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

In 2024, an estimated $11 billion of the Philippines’ trade passed through the Cape of Good Hope, 7.8% of its seaborne trade. That is $3.8 billion of exports and $7.2 billion of imports. The partners with the most trade through it are Brazil, the Netherlands and Germany.

Summary

Estimated value
$11billion
Of its seaborne trade
7.8%
Exports
$3.8billion
Imports
$7.2billion

Trend

Estimated value per year

The Philippines’ estimated trade through the Cape of Good Hope rose 619% between 2019 and 2024

Value in USD billions

  • Philippines 11

Source: CEPII BACI

Show the numbers
YearEstimated valueOf its seaborne trade
1995$336 million1.2%
1996$640 million1.9%
1997$435 million1.2%
1998$254 million0.9%
1999$286 million0.9%
2000$191 million0.6%
2001$235 million0.7%
2002$324 million1%
2003$424 million1.2%
2004$618 million1.6%
2005$630 million1.4%
2006$742 million1.5%
2007$1.1 billion1.9%
2008$1.3 billion1.9%
2009$960 million1.8%
2010$1 billion1.5%
2011$1.3 billion1.6%
2012$1.3 billion1.6%
2013$1.9 billion2.1%
2014$1.8 billion1.9%
2015$1.7 billion2%
2016$1.2 billion1.3%
2017$1.2 billion1.1%
2018$1.4 billion1.2%
2019$1.5 billion1.3%
2020$1.5 billion1.5%
2021$1.9 billion1.5%
2022$2.6 billion1.7%
2023$2.4 billion1.7%
2024$11 billion7.8%

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. Philippines–Brazil$2.4 billion · 21.8%
  2. Philippines–Netherlands$1.8 billion · 16.2%
  3. Philippines–Germany$1.1 billion · 9.6%
  4. Philippines–Spain$898 million · 8.2%
  5. Philippines–France$687 million · 6.2%
  6. Philippines–Italy$596 million · 5.4%
  7. Philippines–Argentina$340 million · 3.1%
  8. Philippines–Belgium$324 million · 2.9%
  9. Philippines–Nigeria$266 million · 2.4%

What crosses it

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

  1. Coconut and palm kernel oil$777 million · 7.1%
  2. Pork$677 million · 6.1%
  3. Iron ore$565 million · 5.1%
  4. Natural gas and LPG$385 million · 3.5%
  5. Frozen beef$329 million · 3%
  6. Spirits$247 million · 2.3%
  7. Poultry meat$240 million · 2.2%
  8. Wheat$237 million · 2.2%

Reference ports

Manila (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