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Home Business

Pakistan made $504M via the Export of Commute Services.

by Web Desk
September 2, 2021
in Business, Economy
Reading Time: 1 min read
0
Pakistan Export
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In comparison to the previous year, Pakistan earned 503.910 million USD during the first ten months of the fiscal year (2020-21) by providing various transportation services in various countries.

This is a 24.46 percent decrease from the $667.040 million in services recorded by the Pakistan Bureau of Statistics for the same fiscal year (2019-20). (PBS).

Exports of maritime transport services rose 56.5 percent to US$ 69.280 million during the review period, up from US$ 44.250 million the previous year.

Cargo exports increased by 1.37 percent to 28,160 million dollars, up from 27,780 million dollars the previous year, while other marine transport services increased by 149.67 percent, from 16 470 million dollars to 41,120 million dollars in the current year, according to PBS statistics.

However, air exports fell by 29.46 percent between July and April, from 582,190 million dollars last year to 410.680 million dollars (2020-21).

Passenger service exports decreased by 33.25 percent, from 399.220 million to 266.480 million dollars, while freight exports increased by 11.07 percent, from 23.300 million dollars to 2.880 million dollars, and other aviation services exports decreased by 25.90 percent, from 159.670 million dollars to 118.320 million dollars.

It has been noted that during the period under consideration, exports of road transport services fell 46.66 percent from $29,210 million this year to $15,580 million.

Transfers of goods and services fell 59.60 percent from $29.210 million to $11.8 million in the fiscal year under review, while exports of postal and courier services fell 26.51 percent from $29.210 million to $11.8 million.

Tags: ExportPakistan ExportTrasportation Services
Web Desk

Web Desk

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