TRADE

Ukraine crisis: Where is trade most likely to be disrupted in the military industry?

Fujitsu and Honeywell International are leading the way for artificial intelligence investment among top aerospace, defence and security companies according to our analysis of a range of GlobalData data.

Russia's invasion of Ukraine has large-scale implications for trade in the defence industry, according to analysis by GlobalData.

Hypersonic technologies

The Russian invasion of Ukraine has had large knock-on effects on global trade. Energy prices have spiked, and the sharp rise in wheat has prompted fears of a food crisis.

Although rising energy prices already have a knock-on effect on many industries, oil, gas and wheat aren’t the only items traded out of Russia and Ukraine. Many nearby nations will also be feeling direct supply chain disruption in other industries, including the military industry.

Trade with Ukraine has become more difficult as supply lines have been blocked, and many industries have struggled due to bombings and a lack of labour as people have fled the country or joined the military.

Many countries and companies have also ceased trading with Russia, either due to sanctions or business choices. However, not all countries will have ceased trading.

Military trade with Russia and Ukraine

Not including trade between the two nations, within the defence sector, around 0.1% of global imports of arms and ammunition, parts and accessories thereof comes from Ukraine. Looking at global exports to Russia, the most-traded commodities are arms and ammunition, parts and accessories thereof (0.3%).

Which countries' military industry could be most affected?

When it comes to the military industry, the country that has the largest proportion of imports from Ukraine is Georgia, at 99.1% of the country’s military industry imports worldwide, followed by Mongolia (5.7%), and the United Arab Emirates (3.5%).

The countries that import the most from Russia are Georgia (75.7%), Angola (44.3%), and Egypt (25.4%).

Methodology

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01/25/2024 23:59:47

JOBS

Big data hiring levels in the air force industry rose in March 2022

Hiring for big data related jobs in the air force industry increased over last year, according to analysis by GlobalData.

Hypersonic technologies

The proportion of air force equipment and technologies companies hiring for big data related positions rose in March 2022 compared with the equivalent month last year, with 81.8% of the companies included in our analysis recruiting for at least one such position.

This latest figure was higher than the 80% of companies who were hiring for big data related jobs a year ago, but a decrease compared to the figure of 84.8% in February 2022.

When it came to the rate of all job openings that were linked to big data, related job postings dropped in March 2022, with 14% of newly posted job advertisements being linked to big data.

This latest figure was an increase compared to the 13.3% of newly advertised jobs that were linked to big data in the equivalent month a year ago.

Big data is one of the topics that GlobalData, from whom our data for this article is taken, has identified as being a key disruptive force facing companies in the coming years. Companies that excel and invest in these areas now are thought to be better prepared for the future business landscape and better equipped to survive unforeseen challenges.

Global hot spots for military robotics hiring

Our analysis of the data shows that air force equipment and technologies companies are currently hiring for big data jobs at a rate higher than the average for all companies within GlobalData's job analytics database. The average among all companies stood at 8.2% in March 2022.

GlobalData's job analytics database tracks the daily hiring patterns of thousands of companies across the world, drawing in jobs as they're posted and tagging them with additional layers of data on everything from the seniority of each position to whether a job is linked to wider industry trends.

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