Drop In Mobile Imports
Overall Telecom Imports
The total value of telecom imports into the nation was $248.998 million in the first quarter of FY23, down from $637.874 million in the corresponding period of FY22. This represents a decline of 60.96 percent. However, when compared year over year, the total amount of telecom imports fell by 70.89% in September 2022 to $78.846 million from $270.823 million in September 2021. On a month-over-month basis, the total amount of telecom imports fell by 22.35 percent in September 2022 from $101.537 million in August 2022. When compared to $142.914 million during the same time of the previous fiscal year, other apparatus imports decreased by 37.92 percent to $88.727 million in July–September 2022. Other apparatus stayed at $20.439 million in September 2022 and experienced negative growth of 66.93 percent when compared to September 2021’s $61.810 million and negative growth of 46.88 percent when compared to August 2022’s $38.477 million on a month-over-month basis.
Mobile phones import decreases by 66.08pc in 5 months
ISLAMABAD: Drop-In Mobile Imports In comparison to the same period last year, the import of mobile phones fell by 66.08 percent during the first five months of the current fiscal year (2022-23) According to the most recent data made available by the Pakistan Bureau of Statistics, Pakistan imported mobile phones worth US $290.570 million from July to November 2022 compared to US $856.730 million from July to November (2021–22), showing a fall of 66.08 percent (PBS). In contrast, on an annual basis, mobile phone imports decreased by 69.57 percent in November 2022 compared to the same month in the previous year. In comparison to November 2022 exports of $212.058 million, the import of mobile phones was $64.520 million in November
According to the data, mobile phone imports decreased 1.92 percent on a monthly basis in November 2022 compared to US $65.780 million in imports in October 2022. It is important to note that the merchandise trade deficit fell by 30.14 percent over the first five months of the current fiscal year, dropping from $20,621 million last year to $14,406 million this year. Exports between July and November 2022 totaled $11,932 million, down from $12,362 million between July and November 2021–22, according to PBS data, a decrease of 3.48 percent. On the other hand, the nation’s imports fell by 20.15 percent throughout the time period under consideration droppingdecreasing from $ 32,983,000,000 last year to $ 26,338,000,000 this year
Mobile import decreases 64.94pc in 4 months
Drop-In Mobile Imports In comparison to the same period the previous year, mobile phone imports fell by 64.94% during the first four months of the current fiscal year (2022-23) According to the most recent data made available by the Pakistan Bureau of Statistics, Pakistan imported mobile phones worth US $226.051 million between July and October (2022-23) compared to US $644.672 million between July and October (2021-22), showing a reduction of 64.94%. (PBS). In the meantime, year over year, the import of mobile phones decreased by 56.06% in October 2022 compared to the same month in the previous year. Mobile phone imports in October 2022 totaled $65.780 million vs $149.712 million in exports. Oct. 20, 2021, According to the data, mobile phone imports grew 12.62 percent month over month in October 2022 compared to September 2022, when they totaled US $58.407 million.
Mobile imports decrease by 64.38% in two months
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Pakistan’s Mobile Imports Decreased by 67% in the First Quarter of FY23
In the first quarter (July-September) of the current fiscal year 2022–23 (FY23), Pakistan imported mobile phones for $160.271 million, a fall of 67.62 percent from $494.960 million during the same time last year. According to data from the Pakistan Bureau of Statistics (PBS), mobile phone imports fell 7.38 percent month over month (MoM), from $63.06 million in August 2022 to $58.407 million in September 2022. In September 2022, mobile phone imports decreased $72.06% year over year (YoY) from $209.013 million in the corresponding month of the previous year.