Services exports rise 17pc in July-November

Published
3
A file photo of shipping containers. — AFP/File
A file photo of shipping containers. — AFP/File

ISLAMABAD: Pakistan’s exports of services grew 16.77 per cent during the first five months (July-November) of 2025-26, driven largely by an increase in information technology exports.

In contrast to commodity exports, which have exhibited mixed trends, the services sector has consistently recorded positive growth since the start of the fiscal year.

According to data compiled by the Pakistan Bureau of Statistics, 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, and 22.26pc in November. The growth in export of services is mainly led by telecommunication, computer and information services.

The export of services reached $3.833 billion in July-November FY26, up from $3.283bn over the corresponding months of last year. In rupee terms, the exports improved by 18.42pc to Rs1.081 trillion in 5MFY26 against Rs913.145bn in 5MFY25. This clearly indicates that export of services is steadily on the rise in the current fiscal year.

In November, the export of services reached to $814.25m from $666.01m over the corresponding month of last year, indicating growth of 22.26pc. On a month-on-month basis, the exports of services grew 0.41pc.

According to the data compiled by the State Bank of Pakistan, the exports of telecommunications, computer, and information services rose 18.51pc to $1.799bn in 5MFY26 against $1.518bn in 5MFY25.

The export of other business services jumped 24.01pc to $816m in 5MFY26 as against $658m in 5MFY25. The export of transport services increased by 2.76pc to $372m against $362m last year. However, the export of travel services grew 9.15pc to $322m in 5MFY26.

At the same time, the import of services surged by 12.78pc to $5.146bn in 5MFY26 as against $4.563bn in 5MFY25. On a month-on-month basis, the import of services decreased by 9.04pc.

The largest share in the import of services during 5MFY26 was attributed to the transport sector, with its value rising 6.35pc to $2.093bn followed by travel services, which surged 54.27pc to $1.487bn. The trade deficit in services increased by 2.55pc to $1.312bn in 5MFY26 compared to $1.279bn in 5MFY25.

Published in Dawn, January 6th, 2026

Follow Dawn Business on X, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Narrative confusion
Updated 14 Oct, 2026

Narrative confusion

The centre must say clearly how long it intends it to last, what it hopes to achieve in that time, and how the province’s elected mandate will be restored.
El Niño’s long reach
14 Oct, 2026

El Niño’s long reach

THE extraordinary El Niño gathering strength in the Pacific could make 2026 the hottest year on record, with 2027...
Deeper poverty
14 Oct, 2026

Deeper poverty

PAKISTAN’S poverty crisis is far deeper than official indicators suggest. While the government celebrates economic...
Yemen escalation
Updated 13 Oct, 2026

Yemen escalation

Such an agreement can also help bring peace to Saudi Arabia, while ending Yemen’s humanitarian nightmare.
Inequitable taxation
13 Oct, 2026

Inequitable taxation

FINANCE Minister Muhammad Aurangzeb has once more reviewed the latest incentive scheme to bring retailers into the...
Taxila’s hidden past
13 Oct, 2026

Taxila’s hidden past

A HILL dismissed more than a century ago as an unremarkable heap of ruins has yielded one of Taxila’s most...