Shafaqna Pakistan: Pakistan’s information technology exports reached a record $4.5 billion in the fiscal year ending June 2026, marking a 29 per cent increase from the previous year, according to state broadcaster Radio Pakistan.
The strong growth highlights the rapid expansion of the country’s technology sector, which has emerged as Pakistan’s largest services exporter and an important source of foreign exchange.
The increase was driven by rising global demand for software development, business process outsourcing (BPO) and other digital services, along with government initiatives to boost technology exports and attract investment into the sector.
“According to statistics, IT exports reached a record $4.5 billion in the last financial year, marking an increase of about 29 percent,” Radio Pakistan reported.
The broadcaster said the increase was driven by strong performance in software development, business process outsourcing, the gaming industry and Software as a Service (SaaS), a business model in which companies deliver software over the Internet through subscriptions instead of selling programs that customers install on their own computers.
Radio Pakistan also said Pakistani technology companies had increased export earnings by expanding into new overseas markets.
“Pakistani IT companies boosted export revenues by expanding their access to Asia-Pacific markets, including Japan and Singapore,” it reported.
The Asia-Pacific expansion marks a diversification of Pakistan’s technology exports beyond its traditional markets in North America, Europe and the Gulf, as local firms seek new customers for software, outsourcing and other digital services.
Source: Dunya News
