India’s air cargo exports to the United States have taken a sharp downturn following the steep tariff hike imposed by Washington at the end of August, according to the latest weekly figures from WorldACD Market Data.

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India–US air exports dive after tariff hike, Europe demand rises
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India–US air exports dive after tariff hike, Europe demand rises

India–US air exports plunged after tariffs jumped to 50%, while flows to Europe and Sri Lanka showed resilience.

Worldwide air cargo tonnages rebounded in May with a four percent month-on-month (MoM) increase, according to the latest weekly figures and analysis from WorldACD Market Data.

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Worldwide air cargo tonnages rebound +4% MoM in May
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Worldwide air cargo tonnages rebound +4% MoM in May

Average rates in May were lower on both MoM (-4%) and YoY (-3%) basis.

Preliminary air cargo figures for April indicate that worldwide tonnages for the month were up by six percent year on year (YoY), driven by a +10 percent YoY increase from Asia Pacific origins as U.S. importers adjust to big changes in China-US trade rules.

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Air cargo tonnages up +6% in April on Asia Pacific push
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Air cargo tonnages up +6% in April on Asia Pacific push

Overall worldwide rates in April of $2.43 per kilo were stable compared with the previous month and the previous year.

Global air cargo rates and demand edged slightly upwards in the second full week of March, with Middle East & South Asia (MESA) the only major origin region registering a drop in tonnages, according to the latest weekly figures from WorldACD Market Data.

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Air cargo rates and demand continue on upward trend
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Air cargo rates and demand continue on upward trend

Average worldwide rates of $2.37 per kilo rose 3% WoW in week 11, taking them 2% above their level this time last year.

Full-month data for February suggest a weakening China to the USA air cargo market compared with China to Europe as shippers adjust to the fast-changing policies and statements of the new Trump administration.

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China to U.S. market weakens in February
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China to U.S. market weakens in February

China and Hong Kong to U.S. average spot rates of $3.80 per kilo in February declined 9% YoY.