Mobile Phones Import Reaches to $755.545 Million: PBS

Pakistan Bureau of Statistics (PBS) reported Mobile phones import has reached to $755.545 million in the last fiscal year (July-June) 2018-19. However, Mobile phone imports in June 2019, reached to $57.733 million.

Last month’s figure was 12.27 percent lower when compared to $65.81 million in May 2019. These figures were revealed in the latest data released by the Pakistan Bureau of Statistics (PBS). Mobile phones import witnessed a phenomenal growth of 19.44 percent in the fiscal year 2017-18 as it was $847.654 million compared to $709.690 million during the same period of 2016-17.

Mobile Phones Import Reaches to $755.545 Million: PBS

Overall telecom imports saw a decline of 10.07 percent during July-June (2018-19) when compared to the same period of last year. Total imports were recorded at $1.379 billion during this period when compared to $1.534 billion in July-June (2017-18), while registering 25.14 percent negative growth in June 2019. This figure stood at $103.234 million in June 2019 as compared to $119.588 million during May 2019.

Overall telecom imports were recorded at $1.534 billion during 2017-18 compared to $1.351 billion in 2016-17.

Other telecom apparatus imports witnessed a decline of over 9.08 percent in July-June (2018-19) as it stood at $624.115 million against $686.432 million during the same period of last year. When compared to May 2019, other telecom apparatus imports registered 15.39 percent negative growth in June as it was $45.501 million compared to $50.191 million in May 2019.

Other telecom apparatus import witnessed the growth of over 6.9 percent in 2017-18 as it was $686.432 million against $642.119 million during the same period of 2016-17.

Recommended Reading: FBR Announces Flat Rates On Mobile Phone Imports To Set Aside Ambiguities