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How much of Armenia’s trade passes through the Strait of Malacca and Singapore?

In 2024, an estimated $3.2 billion of Armenia’s trade passed through the Strait of Malacca and Singapore, 33.7% of its seaborne trade. That is $1 billion of exports and $2.2 billion of imports. The partners with the most trade through it are China, Russia and Vietnam.

Summary

Estimated value
$3.2billion
Of its seaborne trade
33.7%
Exports
$1billion
Imports
$2.2billion

Trend

Estimated value per year

Armenia’s estimated trade through the Strait of Malacca and Singapore rose 112% between 2019 and 2024

Value in USD billions

  • Armenia 3.2

Source: CEPII BACI

Show the numbers
YearEstimated valueOf its seaborne trade
1995$2 million1.3%
1996$24 million6.2%
1997$80 million10.4%
1998$53 million11.1%
1999$66 million8.7%
2000$69 million10.4%
2001$70 million9.5%
2002$86 million11.9%
2003$107 million11.8%
2004$117 million10.1%
2005$149 million9.8%
2006$275 million14.7%
2007$481 million17.6%
2008$797 million23.2%
2009$676 million24.7%
2010$738 million23%
2011$751 million19.9%
2012$859 million21.1%
2013$944 million23.8%
2014$990 million25.4%
2015$810 million24.8%
2016$792 million23.2%
2017$996 million22.5%
2018$1.2 billion24.2%
2019$1.5 billion27.1%
2020$1.4 billion28.6%
2021$1.8 billion30.3%
2022$2.6 billion28.9%
2023$3.5 billion32.4%
2024$3.2 billion33.7%

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–China$1.8 billion · 56.8%
  2. Armenia–Russia$1 billion · 32.1%
  3. Armenia–Vietnam$114 million · 3.5%
  4. Armenia–Japan$81 million · 2.5%
  5. Armenia–South Korea$58 million · 1.8%
  6. Armenia–Hong Kong$50 million · 1.6%
  7. Armenia–Thailand$41 million · 1.3%
  8. Armenia–Taiwan$9 million · 0.27%
  9. Armenia–Malaysia$4 million · 0.14%

What crosses it

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

  1. Copper ore$438 million · 13.6%
  2. Natural gas and LPG$129 million · 4%
  3. Cars$128 million · 4%
  4. Molybdenum ore$85 million · 2.6%
  5. Monitors and projectors$84 million · 2.6%
  6. Spirits$80 million · 2.5%
  7. Refined petroleum$77 million · 2.4%
  8. Trucks$53 million · 1.7%

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