Pakistan’s transport service exports surge by 25% to $878 million in FY2024-25

Pakistan earned US $878.295 million by exporting various transport services during the first eleven months of the fiscal year 2024-25, marking a significant 25.06% increase compared to $702.303 million during the same period in 2023-24, according to the Pakistan Bureau of Statistics (PBS).

Breakdown by Transport Category:

Sea Transport Services:

  • Total Exports: Rose by 1.34%, from $100.952 million to $102.305 million
  • Freight Services: Increased sharply by 60.56%, from $53.787 million to $86.359 million
  • Other Sea Services: Declined by 66.19%, from $47.165 million to $15.946 million

Air Transport Services:

  • Total Exports: Increased by 25.77%, from $574.910 million to $723.079 million
    • Passenger Services: Dropped by 4.01%, from $409.428 million to $392.999 million
    • Freight Services: Surged by 140.89%, from $11.235 million to $27.065 million
    • Other Air Services: Jumped by 96.45%, from $154.245 million to $303.014 million

Road Transport Services:

  • Total Exports: Grew by 67.09%, from $22.715 million to $37.955 million
    • Freight Services: Up by 42.70%, from $3.665 million to $5.230 million
    • Other Road Services: Increased by 71.79%, from $19.050 million to $32.725 million

Postal and Courier Services:

  • Recorded a dramatic increase of 301.39%, rising from $3.725 million to $14.954 million

Conclusion:

The robust growth in Pakistan’s transport service exports, especially in air freight, other air services, and courier/postal sectors, reflects strong performance and rising global demand. However, the significant drop in other sea transport services suggests areas for potential policy review and improvement.