Pakistan earns $2.593 billion from IT services export in 10 months, Pakistan Bureau of Statistics
Pakistan earned USD 2.593 billion during the first ten months of the current financial year 2023-24 by providing various information technology (IT) services to various countries. According to a report by the Pakistan Bureau of Statistics (PBS), this is an increase of 20.41% compared to USD 2.135 billion earned through the provision of services during the same months of the previous financial year 2022-23. , computer services exports grew by 24.55 per cent as it rose to US$ 2.153 billion in July-April 2023-24 from US$ 1.729 billion last year.
In computer services, exports of software consultancy services saw an increase of 10.80% from US$ 633.107 million to US$ 701.456 million this year, while exports of hardware consultancy services also increased by 19.24%, which was US$ 4.793. million to US$ 5.715 million. However, exports of repair and maintenance services decreased by 45.69% to US$ 1.500 million from US$ 2.762 million, while exports and imports of computer software services increased by 6.77% to US$ 489.737. million dollars to 522.909 million dollars. Meanwhile, during the months under review, exports of information services witnessed a 105.90% increase from US$ 4.240 million to US$ 8.730 million. In information services, news agency services exports increased by 167.58% from US$ 2.505 million to US$ 6.730 million. reached US Dollars while exports of other information related services increased by 16.83% from US$ 1.735 million to US$ 2.027 million.
Exports of telecommunication services increased by 7.04 percent as it increased from US$ 402.260 million to US$ 430.590 million. According to PBS data, in telecommunication services, exports of call center services during the months increased by 17.59% as its exports increased from US$ 180.682 million to US$ 212.467 million while exports of other telecommunication services saw a decline of 1.56%, from US$ 221.578 million this year. During the period was 218.123 million US dollars.