Pakistan’s IT Services Exports Decline to US$1.94 Billion

Pakistan IT Services

Pakistan earned US$1,941.350 million through the provision of Information Technology (IT) services to various countries during the first nine months of the fiscal year 2022-23. This reflects a slight decline of 0.45 percent compared to the same period last year, according to the Pakistan Bureau of Statistics (PBS).

During July-March (2022-23), the export of computer services grew by 0.09 percent, increasing from US$1,566.870 million to US$1,568.270 million this year.

Among computer services, software consultancy services witnessed a decrease of 0.85 percent, from US$578.454 million to US$573.544 million. However, the exports of hardware consultancy services saw a significant rise of 148.69 percent, increasing from US$1.645 million to US$4.091 million.

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The export and import of computer software-related services experienced a growth of 6.05 percent, from US$420.169 million to US$445.576 million. Additionally, exports of repair and maintenance services increased to US$2.713 million from US$1.130 million.

On the other hand, exports of other computer services declined by 4.09 percent, decreasing from US$565.472 million to US$542.346 million.

The export of information services witnessed a decrease of 5.80 percent, going down from US$4.140 million to US$3.900 million. Among information services, exports of news agency services decreased by 17.88 percent, from US$2.785 million to US$2.287 million. However, exports of other information services increased by 19.04 percent, from US$1.355 million to US$1.613 million.

The export of telecommunication services saw a decline of 2.61 percent, decreasing from US$379.070 million to US$369.180 million during the reviewed period. Among telecommunication services, the export of call center services increased by 4.87 percent, from US$154.353 million to US$161.868 million. However, exports of other telecommunication services decreased by 7.75 percent, from US$224.717 million to US$207.312 million.

Despite the slight decline in overall IT services exports, Pakistan’s IT sector remains an important contributor to the country’s economy, and efforts to boost these exports are ongoing.

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