Pakistan’s IT Exports Hit Record High Level of Over $350 Million in July

Pakistan’s information and communication technology (ICT) exports continued their upward trajectory, reaching $354 million in July 2025, marking a robust 23.8 percent year-on-year growth compared to $286 million in July 2024. The figure also represents a 4.4 percent month-on-month increase from June, when exports had already shown strong momentum. The July performance pushed the ICT sector’s trade surplus to $317 million, making it the highest among all service categories. This Pakistan’s reflected a strong 25.8 percent increase compared to last year, underscoring the industry’s expanding footprint in Pakistan’s external trade. By contrast, most other service categories struggled to maintain momentum. With ICT exports now accounting for 47.5 percent of the country’s total services exports, the sector has consolidated its position as Pakistan’s most dynamic export segment. The next highest contributor was “Other Business Services,” which earned $151 million during July. The growing share highlights how ICT has become the backbone of services trade in the country. In sharp contrast to the ICT sector’s gains, the overall services sector posted a deficit of $126 million in July 2025. This gap highlights the dependence of Pakistan’s external account on the digital economy, as technology-driven exports continue to buffer weaknesses in other categories. In June 2025, ICT exports had already touched $338 million, registering a solid 13.8 percent year-on-year growth, which laid the foundation for the July surge.