Fozia Azam

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.

Credit : Independent News Pakistan-WealthPk