Telecom & IT Exports Grow by 3.78% in First Six Months of FY2018-19

Pakistan’s exports of telecommunication, computer, and information services have increased by 3.78 percent in the first half of the current fiscal year.

The earnings made through these exports reached $539.710 million while last year’s earnings were marked at $520.043 million during the same period.

In the telecommunication sector, call center services exports increased by 9.28 percent. They’ve reached $49.640 million in July-December (2018-19) from $45.424 million in the corresponding period of last year, based on the data from Pakistan Bureau of Statistics (PBS).

However, the exports regarding the telecommunication sector declined by 24.57 percent in the period under review. They were recorded at $98.740 million, down  from $130.909 million.

The computer services exports have seen a growth of 13.67 percent, rising from last year’s $342.940 million to $389.830 million. The software consultancy services grew from $140.471 million to $175.127 million, marking an increase of 24.67 percent.


ALSO READ

IT Exports Show Slow Growth in First Four Months of FY2018-19


However, the hardware consultancy services exports met a decline of 65 percent. The said exports were decreased from $2.574 million to $0.901 million.

Maintenance and repair of computer services brought $3.297 million, 259 percent higher than the exports of $0.918 million last year. Services regarding import and export of computer software also rose by one percent, having been recorded at $147.623 million from last year’s $146.166 million.

Other computer services exports have been recorded at $62.882 million, marking an increase of 19.07 percent from the last year.

Furthermore, information services exports have increased by 94.81 percent. These exports stand at $1.5 million among which news agency services exports saw an increase of 7.21 percent while other information services increased by 152 percent.

On a year-on-year basis, the information, computer and information services exports have increased by 4.24 percent in December 2018, reaching $98 million from $54.010 million last year.

What is more is that the overall trade deficit in services has shrunk during the first half of the current fiscal year by 29.11 percent, as compared to that of the corresponding period of last year.



>