Services' Exports Jump 28.89% to $1.8 Billion in Two Months
ISLAMABAD, (APP - UrduPoint / Pakistan Point News - 5th Oct, 2026) The export of various services witnessed a significant 28.89 percent increase during the first two months of the current fiscal year compared to the same period last year, according to data from the Pakistan Bureau of Statistics (PBS).
During July-August (2026-27), Pakistan earned $1.881 billion from service exports, up from $1.405 billion in July-August 2025-26.
Services Imports Also Rise
Similarly, the services imports increased by 9.77 percent during this period, reaching $2.370 billion compared to $2.159 billion in July-August 2025-26.
Deficit Narrows
The services trade deficit contracted by 25.84 percent during the review period, standing at $0.559 billion against $0.754 billion.
Year-on-Year and Month-on-Month Trends
On a year-on-year basis, service exports surged by 28.97 percent to $0.873 billion in August 2026 compared to $0.676 billion in August 2025. Imports of services increased by 2.53 percent to $1.155 billion from $1.127 billion during the same month.
However, on a month-on-month basis, service exports experienced a negative growth of 6.93 percent in August 2026 compared to $0.938 billion in July 2026. Service imports declined by 4.86 percent during the same period.
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