Friday, October 23, 2026
Friday, October 23, 2026
Watch Live
UPDATED
FUEL PRICE
23-OCT-2026
PETROL
▼ -1.60 PKR
Rs. 377.71/ltr
DIESEL
▲ +1.64 PKR
Rs. 391.75/ltr
Headlines
Petrol consumers get small relief as diesel price goes up Sri Lanka chase down 430-run target against England in ODI tri-series PM Shehbaz announces Rs160b development package for KP Harry wants to repair royal family ties, Whoopi Goldberg believes UK bank Barclays plans 5,000 job cuts by end of 2026 UK faces disruption as storms Austen and Boelo bring strong winds US imposes new sanctions on Iran Joe Root becomes first England batter to score 8,000 ODI runs Harry Brook’s record double ton powers England to mammoth total France reports first human case of Shamonda virus; patient dies U.S. pulls diplomats from Saudi Arabia as it prepares for possible Iran strikes after midterms LPG prices surge past Rs500 in Karachi as border closure deepens shortage World Bank projects Pakistan’s economy to grow 3.8% in FY27 as inflation climbs to 8.2% Petrol consumers get small relief as diesel price goes up Sri Lanka chase down 430-run target against England in ODI tri-series PM Shehbaz announces Rs160b development package for KP Harry wants to repair royal family ties, Whoopi Goldberg believes UK bank Barclays plans 5,000 job cuts by end of 2026 UK faces disruption as storms Austen and Boelo bring strong winds US imposes new sanctions on Iran Joe Root becomes first England batter to score 8,000 ODI runs Harry Brook’s record double ton powers England to mammoth total France reports first human case of Shamonda virus; patient dies U.S. pulls diplomats from Saudi Arabia as it prepares for possible Iran strikes after midterms LPG prices surge past Rs500 in Karachi as border closure deepens shortage World Bank projects Pakistan’s economy to grow 3.8% in FY27 as inflation climbs to 8.2%

Mobile Phone Imports in Pakistan Drop by 13.6% in four months (July-October)

Mobile Phone Imports in Pakistan Drop by 13.6% in four months (July-October)

  • Mobile phone imports in July-October 2024 declined by 10.46% in dollar terms to $420.799 million.
  • Year-on-Year (YoY) imports grew by 5.06% to $165.941 million in October 2023.
  • In rupee terms, mobile phone imports stood at Rs. 117.017 billion, a 13.62% decline from FY24.
In the first four months (July-October) of the fiscal year 2024-25, Pakistan's mobile phone imports declined by 10.46% in dollar terms, amounting to $420.799 million compared to $469.969 million during the same period last year.

However, the imports showed a significant increase on a Month-on-Month (MoM) basis in October 2024, rising by 69.89% to $174.338 million compared to $102.618 million in September. Year-on-Year (YoY), October imports grew by 5.06% compared to $165.941 million in October 2023, as per the Pakistan Bureau of Statistics (PBS).

In rupee terms, mobile phone imports for July-October 2024 stood at Rs. 117.017 billion, marking a 13.62% decline compared to Rs. 135.468 billion in the corresponding period of FY24.

The overall telecom imports for July-October 2024 registered a slight growth of 0.44%, reaching $609.520 million compared to $606.833 million in the same period last year. MoM, telecom imports rose by 53.92% in October 2024, totaling $235.349 million, while YoY, they increased by 13.27% compared to $207.786 million in October 2023.

On the production front, local manufacturing and assembly plants produced 22.59 million mobile handsets between January and September 2024, compared to just 1.17 million imported commercially. In September alone, 2.15 million handsets were produced locally, while only 0.07 million were imported.

Of the locally manufactured devices, 8.73 million were 2G phones, and 13.86 million were smartphones. According to PTA data, 64% of mobile devices on the network are smartphones, while 36% are 2G handsets.

This shift in production and imports underscores Pakistan's focus on enhancing local manufacturing capabilities in the telecom sector.

[embedpost slug="/kse-100-crosses-99000-for-first-time-in-psx-history/"]

Recommended