Pakistan’s services sector recorded a strong upswing in the first five months of the fiscal year, with exports rising by more than $550 million, driven largely by information technology and allied services.

Exports hit $3.83 billion from July to November

According to official documents, total services sector exports reached $3.83 billion during July–November. This represents a 16.77% increase compared to the same period of the previous fiscal year.

The growth reflects improving annual performance across multiple service categories.

November shows sharp year-on-year rise

Services exports in November alone stood at $814.2 million. This marked a significant 22.26% increase compared to November 2024, highlighting accelerating momentum toward the end of the period.

Officials say the sustained rise indicates growing global demand for Pakistani services.

IT and telecom lead the growth

Exports from the information technology sector exceeded $1.89 billion during the five-month period. This figure includes telecommunications, computer, and information services, which together formed the backbone of services export growth.

The continued expansion of IT exports underscores the sector’s role as a key foreign exchange earner.

Broad-based gains across services

In addition to IT, notable increases were recorded in transport, travel, construction, insurance, and financial services exports. The documents show that growth was not limited to a single segment, pointing to broader resilience in the services economy.

This diversification has helped strengthen overall export performance.

Positive outlook for services sector

The strong July–November figures signal a positive trajectory for Pakistan’s services exports in the current fiscal year. Analysts say sustained policy support and global market access could further boost performance in the coming months.