Incheon’s cargo volumes on the rise in May

South Korea’s Incheon airport recorded a 7.7% year on year rise in May’s cargo volumes to 238,000 tonnes, helped by the “gradual recovery” in the Asian country’s core exports, such as semiconductors.
A spokesperson for the airport authority said: “The volume of cargo bound for the Americas (+12.7%), Europe (+5,4%) and Southeast Asia (+13.7%) recorded a drastic increase over the same period last year.
“As for the volume of cargo bound for Japan, which had recorded a poor performance last year, a robust growth of 9.6% was reported, contributing to overall growth.”
Looking at the volume of cargo bound for China, Incheon recorded a 3.8% year-on-year decrease, with the airport citing “the stricter attitude adopted by Chinese customs authorities, supposedly in retaliation of the deployment of THAAD in South Korea”.
THAAD is a  US Army anti-ballistic missile defense system which may be installed in South Korea in response to continued ballistic missile tests by North Korea.

Share this story

Related Topics

Latest asia news

Westbound Logistics continues to expand in China

By Rebecca Jeffrey

Westbound Logistics has opened a new office in Qingdao as part of its ongoing expansion in China. The new facility…

Read More

Share this story

AAPA: air cargo demand “declined markedly” in October

By Rebecca Jeffrey

International air cargo demand “declined markedly” in October, said the Association of Asia Pacific Airlines (AAPA). The association said October’s…

Read More

Share this story

China’s Ezhou Huahu Airport launches first all-cargo air route

By Rebecca Jeffrey

China’s Ezhou Huahu Airport has launched its first all-cargo air route, linking Ezhou with Shenzhen in south China’s Guangdong Province….

Read More

Share this story