Pakistan’s IT exports reached $417 million in July 2026, up 18% from $354 million in July last year, according to data from the State Bank of Pakistan (SBP). The figure marks a strong start to the new fiscal year, right after the sector closed FY2025-26 with a record $4.6 billion in yearly exports.
How This Compares to Recent Months
- June 2026 IT exports stood at $416 million, the highest monthly figure of FY26.
- July 2026’s $417 million edges past that record, keeping the sector’s monthly exports above $400 million for a second straight month.
Compared to July 2025’s $354 million, this year’s July figure is higher by $63 million.
Why the Growth Is Continuing
The IT sector’s growth over the past year ties back to a mix of government support measures, including tax relief for IT companies and freelancers, along with continued market push in the US, UK, Gulf, and European markets. The FY27 federal budget also extended the reduced tax regime for the sector by another three years, a step industry groups had been asking for.
What This Means for Pakistan’s Economy
IT exports made up close to half of Pakistan’s total services exports in FY26, and the sector has become one of the country’s steadiest sources of foreign exchange earnings. A strong July points to this trend holding into the new fiscal year, though monthly figures in the sector have swung up and down before, so one strong month doesn’t guarantee the same pace through the rest of FY27.
