Telecom Imports Decline by Over 10% in FY2018-19

Mobile phones imports witnessed a decline of 10.87% in this fiscal year (July-June) 2018-19, dropping from $847.654 million to $755.545 million, according to Pakistan Bureau of Statistics (PBS).

Mobile phone imports in June 2019, which stood at $57.733 million, registered a 34.18% decline as compared to $87.717 million in June 2018.

Last month’s figure was 12.27% lower when compared with $65.81 million in May 2019. A growth of 19.44% was reported in the fiscal year 2017-18 as it was $847.654 million compared to $709.690 million during the same period of 2016-17.

Telecom Imports

Overall telecom imports saw a decline of 10.07% during July-June (2018-19) when compared with the same period last year. Total imports were recorded at $1.379 billion during this period when compared to $1.534 billion last year, registering a 25.14% decline in June 2019. This figure stood at $103.234 million in June 2019 as compared to $119.588 million during May 2019.

The number stood at $1.534 billion during 2017-18 compared to $1.351 billion in 2016-17.

A 9.08% decrease has been reported in telecom apparatus imports in this fiscal year i.e. $624.115 million against $686.432 million during the same period last year. When compared to May 2019, other telecom apparatus imports registered a 15.39 percent drop in June at $45.501 million compared to $50.191 million in May 2019. The numbers rose from $642.119 million to $686.432 million from 2016-17 to 2017-18.



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