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Pakistan Imports Of Mobile Phones decreases 64.94% in 4 months

ISLAMABAD: The imports of mobile phones witnessed a decrease of 64.94 per cent during the first four months of the current fiscal year (2022-23) as compared to the corresponding period of last year.

Pakistan imports mobile phones worth US $226.051 million from July-October (2022-23) as compared to the imports of US $644.672 million during July- October (2021-22), showing a decline of 64.94 per cent, according to the latest data released by Pakistan Bureau of Statistics (PBS).

Meanwhile, on a year-to-year basis, the import of mobile phones also dipped by 56.06 per cent during the month of October 2022, as compared to the same month of last year.

The import of mobile phones during October 2022 was recorded at $65.780 million against the exports of $149.712 million in October 2021.

On a month-on-month basis, the imports of mobile phones increased by 12.62 per cent during October 2022, as compared to the imports of US $58.407 million during September 2022, according to the data.

Read More …while Pakistan exported textile products  from the country reached to $5,941.099 million during the first four months of the current fiscal year (2022-23), Pakistan Bureau of Statistics (PBS) reported.

The textile exports showed a decline of 1.34 percent during the period under review when compared to the exports of $6,021.813 during the same period of last year (July-October 2021-22).

The textile products that witnessed positive growth during July-October (2022-23) as compared to the corresponding period of last year included cotton cloth, the exports of which grew by 1.27 percent to $750.115 million from $740.711 million while the exports of knit wear increased by 6.92 percent, from $ 1,601.778 million to $ 1,712.606 million.

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