Home Business Pakistan earns $263 million through transport services exports

Pakistan earns $263 million through transport services exports

4 min read

 

ISLAMABAD, Dec. 01 (INP-WealthPK): Pakistan earned $263.840 million by providing transport services in various countries during the first three months of the current fiscal year (2022-23) compared to the corresponding period of last year.

This shows a growth of 75.95% compared to $149.950 million earned through the provision of services during the corresponding period of 2021-22, according to the Pakistan Bureau of Statistics (PBS).

Exports of sea transport services witnessed an increase of 369.50%, going up from $19.9 million last year to $93.430 million during the period under review. Among the sea transport services, the exports of freight services increased by 412.49% from $12.570 million last year to $64.420 million, whereas the exports of other sea transport services also increased by 295.77% from $7.330 million to $29.010 million this year, the data available with WealthPK shows.

Exports of air transport rose by 29.85%, going up from $126.720 million last year to $164.550 million during July-September 2022-23.

Among the air transport services, the exports of passenger services increased by 37%, from $83.100 million to $113.850 million, whereas the exports of freight services surged by 71.43%, from $6.510 million to $11.160 million. In addition, the exports of other air transport services also increased by 6.55% from $37.110 million to $39.540 million.

Exports of road transport services during the months under review witnessed a growth of 139.87%, going up from $1.530 million to $3.670 million this year.

Among the road transport services, the exports of freight services increased by 141.67%, from $0.480 million to $1.160 million during the fiscal year under review, while other road services also surged by 139.05% to $2.510 million from $1.050 million. Exports of postal and courier services also increased by 21.67%, from $1.800 million to $2.190 million, the data revealed.

Author

  • FD News

    Financial Daily (FD) is an emerging media outlet providing news reports, analysis and features especially related to politics and economy. FD is currently one of the largest and most comprehensive private-sector information portals in Pakistan, providing its readers with apolitical, unbiased and fact-based news reports and analyses.

Load More Related Articles
Load More By Editor in Chief
Load More In Business

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Pricing agreement inked for uninterrupted water supply to Gwadar Free Zone

Islamabad, Nov. 13 (INP): In a major boost for Gwadar Free Zone, an agreement has been ink…