Exports of services grow 19pc in FY26

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

ISLAMABAD: Pakis­tan’s services exports rose by 18.81 per cent in the outgoing FY26, driven largely by higher earnings from the information technology sector, according to official data.

The steady expansion of services exports since the start of FY26 contrasts with mixed trends in merchandise shipments.

Data compiled by the Pakistan Bureau of Statistics showed that services exports increased to $10.04 billion in FY26, up from $8.45bn in the same period last year.

In rupee terms, services exports climbed 19.33pc to Rs2.815 trillion in FY26 from Rs2.359tr in FY25.

Imports up 5.6pc to $11.9bn driven by transport and travel

On a monthly basis, exports grew by 37.20pc in June to $955.91 million against $696.60m in the same month last year.

The increase was led by telecommunications, computer and information services, which have remained the main contributors in 2025-26.

In FY25, Pakistan’s export of services grew 9.23pc to $8.39bn from $7.68bn in FY24.

According to data compiled by the State Bank of Pakistan, exports of telecommunications, computer, and information services surged 20.42pc to $4.60bn in FY26 from $3.82bn a year ago.

The export of other business services rose 27.22pc to $2.15bn in FY26 as against $1.69bn over the last year. However, exports of transport services decreased by 6.61pc to $933m in FY26 compared with $999m in FY25.

Exports of travel services grew 52.74pc to $1.115bn during the year under review, up from $730m a year ago.

At the same time, the import of services rose by 5.67pc to $11.93bn in FY26 against $11.29bn in the preceding fiscal year.

In June, imports of services grew 3.48pc to $932.81m from $901.40m in the corresponding month last year.

The transport sector accounted for the largest share of service imports in FY26, with its value rising to $4.88bn from $4.69bn in the preceding year, refle­cting growth of 4.05pc.

The second-highest share came from travel services, which surged to $2.91bn during the year under review, compared to $2.41bn in FY25 — marking a significant increase of 20.74pc.

The trade deficit in services narrowed by 33.38pc to $1.894bn in FY26, down from $2.843bn in the preceding year.

Published in Dawn, August 7th, 2026

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