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◕ SundialUpdated 23 hours ago
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IT sector hits new export high, falls short of government target

IT sector hits new export high, falls short of government target

Key Takeaways

  • Pakistan's IT and telecom exports reached a record USD4.6 billion in fiscal year 2025-26.
  • The sector grew by around 20.6 percent from the previous year.
  • Despite missing the ambitious USD5 billion goal, IT remains one of Pakistan’s top export industries.

Pakistan's information technology (IT) and telecom exports reached a historic high of USD4.6 billion in fiscal year 2025-26, according to official figures from the State Bank of Pakistan (SBP). This marks an increase of approximately 20.6 percent compared to the previous fiscal year, which saw exports valued at USD3.814 billion.

The growth was particularly strong in June 2026, with exports reaching USD416 million, up from USD373 million in May and USD339 million in June of the previous year. This reflects both month-on-month and year-on-year growth, indicating a robust performance for the sector.

During the first eleven months (July-May) of 2025-26, cumulative IT and telecom export remittances reached USD4.184 billion, up from USD3.475 billion in the same period of the previous fiscal year, representing a growth rate of over 20 percent.

The sector experienced some volatility during the fiscal year, with exports dipping to as low as USD365 million in February before rebounding to a record USD423 million in April. Despite these fluctuations, IT and telecom export remittances ended the fiscal year on a strong note, hitting USD413 million in March.

While the sector missed the government’s ambitious target of USD5 billion, it remains one of Pakistan's best-performing export industries. The growth can be attributed to rising global demand for software and IT-enabled services, increasing freelance earnings, and the expanding international presence of Pakistani technology companies.

The SBP data also showed that in May 2026, exports had dipped slightly to USD373 million from the record USD423 million in April, marking an 11.8 percent monthly decline after several months of exceptional performance. However, this did not deter the overall positive trend for the fiscal year.

The IT sector's success is a significant boost to Pakistan’s economy and highlights its potential as a key player in the global tech market. As the country continues to invest in digital infrastructure and talent development, it is expected that the IT export figures will continue to grow in future fiscal years.