Pakistan’s exports of telecom, computer raise up to $708.93 million in just 8 months

The exports of Pakistan for telecommunication equipment, computer, and information services have been increased to $539.71 million, registering 3.78% growth in the first half of the current fiscal year 2018-19.

According to data issued by the Pakistan Bureau of Statistics (PBS), the earning made via these exports was $520.043 million during the same period of the last fiscal year 2017-18.

PBS revealed that the overall imports of these sectors reached $49.640 million in July-December (2018-19) from $45.424 million in a similar period of last year. However, the exports regarding telecommunication sector declined by 24.57% in the period under review. These were recorded at $98.740 million, down from $130.909 million.

Meanwhile. the computer services exports have seen significant growth of 13.67%, rising from last year’s $342.94 million to $389.83 million. The software consultancy services grew from $140.471 million to $175.127 million, marking an increase of 24.67%, as noted by PBS.

The export of computer’s maintenance and repair brought $3.297 million, 259% higher than exports of $0.918 million last year. The 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.

Meanwhile, other computer services exports have been recorded at $62.882 million, marking a rise of 19.07% from last year.

In addition to this, information services exports have witnessed a surge by a huge 94.81%. These exports stand at $1.5 million among which news agency services exports saw an increase of 7.21%, while other information services increased by 152%.

In a nutshell, citing the year-on-year basis, the information, computer and information services exports have increased by 4.24 per cent in December 2018, reaching $98 million from $54.01 million last year.