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Pakistan’s Mobile Phone Imports Reach $246 Million in Q1 FY25

Pakistan’s Mobile Phone Imports Reach $246 Million in Q1 FY25

Web Desk October 20, 2024 Add Bol News as a trusted source
  • Pakistan imported mobile phones worth $246.472 million in Q1 2024-25.
  • Mobile phone imports increased by 29.32 percent on a MoM basis in September 2024.
  • In rupee terms, the country imported mobile handsets worth Rs68.612 billion during the first quarter of the current fiscal year.
Pakistan imported mobile phones worth $246.472 million in the first quarter (July-September) of the fiscal year 2024-25, reflecting a negative growth of 18.93 percent compared to $304.029 million during the same period in the previous fiscal year 2023-24.

In the fiscal year 2023-24, Pakistan imported mobile phones valued at $1.898 billion, compared to $570.071 million in the fiscal year 2022-23.

In rupee terms, the country imported mobile handsets worth Rs68.612 billion during the first quarter of the current fiscal year, marking a 22.86 percent decrease compared to Rs88.945 billion during the same period last fiscal year.

According to data from the Pakistan Bureau of Statistics (PBS), Pakistan's mobile phone imports increased by 29.32 percent on a month-on-month (MoM) basis in September 2024, reaching $102.629 million compared to imports of $79.360 million in August 2024. However, year-on-year (YoY) comparisons show a decline of 17.62 percent from $124.576 million in September 2023.

Overall telecom imports in the country amounted to $374.410 million during July-September 2024, reflecting a 6.17 percent decrease compared to $399.048 million during the same period in 2023.

Telecom imports saw an increase of 28.92 percent on a MoM basis in September 2024, totaling $153.144 million, up from $118.787 million in August 2024. However, on a YoY basis, overall telecom imports experienced a decline of 3.53 percent compared to $158.755 million in September 2023.

Local manufacturing and assembly plants produced 20.44 million mobile handsets during the first eight months (January-August) of 2024, significantly higher than the 1.1 million imported commercially. Official data revealed that 1.49 million mobile handsets were manufactured or assembled in August, compared to only 0.1 million imported commercially.

Furthermore, data from the Pakistan Telecommunication Authority (PTA) indicates that 62 percent of mobile devices on the Pakistan network are smartphones, while 38 percent are 2G devices.

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