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How much of Armenia’s trade passes through the Cape of Good Hope?

In 2024, an estimated $3.2 billion of Armenia’s trade passed through the Cape of Good Hope, 34% of its seaborne trade. That is $1.1 billion of exports and $2.1 billion of imports. The partners with the most trade through it are China, Russia and Iraq.

Summary

Estimated value
$3.2billion
Of its seaborne trade
34%
Exports
$1.1billion
Imports
$2.1billion

Trend

Estimated value per year

Armenia’s estimated trade through the Cape of Good Hope, 1995–2024

Value in USD billions

  • Armenia 3.2

Source: CEPII BACI

Show the numbers
YearEstimated valueOf its seaborne trade
1995$00%
1996$00%
1997$00%
1998$00%
1999$00%
2000$00%
2001$00%
2002$00%
2003$00%
2004$00%
2005$00%
2006$00%
2007$00%
2008$00%
2009$00%
2010$00%
2011$00%
2012$00%
2013$00%
2014$00%
2015$00%
2016$00%
2017$00%
2018$00%
2019$00%
2020$00%
2021$00%
2022$00%
2023$00%
2024$3.2 billion34%

Partners whose trade crosses it

Estimated value of its trade with each partner that crosses the chokepoint; the percentage is the share of all its trade through the chokepoint, not of the pair’s trade.

  1. Armenia–China$1.5 billion · 47.8%
  2. Armenia–Russia$876 million · 27%
  3. Armenia–Iraq$191 million · 5.9%
  4. Armenia–India$98 million · 3%
  5. Armenia–Vietnam$97 million · 3%
  6. Armenia–Japan$69 million · 2.1%
  7. Armenia–South Korea$49 million · 1.5%
  8. Armenia–Indonesia$43 million · 1.3%
  9. Armenia–Hong Kong$42 million · 1.3%

What crosses it

The products with the highest estimated value in 2024, with their share of the total through the chokepoint.

  1. Copper ore$372 million · 11.5%
  2. Cigarettes and cigars$247 million · 7.6%
  3. Cars$112 million · 3.5%
  4. Natural gas and LPG$110 million · 3.4%
  5. Refined petroleum$82 million · 2.5%
  6. Molybdenum ore$73 million · 2.2%
  7. Monitors and projectors$72 million · 2.2%
  8. Spirits$69 million · 2.1%

Reference ports

Batumi (100%)

Each port with the weight it receives from the country’s trade, based on where its GDP is generated and which coast is closest.

Sources and method

Sources and licenses

Methodology

We estimate the value crossing each chokepoint from BACI trade that travels by sea according to our mode heuristic, split between each country’s ports by where its GDP is generated and which coast is closest, and routed over our own sea network. It is an estimate, not a count of ships. It covers 99.9% of seaborne trade. The approach follows Verschuur, Lumma and Hall (Nature Communications, 2025). Data up to 2024.

All maritime chokepoints