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

In 2024, an estimated $83.5 billion of Vietnam’s trade passed through the Cape of Good Hope, 21.3% of its seaborne trade. That is $64.9 billion of exports and $18.6 billion of imports. The partners with the most trade through it are the United States, Germany and Brazil.

Summary

Estimated value
$83.5billion
Of its seaborne trade
21.3%
Exports
$64.9billion
Imports
$18.6billion

Trend

Estimated value per year

Vietnam’s estimated trade through the Cape of Good Hope rose 725% between 2019 and 2024

Value in USD billions

  • Vietnam 83.5

Source: CEPII BACI

Show the numbers
YearEstimated valueOf its seaborne trade
1995$76 million0.7%
1996$139 million1%
1997$197 million1.2%
1998$142 million0.9%
1999$126 million0.7%
2000$164 million0.6%
2001$211 million0.8%
2002$202 million0.6%
2003$347 million0.9%
2004$521 million1%
2005$867 million1.4%
2006$965 million1.3%
2007$1.3 billion1.4%
2008$2.2 billion1.8%
2009$2.2 billion2.2%
2010$3 billion2.5%
2011$4.1 billion2.8%
2012$4.1 billion2.6%
2013$5.3 billion3.3%
2014$6.6 billion3.7%
2015$7.4 billion3.9%
2016$7.6 billion3.9%
2017$9.3 billion4%
2018$9.1 billion3.7%
2019$10.1 billion3.9%
2020$10.2 billion4%
2021$13 billion4.1%
2022$13.5 billion3.6%
2023$12.8 billion3.7%
2024$83.5 billion21.3%

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. Vietnam–United States$24.9 billion · 29.8%
  2. Vietnam–Germany$9.9 billion · 11.8%
  3. Vietnam–Brazil$5.6 billion · 6.7%
  4. Vietnam–United Kingdom$5 billion · 5.9%
  5. Vietnam–Netherlands$4.8 billion · 5.7%
  6. Vietnam–France$4.6 billion · 5.5%
  7. Vietnam–Spain$3.8 billion · 4.5%
  8. Vietnam–Argentina$3.6 billion · 4.3%
  9. Vietnam–Italy$3.5 billion · 4.2%
  10. Vietnam–Poland$2.3 billion · 2.7%

What crosses it

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

  1. Textile footwear$4.4 billion · 5.3%
  2. Leather footwear$3.3 billion · 3.9%
  3. Furniture$3 billion · 3.6%
  4. Computer and office machine parts$2.9 billion · 3.5%
  5. Rubber and plastic footwear$2.4 billion · 2.9%
  6. Coconuts, Brazil nuts and cashews$2.3 billion · 2.8%
  7. Corn$2.3 billion · 2.8%
  8. Coffee$2.3 billion · 2.8%
  9. Seats and chairs$2.1 billion · 2.6%
  10. Soybean meal and pellets$2 billion · 2.4%

Reference ports

Phu My (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.

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