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

In 2024, an estimated $6.7 billion of Uruguay’s trade passed through the Cape of Good Hope, 38.5% of its seaborne trade. That is $3.3 billion of exports and $3.5 billion of imports. The partners with the most trade through it are China, India and South Korea.

Summary

Estimated value
$6.7billion
Of its seaborne trade
38.5%
Exports
$3.3billion
Imports
$3.5billion

Trend

Estimated value per year

Uruguay’s estimated trade through the Cape of Good Hope rose 38% between 2019 and 2024

Value in USD billions

  • Uruguay 6.7

Source: CEPII BACI

Show the numbers
YearEstimated valueOf its seaborne trade
1995$624 million20%
1996$741 million19.6%
1997$830 million21.5%
1998$697 million17.9%
1999$700 million19.5%
2000$739 million20.2%
2001$636 million18.6%
2002$549 million19.3%
2003$605 million17.1%
2004$946 million18.4%
2005$1.1 billion18%
2006$1.4 billion19.9%
2007$1.6 billion21.2%
2008$2.6 billion25%
2009$2.3 billion26%
2010$3 billion27%
2011$3.9 billion29.9%
2012$4.3 billion29.4%
2013$5.3 billion35.3%
2014$5.2 billion35.8%
2015$4.7 billion36.7%
2016$3.8 billion33.4%
2017$4.9 billion37.9%
2018$4.9 billion35.5%
2019$4.9 billion38.8%
2020$4 billion35.3%
2021$6.3 billion39.8%
2022$6.9 billion37%
2023$6 billion35%
2024$6.7 billion38.5%

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. Uruguay–China$5 billion · 75%
  2. Uruguay–India$324 million · 4.8%
  3. Uruguay–South Korea$323 million · 4.8%
  4. Uruguay–Thailand$165 million · 2.4%
  5. Uruguay–Japan$125 million · 1.9%
  6. Uruguay–Vietnam$102 million · 1.5%
  7. Uruguay–Oman$100 million · 1.5%
  8. Uruguay–Bangladesh$67 million · 1%
  9. Uruguay–Indonesia$67 million · 0.99%
  10. Uruguay–Singapore$61 million · 0.9%

What crosses it

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

  1. Chemical wood pulp$1.2 billion · 18.2%
  2. Frozen beef$664 million · 9.9%
  3. Soybeans$358 million · 5.3%
  4. Refined petroleum$255 million · 3.8%
  5. Cars$211 million · 3.1%
  6. Auto parts$168 million · 2.5%
  7. Tanned cattle hides$152 million · 2.3%
  8. Edible offal$151 million · 2.2%
  9. Polyethers, polyesters and epoxy resins$118 million · 1.8%
  10. Logs$108 million · 1.6%

Reference ports

Montevideo (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