Pakistan’s I.T. exports rose 17% year-on-year to $394 million in August, despite declining 6% from the previous month, as the country’s technology services sector continued its upward growth trajectory, according to industry data.
The August export figure was the highest ever recorded for the month, while the month-on-month decline reflected a high base effect after July posted Pakistan’s second-highest monthly I.T. export figure, analysts said.
The August figure was also above the FY26 monthly average of $383 million. I.T. exports averaged $401 million over the past six months and $389 million over the past 12 months.
Growth driven by global expansion
Analysts attributed the continued year-on-year growth in I.T. exports to increased client engagement and the expanding global penetration of Pakistani I.T. exporters, particularly in the Gulf Cooperation Council region.
Positive regulatory changes introduced by the State Bank of Pakistan, including higher permissible limits for exporters’ Special Foreign Currency Accounts, have also supported the sector, analysts said.
They said stability in the Pakistani rupee has encouraged I.T. companies to remit a higher portion of their export proceeds back to Pakistan. Net I.T. exports, after accounting for imports related to the sector, increased 16% year-on-year to $336 million in August.
I.T. share of exports rises
I.T. exports accounted for 11.8% of Pakistan’s total exports of goods and services in August, up from 10.6% in the same month last year and 10.6% in July. However, I.T. exports as a share of Pakistan’s services exports stood at 45.2% in August, compared with 49.8% a year earlier and 44.4% in July.
The figures highlight the growing contribution of technology services to Pakistan’s external earnings, even as the sector’s share of overall services exports fluctuates from month to month.
Industry targets higher exports
The Ministry of Information Technology and Telecommunication has set a target of $25.1 billion in .I.T exports by fiscal year 2030, including $15.3 billion from I.T. services.
The I.T. industry, meanwhile, expects exports to grow by 15% to 20% in fiscal 2027, potentially reaching $5.3 billion to $5.5 billion. The sustained year-on-year increase in monthly I.T. exports, coupled with higher net export receipts, points to continued expansion of Pakistan’s technology services sector as companies seek to increase their presence in international markets.