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China Freight Traffic Civil Aviation

Price

750,000 Ton
Change +/-
+20,000 Ton
Percentage Change
+2.70 %

The current value of the Freight Traffic Civil Aviation in China is 750,000 Ton. The Freight Traffic Civil Aviation in China increased to 750,000 Ton on 6/1/2024, after it was 730,000 Ton on 5/1/2024. From 7/1/1983 to 7/1/2024, the average GDP in China was 275,167.03 Ton. The all-time high was reached on 2/1/2024 with 1.3 M Ton, while the lowest value was recorded on 2/1/1984 with 6,000 Ton.

Source: National Bureau of Statistics of China

Freight Traffic Civil Aviation

  • 3 years

  • 5 years

  • 10 years

  • 25 Years

  • Max

Cargo Aviation

Freight Traffic Civil Aviation History

DateValue
6/1/2024750,000 Ton
5/1/2024730,000 Ton
4/1/2024680,000 Ton
3/1/2024710,000 Ton
2/1/20241.3 M Ton
12/1/2023743,680 Ton
11/1/2023719,220 Ton
10/1/2023674,710 Ton
9/1/2023702,210 Ton
8/1/2023636,420 Ton
1
2
3
4
5
...
50

Similar Macro Indicators to Freight Traffic Civil Aviation

NameCurrentPreviousFrequency
🇨🇳
Arms Sales
2.432 B SIPRI TIV2.083 B SIPRI TIVAnnually
🇨🇳
Capital Flows
-74.429 B USD-46.636 B USDQuarter
🇨🇳
Car Exports
479,247 412,769 Monthly
🇨🇳
Crude Oil Production
4,273 BBL/D/1K4,249 BBL/D/1KMonthly
🇨🇳
Current Account
39.2 B USD56.192 B USDQuarter
🇨🇳
Current Account Goods
121.309 B USD151.143 B USDQuarter
🇨🇳
Current Account Services
-61.226 B USD-56.695 B USDQuarter
🇨🇳
Current Account to GDP
1.5 % of GDP2.2 % of GDPAnnually
🇨🇳
Direct investment liabilities
17.668 B USD-11.753 B USDQuarter
🇨🇳
Exports
302.35 B USD292.45 B USDMonthly
🇨🇳
Exports of Electric Vehicles
142,355 113,391 Monthly
🇨🇳
Exports YoY
8.7 %7 %Monthly
🇨🇳
Foreign debt
2.448 T USD2.453 T USDAnnually
🇨🇳
Foreign Direct Investment YoY
-28.2 %-27.9 %Monthly
🇨🇳
Foreign Direct Investments
49.73 B USD49.7 B USDMonthly
🇨🇳
Freight Traffic Highways
3.582 B Ton3.55 B TonMonthly
🇨🇳
Freight Transport
4.807 B Ton4.811 B TonMonthly
🇨🇳
Gold reserves
2,264.32 Tonnes2,262.45 TonnesQuarter
🇨🇳
Imports
219.73 B USD220.15 B USDMonthly
🇨🇳
Imports YoY
0.5 %7.2 %Monthly
🇨🇳
Inland Waterways Freight Transport
792.14 M Ton833 M TonMonthly
🇨🇳
Rail Freight Transport
432.29 M Ton428 M TonMonthly
🇨🇳
Terrorism Index
0.582 Points0 PointsAnnually
🇨🇳
Tourist arrivals
13.78 M 0 Annually
🇨🇳
Trade Balance
82.62 B USD72.35 B USDMonthly
🇨🇳
Trading Conditions
92.49 points93.35 pointsMonthly

What is Freight Traffic Civil Aviation?

