Mobile phone imports rise in comparison with 2020

During the first five months of the 2021, Pakistan has imported mobile phones of worth $856.727 million. In comparison with the last year of 2020, a worth of around $724.083 dollars were imported while registering a rise of 18.32 percent in accordance with the stats shared by Pakistan Bureau of Statistics (PBS). The overall telecom imports into the country during the period under review (July-November) 2021 have increased by 26.43 percent with a rise from $896.592 million in July-November 2020 to $1.133 billion in July-November 2021. While on year-to-year basis, mobile phones has witnessed an increase of 27.65 percent when compared to $166.121 million in November 2020. The month-on-month basis stats predict an import-increase of 37.50. Since, the government has introduced a mobile manufacturing policy to encourage and attract manufacturers to establish their units in Pakistan; the PTA in light of the policy has issued Mobile Device Manufacturing (MDM) Regulations on 28th January 2021. Around 26 companies have been issued MDM Authorization enabling them to manufacture mobile devices in Pakistan. The companies include renowned brands e.g. Samsung, Nokia, Oppo, TECNO, Infinix, Vgotel, Q-mobile etc.