Pak earning decline by 5.66 percent in transport services

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ISLAMABAD, Jun 24 : Pakistan earned only US $ 688 million which is less than 5.66 percent as compared to last year by providing different transport services in various countries during the ten months of ongoing fiscal year (2019-20).

During the corresponding period of fiscal year (2018-19), Pakistan earned US $ 729.280 million through provision of services Pakistan Bureau of Statistics (PBS) reported.

During the period under review, the exports of air transport witnessed nominal decrease of 1.17 percent by going down from US $ 599.040 million last year to US $ 592.060 million during July-April (2019-20).

Among the air transport services, the exports of passengers services however increased by 14.01 percent, from US $ 346.380 million to US $ 394.920 million, whereas the exports of freight services also grew by 25.94 percent, from US $ 16.960 million to US $ 21.360 million, in addition the export of other air transport services decreased by 25.42 percent from US $ 235.700 million to US $175.780 million.

The exports of sea transport services rose by 3.28 percent, by going up from US $ 52.410 million last year to US $54.130 million this year.

Among the sea transport services, the exports of freight services witnessed increase of 32.71 percent from US $17.520 million last year to US $ 23.250 million whereas the exports of other sea transport services decreased by 11.49 percent from US $ 34.890 million to US $ 30.880 million this year, the PBS data revealed.

Meanwhile, the exports of road transport services during the period under review witnessed a decline of 59.60 percent by going down from US $ 75.290 million to US $ 30.420 million during this year, it added.

Among the road transport services, the exports of freight services decreased by 56.21 percent, from US $ 69.460 million to US $ 30.420 million during current year, while the export of postal and courier services witnessed increase of 348.43 percent, from US $ 2.540 million to US $ 11,390 million, the data revealed.

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