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Pakistan earns $977.470m from export of transport services in one year

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News Stories Posted by ARY News Digital Team

ISLAMABAD: The transport services by Pakistan in other countries increased by 5.74 percent during the financial year 2017-18 compared to last year, Pakistan Bureau of Statistics (PBS) reported.

Pakistan exported transport services worth $977.470 million in July-June (2017-18) against the exports of worth $924.371 million in July-May (2016-17), showing 5.74 percent growth, according to data of Pakistan Bureau of Statistics (PBS) published by the state-run wire service.

Among these, the air transport services export increased by 7 percent and reached to $898.590 million during the period under review against $839.790 million last year.

Among the air transport services, exports of passenger services surged by 13.51 percent, from $479.720 million to $544.540 million, the data revealed while the freight service exports witnessed increase of 3.33 percent by going up from $19.510 million to $20.160 million.

However, the other air transport services declined by 1.96 percent by slipping from exports of $340.560 million last year to $333.890 million in 2017-18.

On the other hand, the exports of sea transport services slipped by 48.56 percent by going down from $40.180 million to $20.670 million. Among sea transport, the freight service export decreased by 27.23 percent from $13.110 million to $9.540 million while the export of other sea transport service decreased by 58.88 percent by slipping from $27.070 million to $11.130 million.

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