Pakistan’s IT exports surge 38.7% to $292m in Sep
By MG News | November 18, 2024 at 10:19 AM GMT+05:00
November 18, 2024 (MLN): Pakistan's Telecommunications, Computer, and Information Services exports surged 38.66% to $330 million in October compared to exports of $238m in the same month last year.
It is worth mentioning that IT exports stand out as the largest contributor to the country's services exports, accounting for 47.9% in September.
A month-on-month comparison reveals that IT exports spiked 13.01%, rising from $292m reported in September 2024.
Meanwhile, imports for the category during the review month fell 16.22% compared to the previous year and 8.82% compared to September.
On a cumulative basis, IT exports clocked in at $1.21bn, reflecting a substantial 34.9% growth compared to the first four months of the previous fiscal year.
On the other side, SBP reported that the country faced $143m in IT imports, up by 9.16% YoY.
Copyright Mettis Link News
Related News
| Name | Price/Vol | %Chg/NChg |
|---|---|---|
| KSE100 | 127,301.35 133.94M |
1.33% 1674.03 |
| ALLSHR | 79,268.31 423.75M |
0.87% 683.59 |
| KSE30 | 38,756.68 40.21M |
1.58% 602.89 |
| KMI30 | 186,683.25 52.76M |
0.97% 1796.76 |
| KMIALLSHR | 54,088.49 227.72M |
0.60% 324.69 |
| BKTi | 32,502.60 29.15M |
1.82% 580.92 |
| OGTi | 27,781.53 2.14M |
0.03% 7.55 |
| Symbol | Bid/Ask | High/Low |
|---|
| Name | Last | High/Low | Chg/%Chg |
|---|---|---|---|
| BITCOIN FUTURES | 107,315.00 | 108,105.00 107,145.00 |
-920.00 -0.85% |
| BRENT CRUDE | 66.51 | 66.63 66.34 |
-0.23 -0.34% |
| RICHARDS BAY COAL MONTHLY | 97.00 | 97.00 97.00 |
1.05 1.09% |
| ROTTERDAM COAL MONTHLY | 107.65 | 107.65 105.85 |
1.25 1.17% |
| USD RBD PALM OLEIN | 998.50 | 998.50 998.50 |
0.00 0.00% |
| CRUDE OIL - WTI | 64.85 | 65.02 64.67 |
-0.26 -0.40% |
| SUGAR #11 WORLD | 16.19 | 16.74 16.14 |
-0.52 -3.11% |
Chart of the Day
Latest News
Top 5 things to watch in this week
Pakistan Stock Movers
| Name | Last | Chg/%Chg |
|---|
| Name | Last | Chg/%Chg |
|---|