Export of services rises to $6.2bn in July-March

Pakistan’s export of services grew 9.85 per cent to $6.24 billion in the first nine months of 2024-25 from $5.68bn a year ago, driven by a surge in demand for telecommunication, computer, and information services. Services exports have seen positive growth since February 2024. However, there was a 6.50pc decline in August 2024. In rupee terms, the exports improved by 7.41pc to Rs1.734 trillion in 9MFY25 against Rs1.616tr in FY24, according to statistics released by the Pakistan Bureau of Statistics on Thursday. In March, services exports recorded a growth of 4.89pc to $743.32 million as against $708.66m over the corresponding month of last year.