In ten months, Pakistan’s exports of IT services bring in $2,197 million

Throughout the first ten months of the fiscal year 2021–2022, Pakistan made US $2,197.787 million by offering various information technology (IT) services in other nations.

According to Pakistan Bureau of Statistics (PBS), this represents a gain of 29.29 percent over the US $1,699.860 million received from the provision of services during the comparable period of fiscal year 2020–21. The export of computer services increased by 30.77% between July and April of 2021–2022 from US $1,343.550 million in the previous fiscal year to US $1,756.957 million this year. Software consulting services saw a 48.43 percent increase in exports from US $443.478 million to US $658.239 million, while hardware consulting services saw a 337.72 percent increase from US $0.456 million to US $1.996 million.

While exports of repair and maintenance services increased to $1.249 million from $0.464 million, they also increased by 41.42 percent, from US $331.730 million to US $469.133 million. Additionally, the exports of other computer services rose from $567.422 million to $626.340 million, a 10.38 percent gain. In the meantime, from $3.240 million to $4.520 million, the export of information technology services climbed by 39.51 percent over the period under consideration.