United

Kiwi cargo up in value, down in weight

Saturday, 21 June 2008
THE WEIGHT of air-freighted export cargo from New Zealand fell by 2.3 per cent in the year ended June 2007.  But Statistics New Zealand notes in its annual report on cargo data that the value of this cargo traffic grew by almost five per cent.

One reason for the difference is an export air cargo skew towards high-value commodities.

By weight, the most air-freighted commodity group was fish, crustaceans and molluscs.  The largest contributor to this group was salmon, according to Statistics NZ, with two thirds of all exports air-freighted.  Air cargo accounted for only 6.6 per cent of fish, crustacean and mollusc exports by weight, but 22.4 per cent by value.

The weight of import cargo unloaded at New Zealand airports decreased slightly in the 12-month period, accounting for 0.6 per cent of the total cargo.  Its value increased, however, by almost five per cent, similar to export value.
But air freight’s proportion of the total import cargo by value decreased to 21.1 per cent from 21.5 per cent the previous year.

Mechanical machinery and equipment was the largest component of air-freighted exports by both weight and value.  The drop in total weight was led by vegetables, primarily tomatoes, while electrical machinery and equipment contributed the most to the increase by value.

Sea-freighted cargo clawed back some of the gain in export value achieved in recent years by the air cargo sector, accounting for 84.9 per cent of the total.  This was back up to the level seen in 2002, having fallen below 84 per cent in three of the four intervening years.

Cargo loaded for export at seaports increased both in weight (5.3 per cent) and value (9.1 per cent).  Import cargo unloaded at seaports rose 2.1 per cent in weight and 7.4 per cent in value.

HACTL
Cathay Cargo
United

Kiwi cargo up in value, down in weight

Saturday, 21 June 2008
THE WEIGHT of air-freighted export cargo from New Zealand fell by 2.3 per cent in the year ended June 2007.  But Statistics New Zealand notes in its annual report on cargo data that the value of this cargo traffic grew by almost five per cent.

One reason for the difference is an export air cargo skew towards high-value commodities.

By weight, the most air-freighted commodity group was fish, crustaceans and molluscs.  The largest contributor to this group was salmon, according to Statistics NZ, with two thirds of all exports air-freighted.  Air cargo accounted for only 6.6 per cent of fish, crustacean and mollusc exports by weight, but 22.4 per cent by value.

The weight of import cargo unloaded at New Zealand airports decreased slightly in the 12-month period, accounting for 0.6 per cent of the total cargo.  Its value increased, however, by almost five per cent, similar to export value.
But air freight’s proportion of the total import cargo by value decreased to 21.1 per cent from 21.5 per cent the previous year.

Mechanical machinery and equipment was the largest component of air-freighted exports by both weight and value.  The drop in total weight was led by vegetables, primarily tomatoes, while electrical machinery and equipment contributed the most to the increase by value.

Sea-freighted cargo clawed back some of the gain in export value achieved in recent years by the air cargo sector, accounting for 84.9 per cent of the total.  This was back up to the level seen in 2002, having fallen below 84 per cent in three of the four intervening years.

Cargo loaded for export at seaports increased both in weight (5.3 per cent) and value (9.1 per cent).  Import cargo unloaded at seaports rose 2.1 per cent in weight and 7.4 per cent in value.

HACTL
Cathay Cargo
HACTL
Cathay Cargo