Pakistan witnesses decrease in exporting transport services

Pakistan witnesses decrease in exporting transport services

Pakistan witnesses decrease in exporting transport services
Advertisement

(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.

According to Pakistan Bureau of Statistics (PBS), 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),

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.

Advertisement

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.

Advertisement
Advertisement
Read More News On

Catch all the Business News, Pakistan News, Breaking News Event and Latest News Updates on The BOL News


Download The BOL News App to get the Daily News Update & Follow us on Google News.


End of Article

Next Story