Pakistan Travel Services Export Reaches $111 Million in Jul-Aug 2024 : marking a 4.99% increase compared to last year.
Pakistan’s travel services export hit a significant milestone, reaching $111.313 million during July-August 2024. This figure reflects a 4.99% growth compared to the same period in 2023, when the revenue stood at $106.020 million. This steady increase demonstrates the growing demand for Pakistan’s travel-related offerings worldwide.
Growth of Personal Travel Services
Personal travel services saw a considerable 4.82% growth, with earnings rising from $104.380 million last year to $109.411 million. Key contributors included health-related expenditures and education services, with the latter recording a remarkable 61.37% increase.
Business Travel Export Growth
Business services also contributed, growing by 16%, from $1.640 million to $1.902 million. This shows Pakistan’s growing appeal for business travelers and professional exchanges.
Travel and Trade Outlook | Pakistan travel services export
Despite a slight dip in imports, which fell by 0.45%, Pakistan’s overall exports of services, including travel, remain robust, bringing in $1.252 billion.
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Conclusion | Pakistan travel services export
Pakistan’s growing travel services export, particularly in the health, education, and business sectors, reflects the country’s increasing role in global travel and trade. As these services expand, Pakistan is set to gain more revenue, strengthening its position on the international stage.
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