1945

Connecting globally — shipping and aviation

Domestic and international aviation and shipping are key components of the Asia and the Pacific mobility system. They are economic sectors that directly offer many societal and economic benefits. The Asia-Pacific region represents 38% of the world air freight traffic measured in freight ton-kilometres (FTKs). More than 88% of the air freight traffic performed by carriers based in the region is international. Shipping accounts for 95% to 99% of trade by weight, albeit 70% to 75% in terms of value, because expensive goods, such as electronics, cell phones, semiconductors, and pharmaceuticals, are transported by air. From the broader environmental perspective, however, both sectors are also seen as challenging, because increasing demand within each of them is exerting increasing pressures on the environment and climate.

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