Freight Traffic Civil Aviation: Understanding Its Role and Impact in the Global Economy Freight traffic within the realm of civil aviation serves as a fundamental pillar of the global supply chain, enabling swift and secure transportation of goods across vast distances. As the backbone of international trade, this category within macroeconomic analysis offers vital insights into the health, efficiency, and dynamics of global markets. Freight traffic in civil aviation, often referred to as air cargo or air freight, encompasses the movement of goods and commodities via aircraft. This sector is instrumental for industries that require fast delivery, such as pharmaceuticals, electronics, perishables, and high-value shipments. Despite representing a relatively small fraction of overall freight tonnage when compared to maritime or land transportation, it accounts for a substantial portion of the value of global trade due to the high economic value of the transported goods. The significance of air freight traffic extends beyond mere transportation. It directly influences inventory management practices, allowing businesses to reduce warehousing costs and streamline supply chains with just-in-time delivery models. Air cargo facilitates global manufacturing practices, enabling companies to source components from multiple geographic locations and bringing finished products to markets in a timely manner. One of the primary advantages of air freight is speed. Aircraft can bridge the gap between continents in a matter of hours, a key factor for the transportation of goods that are time-sensitive or perishable. Additionally, civil aviation networks have extensive coverage, reaching remote and landlocked regions that lack sufficient infrastructure for other modes of transport. Air transportation ensures that essential goods, from vaccines to emergency supplies, are delivered where they are needed most, often in life-saving contexts. Another critical aspect of air freight traffic in civil aviation is its role in economic resilience. The ability to rapidly mobilize and transport goods became particularly evident during the COVID-19 pandemic. As global supply chains faced unprecedented disruptions, air freight proved indispensable in the distribution of medical supplies, personal protective equipment, and vaccines. This adaptability underscores the sector’s strategic importance in crisis management and economic stability. From a macroeconomic perspective, the performance of the air freight industry serves as a barometer for global trade health. Tracking metrics such as cargo tonnage, load factors, and capacity utilization provides valuable insights into trade flows, production cycles, and economic activity. Fluctuations in air freight traffic can reflect broader economic trends, such as shifts in consumer demand, industrial production, and international trade policies. Moreover, air freight is a significant generator of economic activity in its own right. The sector supports a vast ecosystem that includes airports, airlines, freight forwarders, ground handling agencies, and logistics providers. This network creates employment opportunities and stimulates local economies, especially in regions hosting major air cargo hubs. Technological innovation is rapidly transforming the air freight industry. Advances in aircraft design, such as the development of larger and more fuel-efficient freighters, enhance the capacity and sustainability of air cargo operations. The integration of digital technologies, including the Internet of Things (IoT), big data analytics, and blockchain, is revolutionizing cargo tracking, enhancing transparency, and improving operational efficiency. These technological advancements ensure that the industry keeps pace with growing demand and evolving customer expectations. Environmental sustainability is an increasingly critical issue for the air freight sector. The aviation industry, as a whole, is under scrutiny for its carbon footprint and environmental impact. Air cargo carriers are investing in greener technologies and adopting sustainable practices to mitigate their environmental impact. Initiatives such as the use of sustainable aviation fuels (SAF), improved flight operations, and investments in electric or hybrid aircraft are steps towards reducing the industry’s carbon emissions. Regulatory frameworks and international agreements, such as the International Civil Aviation Organization’s (ICAO) Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), are also shaping the sector’s approach to sustainability. The economic interplay between demand and capacity is a central theme in air freight dynamics. Supply chain disruptions, geopolitical tensions, and shifts in global trade policies can lead to volatility in air cargo demand. Airlines must navigate these fluctuations by aligning their fleet capabilities and operational strategies with market conditions. The ability to adapt to changing economic environments is crucial for maintaining profitability and ensuring service reliability. The competitive landscape of the air freight industry is another important factor. Major players include dedicated cargo airlines, integrated express operators, and passenger airlines with significant belly cargo operations. Strategic alliances, mergers, and acquisitions are common as companies seek to expand their market reach, optimize network efficiencies, and enhance service offerings. Competitive differentiation often hinges on factors such as network connectivity, reliability, technological innovation, and customer service excellence. In conclusion, freight traffic in civil aviation is a complex and dynamic sector with profound implications for the global economy. Its role in facilitating swift and secure transportation of high-value goods is critical to the functioning of modern supply chains and international trade. As industries evolve and the demand for timely delivery of goods increases, the significance of air freight traffic continues to grow. The sector's capacity to adapt to technological advancements, environmental challenges, and economic fluctuations underscores its indispensable position in the global macroeconomic landscape. For stakeholders including policymakers, businesses, and investors, understanding the intricacies of air freight traffic provides a valuable perspective on broader economic trends and opportunities. Through continued innovation and strategic foresight, the air freight industry is poised to uphold its vital role in global commerce and economic development.