Pakistan earns $ 258 million by exporting transport services

ISLAMABAD, Dec 26 (APP):Pakistan earned US £ 258 million by providing different transport services in various countries during the first four months of current financial year (2019-20) as compared to the corresponding period last year. This shows decrease of 5.18 percent as compared to US £ 272.100 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 decrease of 1.27 percent by going down from US £ 236.030 million last year to US £ 233.030 million during July-October (2019-20).

Among the air transport services, the exports of passengers services however increased by 15.30 percent, from US £ 132.260 million to US £ 152.490 million, whereas the exports of freight services also grew by 17.69 percent, from US £ 5.880 million to US £ 6.920 million. The exports of sea transport services declined by 45.47 percent, by going down from US £ 16.670 million last year to US £ 9.090 million this year. Among the sea transport services, the exports of freight services witnessed decrease of 11.55 percent by declining from US £ 5.800 million last year to US £ 5.130 million whereas the exports of other sea transport services also decreased by 63.57 percent from US £ 10.870 million to US £ 3.960 million this year, the PBS data revealed.

Meanwhile, the exports of road transport services during the period under review witnessed a decline of 21.03 percent by going down from US £ 17.930 million to US £ 14.160 million during this year, it added.

Among the road transport services, the exports of freight services decreased by 7.45 percent, from US £ 15.300 million to US £ 14.160 million during current year, while the export of postal and courier services witnessed increase of 17.01 percent, from US £ 1.470 million to US £1.720 million, the data revealed.

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