Karachi: Pakistan’s information technology (IT) exports continued to show steady growth, moving closer to the government’s annual target of USD 4.5 billion for the fiscal year 2025-26, according to data compiled by Topline Securities.
In May 2026, IT exports rose 13% year-on-year to USD 373 million, compared to the same month last year. However, on a month-on-month basis, exports declined 12% from USD 423 million recorded in April 2026. Analysts attributed the monthly decline to a reduced number of working days due to Eid holidays.
Despite the monthly slowdown, cumulative IT export proceeds reached USD 4.2 billion during the first 11 months of the fiscal year (July–May 2025-26), reflecting a 21% increase compared to the same period last year.
Net IT exports, calculated after deducting imports, stood at USD 314 million in May, up 7% year-on-year. The figure also remained higher than USD 329 million recorded in May 2025.
Monthly export performance showed fluctuations throughout the fiscal year. Exports stood at USD 338 million in June 2025, rising to USD 354 million in July before slipping to USD 337 million in August. They increased again to USD 366 million in September and USD 386 million in October, before declining to USD 356 million in November.
The sector recorded its highest monthly exports of USD 437 million in December 2025, followed by a decline to USD 374 million in January 2026 and USD 365 million in February. Exports then recovered to USD 413 million in March and USD 423 million in April before easing in May.
The government has set an IT export target of USD 4.5 billion for FY26, while also aiming to expand annual exports to USD 10 billion by FY2028-29 under its Uraan Pakistan economic plan. Analysts estimate that achieving the long-term target would require a compound annual growth rate of around 27%.
Officials said the targets reflect broader efforts to expand services exports and strengthen foreign exchange inflows through the technology sector.
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