Summary
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Air cargo data reviewed in late July 2026 showed Hong Kong-Europe tonnages, a core cross-border e-commerce corridor, falling around 20% over three weeks and returning to levels last seen at the end of March, following the European Union's 1 July removal of its EUR 150 duty-free threshold for low-value imports. WorldACD recorded a 12% week-on-week drop on the lane in the first full week of July after declines of 7% and 2% in the two preceding weeks. Taiwan-Europe tonnages moved the other way, surging roughly 20% over the same period on AI-related computer equipment, while global average air cargo rates sat near $3.00 per kilo, still up 23% year on year.