IT & Telecom

Pakistan earns $2.19bn from IT exports

Pakistan earns $2.19bn from IT exports

Pakistan earned $2.19 billion by providing different Information Technology (IT) services in various countries during the 10 months of the fiscal year 2021-22.

This shows a growth of 29.29 per cent as compared to $1,699.860 million earned through the provision of services during the corresponding period of the fiscal year 2020-21, the Pakistan Bureau of Statistics (PBS) reported.

From July-April (2021-22), the export of computer services from Pakistan grew by 30.77 per cent as it surged from $1.34 billion last fiscal year to $1.75billion this year.

Among the computer services, the exports of software consultancy services witnessed an increase of 48.43 per cent, from $443.478 million to $658.239 million while the exports of hardware consultancy services also rose by 337.72 per cent from, $0.456 million to $1.996 million.

The export and import of computer software-related services from Pakistan also rose by 41.42 per cent, from $331.730 million to $469.133 million whereas the exports of repair and maintenance services surge to $1.249 million from $0.464 million.

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In addition, the exports of other computer services increased by 10.38 per cent going up from $567.422 million to $626.340 million.

Meanwhile, the export of information technology services during the period under review increased by 39.51 per cent going up from $3.240 million to $4.520 million.

Among the information services, the exports of news agency services increased by 68.56 per cent, from $ 1.765 million to $2.975 million whereas the exports of other information services increased by 4.75 per cent, from $1.475 million to $1.545 million.

The export of telecommunication services also witnessed an increase of 23.58 per cent as these went up from $353.070 million to $436.310 million during the year under review, the data revealed.

Among the telecommunication services, the export of call centre services increased by 42.98 per cent during the period as its exports increased from $124.255 million to $177.658 million whereas the export of other telecommunication services also increased by 13.04 per cent, from $228.815 million to $258.652 million during the period under review, the PBS data revealed.

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