Pakistan’s mobile imports reduced again in the first quarter of fiscal year 2023. In the first quarter (July-September) of the current fiscal year 2022–23 (FY23), Pakistan imported mobile phones worth $160.271 million, down 67.62 percent from $494.960 million at the same period last year.
Mobile phone imports decreased 7.38 percent monthly (MoM) to $58.407 million in September 2022 from $63.06 million in August 2022, according to the Pakistan Bureau of Statistics (PBS).
Mobile phone imports dropped to $209.013 million in September 2022 from $209.013 million the previous month, a 72.06 percent annual (YoY) decrease.
In total, telecom imports into the country in the first quarter of FY23 came to $248.998 million, down from $637.874 million at the same point in the prior fiscal year.
However, telecom imports decreased by 70.89% from September 2021 to September 2022, from $270.823 million to $78.846 million. In September 2022, compared to $101.537 million in August 2022, overall telecom imports declined by 22.35 percent on a monthly basis.
In July–September 2022, imports of other apparatus came to $88.727 million, a reduction of 37.92 percent from the previous fiscal year’s total of $142.914 million.
Other devices stayed at $20.439 million in September 2022, which is 66.93 percent negative growth when compared to September 2021’s $61.810 million and 46.88 percent negative growth when compared to August 2022’s $38.477 million.