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

In 2024, an estimated $10.1 billion of Portugal’s trade passed through the Cape of Good Hope, 8.6% of its seaborne trade. That is $2.4 billion of exports and $7.7 billion of imports. The partners with the most trade through it are China, South Korea and India.

Summary

Estimated value
$10.1billion
Of its seaborne trade
8.6%
Exports
$2.4billion
Imports
$7.7billion

Trend

Estimated value per year

Portugal’s estimated trade through the Cape of Good Hope rose 1,527% between 2019 and 2024

Value in USD billions

  • Portugal 10.1

Source: CEPII BACI

Show the numbers
YearEstimated valueOf its seaborne trade
1995$225 million0.7%
1996$241 million0.7%
1997$228 million0.6%
1998$267 million0.7%
1999$235 million0.6%
2000$279 million0.7%
2001$282 million0.7%
2002$294 million0.7%
2003$301 million0.6%
2004$355 million0.6%
2005$386 million0.6%
2006$413 million0.6%
2007$493 million0.6%
2008$691 million0.8%
2009$611 million0.9%
2010$482 million0.6%
2011$528 million0.6%
2012$530 million0.6%
2013$835 million1%
2014$727 million0.8%
2015$773 million1%
2016$590 million0.8%
2017$610 million0.7%
2018$640 million0.6%
2019$621 million0.7%
2020$588 million0.7%
2021$646 million0.6%
2022$780 million0.7%
2023$692 million0.6%
2024$10.1 billion8.6%

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. Portugal–China$4.6 billion · 46%
  2. Portugal–South Korea$964 million · 9.5%
  3. Portugal–India$960 million · 9.5%
  4. Portugal–Japan$584 million · 5.8%
  5. Portugal–Vietnam$345 million · 3.4%
  6. Portugal–South Africa$334 million · 3.3%
  7. Portugal–Taiwan$326 million · 3.2%
  8. Portugal–Mozambique$250 million · 2.5%
  9. Portugal–Australia$248 million · 2.5%
  10. Portugal–Pakistan$202 million · 2%

What crosses it

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

  1. Diodes, transistors and solar cells$574 million · 5.7%
  2. Cars$503 million · 5%
  3. Cargo and cruise ships$488 million · 4.8%
  4. Coated flat steel$300 million · 3%
  5. Refined petroleum$282 million · 2.8%
  6. Hot-rolled flat steel$276 million · 2.7%
  7. New tires$226 million · 2.2%
  8. Auto parts$193 million · 1.9%
  9. Bags, suitcases and cases$156 million · 1.6%
  10. Cotton yarn$134 million · 1.3%

Reference ports

Sines (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