Country earns $100m as exports increase

Staff Report

ISLAMABAD: Pakistan earned US $100.920 million by providing different transport services in various countries during the first three months of financial year (2020-21) as compared to the corresponding period last year.
This shows decrease of 48.55 percent as compared to US $196.140 million earned through provision of services during the corresponding period of fiscal year (2019-20), Pakistan Bureau of Statistics (PBS) reported on Tuesday.
During the period under review, the exports of sea transport services however witnessed increased of 373.80 percent, by going up from US $6.640 million last year to US $ 31.460 million during the period under review.
Among the sea transport services, the exports of freight services increased by 271.03 percent from US $3.900 million last year to US $14.470 million whereas the exports of other sea transport services also rose by 520.07 percent from US $2.740 million to US $16.990 million current year, the PBS data revealed.
The exports of air transport witnessed decrease of 64.87 percent by going down from US $178.860 million last year to US $62.840 million during July-September (2020-21).
Among the air transport services, the exports of passengers services decreased by 65.23 percent, from US $114.390 million to US $39.770 million, whereas the exports of freight services also dipped by 2.89 percent, from US $5.190 million to US $5.040 million, in addition the export of other air transport services decreased by 69.59 percent from US $59.280 million to US $18.030 million.