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

In 2024, an estimated $14.5 billion of Finland’s trade passed through the Cape of Good Hope, 14.1% of its seaborne trade. That is $7 billion of exports and $7.5 billion of imports. The partners with the most trade through it are China, Japan and Australia.

Summary

Estimated value
$14.5billion
Of its seaborne trade
14.1%
Exports
$7billion
Imports
$7.5billion

Trend

Estimated value per year

Finland’s estimated trade through the Cape of Good Hope rose 3,795% between 2019 and 2024

Value in USD billions

  • Finland 14.5

Source: CEPII BACI

Show the numbers
YearEstimated valueOf its seaborne trade
1995$127 million0.3%
1996$115 million0.3%
1997$138 million0.3%
1998$131 million0.3%
1999$155 million0.4%
2000$127 million0.3%
2001$153 million0.3%
2002$154 million0.3%
2003$190 million0.3%
2004$257 million0.4%
2005$224 million0.3%
2006$409 million0.5%
2007$449 million0.5%
2008$482 million0.5%
2009$316 million0.5%
2010$612 million0.7%
2011$763 million0.8%
2012$899 million1.1%
2013$964 million1.1%
2014$887 million1%
2015$460 million0.6%
2016$586 million0.8%
2017$345 million0.4%
2018$366 million0.4%
2019$372 million0.5%
2020$354 million0.4%
2021$453 million0.4%
2022$620 million0.5%
2023$481 million0.4%
2024$14.5 billion14.1%

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. Finland–China$7 billion · 48.6%
  2. Finland–Japan$1.1 billion · 7.6%
  3. Finland–Australia$1 billion · 6.9%
  4. Finland–India$948 million · 6.5%
  5. Finland–South Korea$940 million · 6.5%
  6. Finland–Indonesia$491 million · 3.4%
  7. Finland–Vietnam$383 million · 2.6%
  8. Finland–South Africa$347 million · 2.4%
  9. Finland–Thailand$324 million · 2.2%
  10. Finland–Taiwan$300 million · 2.1%

What crosses it

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

  1. Chemical wood pulp$1.2 billion · 8.6%
  2. Batteries$950 million · 6.6%
  3. Cars$611 million · 4.2%
  4. Nickel ore$381 million · 2.6%
  5. Cargo and cruise ships$345 million · 2.4%
  6. Pulp and papermaking machinery$329 million · 2.3%
  7. Sawn wood$322 million · 2.2%
  8. Refined petroleum$279 million · 1.9%
  9. Transformers and power supplies$277 million · 1.9%
  10. Nickel matte$228 million · 1.6%

Reference ports

Helsinki (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.

Other chokepoints it uses

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