Islamabad, Sep 22: In the first two months of the current fiscal year 2024–25, Pakistan imported mobile phones worth $143.889 million, representing a 19.82 percent decline from $179.453 million during the same period of the previous fiscal year 2023–24.
Pakistan also imported mobile phones worth $1.898 billion during the fiscal year 2023–24, down from $570.071 million during the fiscal year 2022–23.
In terms of rupees, the country imported mobile handsets worth Rs40.069 billion during the first two months of the current fiscal year and recorded a 22.73 percent decline from Rs51.853 billion during the same period of the previous fiscal year.
According to data released by the Pakistan Bureau of Statistics (PBS), mobile phone imports into Pakistan increased by 23.14 percent on a Month-on-Month (MoM) basis in August 2024 and stood at $79.406 million compared to imports of $64.483 million in July 2024.
On a Year-over-Year (YoY) basis, mobile phone imports saw a negative growth of 28.68 percent when compared to $111.339 million in August 2023. The total amount of telecom imports into the country stood at $221.725 million during July-August 2024 and registered a 7.73 percent negative growth compared to $240.293 million during July-August 2023.
Overall, telecom imports increased by 16.36 percent on a MoM basis in August 2024 and stood at $119.247 million compared to imports of $102.478 million in July 2024.
