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Pakistan earns $476m by exporting transport services

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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 per cent 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 per cent, going up from $66.020 million last year to $98.440 million during the months under review.

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

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.—APP

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