Winners and losers of the Ukrainian crisis.
In recent months, some statistics and comments indicate that the US has benefited greatly during the Ukraine crisis, that unlike the US, Europe is the main loser of the said crisis.
In this connection, Hungarian Prime Minister Viktor Orbán has recently emphasized his position on the current war between Russia and Ukraine, stating that in this war Europe is the only loser and America is the only winner.
Orban emphasized that “the European Union does not have the courage to admit that the sanctions policy it has applied against Moscow was wrong, and Hungary is not capable enough to change the position of larger countries, and the sanctions against Russia, although ineffective, will probably remain in force. stayed.”
Orban previously said that Europe blocked Russia’s energy because of its ally, the United States, and had to pay 5 or 10 times more for energy, and this has fueled inflation.
What was the benefit of the war in Ukraine for America?
The Ukraine crisis has been profitable for America in many ways, including the sale of weapons, gas, grain, and an excuse to join NATO.
1. Lucrative arms market.
According to last year’s report of the “Stockholm International Peace Research Institute” (SIPRI), the United States of America is the largest arms exporter in the world. The share of arms exports from America in the world between 2011-2015 was 32%, which increased to 37% between 2016-2020.
About 47 percent of American weapons are exported to the Middle East, while Saudi Arabia is at the top of the list of American weapons importers. About 24% of all US arms exports go to Saudi Arabia.
2. Selling grain especially wheat, to the European Union
Gas is not the only profitable market for the Ukraine war for America, the other market is food and especially the wheat market. Before the war, Russia and Ukraine were the first and fifth exporters of wheat in the world, respectively. However, the economic sanctions imposed against Russia and the conflicts in Ukraine led to a decrease in the exports of these two countries, and as a result, an unprecedented increase in the price of wheat. So that the price of this grain went from 200 euros per ton in April 2021 to 400 euros in 2022.
The French newspaper “Le Figaro” in a report referring to the US benefit from the food and grain market affected by the war in Ukraine, quoted the US Department of Agriculture as saying: “The demand for purchases from the European Union is still high and this continent cannot meet its needs from imports through Ukraine to provide. In this way, America, the second exporter of wheat in the world, will respond to Europe’s needs the most.
