From CSIS External Relations <[email protected]>
Subject By The Numbers: Trade and the Taiwan Strait, Israel-Hezbollah Conflict, OPEC Spare Capacity, and More
Date October 13, 2024 3:06 PM
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Each week, we'll share with you some of the most compelling numbers in our studies.

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$2.45 trillion

New research from CSIS estimates that approximately $2.45 trillion worth of goods—over one-fifth of global maritime trade—transited the Taiwan Strait in 2022.



SOURCE: "Crossroads of Commerce: How the Taiwan Strait Propels the Global Economy" by CSIS's Matthew P. Funaiole, Brian Hart, David Peng, and Bonny Lin with Jasper Verschuur.

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4.5 times

The number of violent incidents related to the Israel-Hezbollah conflict increased 4.5 times in the last week of September from the weekly average between October 7, 2023, and August 31, 2024.



SOURCE: "Escalating to War between Israel, Hezbollah, and Iran" by CSIS's Daniel Byman, Seth G. Jones, and Alexander Palmer.

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5 million

The International Energy Agency estimates that OPEC+ has more than 5 million barrels per day of spare capacity, reassuring markets even as tensions rise between Israel and Iran.



SOURCE: "Experts React: Energy Implications of Escalating Middle East Conflict" by CSIS's Kevin Book, Ben Cahill, Adi Imsirovic, Raad Alkadiri, Kunro Irié, and Leslie Palti-Guzman.

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80 percent

While the Africa Growth and Opportunity Act remains a defining program of the U.S. relationship with Africa, its benefits are unevenly distributed: over 80 percent of AGOA benefits accrue to only 5 countries.



SOURCE: What U.S. Elections Could Mean for Africa" by CSIS's Cameron Hudson.

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By the Numbers is composed weekly by Lauren Adler and the External Relations team.

The Center for Strategic and International Studies (CSIS) is a bipartisan, nonprofit organization founded in 1962 and headquartered in Washington, D.C. It seeks to advance global security and prosperity by providing strategic insights and policy solutions to decisionmakers.

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