IT Services' Export From Pakistan Bring In US $1,333 Million

Pakistan made US$ 1,333.230 million by export of various information technology (IT) services to various nations during the first half of the current fiscal year 2022–23.

IT Services' Export From Pakistan Bring In US $1,333 Million

Pakistan made US$ 1,333.230 million by export of various information technology (IT) services to various nations during the first half of the current fiscal year 2022–23.

The Pakistan Bureau of Statistics (PBS) reported that this represents a growth of 2.41 percent when compared to the US$ 1,301.880 million earned through the provision of services during the corresponding months of the fiscal year 2021–22.

The export of computer services increased by 3.15 percent from July to December (2022-23), going from US$ 1,033.280 million to US$ 1,065.810 million. Software consulting services saw a 6.34 percent increase in exports from US$ 368.334 million to US$ 391.697 million among computer services, while hardware consulting services saw a 209.95 percent increase from US$ 1.095 million to US$ 3.394 million.

While the exports of repair and maintenance services increased to US$ 1.530 million from US$ 0.754 million, the export and import of services related to computer software increased by 11.29 percent, from US$ 271.697 million to US$ 302.376 million. Additionally, there was a 6.28 percent decline in the exports of other computer services, from US$ 391.400 million to US$ 366.813 million.

At the same time, the export of information services fell by 22.97% from US$ 2.830 million to US$ 2.180 million during the period under review. When it comes to the exports of IT services like information services, news agency services saw a 22.36 percent decline, from US$ 1.923 million to US$ 1.493 million, while other information services saw a 24.26 percent decline, from US$ 0.907 million to US$ 0.687 million.

The data showed that during the months under review, the export of telecommunication services saw a nominal decline of 0.20 percent, falling from US$ 265.770 million to US$ 265.240 million.

The export of call centre services, which increased from US$ 101.694 million to US$ 107.006 million during the period under review, increased by 5.22 percent, according to PBS data, while the export of other telecommunication services decreased by 3.56 percent, from US$ 164.076 million to US$ 158.234 million.