Pakistan’s mobile phone imports decline 66% in 1st half of FY 2023

Pakistan’s mobile phone imports decline 66% in 1st half of FY 2023

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Islamabad: Pakistan’s mobile phone imports declined by 66 percent in the first half of the current fiscal year 2022-2023, compared to the same period of the last fiscal year, according to official figures.

The mobile phone imports into the country were recorded at $362.86 million in July-December of the ongoing fiscal year as against the imports of $1,090.64 million during the same months of the fiscal year 2021-22, showing a decline of 66.73 percent, the Pakistan Bureau of Statistics (PBS) figures revealed.

Meanwhile, on a year-to-year basis, the import of mobile phones also dipped by 69.1 percent during the month of December 2022 when compared to the same month of last year, Xinhua news agency quoted the Bureau as saying.

However, on a month-on-month basis, the imports of mobile phones witnessed an increase of 12.04 percent during December 2022, as compared to the imports of $64.52 million during November 2022, according to PBS data.

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( With inputs from www.siasat.com )

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