BR100 Decreased By (-0.55%)
BR30 Decreased By (-1.17%)
KSE100 Decreased By (-0.5%)
KSE30 Decreased By (-0.47%)
AGHA 6.70 Increased By ▲ 0.02 (0.3%)
BECO 4.37 No Change ▼ 0.00 (0%)
BML 56.40 Decreased By ▼ -0.92 (-1.61%)
BOP 30.08 Decreased By ▼ -0.27 (-0.89%)
CNERGY 12.97 Decreased By ▼ -0.15 (-1.14%)
CSIL 5.33 Decreased By ▼ -0.08 (-1.48%)
FCCL 52.10 Decreased By ▼ -0.69 (-1.31%)
FFL 14.54 Decreased By ▼ -0.18 (-1.22%)
FNEL 1.21 Increased By ▲ 0.09 (8.04%)
KEL 6.11 Increased By ▲ 0.02 (0.33%)
KOSM 5.96 Increased By ▲ 0.23 (4.01%)
LOTCHEM 26.20 Decreased By ▼ -0.26 (-0.98%)
MLCF 91.45 Decreased By ▼ -1.71 (-1.84%)
NBP 163.89 Decreased By ▼ -0.77 (-0.47%)
NCPL 53.62 Decreased By ▼ -2.04 (-3.67%)
NPL 58.89 Decreased By ▼ -2.27 (-3.71%)
OGDC 314.00 Decreased By ▼ -2.73 (-0.86%)
PACE 9.82 Decreased By ▼ -0.05 (-0.51%)
PAEL 35.15 Decreased By ▼ -0.48 (-1.35%)
PIBTL 14.77 Increased By ▲ 0.09 (0.61%)
PPL 222.48 Decreased By ▼ -4.43 (-1.95%)
PRL 91.11 Decreased By ▼ -1.91 (-2.05%)
PTC 59.20 Decreased By ▼ -1.06 (-1.76%)
SSGC 23.24 Decreased By ▼ -0.57 (-2.39%)
TBL 8.75 No Change ▼ 0.00 (0%)
TELE 7.59 Decreased By ▼ -0.21 (-2.69%)
TPL 22.02 Decreased By ▼ -0.33 (-1.48%)
TPLP 12.60 Decreased By ▼ -0.37 (-2.85%)
TREET 21.85 Decreased By ▼ -0.31 (-1.4%)
TRG 56.27 Decreased By ▼ -0.29 (-0.51%)
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.