Canada Global (Web News) By offering various travel services in numerous nations during the first half of the current fiscal year 2022–23, the nation made US $255.170 million.
According to the Pakistan Bureau of Statistics (PBS), this represents a negative growth of 9.52 percent when compared to the US $282.101 million worth of the same services offered during the same time of the previous fiscal year 2021–22.
Personal travel services saw a 9.85% decline during the study period, falling from US $280.920 million in 2017 to US $253.260 million from July to December 2022.
The exports of personal services fell by 50.62 percent for health-related expenses and by 17.78 percent for education-related expenses.
Also, there was a 9.42 percent decline in other personal services.
According to the PBS data, business service exports increased by 75.23%, from US$1.090 million to US$1.910 million.
It is important to note that the exports of services from the nation increased by 2.77 percent in the first half of the current fiscal year (2022-23) compared to the same time in the previous year, it continued.
Services exported from July to December in 2022–23 totaled US$3526.97 million, a 2.77 percent increase from the US$3431.77 million exported from July to December in 2021–22.