Hajra Naz
Pakistan’s IT export sector has continued to grow at a steady pace, with total inflows approaching the $3 billion mark during the first eight months of the ongoing fiscal year.
Data released by the State Bank of Pakistan shows that earnings from IT and IT-enabled services reached $2.97 billion between July and February. This marks a notable increase from $2.48 billion recorded during the same period last year, reflecting a strong year-on-year growth of 19.6%.
Despite this overall upward trend, recent months have shown signs of slowing momentum. Export receipts stood at $437 million in December 2025 but declined to $374 million in January and slipped further to $365 million in February 2026, pointing to a gradual dip in monthly performance.
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Market observers suggest that this softening could continue in the near term. Ongoing geopolitical tensions, particularly involving the United States, Israel, and Iran, have created uncertainty in the global economy. As a result, many international companies are delaying investments, postponing development projects, and slowing expansion plans.
These challenges are also impacting Pakistan’s key export markets, including the US and the Gulf region. The uncertain environment may make it harder for the country to achieve its ambitious $5 billion IT export target for FY 2025–26.
If the current trend continues, with average monthly exports hovering around $365 million, total IT export earnings are projected to reach approximately $4.5 billion by the end of the fiscal year, falling short of the target.
