South Asia Investor Review

Pakistan's quarterly technology exports reached $635 million in the first quarter of the current fiscal year 2021-22, up more than 6 times since the first quarter of fiscal year 2009-10. The nation's overall quarterly merchandise exports have been relatively flat at about $6 billion average during this period.  Pakistan's Tech Exports 2010-2021. Source: Arif Habib Monthly technology exports soared 36% YoY to $ 215 million in September, 2021 from $158 million in the same month last year.  During 1QFY22, technology recorded exports of worth $ 635 million (40% of overall services’ exports), up by 43% YoY.  Recent Tech Exports FY 2021-22. Source: Arif Habib.  Pakistan also recorded the highest ever monthly exports average of $2.23 billion in fiscal year 2020-21 as textile and  garment exports  jumped 22.94% to reach $15.4 billion in Fiscal Year 2020-21 (July 2020-June 2021), according to data from Pakistan Bureau of Statistics.  At the same time, the count...

Pakistan's technology exports are continuing their growth trajectory, soaring 44% in the first 9 months (July-March) of the current fiscal year 2020-21 to reach $1.512 billion. March 2021 saw record exports of $3.2 billion with goods worth $2.612 billion and services worth $564 million exported during the month.   Pakistan Exports July20-Mar21. Source: State Bank of Pakistan Tech exports accelerated 55% in the month of March 2021 to reach monthly record $213 million ,according to data released by the State Bank of Pakistan. Pakistan's Monthly IT Exports. Source: Pakistonomy Information technology development depends mostly on available talent. Pakistan has seen significant increase in technology manpower since the massive expansion of higher education initiated by  Dr. Ata-ur-Rehman  and backed by huge increase in funding provided by President Pervez Musharraf's government.  Higher education in Pakistan has come a long way since its independence in 1947 when the...

Pakistan's technology exports shot up by 69% in February 2021 from the same month last year. Tech exports soared 41% for the first 8 months (July 2020-February 2021) of the current fiscal year from the same period period last year, according data released by the State Bank of Pakistan.  Pakistan Tech Exports Trend. Source: Arif Habib Securities Technology services exports from Pakistan continued their momentum into February 2021, rocketing up 69% to $179 million, up from $106 million in February 2020. ICT exports for the first 8 months of the ongoing fiscal year 2020-2021 rose 41% to $1.3 billion, on track to reach or surpass the $2 billion mark this year.  In addition to jump in tech services exports, Pakistan is also seeing double-digit growth in exports of engineering goods , up 19.74% for the first 8 months of the current fiscal year.  Export of electric fans posted over 15% growth and other electrical machinery 17.16%. There is real hope for Pakistan to dramatic...