The Russian air transportation industry was expected to see numerous challenges due to the Western sanctions imposed due to the war in Ukraine, according to a study from June 2022. Factors like high import dependence, low possibility of restoring supply chains and partnerships, low funding, and workforce issues were estimated to bring additional risks to the sector. To compare, in oil production, available funding, labor force, and the influence of the government were identified as factors contributing to the industry's economic resilience, while import dependence, supply chain disruptions, and a reduction of supplies to existing partners were expected to have a mixed impact because Russia could redirect its oil exports to other countries.
Impact of selected factors on resilience of economy in Russia as of June 2022, by industry
The following factors were analyzed by the source:
- Level of import dependence;
- Possibility of keeping existing or building up new supply chains;
- Possibilities of attracting funding;
- Keeping existing supply markets;
- Availability and qualification of workforce;
- Impact of the state.
The source specified that the following industries were not included in the study: finance, science, public management, education, healthcare, national security, and some industries of the real sector that require additional analysis.
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National Credit Ratings. (June 15, 2022). Impact of selected factors on resilience of economy in Russia as of June 2022, by industry [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1314545/russian-economy-resilience-factors-by-industry/
National Credit Ratings. "Impact of selected factors on resilience of economy in Russia as of June 2022, by industry." Chart. June 15, 2022. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1314545/russian-economy-resilience-factors-by-industry/
National Credit Ratings. (2022). Impact of selected factors on resilience of economy in Russia as of June 2022, by industry. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1314545/russian-economy-resilience-factors-by-industry/
National Credit Ratings. "Impact of Selected Factors on Resilience of Economy in Russia as of June 2022, by Industry." Statista, Statista Inc., 15 Jun 2022, https://www.statista.com/statistics/1314545/russian-economy-resilience-factors-by-industry/
National Credit Ratings, Impact of selected factors on resilience of economy in Russia as of June 2022, by industry Statista, https://www.statista.com/statistics/1314545/russian-economy-resilience-factors-by-industry/ (last visited December 22, 2024)
Impact of selected factors on resilience of economy in Russia as of June 2022, by industry [Graph], National Credit Ratings, June 15, 2022. [Online]. Available: https://www.statista.com/statistics/1314545/russian-economy-resilience-factors-by-industry/