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Home Business & Stock

Mobile phone imports decreases over 68% to $447 mln in 8 months

APP by APP
March 23, 2023

ISLAMABAD: The import of mobile phones into the country has witnessed a decrease of 68.29 percent during the eight months of the current fiscal year (2022-23) as compared to the corresponding period of last year.

Also read: ‘Pakistan has manufactured 19.7m cellphones in 11 months of 2022’: PTA

Pakistan imported mobile phones worth US $ 447.855 million during July-February (2022-23) as compared to the imports of US $ 1412.445 million during July- February (2021-22), showing a decline of 68.29 percent, according to the Pakistan Bureau of Statistics (PBS).

Meanwhile, on a year-to-year basis, the import of mobile phones also dipped by 76.73 percent during the month of February 2023 when compared to the same month of last year.

Also read: Cell phones’ import falls 64.94pc in first 4 months of FY23

The import of mobiles into the country during February 2023 was recorded at $ 33.054 million against the exports of $142.033 million in February 2022.

On a month-on-month basis, the imports of mobile phones also witnessed a decrease of 36.39 percent during February 2023, as compared to the imports of US $51.960 million during January 2023, according to the data.

 
 
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