The authors of this CSC Working Paper analyze the vulnerabilities of global value chains in a context of increasing political fragmentation.ica and overlapping crises, with a particular focus on strategic sectors for the green and digital transitions. Critical industry dependencies in the European Union and individual Member States are identifiedicabased on multiple factors: the concentration of imports, the trade balance, the risk profiles of supplier countries, the substitutability with domestic, European or other major global exporter products.
The analysis, based on bilateral trade data for over 5.000 products, highlights the structural difficulty in diversifyingicare the sources of supply and the impicastrategic actions for Europe in comparison with China and the United States.
