Pakistan has imported mobile phones worth an astounding Rs. 158 billion in the first five months of the current fiscal year, according to the latest data released by the Pakistan Bureau of Statistics (PBS).
The figures indicate a significant increase compared to the previous year, highlighting a growing demand for smartphones across the country. Experts attribute this surge to the rising penetration of 4G and 5G technologies, increased reliance on digital platforms, and consumer interest in mid-range and premium devices.
Despite the economic challenges faced by the country, the trend underscores the resilience of Pakistan’s telecom market and its potential for growth. However, the hefty import bill has also raised concerns about its impact on the country’s trade deficit, which remains a pressing issue for policymakers.
The government is reportedly exploring measures to encourage local manufacturing and assembly of mobile phones to reduce reliance on imports and promote domestic production.