Home Press Release Pakistan’s Mobile Imports Fall 64% in the First 2 Months of FY23

Pakistan’s Mobile Imports Fall 64% in the First 2 Months of FY23

The total amount of telecom imports showed a negative YoY growth of 51.31 percent

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In the first two months (July–August) of the current fiscal year 2022–23 (FY23), Pakistan’s imported mobile phones worth $101.864 million, representing a decrease of 64.38 percent from the $285.947 million imported during the same time of the previous year.

According to data from the Pakistan’s Bureau of Statistics, mobile phone imports increased by 62.51 percent month over month (MoM), from $38.804 million in July 2022 to $63.060 million in August 2022.
In August 2022, the value of mobile phone imports decreased by 62.16 percent year over year (YoY) from $166.710 million in the same month of the previous year.

The total amount of telecom products imported into the nation during the first two months of FY23 totaled $169.438 million, a decrease of 53.84 percent when compared to the $367.051 million imported during the same time of the previous fiscal year.

However, as compared to August 2021–22, the total amount of telecom imports showed a negative Year-on-year growth of 51.31 percent, coming in at $101.537 million as opposed to $208.558 million. Overall telecom imports increased by 49.54 percent month over month (MoM) in August compared to $67.901 million in July.
When compared to $81.104 million during the same time of the prior fiscal year, other apparatus imports decreased by 16.68 percent to $67.574 million in July–August 2022.

Other apparatus stayed at $38.477 million in August 2022 on a year-over-year basis and saw negative growth of 8.06 percent compared to $41.848 million in August 2021 and MoM increase of 32.24 percent compared to $29.0097 million in July 2022.

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