Pakistan IT exports hit record 386 million dollars in October

Four-month receipts rise to 1.4 billion dollars; SBP measures, stable rupee support inflows

Pakistan’s IT exports rose to an all-time high of 386 million dollars in October 2025, up 17 percent year-on-year and five percent from September, official data showed on Monday. The figure remained above the 12-month average of 332 million dollars and marked the fifth straight month of annual growth. According to a report by the Express Tribune.

Net IT exports (exports minus imports) reached 335 million dollars during the month, increasing 12 percent year-on-year and two percent month-on-month. Daily proceeds stood at 16.78 million dollars in October, compared with 16.64 million dollars in September.

The strong monthly number pushed total IT exports for the first four months of FY26 to 1.4 billion dollars, reflecting 20 percent year-on-year growth.

Analysts attributed the continued rise to the State Bank of Pakistan’s decision to raise the permissible retention limit in Exporters’ Specialised Foreign Currency Accounts from 35 percent to 50 percent. The central bank has also allowed equity investment abroad through these accounts, a move that has encouraged larger repatriation amid a stable rupee.

A Pakistan Software Houses Association (P@SHA) survey showed that 62 percent of IT companies are maintaining specialised foreign currency accounts. Topline Research analyst Sania Irfan said the introduction of the Equity Investment Abroad facility, which allows exporters to acquire stakes in overseas entities using up to half of their retained proceeds, would help maintain confidence and keep inflows steady.

The government has set a five billion dollar export target for FY26. Topline expects IT exports to grow 18 to 20 percent this year, reaching around 4.5 billion dollars.

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