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Mobile phones of Rs. 8.8 bn imported into Pakistan in Feb

Asad Hassan by Asad Hassan
March 19, 2023
in News
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According to data released by the Pakistan Bureau of Statistics (PBS), Pakistan’s mobile phone imports decreased by 36.39 percent month over month (MoM) in February 2023 and stood at $33.054 million compared to imports of $51.960 million in January 2023 and declined by 76.73 percent compared to $142 million in February 2022.

The imports of mobile devices fell by 27% in February to Rs. 8.81 billion from Rs. 12 billion in January, or 8.81 billion in rupees.

In February 2023, imports were down 64% from the nearly Rs 25 billion in imports that were recorded in the same month the year before.

Details of Imports of Mobile Phones

In the first eight months (July to February) of the current fiscal year 2022–23 (FY23), the government imported mobile phones worth $447.855 million, representing a decrease of 68.29 percent from the $1.412 billion imported during the same period of the previous year.

The imports of mobile devices during the study period were more than Rs. 101 billion in rupees.

On a year-over-year (YoY) basis, mobile phone imports decreased by 76.73 percent in February 2023 from $142.033 million in the corresponding month of the previous year.

In total, the government imported $708.798 million worth of telecom products from July through February of FY23, a decrease of 62.08 percent from the $1.869 billion imported during the same period of FY22.

The total value of telecom imports decreased by 70.22 percent year over year, from $217.396 million in February 2022 to $64.741 million in February 2023.

When compared to January 2023’s $78.337 million, the total amount of telecom imports had a 17.36 percent negative growth in February 2023.

Other apparatus imports decreased by 42.90 percent from $456.967 million in the same time of the previous fiscal year to $260.944 million in the July-February period of FY23.

On a year-on-year basis, other apparatus imports stood at $31.687 million in February 2023 and showed 57.95 percent negative growth compared to $75.364 million in February 2022 and registered 20.13 percent growth on MoM basis compared to $26.377 million in January 2023.

To read our blog on “Govt. raises new import taxes on Mobile phones,” click here.

Tags: import of mobile phones in pakistan in febimported mobile phones in pakistanimported mobilesimported mobiles in pakistanimported phones worth rs 8.8 billion in febmobile phone prices in pakistan 2020pakistan mobile importstop 10 mobiles in pakistan
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Asad Hassan

Asad Hassan

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