Services exports rise on back of IT boom |
Services exports rise on back of IT boom
ISLAMABAD: Pakistan’s services exports rose by 18.78 per cent in the first seven months of 2025-26 compared with the same period last year, mainly driven by higher earnings from information technology.
The performance contrasts with commodity exports, which have shown mixed trends, as the services sector has experienced continuous growth since the beginning of FY26.
According to data compiled by the Pakistan Bureau of Statistics, the export of services reached $5.66 billion in July-January FY26, up from $4.76bn a year earlier.
Monthly data indicated that services exports rose by 18.27pc year-on-year in July, followed by increases of 8.41pc in August, 14.85pc in September, 17.61pc in October, 22.26pc in November, 15.94pc in December, and 31.12pc in January.
The growth in services exports is primarily driven by telecommunication, computer, and information services since July FY26, compared to the previous year. In rupee terms, exports increased by 20.22pc to Rs1.593 trillion........