2MFY27 ITeS export remittances surge 17.4pc YoY

ISLAMABAD: Pakistan’s information technology and IT-enabled services (ITeS) export remittances comprising computer services and call centre services surged by 17. 4 percent to USD 811 million during the first two months of fiscal year 2026-27, up from USD 691 million in the same period last year, according to official data released here on Wednesday. However, monthly exports fell six percent in August to USD 394 million from USD 417 million in July, the data showed. The strong growth in IT-related services provided further support to the country’s services export earnings and foreign exchange inflows during July-August 2026. According to the data on exports and imports of goods and services, exports under telecommunications, computer and information services stood at USD394 million in August 2026, compared with USD337 million in August 2025, showing an increase of 16. 9 percent year-on-year. Also read: Pakistan IT export receipts stand at over $400mn in July 2026 In July 2026, exports under the category were recorded at USD417 million, taking the cumulative July-August receipts to USD 811 million. The data showed that telecommunications, computer and information services remained the largest component of Pakistan’s services exports, accounting for around 45 percent of total services exports of USD1. 811 billion during July-August FY2026-27. Total exports of services increased to USD 1. 811 billion during the first two months of 2026-27 from USD 1. 405 billion in the same period of 2025-26, registering growth of around 29 percent. The latest figures indicate that technology-related exports continued to make a substantial contribution to Pakistan’s external sector, with IT and telecom services generating a major share of the country’s services export receipts. Within the broader services sector, exports of transport services rose to USD 178 million in July-August FY2026-27 from USD 131 million, while travel services increased to USD 222 million from USD 90 million. Exports of other business services also rose to USD 420 million from USD 303 million during the period. The overall improvement in services exports helped contain the widening merchandise trade gap, as the combined goods and services balance showed a deficit of USD 6. 752 billion during July-August FY2026-27, compared with USD 5. 964 billion in the corresponding period of FY2025-26. The data showed goods exports at USD 5. 445 billion during July-August FY2026-27 against USD 5. 238 billion last year, while imports of goods reached USD 11. 635 billion, compared with USD 10. 449 billion. The continued rise in IT and telecom services exports highlights the growing importance of the digital sector as a source of foreign exchange earnings, alongside traditional merchandise exports. Copyright Business Recorder, 2026

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