Pakistan’s Mobile Imports Down 71% in First 9 Months of FY23
In the first nine months (July to March) of the current fiscal year 2022–23, the country imported mobile phones worth $462.701 million, down 71.01 percent from $1.596 billion during the same period last year.
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According to information provided by the Pakistan Bureau of Statistics (PBS), Pakistan’s mobile phone imports decreased by 55.09 percent month over month (MoM) in March 2023 and totaled $14.846 million as opposed to $33.054 million in February 2023.
In March 2023, mobile phone imports totaled $183.894 million, a 91.93 percent decline from March 2022’s $183.894 million YoY.
Overall telecom imports into the nation totaled $744.910 million from July to March 2023, a decrease of 65.14 percent from $2.137 billion during the same time period the previous fiscal year.
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The total value of telecom imports decreased by 86.51 percent year over year, from $267.705 million in March 2022 to $36.112 million in March 2023. When compared to February 2023’s $64.741 million, the total amount of telecom imports showed a 44.22 percent negative rise in March 2023.
Other apparatus imports decreased by 47.81 percent to $282.210 million in the July–March fiscal year of 2023 from $540.778 million in the same period of the previous fiscal year.
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Other apparatus imports were $21.266 million in March 2023, representing a 74.63 percent decrease from $83.811 million in March 2022 and a growth of 32.89 percent month over month from $31.687 million in February 2023.
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