Suez Canal
1QuietTransit data to 28 Aug · IMF PortWatch derived, lags a few days
100% of baseline
41 a day against a 12-month average of 41
−4.0%
7-day average 41 transits/day, down 0% vs the trailing 12-month average. Source: IMF PortWatch, data to 2026-08-28.
Compare two weeks
53 weeks held38.1 transits/day in the week to 2025-08-29 (93% of baseline), against 40.9 in the week to 2026-08-28 (100% of baseline) — up 7.3%.
Seven-day averages, sampled weekly, from IMF PortWatch's published daily series, 2025-08-29 to 2026-08-28. One baseline across every week, so a share moves for one reason only. Reconstructed from the published record, not an archive this product watched accumulate.
No disruption episodes in the last 12 months.
The Red Sea's northern exit and the short route between Asia and Europe for containers, crude, and refined products. Like Bab el-Mandeb, disruption reroutes trade around the Cape rather than stopping it: the cost lands in shipping time, fuel, and insurance, and in Egypt's transit revenues.
Daily transit counts against baseline, and Suez Canal Authority pricing moves.
Whether Red Sea security conditions are pulling traffic off the route upstream at Bab el-Mandeb.
Container spot rates on Asia-Europe lanes, the cleanest price of the detour.