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Russia's technology imports from East Asia

Author

Listed:
  • Röyskö, Aino
  • Simola, Heli

Abstract

This brief considers the role of East Asian economies in Russia's technology imports. The EU, US and UK have set strict sanctions and export restrictions on Russia in response to the war in Ukraine, while responses from East Asian economies have been mixed. By restricting exports of technology production equipment and inputs, Japan, Korea, Taiwan and Singapore have substantially hindered the availability of certain technology products in Russia. China and most other emerging economies in East Asia have not imposed sanctions on Russia and thus could potentially provide substitutes for Russia for some technology imports restricted by sanctions. There is little evidence so far, however, of any such shift occurring.

Suggested Citation

  • Röyskö, Aino & Simola, Heli, 2022. "Russia's technology imports from East Asia," BOFIT Policy Briefs 6/2022, Bank of Finland Institute for Emerging Economies (BOFIT).
    • Handle: RePEc:zbw:bofitb:62022
    as

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    File URL: https://www.econstor.eu/bitstream/10419/266194/1/1821153170.pdf
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    References listed on IDEAS

    as
    1. Iikka Korhonen & Heli Simola, 2022. "How Important Are Russia's External Economic Links?," Asian Economic Papers, MIT Press, vol. 21(2), pages 1-13, Summer.
    2. Simola, Heli, 2022. "Made in Russia? Assessing Russia's potential for import substitution," BOFIT Policy Briefs 3/2022, Bank of Finland Institute for Emerging Economies (BOFIT).
    3. Simola, Heli, 2022. "Trade sanctions and Russian production," BOFIT Policy Briefs 4/2022, Bank of Finland Institute for Emerging Economies (BOFIT).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Russia; trade; East Asia; sanctions; technology imports;
    All these keywords.

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