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The Iata report for August 2025 global air cargo markets shows:
“Volumes continue to grow even as global trade patterns change," noted Willie Walsh, Iata’s director general. "Air cargo has benefitted from a shift from sea for some high value goods as shippers try to minimise the risk of tariff changes.
"And growth patterns indicate some being diverted away from North America, fueling stronger growth for the Europe–Asia, Within Asia, Africa–Asia, and Middle East–Asia trade lanes. This adaptability is vital as shippers navigate the evolving landscape of US tariff policy.”
Several factors in the operating environment should be noted:
Air freight volumes in August 2025 increased significantly across most major trade corridors. Europe–Asia and Within Asia posted robust double-digit growth, while Middle East–Asia, North America-Europe, and Africa-Asia also saw notable gains. In contrast, Asia–North America, Middle East–Europe and Within Europe recorded declines.
Trade Lane | YOY Growth | Notes | Market Share of Industry |
Asia-North America | -2.2% | 4 consecutive months of decline | 24.4% |
Europe-Asia | +13.0% | 30 consecutive months of growth | 20.5% |
Middle East-Europe | -0.8% | 1 month of decline | 5.7% |
Middle East-Asia | +7.8% | 6 consecutive months of growth | 7.4% |
Within Asia | +12.4% | 22 consecutive months of growth | 7.0% |
Within Europe | -0.9% | 1 month of decline | 2.0% |
North America- Europe | +7.8% | 19 consecutive months of growth | 13.3% |
Africa-Asia | +8.4% | 2 consecutive months of growth | 1.4% |
*Share is based on full-year 2024 CTKs.