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

In 2024, an estimated $12.5 billion of Finland’s trade passed through the Strait of Malacca and Singapore, 12.1% of its seaborne trade. That is $5.5 billion of exports and $7 billion of imports. The partners with the most trade through it are China, Japan and South Korea.

Summary

Estimated value
$12.5billion
Of its seaborne trade
12.1%
Exports
$5.5billion
Imports
$7billion

Trend

Estimated value per year

Finland’s estimated trade through the Strait of Malacca and Singapore rose 45% between 2019 and 2024

Value in USD billions

  • Finland 12.5

Source: CEPII BACI

Show the numbers
YearEstimated valueOf its seaborne trade
1995$4.1 billion9.9%
1996$4.4 billion10.5%
1997$4.6 billion10.7%
1998$4.3 billion9.8%
1999$4 billion9.5%
2000$4.5 billion10.1%
2001$4.7 billion10.3%
2002$4.8 billion10.4%
2003$6.3 billion11.5%
2004$7.8 billion12.1%
2005$7.9 billion11.5%
2006$9.4 billion11.4%
2007$11.2 billion11.6%
2008$12.1 billion11.4%
2009$8.5 billion12.1%
2010$10.4 billion12.7%
2011$10.2 billion11.2%
2012$11.5 billion13.4%
2013$11.3 billion12.5%
2014$11.1 billion12.1%
2015$9.6 billion12.1%
2016$9.8 billion12.5%
2017$11 billion12.7%
2018$12.2 billion12.8%
2019$8.6 billion10.3%
2020$12.1 billion13.9%
2021$14.9 billion13.9%
2022$17.3 billion14.2%
2023$13.8 billion12.5%
2024$12.5 billion12.1%

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. Finland–China$8.3 billion · 66.5%
  2. Finland–Japan$1.3 billion · 10.4%
  3. Finland–South Korea$1.1 billion · 8.9%
  4. Finland–Vietnam$451 million · 3.6%
  5. Finland–Thailand$382 million · 3.1%
  6. Finland–Taiwan$353 million · 2.8%
  7. Finland–Singapore$203 million · 1.6%
  8. Finland–Australia$133 million · 1.1%
  9. Finland–Philippines$111 million · 0.89%
  10. Finland–Mongolia$50 million · 0.4%

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$1.3 billion · 10.7%
  2. Batteries$1.1 billion · 9%
  3. Cars$697 million · 5.6%
  4. Sawn wood$354 million · 2.8%
  5. Nickel ore$327 million · 2.6%
  6. Nickel matte$268 million · 2.2%
  7. Pulp and papermaking machinery$259 million · 2.1%
  8. Transformers and power supplies$256 million · 2.1%
  9. Steel structures$213 million · 1.7%
  10. Electric motors and generators$194 million · 1.6%

Reference ports

Helsinki (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