Air cargo throughput at Hong Kong in March rose 4.4 percent from a year earlier, data from Hong Kong Air Cargo Terminals showed.
Cargo exports and imports in March increased by 4.3 percent and 0.8 percent respectively from a year earlier.
Exports to Japan in March registered a year-on-year drop of 18.3 percent, while imports from Japan in March showed a significant year-on-year decrease of 22.6 percent, Hactl said.
"The quake and the subsequent tsunami crisis in Japan are bringing supply chain disruptions, which will likely affect the aviation industry amid its recovery trajectory," Hactl Executive Director Lilian Chan said in a statement.
Hong Kong is a re-export centre for trade between Asia and the rest of the world.
Air cargo volumes through Hong Kong in March totalled 254,819 tonnes.