Title: The economic impact of the Ukraine-Russia war on international trade

Authors: Masihullah Nemat; Imranullah Mateen

Addresses: School of Business and Economics, Åbo Akademi University, Vänrikinkatu 3B, 20500 Turku, Finland ' Symbiosis International University, Lavale, Mulshi, Pune, Maharashtra, 412115, India

Abstract: This study explores the financial implications of the Ukraine-Russia conflict on global commerce and trade, with a particular focus on supply chain disruptions, transformations in transportation infrastructure, and shifts in international trade regulations. The conflict has precipitated substantial changes in trade strategies, international relations, and mechanisms of economic cooperation. A qualitative analysis of secondary data was undertaken using a descriptive methodology, through which key themes were identified - including economic repercussions, adaptive strategies, changes in export-import dynamics, supply chain restructuring, and the evolving landscape of global trade. Findings indicate that companies have encountered significant operational and financial challenges, prompting a shift toward more resilient and adaptable strategic models. The study highlights the critical role of international risk mitigation frameworks in navigating post-conflict trade environments. Key outcomes include the diversification of supplier bases, increased investment in technological innovation, and the reinforcement of regional trade agreements. These measures aim to buffer against the adverse effects of geopolitical disruptions and ensure long-term trade stability.

Keywords: Ukraine-Russia war; trade relations; economic policy; regulatory changes; gravity model; comparative advantage; trade patterns; policy implications; economic impact; gross domestic product; GDP; technological innovation; supply chain management; import-export strategies.

DOI: 10.1504/IJGE.2025.150828

International Journal of Green Economics, 2025 Vol.19 No.3, pp.256 - 278

Received: 18 Nov 2024
Accepted: 12 May 2025
Published online: 23 Dec 2025 *

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