Global air cargo volumes rose by 4% in October compared to the same month last year, according to the latest analysis by Xeneta. The increase came despite slower demand between Europe and North America, which fell by 6%. Analysts warned that the decline on this important route could be a sign of tougher times ahead for the global trade market, which directly affects India’s export and import flows as well.

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Global air cargo volumes up 4% in October amid shifting trade trends
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Global air cargo volumes up 4% in October amid shifting trade trends

Europe–North America slowdown and lower rates may impact India’s exports as Asia–Europe trade lanes strengthen.

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