10.46% decline in Pakistan’s mobile phone imports
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ISLAMABAD: Pakistan imported mobile phones worth $420.8 million during the first four months of the current fiscal year (July-October 2024), up 10.46% from $470 million in the same period last year (2023-24). The percentage is low.
In the last fiscal year (2023-24), Pakistan’s total mobile phone imports were $1.9 billion, a significant increase from $570 million in 2022-23.
Mobile phones worth Rs 117 billion were imported in the first four months of 2024-25, a decline of 13.62 percent compared to Rs 135.5 billion in the same time frame last year.
Mobile phone imports rose sharply on a month-on-month basis. Imports reached $174.3 million in October 2024, up 69.9 percent from $102.6 million in September. Compared to October 2023, it represents a growth of 5.06%.
