Karachi: Pakistan’s information technology (IT) exports reached an all-time high of USD 386 million in October 2025, marking a 17% increase compared to the same month last year and a 5% rise from September 2025, according to industry data.
The October figure surpasses the 12-month average of USD 332 million and represents the fifth consecutive month of year-on-year growth in IT exports, starting from June 2025. For the first four months of the fiscal year 2025-26 (4MFY26), Pakistan’s IT exports have accumulated to USD 1.4 billion, reflecting a 20% increase compared to the same period last year.
Daily export proceeds in October averaged USD 16.78 million, slightly higher than USD 16.64 million recorded in September. Net IT exports, calculated by subtracting imports from total exports, reached USD 335 million, showing a 12% year-on-year increase and a 2% rise month-on-month, also exceeding the 12-month average of USD 292 million.
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The government has set an ambitious target of USD 5 billion in IT exports for FY26. Analysts, however, expect a more conservative growth rate of 18–20%, projecting total exports of approximately USD 4.5 billion by the end of the fiscal year, up from USD 3.8 billion in FY25. Under the Uraan Pakistan economic plan, the government aims to achieve USD 10 billion in IT exports by FY29, targeting a compound annual growth rate (CAGR) of 27%.
Industry experts attribute October’s growth to an expanding global client base, particularly in the Gulf Cooperation Council (GCC) region, alongside supportive government measures. Key policy interventions include the State Bank of Pakistan’s decision to relax the retention limit for Exporters’ Specialised Foreign Currency Accounts (ESFCAs) from 35% to 50% and the introduction of equity investment abroad (EIA) through these accounts. Stability in the Pakistani rupee has also encouraged IT firms to repatriate a larger portion of their profits.
According to a survey by the Pakistan Software Houses Association (P@SHA), 62% of IT companies currently maintain specialised foreign currency accounts, and experts believe the SBP’s EIA facility will further bolster exporter confidence and support sustained growth in the sector.