IT & Telecom

IT services’ exports surge 30pc to $1.69bn in 8 months

IT services' exports surge 30pc to $1.69bn in 8 months

Pakistan earned $1,688.862 million by providing different information technology (IT) services to various countries during the first eight months (July-February) of the current financial year 2021-22.

This shows a growth of 29.90 percent as compared to $1,300.1 million earned through the provision of IT services during the corresponding period of the fiscal year 2020-21, the Pakistan Bureau of Statistics (PBS) reported.

From July-February (2021-22), the export of computer services grew by 32.06 percent as it surged from $1,024.830 million last fiscal year to $1,353.372 million this year. 

Among the computer services, the exports of software consultancy services witnessed an increase of 45.59 percent, from $341.122 million to $496.634 million while the exports of hardware consultancy services also rose by 284.74 percent from $0.380 million to $1.462 million.

The export and import of computer software-related services also rose by 41.16 percent, from $250.986 million to $354.284 million whereas the exports of repair and maintenance services surge to $0.776 million from $0.377 million. 

In addition, the exports of other computer services increased by 15.80 percent going up from $431.965 million to $500.216 million.

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Meanwhile, the export of information services during the period under review increased by 29.48 percent by going up from $2.680 million to $3.470 million. 

Among the information services, the exports of news agency services increased by 61.40 percent, from $ 1.412 million to $2.279 million whereas the exports of other information services however decreased by 6.07 percent, from $1.268 million to $1.191 million.

The export of telecommunication services also witnessed an increase of 21.80 percent as these went up from $272.590 million to $332.020 million during the year under review, the data revealed.

Among the telecommunication services, the export of call centre services increased by 50.32 percent during the period as its exports increased from $89.512 million to $135.453 million whereas the export of other telecommunication services also increased by 7.37 percent, from $183.078 million to $196.567 million during the period under review, the PBS data revealed.

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