Hong Kong International cargo volumes continue to recover

Monday, 11 December 2023

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Hong Kong International Airport saw its cargo volumes continue to grow in July as it registered a year-on-year improvement for the second month in a row.

The airport saw its cargo volumes increase by 3.8% year on year in July to 361,000 tonnes. 

The increase follows on from an improvement in June, but declines in April and May. 

“Exports contributed the most to the overall increase in cargo volume in July, rising by 12.6% compared to the same month last year,” the airport authority said. “Traffic to and from key trading regions in North America, the Middle East and Europe rose considerably during the month.”

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Over the first seven months of the year, cargo volumes have declined by 4.2% year on year to 2.4m tonnes.

The airport has said its cargo volumes this year have been affected by global economic uncertainties.

Meanwhile, last year’s volumes, particularly over the first few months, were hit by Covid restrictions that limited freighter and bellyhold operations.

There has also been a ban on the transhipment of e-cigarettes through Hong Kong, although that is now in the process of being lifted.

The Hong Kong Association of Freight Forwarding and Logistics (HAFFA) said that the transhipment ban contributed to a 30% decline in airfreight volumes through the airport in January.

Source : www.aircargonews.net

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