Sunday, December 4, 2022

Pakistan Exported $633 Million IT Services In Q1 of Fiscal Year 2022-23 - TechJuice

Last updated Tuesday, November 22, 2022 06:05 ET , Source: TopWireNews

The IT services exports have declined by 0.3 percent during the first quarter of the current fiscal year 2022-23 and remained at $633 Million compared to $635 Million during the same period of the last fiscal year. According to data made available by the Pakistan Bureau of Statistics (PBS), the export of computer services grew by 5.21 percent as it surged from $490 Million last fiscal year to $516 Million this year.
Among the computer services, the exports of software consultancy services witnessed an increase of 5.73 percent. The revenue increased from $176 Million to $186 Million while the exports of hardware consultancy services also increase by 10.27 percent from $0.837 Million to $0.923
Similarly, the exports of other computer services also show a significant increase of 1.38 percent. Meanwhile, the export of information services during the period under review decreased by 23.13 percent going down from $1.340 Million to $1.030 Million.
On the other hand, there is a 14.51 percent increase in the export and import of computer software-related services. It goes from $124 Million to $142 Million. On the other hand, the exports of repair and maintenance services decreased to $0.218 Million from $0.345 Million.
Moreover, the exports of news agency services decreased by 22.66 percent, from $0.962 Million to $0.744 Million. Unfortunately, the exports of other information services also decreased by 24.34 percent, from $0.378 Million to $0.286 Million.
The export of...

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