Pakistan earns $426 million from IT services’ export in 2 months

Pakistan earned US$ 426.070 million by providing different Information Technology (IT) services in various countries during the first two months of the current fiscal year 2022-23.

This shows a growth of 1.45 percent as compared to US$ 419.980 million earned through the provision of services during the corresponding months of the fiscal year 2021-22.

During July-August (2022-23), the export of computer services grew by 10.10 percent as it surged from US$ 312.620 million last fiscal year to US$ 344.190 million this year.

Among the computer services, the exports of software consultancy services witnessed an increase of 7.20 percent, from US$ 113.566 million to US$ 121.740 million while the exports of hardware consultancy services dipped by 36.31 percent from US$ 0.515 million to US$ 0.328 million.

The export and import of computer software-related services surged by 31.24 percent, from US$ 73.552 million to US$ 96.529 million whereas the exports of repair and maintenance services decreased to US$ 0.187 million from US$ 0.192 million.

In addition, the exports of other computer services witnessed a nominal increase of 0.49 percent going up from US$ 124.795 million to US$ 125.406 million.

Meanwhile, the export of information services during the period under review declined by 32.67 percent by going down from US$ 1.010 million to US$ 0.680 million.

Among the information services, the exports of news agency services decreased by 39.50 percent, from US$ 0.757 million to US$ 0.458 million whereas the exports of other information services also decreased by 12.25 percent, from US$ 0.253 million to US$ 0.222 million.

The export of telecommunication services also witnessed a decrease of 23.65 percent as these went down from US$ 106.350 million to US$ 81.200 million during the months under review.

Among the telecommunication services, the export of call centre services increased by 28.49 percent during the period as its exports increased from US$ 27.058 million to US$ 34.766 million whereas the export of other telecommunication services decreased by 41.44 percent, from US$ 79.292 million to US$ 46.434 million during the period under review.

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