There’s no doubt that the war in Ukraine, sanctions against Russia and the ongoing pandemic have caused significant disruptions to supply chains and heightened global economic uncertainty.
Russia and Ukraine are also among the largest global exporters of key agricultural commodities, like wheat, barley and cooking oils.
In Sectors in focus, we break down what these key commodities are and their global footprint. Given the critical needs of countries that rely on these food imports, EDC Economics also looks at what Canada’s agricultural producers may be able to ship, especially after a weak harvest in 2021.
The insightful report also provides an overview of the opportunities and challenges for Canadian businesses in the auto sector, oil and gas industry, services export trade and pharmaceutical sector.