Pakistan earns $2,605 Million from IT services’ export

Pakistan earned US $2,605.340 million by providing different Information Technology (IT) services in various countries during the twelve months of the fiscal year 2022-23.

This shows a nominal decline of 0.53 percent as compared to US $2,619.100 million earned through the provision of services during the corresponding period of the fiscal year 2021-22.

During July-June (2022-23), the export of computer services grew by 0.08 percent as it surged from US $2,109.370 million last fiscal year to US $2,110.990 million year under review.

Among the computer services, the exports of software consultancy services witnessed a decrease of 4.36 percent, from US $795.464 million to US $760.780 million while the exports of hardware consultancy services however increased by 87.97 percent from, US $2.918 million to US $5.485 million.

The export and import of computer software-related services also rose by 5.58 percent, from US $566.393 million to US $598.020 million whereas the exports of repair and maintenance services surge to $2.855 million from $1.446 million.

In addition, the exports of other computer services increased by 0.09 percent going up from US$ 743.149 million to US $743.850 million.

Meanwhile, the export of information technology services during the period under review increased by 5.54 percent by going up from US $5.230 million to US $5.520 million.

Among the information services, the exports of news agency services increased by 3.94 percent, from US $ 3.448 million to US $3.584 million whereas the exports of other information services also increased by 8.64 percent, from US $1.782 million to US $1.936 million.

The export of telecommunication services decreased by 3.11 percent as these went down from US $504.500 million to $488.830 million during the year under review.

Among the telecommunication services, the export of call centre services increased by 6.32 percent during the period as its exports increased from US $215.557 million to US $229.170 million whereas the export of other telecommunication services dipped by 10.13 percent, from US $288.943 million to US $259.660 million during the period under review.

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