Services' exports increased by 28.89% to $1.8 bln in the first two months of the current fiscal year compared to the corresponding period last year. Pakistan generated $1.881 billion from service exports across July and August 2026-27.
For comparison, service exports reached $1.405 billion during the July-August 2025-26 period. Service imports rose by 9.77% to $2.370 billion over the reviewed period.
This figure contrasts with the $2.159 billion recorded for service imports during July-August 2025-26. Consequently, the services trade deficit contracted by 25.84% to $0.559 billion during the period under review.
The services trade deficit stood at $0.754 billion for the July-August 2025-26 period. Focusing on August alone, service exports climbed by 28.97% to $0.873 billion year-on-year.
In contrast, service exports amounted to $0.676 billion in August 2025. Service imports increased by 2.53% to $1.155 billion compared to $1.127 billion recorded last August.
Furthermore, service imports fell by 4.86% in August 2026 compared to $1.214 billion recorded in July 2026.
