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Pakistan earns $1,333 million from IT Services’ export

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Pakistan earned US$ 1,333.230 million by providing different Information Technology (IT) services to various countries during the first six months of the current fiscal year 2022-23.

This shows a growth of 2.41 percent as compared to US$ 1,301.880 million earned through the provision of services during the corresponding months of the fiscal year 2021-22, the Pakistan Bureau of Statistics (PBS) reported.

During July-December (2022-23), the export of computer services grew by 3.15 percent as it surged from US$ 1,033.280 million last fiscal year to US$ 1,065.810 million this year.

Among the computer services, the exports of software consultancy services witnessed an increase of 6.34 percent, from US$ 368.334 million to US$ 391.697 million while the exports of hardware consultancy services also rose by 209.95 percent from US$ 1.095 million to US$ 3.394 million.

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The export and import of computer software-related services surged by 11.29 percent, from US$ 271.697 million to US$ 302.376 million whereas the exports of repair and maintenance services increased to US$ 1.530 million from US$ 0.754 million.

In addition, the exports of other computer services witnessed a decrease of 6.28 percent going down from US$ 391.400 million to US$ 366.813 million.

Meanwhile, the export of information services during the period under review declined by 22.97 percent going down from US$ 2.830 million to US$ 2.180 million.

Among the information services, the exports of news agency services decreased by 22.36 percent, from US$ 1.923 million to US$ 1.493 million whereas the exports of other information services also decreased by 24.26 percent, from US$ 0.907 million to US$ 0.687 million.

The export of telecommunication services also witnessed a nominal decrease of 0.20 percent as these went down from US$ 265.770 million to US$ 265.240 million during the months under review, the data revealed.

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Among the telecommunication services, the export of call centre services increased by 5.22 percent during the period as its exports increased from US$ 101.694 million to US$ 107.006 million whereas the export of other telecommunication services decreased by 3.56 percent, from US$ 164.076 million to US$ 158.234 million during the period under review, the PBS data revealed.

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