Mobile Phone Imports Have Increased by 6.2% in FY2018-19 So Far

Mobile phone imports witnessed a 6.2% growth in the first four months of the current fiscal year (July-October) 2018-19.

Imports ended up costing $260.412 million to the national exchequer as compared to $245.208 million during the same period last year.

Mobile phone imports in October 2018, which stood at $61.189 million, registered 11.84 percent growth as compared to $54.709 million imports in October 2017. Last month’s figure was down by 1.79 percent when compared to $62.306 million in September 2018. These figures were revealed in the latest data released by the Pakistan Bureau of Statistics (PBS).

Overall telecom imports saw a decline of 0.35 percent during July-October 2018 when compared to the same period last year.

Total imports were recorded at $448.541 million during this period when compared to $450.113 million in July-October 2017, while registering a 2.9 percent growth in October 2018. This figure stood at $119.989 million in October as compared to $112.837 million during September 2018.

Other telecom apparatus imports witnessed a larger decline of over 8.19 percent in July-October 2018 standing at $188.129 million against $204.905 million during the same period last year. When compared to September 2018, other telecom apparatus imports registered 16.36 percent growth growing to $58.8 million compared to $50.53 million in September 2018.