Daily global trade volume by select shipping routes
Seven-day rolling average, in metric tons; Oct. 1, 2023, to March 19, 2024
The multiple line chart shows the trade volume across two shipping routes due to the ongoing Red Sea conflict: Suez Canal and Cape of Good Hope. The trade volume across Cape of Good Hope has increased while the Suez Canal trade volume has decreased.
The globe (on the bottom left ) shows the new route via Cape of Good Hope and the old route via Suez Canal. The new route typically takes 10 to 14 days longer for cargo ships and tanker ships.