The DHL Hong Kong Air Trade Leading Index has published its results for Q2 2018.
Highlights of the DTI Q2 2018 include:
- The overall trade outlook for Q2 2018 had a slight downward adjustment
amid concerns over escalating trade conflict between the United States and
China. Despite this, the latest DTI survey found that there are limited concerns
about air trade and overall outlook for air trade is more positive, compared to
the same period last year.
- Outlook on air imports remains optimistic despite a modest dip from the
previous quarter.
- Air exports index dropped and is predicted to encounter challenges. Market demand has gained strength and turned positive in the Americas, but is countered by issues in Asia Pacific and Europe. • The Hong Kong government is planning to use its financial surplus to improve residents’ livelihoods. It is generally believed that this development will boost air import demand
The DHL Hong Kong Air Trade Leading Index report is available at u.hkpc.org/dti_eng.
The first indicator of its kind in Hong Kong, commissioned by DHL Express Hong Kong and compiled by the Hong Kong Productivity Council, the DHL Hong Kong Air Trade Leading Index aims to provide a forward looking perspective on overall air export and import trade volumes by analyzing key attributes of business demand.
The quarterly DTI, compiled based on a survey of more than 600 Hong Kong companies focusing on in- or out-bound air trading, was first conducted for Q2 2014. An index value above 50 indicates an overall positive outlook while a reading below 50 represents an overall negative outlook for the surveyed quarter. The further the reading is from 50, the more positive or negative the outlook is.
