Pakistan’s Services Exports Jump Nearly 17% in FY26, Led by IT and Telecom Growth

Pakistan’s exports of services recorded strong growth during the first five months of fiscal year 2025–26, rising by 16.77 percent to $3.833 billion between July and November, according to official data.

The increase was mainly driven by higher earnings from information technology and telecom-related services.

Data from the Pakistan Bureau of Statistics show that services exports have grown consistently on a year-on-year basis since the start of the fiscal year.

Monthly growth was recorded throughout the period, with exports rising 18.27 percent in July, 8.41 percent in August, 14.85 percent in September, 17.61 percent in October, and 22.26 percent in November.

In local currency terms, services exports increased by 18.42 percent to Rs1.081 trillion during July–November FY26, compared with Rs. 913.15 billion in the same period last year.

This highlights the steady expansion of Pakistan’s services sector, even as commodity exports showed mixed trends.

During November alone, services exports reached $814.25 million, up from $666.01 million a year earlier.

This represented a year-on-year increase of 22.26 percent, while month-on-month growth stood at 0.41 percent.

State Bank of Pakistan data show that exports of telecommunications, computer, and information services grew by 18.51 percent to $1.799 billion.

Other business services exports rose by 24.01 percent to $816 million. Transport services increased by 2.76 percent to $372 million, while travel services grew by 9.15 percent to $322 million.

Meanwhile, services imports rose by 12.78 percent to $5.146 billion during the same period.

As a result, the services trade deficit widened slightly by 2.55 percent to $1.312 billion, despite the strong export performance.

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