The import of mobile phones to Pakistan witnessed a decrease of 64.94% during the first four months of the current fiscal as compared to the corresponding period of the previous year. The data released by the Pakistan Bureau of Statistics (PBS) shows that the country imported mobile phones worth $226.051 million during the first four months of the current financial year as compared to $644.672 million during the corresponding period of the previous year.

On a year-to-year basis, the import of mobile phones also dipped by 56.06% during October 2022 compared to the same month last year. The import of mobile phones during October 2022 was recorded at $65.780 million against $149.712 million in October 2021. On a month-on-month basis, the import of mobile phones increased by 12.62% during October 2022 as compared to $58.407 million during September 2022, according to the data available with WealthPK.

Credit : Independent News Pakistan-WealthPk