Skip to content

Manufacturing · Supply Chain

EU €3 tariff cuts Asia-Europe air cargo 24% in 5 weeks

Freighter capacity into Europe dropped 14% month-on-month in July 2026, equaling 18 fewer widebody flights daily, following the EU’s €3 customs duty on parcels under €150 introduced 1 July. Hong Kong–Europe air cargo volumes plunged 24% year-on-year by mid-July, with five straight weekly declines. Tonnages from mainland China fell 10% YoY; combined China–Hong Kong volumes to Europe dropped 11% YoY across weeks 26–29. Vietnam and Thailand saw 9% and 11% YoY declines respectively. A €2 handling fee takes effect 1 November 2026, ahead of the EU Customs Data Hub launch in 2028.

Original source: aircargonews.net

EU €3 tariff cuts Asia-Europe air cargo 24% in 5 weeks
📋 本文要点

Freighter capacity into Europe dropped 14% month-on-month in July 2026, equaling 18 fewer widebody flights daily, following the EU’s €3 customs duty on parcels under €150 introduced 1 July. Hong Kong–Europe air cargo volumes plunged 24% year-on-year by mid-July, with five straight weekly declines. Tonnages from mainland China fell 10% YoY; combined China–Hong Kong volumes to Europe dropped 11% YoY across weeks 26–29. Vietnam and Thailand saw 9% and 11% YoY declines respectively. A €2 handling fee takes effect 1 November 2026, ahead of the EU Customs Data Hub launch in 2028.

According to www.aircargonews.net, freighter capacity and air cargo volumes from Asia Pacific to Europe dropped sharply following the EU’s introduction of a €3 customs duty on low-value parcels on 1 July 2026 — with Hong Kong–Europe tonnages falling 24% year-on-year by mid-July.

Freighter capacity declines across major European airports

Daily average freighter capacity from the Asia Pacific and Middle East & South Asia into Europe fell 14% in July versus June, equivalent to 18 fewer widebody freighter flights per day, according to Aevean. The aviation consulting firm attributed the drop directly to the new EU customs regime. Airport-level data revealed steep contractions: capacity declined 46% at Budapest, 33% at Madrid, 24% at Milan, and 16% at Liège. Frankfurt and Schiphol registered more moderate reductions of 11–12%, while Paris-Charles de Gaulle was the sole top-10 airport to post growth — up 9%.

Hong Kong and mainland China volumes collapse

WorldACD Market Data confirmed that air cargo tonnages from Hong Kong to Europe were down more than 20% by mid-July compared with both last year and early June. Chargeable weight from Hong Kong to Europe fell a further 5% in week 29 (13–19 July), marking the fifth consecutive week-on-week decline. That brought Hong Kong–Europe volumes to 24% below the equivalent week in 2025. Averaged across weeks 26 to 29, tonnages were down 18% year-on-year — based on over 500,000 weekly transactions tracked by WorldACD.

Tonnages from mainland China to Europe fell 2% week-on-week in week 29, after dropping 9% the prior week — resulting in a 10% year-on-year decline. Across weeks 26–29, volumes from China to Europe were down 8% year-on-year. Combined tonnages for China and Hong Kong to Europe over those four weeks were down 11% year-on-year, while the rest of the global market recorded 5% year-on-year growth in the same period.

Regional ripple effects and upcoming fees

The impact extended beyond China and Hong Kong. In week 29, air cargo tonnages from Vietnam and Thailand to Europe were down 9% and 11% year-on-year, respectively. Overall chargeable weight from Asia Pacific to Europe declined 13% year-on-year in both weeks 28 and 29 — driven primarily by losses from China and Hong Kong. This contributed to an overall 15% year-on-year drop in APAC–Europe air cargo volumes, as reported on 20 July 2026.

The EU’s new import rules — effective 1 July 2026 — eliminated the previous ‘de minimis’ exemption for parcels valued below €150 and introduced a fixed €3 fee per item, plus new customs reporting requirements. A separate €2 handling fee per consignment is scheduled to take effect on 1 November 2026, intended to bridge the gap until the EU Customs Data Hub launches in 2028. Some EU member states have already begun implementing parallel local fees and requirements.

“Freighter capacity into Europe is thinning out this summer, with the EU €3 customs duty for low-value parcels as key driver.” — Aevean

“The steep drop in tonnages from China to Europe during that time, particularly from Hong Kong, is linked to the introduction in the European Union (EU) from 1 July of new import rules involving the removal of the previous ‘de minimis’ exemption on items valued below €150, introducing a fixed fee of €3 per item plus new customs reporting requirements.” — WorldACD

WorldACD noted that Hong Kong has been disproportionately affected because it historically handled a very high percentage of e-commerce volumes. Airports handling significant e-commerce traffic — including Liège, Budapest, and Madrid — reflected this shift most acutely. The decline aligns with broader industry patterns: freight forwarders such as Kuehne+Nagel and DSV reported strong Q2 2026 airfreight revenue growth — but driven by higher rates amid Middle East conflict pressures and semiconductor demand, not volume expansion on EU-bound lanes.

Source: Air Cargo News

Compiled from international media by the SCI.AI editorial team.

Ask SCI.AI Finished reading? Continue with SCI.AI. Explore the related policy, route, company and historical context. Continue asking
NRF: Early peak shipping season to subside in September
Supply Chain

NRF: Early peak shipping season to subside in September

The National Retail Federation (NRF) and Hackett Associates report that the early peak shipping season is ending, with U.S. port imports expected to decline for the rest of 2026. May was the busiest month at 2.24 million TEU. Tariff changes and supply chain disruptions drove retailers to pull forward orders. Consumer spending remains resilient. Full-year 2026 imports are projected at 25.5 million TEU, up 0.1% from 2025.

China’s exports rise 14%, imports up 22% amid trade war resilience
Supply Chain

China’s exports rise 14%, imports up 22% amid trade war resilience

China’s foreign trade rose 17.3% to ¥30.13 trillion in the first seven months of 2026, with exports up 14% and imports surging 22%. High-tech exports jumped over 50% in July, accounting for nearly 60% of monthly export growth. U.S.-China trade fell 1.6%, while ties with over 180 countries—including ASEAN and the EU—expanded. Green exports like EVs and lithium batteries posted double-digit growth for the 17th straight month. China also applies zero tariffs to imports from 63 countries.

TSMC revenue up 33.7%, ASML ships 86 lithography machines
Manufacturing

TSMC revenue up 33.7%, ASML ships 86 lithography machines

TSMC reported $40.2 billion in Q2 2026 revenue — up 33.7% year-on-year — with 2-nm process contributing 3% of sales. ASML shipped 86 new lithography machines in the same quarter, boosting revenue to €9.32 billion ($10.69 billion). TSMC holds 73% of the global foundry market, while ASML’s EUV tools remain essential for sub-3-nm chip production. Both companies’ five-year net income grew over 90% (ASML) and 251% (TSMC). TSMC’s $100 billion Arizona expansion will support 2-nm manufacturing and advanced packaging.

Welcome Back!

Login to your account below

Create New Account!

Fill the forms below to register

Retrieve your password

Please enter your username or email address to reset your password.

Scan to share via WeChat

Open WeChat and scan the QR code to share

QR Code

Add New Playlist