Mobile phone imports in Pakistan drop by nearly 70%

According to the Pakistan Bureau of Statistics (PBS), Pakistan’s import of mobile phones has decreased by 68.29 per cent during the first eight months of the current fiscal year (2022-23) compared to the same period last year.

The value of mobile phones imported from July to February (2022-23) was US $447.855 million, whereas it was US $1412.445 million in the corresponding period of the previous year.

In February 2023, the import of mobile phones decreased by 76.73 per cent compared to February 2022. The imports for February 2023 were valued at US $33.054 million, whereas the exports for February 2022 were US $142.033 million.

Furthermore, the data shows that the import of mobile phones witnessed a month-on-month decline of 36.39 per cent during February 2023, as compared to January 2023, with imports valued at US $51.960 million.