🌍 Countries Most Affected by a Potential Strait of Hormuz Closure - Kiel Institute

🌍 Countries Most Affected by a Potential Strait of Hormuz Closure - Kiel Institute

1. 🇿🇲 Zambia
2. 🇱🇰 Sri Lanka
3. 🇹🇼 Taiwan
4. 🇵🇰 Pakistan
5. 🇬🇶 Equatorial Guinea
6. 🇰🇪 Kenya
7. 🇧🇩 Bangladesh
8. 🇻🇳 Vietnam
9. 🇵🇭 Philippines
10. 🇹🇭 Thailand

⭕️ A new study by the Kiel Institute for the World Economy highlights how a potential closure of the Strait of Hormuz could severely disrupt global food systems. Sri Lanka ranks 2nd globally, with significant projected increases in food prices due to heavy reliance on imported energy and fertilizer inputs.

⭕️ The ranking is based on projected food price increases under a “full closure, short-run” scenario, using a global trade model that captures how energy supply shocks impact fertilizer production and ultimately food prices.

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