The international trade footprint of the services sector in Pakistan concluded the previous fiscal year with an aggregate shortfall, driven by an overall expansion in service acquisition costs that outpaced outbound billings. According to the fresh balance of payments tracking matrix made public by the State Bank of Pakistan, the country logged a cumulative services trade deficit of one point eight nine one billion dollars throughout fiscal year 2026. This full-year negative position persisted despite visible improvements in international service delivery, as the incoming structural demands for foreign expertise, transport logistics, and international travel facilities generated a higher total expenditure outflow than domestic service providers could offset over the twelve-month horizon.
In contrast to the cumulative annual deficit, the short-term monthly momentum for the sector offered a brief positive divergence at the end of the tracking cycle. The monthly services trade balance turned positive during the final month of the fiscal year, posting a small net surplus of twenty-five million dollars throughout June. While this positive monthly print represents a sequential drop of fifty-three point seven percent when held against the fifty-four million dollar surplus recorded during May 2026, it marks a significant structural turnaround when compared on a year-on-year basis. In the exact same period of the prior year, the monthly services account sat deep in negative territory, registering a trade deficit of two hundred and four million dollars.
This late-season monthly turnaround was propelled by an aggressive expansion in outbound service volumes. Total service exports during the month of June climbed by thirty-six point ninety-six percent on a year-on-year basis to reach nine hundred and fifty-six million dollars, moving well beyond the six hundred and ninety-eight million dollars achieved in June of the prior year. This upward movement was also sustained sequentially, as June export receipts advanced by fourteen point zero eight percent relative to the performance logged in May 2026. Looking at the cumulative annual performance, total services exports for the entirety of fiscal year 2026 reached ten point zero three four billion dollars, showing an increase of eighteen point seventy-five percent compared to the eight point forty-five billion dollars managed during fiscal year 2025.
A closer look at the export composition shows that knowledge-based digital platforms continue to act as the primary catalyst for foreign exchange inflows within the services universe. The category comprising telecommunications, computer, and information services delivered the single largest sectoral contribution during the month of June, securing four hundred and sixteen million dollars and posting a year-on-year growth rate of twenty-two point seventy-one percent. Simultaneously, the segment classified as other business services held the second-highest position by bringing two hundred and twenty million dollars into the local economy during June. This specific division witnessed an explosive annual expansion of sixty-two point ninety-six percent against the one hundred and thirty-five million dollars logged in the same period last year, alongside a month-on-month advance of twenty-six point forty-four percent. Additionally, outbound transport services and international travel provisions added eighty-seven million dollars and one hundred and twenty-eight million dollars respectively to the monthly export basket.
On the import side, the national requirement for foreign services created a steady financial drain throughout the final month of the fiscal cycle. Total service imports during the month of June reached nine hundred and thirty-one million dollars, representing an increase of three point twenty-two percent when measured against the nine hundred and two million dollars utilized during the same month of the previous year. On a month-on-month basis, inbound expenditures also moved upward when compared to the seven hundred and eighty-four million dollars spent over the course of May. Cumulatively, total inbound service outlays for fiscal year 2026 advanced to eleven point nine two五 billion dollars, registering a year-on-year expansion of five point sixty-six percent against the eleven point two九 billion dollars required during the prior fiscal year.
The breakdown of service import allocations shows that international logistics and personal mobility remain the most expensive components for the domestic economy. The highest individual import expense during the month of June was incurred on global transport facilities, which demanded an outflow of three hundred and eighty-five million dollars, reflecting a sharp year-on-year increase of thirty-five point ninety-four percent and a sequential monthly rise of ten point thirteen percent. Meanwhile, outbound travel and international tourism services cost the country approximately one hundred and seventy-two million dollars during the month of June, a spike representing a massive annual surge of one hundred and forty-six point fifteen percent alongside a month-on-month expansion of eleven point three percent, highlighting the high structural reliance on foreign logistical assets and international transportation networks.
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