Hajra Naz
Pakistan’s monthly IT exports reached $329 million in May 2025, showing a 1% drop year-over-year (YoY). However, this was still 4% higher month-over-month (MoM) compared to April.
Despite the YoY dip, May’s export numbers were above the 12-month average of $314 million, according to Topline Securities. This marks the first annual decline in IT exports after 19 straight months of growth.
Daily IT export proceeds in May stood at $16.5 million, up from $15.9 million in April 2025.
11-Month Performance Still Strong
From July 2024 to May 2025 (11MFY25), total IT exports reached around $3.5 billion, showing a 19% increase YoY.
This growth is attributed to
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Pakistani IT firms are expanding their global client base, especially in the Gulf Cooperation Council (GCC) region.
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The State Bank of Pakistan (SBP) is relaxed rules by raising the foreign currency retention limit from 35% to 50% for exporters.
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New regulations allow equity investments abroad using these foreign accounts.
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Stability in the Pakistani Rupee (PKR) encourages companies to bring more earnings back to Pakistan.
Read More: Pakistan’s IT Exports Poised to Hit $4 Billion in FY25—Growth, Trends & Future Outlook
Engagement in Global Events
Pakistani IT firms have been active globally. Many attended LEAP 2025 in Saudi Arabia and the Web Summit Qatar 2025, helping boost visibility and partnerships.
According to a P@SHA survey,
62% of IT companies in Pakistan are using specialized foreign currency accounts to manage their export earnings.
Major Policy Change by SBP
In a key move, the SBP introduced a new category: Equity Investment Abroad (EIA). This allows export-oriented IT companies to invest in international ventures using up to 50% of their export proceeds from their foreign currency accounts.
This policy is expected to further build trust and encourage exporters to repatriate more earnings back to Pakistan.
Net Exports Also Improve
Net IT exports (after subtracting imports) were $294 million in May 2025, up 1% YoY and 2% MoM. This number is also above the 12-month average of $272 million.
Future Outlook
Industry sources estimate that total IT exports for FY25 will reach around $3.8 billion, a 17% increase year over year.
The government’s “Uraan Pakistan” economic plan calls for $10 billion in IT exports by FY29. Over the following four years, this would necessitate a compound annual growth rate (CAGR) of 28%.
