Weak demand leads HKIA to 6.7% tonnage fall in 1H2019

posted on 15th July 2019 by Justin Burns
Weak demand leads HKIA to 6.7% tonnage fall in 1H2019

Hong Kong International Airport (HKIA) has reported that cargo throughput decreased 6.7 per cent to 2.3 million tonnes in the first six months, compared to the same period last year.

The airport said weak demand in all three cargo categories – imports, exports and transshipments – was observed during the period, amid the “uncertain global economic situation”.

Tonnage continued to fall in June, as cargo throughput declined 8.6 per cent to 387,000 tonnes (2018: 424,000 tonnes). The decrease in throughput in June was attributed to weaker performance in transshipments and imports, which dropped by 13 per cent and 11 per cent, respectively.

Amongst the key trading regions, HKIA said that cargo throughput to Southeast Asia and Europe decreased most significantly.

On a 12-month rolling basis, cargo throughput amounted to five million tonnes, a decrease of 3.5 per cent over the same period last year.