BR100 Decreased By (-1.44%)
BR30 Decreased By (-1.74%)
KSE100 Decreased By (-1.27%)
KSE30 Decreased By (-1.33%)
AGHA 8.10 Increased By ▲ 0.10 (1.25%)
BECO 5.39 Decreased By ▼ -0.03 (-0.55%)
BML 63.20 Decreased By ▼ -2.41 (-3.67%)
BOP 35.25 Decreased By ▼ -0.85 (-2.35%)
CNERGY 10.07 Increased By ▲ 0.38 (3.92%)
CSIL 5.81 Decreased By ▼ -0.14 (-2.35%)
FCCL 54.22 Decreased By ▼ -1.66 (-2.97%)
FFL 17.33 Decreased By ▼ -0.25 (-1.42%)
FNEL 1.26 Increased By ▲ 0.01 (0.8%)
KEL 7.94 Decreased By ▼ -0.16 (-1.98%)
KOSM 5.96 Decreased By ▼ -0.17 (-2.77%)
LOTCHEM 31.74 Increased By ▲ 0.28 (0.89%)
MLCF 101.20 Decreased By ▼ -3.04 (-2.92%)
NBP 206.01 Decreased By ▼ -4.56 (-2.17%)
NCPL 58.90 Decreased By ▼ -1.26 (-2.09%)
NPL 66.98 Decreased By ▼ -1.51 (-2.2%)
OGDC 331.97 Decreased By ▼ -2.16 (-0.65%)
PACE 11.26 Decreased By ▼ -0.30 (-2.6%)
PAEL 43.85 Decreased By ▼ -1.18 (-2.62%)
PIBTL 17.70 Decreased By ▼ -0.27 (-1.5%)
PPL 231.85 Decreased By ▼ -4.70 (-1.99%)
PRL 42.78 Increased By ▲ 0.71 (1.69%)
PTC 69.52 Decreased By ▼ -1.47 (-2.07%)
SSGC 30.50 Decreased By ▼ -0.33 (-1.07%)
TBL 10.44 Decreased By ▼ -0.12 (-1.14%)
TELE 9.29 Increased By ▲ 0.12 (1.31%)
TPL 16.65 Decreased By ▼ -0.82 (-4.69%)
TPLP 11.76 Decreased By ▼ -0.86 (-6.81%)
TREET 24.48 Decreased By ▼ -0.25 (-1.01%)
TRG 64.00 Decreased By ▼ -1.58 (-2.41%)
Pakistan

IT services export up 13pc in 11 months   

Published Updated

ISLAMABAD: Export of Information Technology related services from the country increased to $963.6 million during first 11 months of the year 2017-18 compared to the exports worth of $852.64 million during same period of the preceding year, thus posting an increase of 13.01 percent.

On yearly basis, the exports of IT related services also recorded a surge of 51.85 percent as it rose to $41.03 million in May, 2018 from $27.02 million in same month of previous year.

The country wise data shows that highest IT services were exported to the United States where $517.55 million worth of export was recorded during July-May (2017-18) followed by $83.23 million to United Arab Emirates (UAE).

Similarly exports to United Kingdom during the period under review was recorded at $73.19 million, Singapore $34.8 million, Malaysia 33.11 million, Ireland $20 million, China $17.5 million, Canada $18.16 million, and Australia $18 million.

According to breakup figures, export of telecommunication services witnessed a decrease of 7.34 percent during Jul-May (2017-18) to $311.19 million against the export worth of $335.8 million in same period of the preceding year.

Export of call centers' services witnessed 24.73 percent increase from 75.12 million in Jul-May (2017-18) to $93.7 million in same period of the year corresponding year.

Similarly computer services' export also rose to $650.8 million from $515.3 million during the corresponding period of fiscal year 2016-17, thus showing an increase of 26.28 percent.

Among computer services, hardware consultancy services' export rose by 18.3 percent, software consultancy services' increased by 26.11 percent to to $259.57 million, whereas export of computer software also increased by 20.08 percent to $283.24 million.

Likewise export of information services export increased by 11.19 percent as it rose to $1.59 million in Jul-May (2017-18) against export of $1.4 million in same period of the preceding year.

Copyright APP (Associated Press of Pakistan), 2018

Comments

Comments are closed for this article.