August 10, Pakistan – Exports of services in Pakistan saw notable growth during the financial year 2025, amounting to $8.39 billion, largely driven by robust activity in telecom, computing, and information sectors. This represents an increase of 9.23% compared to the previous year’s figure of $7.68 billion, as reported by the Pakistan Bureau of Statistics (PBS). The rise indicates ongoing revival and development within the service industry, which has experienced continuous improvements since February 2024, with only a short drop of 6.5% recorded in August.
Service exports increased by 7.86% in rupees, amounting to Rs 2.345 trillion as opposed to Rs 2.174 trillion from the prior year. This upward movement remained consistent even amid changes in exchange rates, highlighting strength within the industry. Year-over-year figures for June showed an increase of 12.91%, with service exports totaling $726.68 million versus $643.59 million during June 2024. Much of this growth stems from tech-based services, which still hold a leading position in Pakistan’s export mix.
According to figures released by the State Bank of Pakistan, the telecommunications, computing, and information services sector—the biggest contributor among service exports—increased by 18.18% to reach $3.809 billion, compared to $3.223 billion in the previous year. Additional professional services saw an upward trend as well, with a growth rate of 7.35%, amounting to $1.665 billion. Meanwhile, export earnings from transportation services climbed by 27.86% to $982.0 million due to increased needs related to shipping and freight operations. On the contrary, revenue generated through travel-related services declined by 4.88%, settling at $721.0 million down from $758.0 million.
This expansion follows two years of modest progress, during which service exports increased by just 2.77% in FY2024 and 2.78% in FY2023. For FY2023, export values reached $7.30 billion, up from $7.10 billion in FY2022. The administration has established an aggressive objective of boosting IT exports to $15 billion over the coming five years, seeking to position the digital sector as a major catalyst for upcoming economic development.
On the import front, service imports grew by 2.01% during FY2025, rising to $11.02 billion from $10.79 billion in the previous fiscal year. Nevertheless, in June, imports fell significantly by 24.01% compared to the prior year, amounting to $851.56 million as opposed to $1.122 billion in the same period last year. Transportation fees experienced a minor decrease of 0.68%, totaling $4.645 billion, whereas travel imports went up by 6.17% to reach $2.406 billion, indicating higher levels of domestic tourism and international travel.
Although imports increased, Pakistan’s trade deficit in services decreased by 15.84% during fiscal year 2025, dropping to $2.618 billion from $3.11 billion in the previous year. The decline persisted in June, as the deficit fell by 73.9% compared to the same period last year, reaching $124.89 million versus $478.41 million in June 2024. This progress reflects the beneficial effect of robust exports alongside reduced expenditure on imports.