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How much of Armenia’s trade passes through the Strait of Gibraltar?

In 2024, an estimated $6.6 billion of Armenia’s trade passed through the Strait of Gibraltar, 69% of its seaborne trade. That is $2.4 billion of exports and $4.2 billion of imports. The partners with the most trade through it are Russia, China and Germany.

Summary

Estimated value
$6.6billion
Of its seaborne trade
69%
Exports
$2.4billion
Imports
$4.2billion

Trend

Estimated value per year

Armenia’s estimated trade through the Strait of Gibraltar rose 222% between 2019 and 2024

Value in USD billions

  • Armenia 6.6

Source: CEPII BACI

Show the numbers
YearEstimated valueOf its seaborne trade
1995$144 million82.1%
1996$244 million64.3%
1997$397 million51.5%
1998$278 million58.2%
1999$497 million65%
2000$370 million55.8%
2001$415 million55.8%
2002$300 million41.6%
2003$450 million49.6%
2004$664 million57.2%
2005$827 million54.8%
2006$595 million31.7%
2007$778 million28.4%
2008$1.1 billion32.8%
2009$1 billion36.7%
2010$1.2 billion36%
2011$1.4 billion36%
2012$1.5 billion37.6%
2013$1.5 billion37.1%
2014$1.4 billion36.8%
2015$1.2 billion37.6%
2016$1.2 billion35.7%
2017$1.6 billion36.2%
2018$1.9 billion36.5%
2019$2 billion36.4%
2020$1.8 billion36.4%
2021$2.2 billion36.8%
2022$3.6 billion39%
2023$4.1 billion37.8%
2024$6.6 billion69%

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. Armenia–Russia$2.4 billion · 37.1%
  2. Armenia–China$1.5 billion · 23.6%
  3. Armenia–Germany$326 million · 5%
  4. Armenia–Netherlands$192 million · 2.9%
  5. Armenia–Iraq$191 million · 2.9%
  6. Armenia–United States$168 million · 2.6%
  7. Armenia–Belgium$156 million · 2.4%
  8. Armenia–Switzerland$124 million · 1.9%
  9. Armenia–Curaçao$117 million · 1.8%
  10. Armenia–Belarus$112 million · 1.7%

What crosses it

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

  1. Copper ore$389 million · 5.9%
  2. Natural gas and LPG$308 million · 4.7%
  3. Cigarettes and cigars$272 million · 4.1%
  4. Cars$263 million · 4%
  5. Spirits$249 million · 3.8%
  6. Molybdenum ore$210 million · 3.2%
  7. Refined petroleum$208 million · 3.2%
  8. Ferroalloys$184 million · 2.8%
  9. Monitors and projectors$158 million · 2.4%

Reference ports

Batumi (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.

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