Pakistan’s IT and telecom sector posted its highest-ever export earnings in FY2025-26, reaching $4.6 billion. However, the industry still missed the government’s $5 billion export target. Official data showed that IT and telecom export remittances rose from $3.814 billion in FY2024-25 to $4.6 billion in FY2025-26. This marked an annual growth of around 20.6 percent.
The sector also finished the fiscal year on a positive note. Export remittances climbed to $416 million in June 2026. This was higher than $373 million in May 2026 and $339 million in June 2025. The figures showed strong growth on both a monthly and yearly basis.
Earlier data from the State Bank of Pakistan (SBP) had revealed a temporary slowdown in May. IT and telecom export remittances dropped to $373 million from a record $423 million in April. The decline stood at 11.8 percent and came after several months of strong performance.
Exports Stay Strong Despite Monthly Swings
Despite that dip, the sector maintained steady growth throughout the year. During the first eleven months of FY2025-26, from July to May, cumulative export remittances reached $4.184 billion. In the same period of FY2024-25, exports stood at $3.475 billion. This represented growth of more than 20 percent.
The sector also saw some fluctuations during the fiscal year. Export remittances fell from $437 million in December 2025 to $374 million in January and then to $365 million in February. However, the decline did not last long. Exports recovered to $413 million in March before hitting a record $423 million in April.
Although Pakistan did not achieve its $5 billion target, the IT industry remained one of the country’s strongest export sectors. Rising global demand for software services played a major role in this growth. In addition, higher freelance earnings and the expanding international footprint of Pakistani technology firms continued to support the industry’s performance.
