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
| Year | Estimated value | Of its seaborne trade |
|---|---|---|
| 1995 | $177 million | 0.2% |
| 1996 | $229 million | 0.3% |
| 1997 | $162 million | 0.2% |
| 1998 | $228 million | 0.3% |
| 1999 | $157 million | 0.2% |
| 2000 | $240 million | 0.3% |
| 2001 | $236 million | 0.3% |
| 2002 | $255 million | 0.3% |
| 2003 | $359 million | 0.3% |
| 2004 | $564 million | 0.4% |
| 2005 | $602 million | 0.4% |
| 2006 | $710 million | 0.4% |
| 2007 | $957 million | 0.5% |
| 2008 | $1 billion | 0.5% |
| 2009 | $610 million | 0.4% |
| 2010 | $837 million | 0.5% |
| 2011 | $755 million | 0.4% |
| 2012 | $865 million | 0.4% |
| 2013 | $763 million | 0.4% |
| 2014 | $666 million | 0.3% |
| 2015 | $659 million | 0.4% |
| 2016 | $467 million | 0.3% |
| 2017 | $580 million | 0.3% |
| 2018 | $667 million | 0.3% |
| 2019 | $601 million | 0.3% |
| 2020 | $450 million | 0.2% |
| 2021 | $536 million | 0.2% |
| 2022 | $601 million | 0.2% |
| 2023 | $674 million | 0.3% |
| 2024 | $26.7 billion | 11.3% |
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.
What crosses it
The products with the highest estimated value in 2024, with their share of the total through the chokepoint.
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.
Keep reading
Sources and method
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- World Bank, Global Shipping Traffic Density · CC BY 4.0 (route network derived by this site)
- World Port Index (NGA) · Public domain (US Government work)
- Natural Earth · Public domain
- Kummu et al., gridded GDP · CC BY 4.0 (split between ports done by this site)
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.