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ECONOMY > Trade

Japan’s air cargo exports fall for first time in six years

  • January 22, 2020
  • , Nikkei , p. 20
  • JMH Translation

Japan’s air cargo shipments (consolidated cargo base) dropped 23% on the year to 966,360 tons in 2019, according to data compiled by the Japan Aircargo Forwarders Association (JAFA). This is the first time in six years for a drop to be registered. U.S.-bound shipments of autoparts and machinery were particularly sluggish as a cloud fell on the country’s manufacturing sector amid the U.S.-China trade dispute.

 

U.S.-bound air cargo exports fell 20% on the year to 171,268 tons. Similarly, China-bound shipments, which mainly include electronic parts, fell 23% on the year to 191,998 tons. The declines were likely caused by Japanese firms’ production cuts due to the trade war. (Abridged)

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