Pakistan IT, Telecom exports hit record $4.6bn, miss $5bn target

Pakistan’s Information Technology (IT) and telecom exports climbed to a record $4.6 billion in FY2025-26, but the country fell short of the government’s ambitious $5 billion export target.

According to official figures, IT and telecom export remittances increased from $3.814 billion in FY2024-25 to $4.6 billion in FY2025-26, registering an annual growth of around 20.6 percent.

The sector ended the fiscal year on a strong note, with June 2026 exports rising to $416 million, compared with $373 million in May 2026 and $339 million in June 2025, reflecting both month-on-month and year-on-year growth.

Earlier, data released by the State Bank of Pakistan (SBP) showed IT and telecom export remittances had dipped to $373 million in May from the record $423 million in April, an 11.8 percent monthly decline after consecutive months of exceptional performance.

During the first eleven months (July-May) of FY2025-26, cumulative IT and telecom export remittances had reached $4.184 billion, compared with $3.475 billion in the same period of the previous fiscal year, posting growth of over 20 percent.

The sector had witnessed some volatility during the fiscal year, with exports easing from $437 million in December 2025 to $374 million in January and $365 million in February, before rebounding to $413 million in March and hitting a record $423 million in April.

Despite missing the $5 billion target, the IT sector remained one of Pakistan’s best-performing export industries, supported by rising global demand for software and IT-enabled services, growing freelance earnings, and the expanding international presence of Pakistani technology companies.