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Pakistan earns $476 mln by exporting transport services in 7 months

ISLAMABAD (APP, TechnologyPlus – Mar 27, 2023) Pakistan earned US $476.840 million by providing different transport services in various countries during the seven months of the current fiscal year (2022-23) as compared to the corresponding period of last year.

This shows a growth of 9.91 percent as compared to $433.860 million earned through the provision of services during the corresponding period of the fiscal year (2021-22), the Pakistan Bureau of Statistics (PBS) reported.

During the months under review, the exports of sea transport services witnessed an increase of 49.11 percent, going up from $66.020 million last year to $98.440 million during the months under review.

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Among the sea transport services, the exports of freight services increased by 110.62 percent from $39.450 million last year to $83.090 million whereas the exports of other sea transport services decrease by 42.23 percent from $26.570 million to $15.350 million current year, the PBS data revealed.

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The exports of air transport rose by 3.44 per cent going up from $354.190 million last year to $366.390 million during July-January (2022-23).

Among the air transport services, the exports of passenger services increased by 7.55 per cent, from $230.050 million to $247.430 million, whereas the exports of freight services surged by 3.46 per cent, from $17.910 million to $18.530 million, in addition, the export of other air transport services also dipped by 5.46 per cent from $106.230 million to $100.430 million.

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Meanwhile, the exports of road transport services during the months under review witnessed a decline of 17.23 per cent by going down from $9.460 million to $7.830 million during this year, it added.

Among the road transport services, the exports of freight services increased by 33.17 percent, from $1.990 million to $2.650 million during the fiscal year under review, while other road services dipped by 30.66 percent to $ 5.180 million from $7.470 million.

The export of postal and courier services also declined by0.24 per cent, from $4.190 million to $4.180 million, the data revealed.

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Associated Press of Pakistan
Associated Press of Pakistanhttps://technologyplus.pk/
TechnologyPlus.Pk is an online news website. It publishes only authentic news from reliable sources and agencies. In TP we cover Technology news, business news, banking news, and startup news. We also give space to show biz, fashion, and music industry.

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