Pakistan earns $881m from travel services’ export in 10 months
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During the first ten months of fiscal year 2022-23, the country earned $881.250 million from travel services in various countries. As compared to $463.100 million worth of similar services provided during the same period of the last fiscal year 2021-22, this represents a growth of 90.29 percent. From July-April 2023, personal travel services increased by 89.80 percent, from $460.820 million last year to $874.640 million. Personal services exports increased by 16.23 percent to $3.580 million from $3.080 million, while education exports rose by 0.32 percent from $9.430 million to $9.460 million.

From $2.280 million to $6.610 million, exports of business services grew by 189.91 percent, according to PBS data.

As compared to the same period last year, the country’s service exports increased by 1.46 percent during the first ten months of the current financial year (2022-23).

Services were exported for $6,009.87 million during July-April (2022-23), compared with $5,923.19 million last year.

From $10,635.72 million last year to $6,413.32 million during the period under review, imports fell by 39.70 percent.