ISLAMABAD: Pakistan imported mobile phones worth $160.271 million during the first quarter (July-September) of the current fiscal year 2022-23, registering a negative growth of 67.62 percent when compared to $494.960 million during the same period of last year.

Pakistan Bureau of Statistics (PBS) data shows that on a month-on-month (MoM) basis mobile phone imports registered 7.38 percent negative growth and stood at $58.407 million in September 2022 when compared to $63.06 million in August 2022.

Mobile phone imports registered 72.06 percent negative growth on a year-on-year (YoY) basis in September 2022 when compared to $209.013 million during the same month of last year.

The overall telecom imports into the country stood at $248.998 million during the first quarter of the fiscal year 2023 and registered 60.96 percent negative growth when compared to $637.874 million during the same period of last fiscal year.

However, on a YoY basis, the overall telecom imports registered a negative growth of 70.89 percent and stood at $78.846 million when compared to $270.823 million in August 2021-22. On a MoM basis, overall telecom imports registered 22.35 percent negative growth in September 2022 when compared to $101.537 million during August 2022.

Other apparatus imports stood at $88.727 million in July-September 2022 and registered 37.92 percent negative growth when compared to $142.914 million during the same period of the last fiscal year.

On a year-on-year basis, other apparatus remained at $20.439 million in September 2022 and registered 66.93 percent negative growth when compared to $61.810 million in September 2021 and registered 46.88 percent negative growth on a MoM basis, when compared to $38.477 million in August 2022.

Copyright Business Recorder, 2022