Pakistan’s IT services’ export increase 47.44% during FY20-21

[ad_1]


Post Views:
1

ISLAMABAD: Pakistan’s Information Technology (IT) services’ exports recorded an increase of 47.44 per cent during the fiscal year 2020-21.

A sum of $2123.035 million was earned against the services provided by Pakistan to various countries. Prior to this, the sector achieved a total of US $1439.970 million in FY 2019-20,

Under the sector, the computer services recorded a growth of 50.32 per cent, earning the US $1666.615 million, with the exports of software consultancy services growing 35.50 per cent, from the US $408.974 million to the US $554.180 million, the export and import of computer software-related services growing  30.88 per cent, from the US $318.937 million to the US $417.415 million.

On the other hand, the exports of hardware consultancy services witnessed a downward growth of 71.84 per cent from US $1.957 million to US $0.551 million. A declining trend of 56.19 per cent was also observed in repair and maintenance services exports, with earnings dropping to $0.662 million from $1.511 million.

The exports of other computer services and information services witnessed an increase of 83.88 per cent and 56.47 per cent – with the former earning US $ 693.807 million and the latter recording US $3.990 million.

Under the sector, the information services also witnessed growth. The exports of news agency services increased to US $ 2.304 million from the US $ 1.360 million, marking an increase of 69.41 per cent.

Similarly, the exports of other information services also increased to US $ 1.686 million, from the US $ 1.190 million, marking a growth of 41.68 per cent.

Increasing 37.63 per cent, the export of telecommunication services added $452.430 million to the FY.

The export of call centre services, under the telecommunication services, witnessed an increase of 22.10 per cent, with

The export of call centre services, under the telecommunication services, witnessed an increase of 22.10 per cent, with exports increasing to the US $153.806 million, from the US $125.964 million. The export of other telecommunication services also grew to the US $298.624 million from the US $202.766 million, marking an increase of 47.28 per cent during the period under review.

 

 For news and blogs, visit Graana.com.




[ad_2]