Food security vulnerability due to trade dependencies on Russia and Ukraine

Abstract

The Russian invasion of Ukraine is disrupting global agricultural commodity markets, creating pressure on wheat supplies and stocks and consequently on food prices. The wider effects are felt around the world due to the dependencies inherent to global trade. But how to assess the vulnerability of countries food security and how to deal with it? To assess for which countries food security is at risk, dependencies along with a set of coping capacity indicators to absorb shocks need to be identified. Addressing vulnerabilities at this scale requires a global food security approach, because the food security of vulnerable countries depends on measure taken by other countries, together with a holistic approach to water, energy and food security. The Russian invasion brings to the fore the need to reassess the socio-economic value of agriculture and open trade, in terms of food security for stability in vulnerable regions.

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