There has been a decline in the import of Mobiles this year as compared to last year.
According to Pakistan Bureau of Statistics (PBS) data, mobile phones worth $290.570 million during the first five months (July-November) of the current fiscal year 2022-23 (FY23), registering a negative growth of 66 percent compared to $856.730 million during the same period of last year.
Mobile phone imports registered 1.92 percent negative growth and stood at $64.520 million in November 2022 when compared to $65.780 million in October.
The overall telecom imports registered a negative growth of 61.16 percent and stood at $110.136 million compared to $283.537 million in November last year.
On a year-on-year basis, other apparatus remained at $45.616 million in November 2022 and registered 36.18 percent negative growth compared to $71.479 million in November 2021.