xt-align: justify;">ISLAMABAD, Jul 4 (APP):The exports of services during the first eleven months of the fiscal year (2023-24) increased by 1.80 percent as comp
ared to the exports of the corresponding period of the last year.
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xt-align: justify;">During July-May 2023-24, exports of services were recorded at $7.129 billion as against the exports of $7.004 billion during the same period of last year, according to the data of the Pakistan Bureau of Statistics (PBS).
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xt-align: justify;">During the period under review, the services imports into the country grew by 16.93 percent and it was registered at $9.229 billion as comp
ared to the import of $7.892 billion in the same period last year.
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xt-align: justify;">On a year-on-year basis, the services exports from the country grew by 7.90 percent in May 2024 as comp
ared to the exports of the same month of last year.
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xt-align: justify;">In May 2024, services valued at $687.91 million were exported as comp
ared to exports of $637.54 million in the same month of last year.
xt-align: justify;">
xt-align: justify;">The imports of services into the country ho
wever, decreased by 10.11 percent during the period under review as it was recorded at $881.04 million against $980.17.
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xt-align: justify;">On month on month basis, the services exports increased by 6.48 percent and imports by 5.76 percent respectively in May 2024 as comp
ared to April 2024.
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xt-align: justify;">During May 2024, the services exports were recorded at $687.91 million as comp
ared to the exports of $646.03 million of the previous month, whereas imports were registered at $881.04 million as comp
ared to the imports of $833.06 billion of last month.
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