What is the approximate annual value of goods transported by air and its share of world trade value?

Study for the IATA Training Exam with flashcards and multiple choice questions, each question offers hints and explanations. Get ready for your exam!

Multiple Choice

What is the approximate annual value of goods transported by air and its share of world trade value?

Explanation:
Air freight moves high-value, time-sensitive goods, so it carries a large share of world trade value relative to the small amount of volume it handles. The approximate annual value of goods transported by air is about US$6.4 trillion, which is roughly 35% of world trade value. This reflects how valuable, time-critical items—electronics, pharmaceuticals, perishables, and similar goods—often rely on air transport to reach markets quickly. The other options understate or overstate both the total value and the share, whereas 6.4 trillion and 35 percent best match the real-world relationship between air cargo and world trade.

Air freight moves high-value, time-sensitive goods, so it carries a large share of world trade value relative to the small amount of volume it handles. The approximate annual value of goods transported by air is about US$6.4 trillion, which is roughly 35% of world trade value. This reflects how valuable, time-critical items—electronics, pharmaceuticals, perishables, and similar goods—often rely on air transport to reach markets quickly. The other options understate or overstate both the total value and the share, whereas 6.4 trillion and 35 percent best match the real-world relationship between air cargo and world trade.

Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy