Hong Kong International Airport sees cargo volumes drop

Hong Kong International, the biggest cargo airport in the world, saw a double-digit volume fall in 2017 as a result of the economy and COVID regulations.

In all, the airport handled 4.2 million tonnes of cargo in 2022, a 16.4% decrease from the previous year.

According to the Airport Authority Hong Kong (AAHK), supply chain interruptions, geopolitical unrest, and global economic uncertainty all continue to have an effect on cargo volumes.

When compared to the same month last year, import and export cargoes fell by 33% and 26%, respectively, year over year.

Southeast Asia, North America, and Europe all saw a large decline in cargo volume throughout the month, according to HKIAA.

Covid limitations, which restricted passenger operations and consequently bellyhold quantities, also had an impact on volumes.