Pakistan earns $389m by exporting transport services in 8 months

ISLAMABAD  -   Pakistan earned $389.834 million by providing different transport services in various countries during the eight months of financial year (2020-21) as compared to the corresponding period last year. This shows decrease of 29.26 percent as compared to $551.070 million earned through provision of services during the corresponding period of fiscal year (2019-20), Pakistan Bureau of Statistics (PBS) reported. During the period under review, the exports of sea transport services however witnessed increase of 34.90 percent, by going up from $40.400 million last year to $54.500 million during the period under review. Among the sea transport services, the exports of freight services increased by 61.28 percent from $17.690 million last year to $28.530 million whereas the exports of other sea transport services also rose by 14.35 percent from $22.710 million to $25.970 million current year, the PBS data revealed. The exports of air transport however witnessed decrease of 34.01 percent by going down from $ 478.190 million last year to $315.554 million during July-February (2020-21). Among the air transport services, the exports of passengers services decreased by 35.59 percent, from $315.660 million to $203.320 million, whereas the exports of freight services rose by 33.93 percent, from $16.740 million to $22.420 million. In addition the export of other air transport services decreased by 38.39 percent from $145.790 million to $89.814 million. Meanwhile, the exports of road transport services during the period under review witnessed a decline of 50.98 percent by going down from $26.440 million to $12.960 million during this year, it added. Among the road transport services, the exports of freight services decreased by 63.65 percent, from $26.440 million to $9.610 million during the fiscal year under review, while the export of postal and courier services however witnessed increase of 12.91 percent, from $6.040 million to $6.820 million, the data revealed.

 

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