Web Desk — November 19, 2025
Karachi: Pakistan’s appetite for imported mobile phones has skyrocketed, with foreign exchange spending on handset imports jumping a massive 264% year-on-year during the first four months (July-October) of the current fiscal year.
According to State Bank of Pakistan and Pakistan Bureau of Statistics data, the country spent $79.40 million on mobile phone imports during July-October 2025, compared to just $21.82 million in the same period last year.
October alone saw $18.47 million spent, slightly down from September’s $19.27 million but still double the $9.21 million recorded in October 2024.
The sharp rise comes after a subdued FY2024-25, when full-year imports stood at $139.79 million, reflecting easing import restrictions, improved dollar availability, and growing consumer demand for mid-range and budget 5G devices.
Analysts attribute the surge to relaxed LC regulations, competitive pricing by global brands, and pent-up demand following two years of tight import controls. Local assembly continues to grow, but high-end and feature-rich models remain heavily reliant on imports.
The trend is expected to put renewed pressure on the current account as the fiscal year progresses, though officials say the increase remains manageable within overall trade projections.
