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Besides Oil, These Are the Global Commodities That Commonly Cross the Strait of Hormuz

Akbar Ridwan 16/03/2026 17:41 WIB

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According to UNCTAD data, the Strait of Hormuz is an important route for the trade of various global commodities, from oil and gas, to chemical products, dry bulk and grains.

The share of global commodity trade passing through the Strait of Hormuz in the week preceding the war (February 2026)*

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The share of global commodity trade passing through the Strait of Hormuz in the week preceding the war (February 2026)*

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According to data from the United Nations Conference on Trade and Development (UNCTAD), the Strait of Hormuz is an important route for the trade of various global commodities.

In addition to energy commodities, this strait is also commonly used for the shipment of chemical and food products.

A week before the outbreak of the US-Israel war against Iran, crude oil passing through the Strait of Hormuz accounted for 38% of the total global oil trade volume via sea routes.

There are also many liquefied petroleum gases (LPG), liquefied natural gases (LNG), refined oil products, and chemicals, including fertilizers, that are shipped through this strait.

Here are the details of the share of global commodity trade passing through the Strait of Hormuz in the week before the war:

Crude oil: 38% (of the total global trade volume via sea routes)
LPG: 29%
LNG: 19%
Refined oil products: 19%
Chemicals, including fertilizers: 13%
Containers: 2.8%
Dry bulk materials, including grains: 2.4%

However, shipping in the Strait of Hormuz is now disrupted due to the war that broke out since February 28, 2026. According to UNCTAD, the impact could be felt worldwide.

"The chain of impacts it causes extends beyond the region, affecting energy markets, maritime transport, and global supply chains," UNCTAD said in its report Strait of Hormuz Disruptions: Implications for Global Trade and Development (March 2026).

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Besides Oil, These Are the Global Commodities That Commonly Cross the Strait of Hormuz

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Besides Oil, These Are the Global Commodities That Commonly Cross the Strait of Hormuz

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