Tech exports hit record $ 4.2 bn in 11MFY26

Aftab Maken

ISLAMABAD: Pakistan’s information technology sector has achieved a new milestone, with technology exports reaching a record $4.2 billion during the first 11 months of fiscal year 2025-26, reflecting strong growth in the country’s digital economy and rising global demand for Pakistani tech services.

According to the latest industry figures, Pakistan recorded $373 million in technology exports during May 2026, marking a 13 percent increase compared to the same month last year. Cumulative exports for the July 2025 to May 2026 period rose 20 percent year-on-year, highlighting the sector’s continued momentum despite global economic uncertainties.

With one month remaining in the fiscal year, industry experts expect total IT and technology exports to exceed $4.5 billion by the end of FY26, setting another annual record for the sector.

The technology industry has emerged as one of Pakistan’s strongest export-performing sectors, contributing significantly to foreign exchange earnings while creating high-value employment opportunities across software development, freelancing, business process outsourcing, artificial intelligence, fintech, and digital services.

Industry stakeholders say the sector’s rapid expansion has been supported by growing international demand, an expanding pool of skilled professionals, and increasing adoption of digital technologies by businesses worldwide. Pakistan’s freelance workforce and software houses have also played a key role in strengthening the country’s position in global technology markets.

The strong export performance comes at a time when Pakistan is seeking to diversify its export base and reduce reliance on traditional sectors. Analysts believe the IT industry offers substantial growth potential due to its relatively low capital requirements and ability to generate high-value exports.

Experts have emphasized the importance of policy continuity, regulatory stability, and targeted incentives in sustaining the sector’s growth trajectory. They argue that supportive measures in the FY27 budget could help attract additional foreign investment, expand technology infrastructure, and encourage innovation-driven entrepreneurship.

The record export figures further reinforce Pakistan’s growing reputation as an emerging global technology destination. Industry leaders remain optimistic that continued government support and investment in digital skills development will enable the sector to maintain double-digit growth in the coming years.

As Pakistan’s digital economy expands, the technology sector is expected to play an increasingly important role in economic growth, job creation, and the country’s long-term export strategy.