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

In 2024, an estimated $18.2 billion of Greece’s trade passed through the Cape of Good Hope, 16.4% of its seaborne trade. That is $3.2 billion of exports and $15 billion of imports. The partners with the most trade through it are China, Iraq and South Korea.

Summary

Estimated value
$18.2billion
Of its seaborne trade
16.4%
Exports
$3.2billion
Imports
$15billion

Trend

Estimated value per year

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

Value in USD billions

  • Greece 18.2

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$18.2 billion16.4%

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. Greece–China$6.5 billion · 35.8%
  2. Greece–Iraq$4.7 billion · 25.6%
  3. Greece–South Korea$2 billion · 10.8%
  4. Greece–India$943 million · 5.2%
  5. Greece–Russia$454 million · 2.5%
  6. Greece–United Arab Emirates$369 million · 2%
  7. Greece–Malaysia$334 million · 1.8%
  8. Greece–Indonesia$324 million · 1.8%
  9. Greece–Japan$277 million · 1.5%
  10. Greece–Turkmenistan$275 million · 1.5%

What crosses it

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

  1. Crude petroleum$4 billion · 22%
  2. Refined petroleum$2.5 billion · 13.9%
  3. Cargo and cruise ships$865 million · 4.8%
  4. Unwrought aluminum$659 million · 3.6%
  5. Natural gas and LPG$466 million · 2.6%
  6. Cars$248 million · 1.4%
  7. Air conditioners$214 million · 1.2%
  8. Motorcycles$209 million · 1.2%
  9. Transformers and power supplies$178 million · 0.98%

Reference ports

Piraeus (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