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

In 2024, an estimated $18.7 billion of Norway’s trade passed through the Cape of Good Hope, 9.1% of its seaborne trade. That is $7.6 billion of exports and $11.1 billion of imports. The partners with the most trade through it are China, Japan and South Korea.

Summary

Estimated value
$18.7billion
Of its seaborne trade
9.1%
Exports
$7.6billion
Imports
$11.1billion

Trend

Estimated value per year

Norway’s estimated trade through the Cape of Good Hope rose 5,174% between 2019 and 2024

Value in USD billions

  • Norway 18.7

Source: CEPII BACI

Show the numbers
YearEstimated valueOf its seaborne trade
1995$157 million0.3%
1996$176 million0.3%
1997$180 million0.3%
1998$143 million0.3%
1999$122 million0.2%
2000$213 million0.3%
2001$195 million0.3%
2002$209 million0.3%
2003$547 million0.7%
2004$494 million0.5%
2005$719 million0.6%
2006$959 million0.7%
2007$872 million0.6%
2008$1 billion0.5%
2009$560 million0.4%
2010$870 million0.6%
2011$726 million0.4%
2012$856 million0.5%
2013$675 million0.4%
2014$515 million0.3%
2015$431 million0.3%
2016$419 million0.3%
2017$291 million0.2%
2018$370 million0.2%
2019$355 million0.2%
2020$250 million0.2%
2021$309 million0.2%
2022$362 million0.1%
2023$291 million0.1%
2024$18.7 billion9.1%

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. Norway–China$8.9 billion · 47.6%
  2. Norway–Japan$2 billion · 10.9%
  3. Norway–South Korea$1.3 billion · 6.9%
  4. Norway–India$1.2 billion · 6.3%
  5. Norway–Thailand$843 million · 4.5%
  6. Norway–Singapore$569 million · 3%
  7. Norway–United Arab Emirates$550 million · 2.9%
  8. Norway–Vietnam$478 million · 2.6%
  9. Norway–Taiwan$477 million · 2.5%
  10. Norway–Indonesia$321 million · 1.7%

What crosses it

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

  1. Cars$1.6 billion · 8.8%
  2. Crude petroleum$1.4 billion · 7.5%
  3. Fresh fish$1.4 billion · 7.4%
  4. Frozen fish$842 million · 4.5%
  5. Fish fillets$726 million · 3.9%
  6. Dredgers and floating cranes$572 million · 3.1%
  7. Mixed fertilizers$445 million · 2.4%
  8. Seamless steel pipes$309 million · 1.7%
  9. Refined petroleum$274 million · 1.5%
  10. Unwrought nickel$273 million · 1.5%

Reference ports

Oslo (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