Mobile Phone’s Import Drop by Over 10% to $420 Million in Four Months

The import of mobile phones into the country has witnessed a decrease of 10.46 percent during the first four months of the current fiscal year (2024-25) as compared to the corresponding months of last year.

Between July and October of the fiscal year 2024-25, Pakistan imported mobile phones valued at US $420.799 million. This marks a decrease when compared to the same period in the previous fiscal year 2023-24, during which imports totaled US $469.969 million. These figures were reported by the Pakistan Bureau of Statistics (PBS).

Meanwhile, on a year-to-year basis, the import of mobile phones increased by 5.06 percent during the month of October 2024 when compared to the same month of last year.

The import of mobiles into the country during October 2024 was recorded at $ 174.338 million against the exports of $165.941 million in October 2023.

On a month-on-month basis, the imports of mobile phones also increased by 69.89 percent during October 2024, as compared to the imports of US $102.618 million during September 2024, according to the data.