Imports of Mobile Phones Grow by 6% in Current Fiscal Year

Mobile phone imports witnessed a 6.06% growth in the current fiscal year (July-August) 2018-19. Imports ended up costing $136.917 million to the national exchequer as compared to $129.093 million during the same period last year.

Mobile phone imports in August 2018, which stood at $67.67 million, registered a 11 percent growth as compared to $60.8257 million imports in August 2017. Last month’s figure was lower by 2.27 percent when compared to $69.24 million in July 2018. These figures were revealed in the latest data released by the Pakistan Bureau of Statistics (PBS).

Overall telecom imports saw a decline of 6.49 percent during July-August 2018 when compared to the same period of last year. Total imports were recorded at $215.73 million during this period when compared to $230.692 million in July-August 2017,  registering a 7.06 percent growth in August 2018. This figure stood at $111.544 million in August as compared to $104.187 million during July 2018.

Ad Powered By Advergic
Loading ad . . .
Ad - Continue scrolling to read

Other telecom apparatus imports witnessed a phenomenal decline of over 22 percent in July-August 2018 as it stood at $78.81 million against $101.599 million during the same period of last year. When compared to July 2018, other telecom apparatus imports registered 25.56 percent growth as it was $34.94 million compared to $43.87 million in August 2018.

Stay Connected with ProPakistani

Get the latest tech news, telecom insights, and product launches wherever you prefer.

Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.

Share
Published by
Amin Yusufzai