Trade Exposure & Industry Impact
How the Hormuz crisis ripples through global industries
Regional Oil Import Dependency
| Country | bbl/day | Hormuz Dependency | Risk Level |
|---|---|---|---|
| Japan | 3.1M | 88% | CRITICAL |
| Saudi Arabia | 7.2M | 95% | CRITICAL |
| South Korea | 2.1M | 73% | CRITICAL |
| India | 2.5M | 64% | HIGH |
| China | 4.0M | 40% | HIGH |
| Singapore | 1.1M | 85% | HIGH |
| Taiwan | 0.9M | 72% | HIGH |
| Thailand | 0.8M | 65% | MODERATE |
| European Union | 1.8M | 14% | MODERATE |
| Australia | 0.4M | 35% | MODERATE |
| United States | 0.5M | 5% | LOW |
| Brazil | 0.3M | 8% | LOW |
Industry Supply Chain Pathways
How the Hormuz disruption cascades through key industries
Oil Refining
Feedstock shortage forces throughput cuts. Refineries designed for Gulf crude struggle to process alternative grades. Margins compressed between rising input costs and demand destruction.
Shipping
Container rates +180% as Cape detour ties up vessels. Global container shortage as ships delayed on longer routes. Insurance costs make many routes unprofitable.
Petrochemicals
Naphtha and ethylene feedstock prices surge. Asian petrochemical producers (South Korea, Japan) face existential margin pressure. End-product prices rising through supply chain.
LNG & Gas
No pipeline bypass for LNG. Qatar force majeure triggers global gas price surge. European energy transition plans disrupted as alternative LNG sources maxed out.
Agriculture
Fertilizer prices surge (natural gas is key feedstock). Food production costs rising globally. Developing nations most affected by food price inflation.
Aviation
Jet fuel prices tracking crude upward. Airlines facing 30-50% fuel cost increases. Flight reductions on unprofitable routes. Air cargo rates surging.
Pharmaceuticals
Petrochemical-derived active ingredients facing supply constraints. Temperature-controlled shipping disrupted. Generic drug manufacturing margins squeezed.
Electronics
Semiconductor manufacturing energy costs rising. Supply chain delays for components shipped through affected routes. Manufacturing margin pressure in East Asia.