Indicator citation card

Suez Canal trade-volume change

-50 % YoY · first two months of 2024 vs. 2023 (IMF PortWatch)

stale snapshot — review recommended · reviewed as of June 5, 2026
Value-50 % YoY
Periodfirst two months of 2024 vs. 2023 (IMF PortWatch)
As ofFebruary 29, 2024
Last reviewedJune 5, 2026
Confidencemedium
Data modelive · source-linked
Citation readinesshigh readiness

Note

IMF, drawing on the IMF/Oxford PortWatch platform, reported that the volume of trade transiting the Suez Canal fell by about 50% year over year in the first two months of 2024, while trade rerouted around the Cape of Good Hope rose by an estimated 74%. A dated point-in-time estimate, not real-time; a manual review against fresher PortWatch data is recommended.

Version history

This observation is byte-present in 151 frozen dataset versions, from v1.37.0 to v1.187.0. Appearances are derived from committed frozen payloads only — not fabricated for versions that predate the full-payload store.

Full record history: records/observation--obs-shipping-risk-suez/data.json · per-version field diffs: /changes/compare.

Relationships & machine-readable

Indicator JSON (with a relationship graph): indicators/obs-shipping-risk-suez/data.json · source page: IMF PortWatch — Red Sea Attacks Disrupt Global Trade · per-record provenance.

How to cite

Suez Canal trade-volume change: -50 % YoY (first two months of 2024 vs. 2023 (IMF PortWatch)), International Monetary Fund, via Warconomy. https://warconomy.com/indicators/obs-shipping-risk-suez. Source-linked, manually maintained; not real-time.

Machine-readable: data.json · source registry · full page.