BMA Research has published a report on Pakistan’s IT Sector Monthly Exports (March 2026). Based on figures released by SBP, Pakistan’s IT exports grew by 21% YoY to tick at USD 413 mn in Mar’26. Cumulatively, exports increased by 22% in 9MFY26, rising from USD 2.77 bn to USD 3.38 bn.

Key Highlights

Net Exports of the service sector (Export-Import) displayed a monthly deficit of USD 23 mn.

Average monthly exports in CY25 stood at USD 348 mn, up from USD 299 mn in the same period last year. On a MoM basis, IT exports increased by USD 365 mn, reflecting a 13% MoM increase due to the seasonal impact. Export growth was driven by the increasing expansion of Pakistani IT firms into MENAP and European markets.

Additionally, the relative stability of the rupee against the US dollar incentivised exporters to repatriate a larger share of their foreign earnings, further boosting monthly inflows.

Sector momentum was further strengthened by supportive policies, including the Equity Investment Abroad (EIA) scheme, which permits exporters to retain up to 50% of their foreign currency earnings (increased from 35%) for overseas investments, thereby encouraging profit repatriation and enabling international expansion.

Ministry of IT has set a target of USD 5 bn exports for FY26. However, the industry expects approximately USD 4.5 bn for FY26.