Pakistan’s services exports surge 29% to $1.81 billion in Q1FY27

Profit reported that Pakistan's services exports climbed 28.89 per cent year on year to $1.81 billion in the first two months of FY27, according to figures compiled by the Pakistan Bureau of Statistics (PBS). Receipts from IT, business, transport and travel services provided the main push. The comparable figure for July-August of last year was $1.41 billion, and the growth has continued since the start of the fiscal year.

Telecommunications, computer and information services stayed the largest category, rising 17.36 per cent to $811 million in July-August, compared with $691 million in the prior year, according to State Bank of Pakistan data. Other business services climbed 38.62 per cent, reaching $420 million compared with $303 million in the same period of FY26. Transport receipts grew 35.87 per cent to $178 million, while travel services posted the steepest jump, up 146.66 per cent to $222 million from $90 million a year earlier.

Services imports also rose, though much more slowly, to $2.37 billion in July-August, up 9.77 per cent from $2.16 billion a year earlier. In August alone, exports climbed 28.97 per cent to $873.01 million, whereas imports were 2.53 per cent higher at $1.15 billion.