukraine, targeting the technology sector.  >>Read More
March 29, 2022

Russian Gold Banned from London Bullion Market

  • Russian gold and silver refineries have been banned from the largest global trading markets in gold and silver. >>Read More
March 11, 2022

Prices of Raw Materials Skyrocket

  • The price of multiple raw materials, including Crude Oil, Palladium, Nickel, Aluminum, and Copper have skyrocketed to the highest they’ve been in the past decade as a result of Russia’s invasion of Ukraine. >>Read More
March 10, 2022

Raw Materials from Russia Banned, Automakers Impacted

  • The United States has banned the import of oil and other energy sources from Russia.
  • Nickel rose to $25,000 a ton for the first time since 2011.
  • German carmakers Porsche, Volkswagen and BMW, and truckmaker MAN have all curtailed output due to a lack of supplies.
Raw Materials Russia Banned
March 9, 2022

Semiconductor Companies Cut Ties with Russia

  • Global chipmaking companies, including the giant Taiwan Semiconductor Manufacturing Company, have begun to sever ties with Russia. >>Read More
Global Sanctions Against Russia

The United States, The European Union & their allies have enacted sanctions against Russia in response to their Invasion of Ukraine.

  • The United States has imposed an immediate ban on Russian oil and other energy imports in retaliation for Russia’s invasion of Ukraine, the United Kingdom said it would phase out imports by the end of 2022
  • The United States, the European Union, the United Kingdom, and Canada banned certain Russian banks from SWIFT, a global messaging service that connects financial systems, as part of stricter moves to remove Russia from the international finance system
  • The United States has blocked the export of  advanced technology such as semiconductors, telecommunication, encryption security, lasers, sensors, navigation, avionics, and maritime technologies. Some companies started to comply with these sanctions including US chipmakers Intel, AMD, Taiwan’s TSMC, ABB, TT Electronics, and NCAB GROUP
  • The EU has imposed a ban on the sale, supply, transfer, or export to Russia of technologies in oil refining, of aircraft and aircraft parts, and dual-use goods and technology, including semiconductors
Global Supply Chain Impacts

Russia and Ukraine are key to global supply chains, with many U.S.-based firms and European firms having at least one direct (tier-1) supplier in Russia or Ukraine.

  • Oil – Russia supplies over 30% of European Oil & Natural Gas
  • Food – Russia & Ukraine produce a combined 25% of the world’s wheat, as well as a large percentage of barley, and corn.
    Gases – Ukraine is a major supplier of raw gas materials including neon, argon, krypton, and xenon. With nearly 70% of the global market share of neon coming from Ukraine, semiconductor and chip manufacturing will likely suffer.
  • Palladium – Russia exports 35% of the Semiconductor industry’s palladium, a key material in the production of chips
  • Raw Materials – Russia’s share of the global metal market is as follows: Nickel (49%), Palladium (42%), Aluminum (26%), Titanium (30%), Platinum (13%), Steel (7%), and Copper (4%).

For more information on the Russian Invasion of Ukraine and how it could impact your supply chain, download one of our three Insights Reports.