The first three months of 2013 show a 1.1 percent year-over-year increase in imports and a 3.6 percent decrease in exports handled by Hong Kong Air Cargo Terminals Ltd.
In March 2013, Hactl handled 56.6 million kg of air cargo imports, 1.6 percent less than March 2012, but 33.3 percent more than in February. Imports in the first three months of 2013 totaled 153.4 million kg.
Hactl handled 124.8 million kg of exports in March, down 8.9 percent from March 2012. Despite the year-over-year drop, the tonnage was 63.4 percent higher than in February. Exports in the first three months of 2013 totaled 315.7 million kg.
“February has always been a traditional slower month due to the extended Chinese New Year holiday. After adjusting for the seasonal factor, the overall first-quarter figures were satisfactory. Looking into the second quarter, we expect that it will be at best flat compared to 2012 as slow economic recovery persists,” said Mark Whitehead, chief executive of Hactl.