ISLAMABAD: Pakistan’s mobile phone imports have experienced a decline of 7.46% in the first half of the fiscal year 2024-25, as compared to the same period in the previous year, according to the latest data from the Pakistan Bureau of Statistics (PBS).
From July to December 2024, Pakistan imported mobile phones worth $733.425 million, down from $792.581 million during the same period in 2023-24. The decline is also reflected in December 2024, where mobile phone imports fell by 7.27% compared to December 2023, totaling $163.257 million. In contrast, exports for December 2023 stood at $176.063 million.
This marks a shift from the previous fiscal year when Pakistan saw a substantial rise in mobile phone imports. In the fiscal year 2023-24, imports surged to $1.898 billion, representing a remarkable 233% increase from the previous fiscal year’s $570.071 million. During the first nine months of 2023-24 (July-March), mobile phone imports amounted to $1.301 billion, a 181.26% growth compared to the same period in the previous fiscal year.
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The decline in imports for the first half of fiscal year 2024-25 may reflect changes in market conditions, currency fluctuations, and adjustments in consumer demand. Despite this, the overall growth seen in mobile phone imports during the previous fiscal year highlights the growing demand for mobile phones in Pakistan, which remains a key segment of the country’s import market.
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