According to the data released by the Pakistan Bureau of Statistics (PBS), mobile phone imports registered 62.51 percent growth on a month-on-month (MoM)

Pakistan Bureau of Statistics (PBS) data revealed that Pakistan’s mobile phone import increased by 25.38 percent during September 2021 and remained $209.013 million when compared to $166.710 million mobile phone imports in August 2021. On a month-on-month basis, Pakistan’s mobile phone import increased by 25.38 percent during September 2021 and remained $209.013 million when compared to $166.710 million imported in August 2021.

Read more: Pakistan imported mobile phones worth $2.065 billion during FY 2020-21: PBS

Slight increase in Pakistan’s mobile phone import after a constant decline

According to the data from the Pakistan Bureau of Statistics, the overall telecom imports in the country during the period under review (July-September 2021) increased by 8.06 percent by climbing from $590.255 million in July-September 2020 to $637.817 million in July-September 2021. Other apparatus imports registered a growth of 47.56 percent on an MoM basis and remained $61.753 million in September 2021 as compared to $41.848 million in August 2021. Adviser on Commerce Abdul Razak Dawood has stated that the government’s target is to bolster exports by encouraging local production. He added that Pakistan’s mobile phone import were high because traditionally Pakistan always relied on trade that was not “Made in Pakistan”.

Pakistan becomes mobile phone exporter

Inovi Telecom Pvt Ltd exported the first consignment of 5,500 mobile sets of 4G smartphones to the UAE, the company was issued authorization for mobile device manufacturing in April and it has managed to fulfill its first export order within four months. The company Chief executive said; “We are manufacturing the Chinese brands and there are a large number of expat workers in the Gulf countries. The high-end consumers of Gulf countries prefer top world-class mobile brands and we should not even try to get involved in that market.” He further added; “Our main target was to penetrate in low-end markets of Middle East including Iraq, Iran, and Afghanistan.”

A senior player in the export field has said that the government’s approach towards enhancing export markets was slow. He said, “Pakistan is the only player left to compete with Bangladesh, but is the government ready to provide the same level of facilities to us too? We have proved that investors can meet the targets but the future of mobile set exports depends on the government policies.”

Source: Pro Pakistani

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