Pakistan Travel Services Export – Trendinginsocial
Pakistan earned US$282.010 million from providing different travel services in various countries in the first six months of the current fiscal year 2021-22.
This shows a growth of 25.82% from the US$224.140 million that the same services were provided in the corresponding period of the last fiscal year 2020-21, Pakistan Bureau of Statistics (PBS) reported.
During the month under review, personal travel services increased by 25.79%, from $223.330 million last year to $280.920 million between July and December 2021-22.
Among these personal services, exports of personal expenditure increased by 78.02% while expenditure related to education increased by 5.35%.
In addition, other personal services experienced an increase of 26.13%.
Meanwhile, exports of business services also increased by 34.57 percent, from US$0.810 million to US$1.090 million, PBS data showed.
It is pertinent to mention here that the country’s service exports witnessed an increase of 20.24% in the first six months of the current financial year (2021-22) compared to the corresponding period last year. , Pakistan Bureau of Statistics (PBS) reported.
Services exports in July-December (2021-22) were recorded at $3,414.96 million compared to exports of $2,840.15 million in July-December (2020-21), showing a growth of 20.24 %.
Imports also increased by 38.80% from $3784.27 million last year to $5252.45 million during the period under review.
Fahad is an entrepreneur and marketing enthusiast who enjoys writing about hot topics. He likes to travel and playing tennis is what he does in his spare time. He tweets @fahad164.
Email:- [email protected] , [email protected]
