Pakistan earns US$452 million by exporting transport services
ISLAMABAD: Pakistan earned US $ 452.060 million by providing different transport services in various countries during the first seven months of the current financial year (2019-20) as compared to the corresponding period last year.
This shows decrease of 9.08 percent as compared to US $ 497.210 million earned through provision of services during the corresponding period of fiscal year (2018-19), Pakistan Bureau of Statistics (PBS) reported.
During the period under review, the exports of air transport witnessed nominal decrease of 4.22 percent by going down from US $ 424.920 million last year to US $ 406.970 million during July-January (2019-20).
Among the air transport services, the exports of passenger services however increased by 5.71 percent, from US $ 252.360 million to US $ 266.760 million, whereas the exports of freight services also grew by 10.29 percent, from US $ 10.980 million to US $ 12.110 million, in addition the export of other air transport services decreased by 20.72 percent from US $ 128.100 million during the period under review to US $161.580 million last year.
The exports of sea transport services declined by 62.42 percent, by going down from US $ 43.130 million last year to US $ 16.210 million this year.
Among the sea transport services, the exports of freight services witnessed decrease of 22.46 percent by declining from US $ 11.710 million last year to US $ 9.080 million whereas the exports of other sea transport services also decreased by 77.31 percent from US $ 31.420 million to US $ 7.130 million this year, the PBS data revealed.
Meanwhile, the exports of road transport services during the period under review witnessed a decline of 12.18 percent by going down from US $ 27.010 million to US $ 23.720 million during this year, it added.
Among the road transport services, the exports of freight services decreased by 2.71 percent, from US $ 24.380 million to US $ 23.720 million during current year, while the export of postal and courier services witnessed increase of 140 percent, from US $ 2.150 million to US $ 5.160 million, the data revealed. - APP