# The price of dependence on Russia. The economic consequences of Belarus’s complicity in Russia’s aggression against Ukraine | OSW Centre for Eastern Studies

> Belarus's Q1 2022 GDP contracted 0.4% as Western sanctions expanded over its role in Russia's invasion of Ukraine. The country is losing export markets, struggling to refinance foreign debt, and faces a likely deep recession in 2022.

- Date: 2022-04-29 · published 2022-04-29T12:00:00.000Z
- Category: geopolitics · region Belarus · magnitude low
- Page: https://feedsoft.ai/events/42156-the-price-of-dependence-on-russia-the-economic-consequences-of-belarus-s
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

Sanctions constraining Belarusian potash and other exports reduce global fertilizer supply, which supports potash prices, though the report itself focuses on the broader economic damage.

## Read by commodity

- POTASH: bullish ▲

## Sources

- osw.waw.pl: https://www.osw.waw.pl/en/publikacje/osw-commentary/2022-04-29/price-dependence-russia-economic-consequences-belaruss

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.