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Pakistan earns $633.130 million from IT services export in first quarter of 2022-23

MM News Staff by MM News Staff
November 22, 2022
Reading Time: 2 mins read

ISLAMABAD: Pakistan has earned US$ 633.130 million from IT services export during the first quarter of 2022-23. 

Also read: Pakistan earns $179m by exporting transport services in 2 months

According to data made available by Pakistan Bureau of Statistics (PBS), the export of computer services grew by 5.21 per cent as it surged from US$ 490.850 million last fiscal year to US$ 516.410 million this year.

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Among the computer services, the exports of software consultancy services witnessed an increase of 5.73 per cent. The revenue increased from US$ 176.506 million to US$ 186.622 million while the exports of hardware consultancy services also increase by 10.27 per cent from US$ 0.837 million to US$ 0.923 million.

Also read: Pakistan sesame seed export to China up by 50% in first nine months of current year

Additionally, there is a 14.51 per cent increase in the export and import of computer software-related services. It goes from US$ 124.702 million to US$ 142.793 million. On the other hand, the exports of repair and maintenance services decreased to US$ 0.218 million from US$ 0.345 million.

Similarly, the exports of other computer services also show a significant increase of 1.38 per cent. Meanwhile, the export of information services during the period under review decreased by 23.13 per cent going down from US$ 1.340 million to US$ 1.030 million.

Also read: Pakistan’s fruits, vegetable export to China crosses $54 million in Jan-Sept 2022

Moreover, the exports of news agency services decreased by 22.66 per cent, from US$ 0.962 million to US$ 0.744 million. Unfortunately, the exports of other information services also decreased by 24.34 per cent, from US$ 0.378 million to US$ 0.286 million.

The export of telecommunication services also witnessed a decrease of 18.94 per cent as these went down from US$ 142.720 million to US$ 115.690 million.

Also read: Plastic export increases 32.76% in FY 2022

Among the telecommunication services, the export of call centre services increased by 21.20 per cent during the period as its exports increased from US$ 44.026 million to US$ 53.361 million. The export of other telecommunication services decreased by 36.85 per cent, from US$ 89.694 million to US$ 62.329 million during the period under review.

 
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