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

In 2024, an estimated $26.7 billion of Sweden’s trade passed through the Cape of Good Hope, 11.3% of its seaborne trade. That is $11.8 billion of exports and $14.9 billion of imports. The partners with the most trade through it are China, India and South Korea.

Summary

Estimated value
$26.7billion
Of its seaborne trade
11.3%
Exports
$11.8billion
Imports
$14.9billion

Trend

Estimated value per year

Sweden’s estimated trade through the Cape of Good Hope rose 4,347% between 2019 and 2024

Value in USD billions

  • Sweden 26.7

Source: CEPII BACI

Show the numbers
YearEstimated valueOf its seaborne trade
1995$177 million0.2%
1996$229 million0.3%
1997$162 million0.2%
1998$228 million0.3%
1999$157 million0.2%
2000$240 million0.3%
2001$236 million0.3%
2002$255 million0.3%
2003$359 million0.3%
2004$564 million0.4%
2005$602 million0.4%
2006$710 million0.4%
2007$957 million0.5%
2008$1 billion0.5%
2009$610 million0.4%
2010$837 million0.5%
2011$755 million0.4%
2012$865 million0.4%
2013$763 million0.4%
2014$666 million0.3%
2015$659 million0.4%
2016$467 million0.3%
2017$580 million0.3%
2018$667 million0.3%
2019$601 million0.3%
2020$450 million0.2%
2021$536 million0.2%
2022$601 million0.2%
2023$674 million0.3%
2024$26.7 billion11.3%

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. Sweden–China$11.8 billion · 44.2%
  2. Sweden–India$2.2 billion · 8%
  3. Sweden–South Korea$1.9 billion · 7%
  4. Sweden–Japan$1.7 billion · 6.5%
  5. Sweden–Australia$1.4 billion · 5.4%
  6. Sweden–Taiwan$751 million · 2.8%
  7. Sweden–Indonesia$665 million · 2.5%
  8. Sweden–South Africa$628 million · 2.3%
  9. Sweden–Vietnam$623 million · 2.3%
  10. Sweden–Thailand$610 million · 2.3%

What crosses it

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

  1. Cars$1.8 billion · 6.6%
  2. Batteries$1.1 billion · 4.2%
  3. Auto parts$1.1 billion · 4.1%
  4. Refined petroleum$759 million · 2.8%
  5. Trucks$584 million · 2.2%
  6. Coated paper$547 million · 2.1%
  7. Iron ore$442 million · 1.7%
  8. Chemical wood pulp$428 million · 1.6%
  9. Sawn wood$361 million · 1.4%

Reference ports

Gothenburg (53%) and Stockholm (47%)

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