Mobile Phones Import Witnessed A Decline In The First 9 Months of 2018-19

Mobile phones import witnessed a decline of 7.60 percent in the first nine months (July-March) of 2018-19 as it remained $557.187 million compared to $603.046 million during the same period last year.

Mobile Phones Import Faced Drastic Decline Of 7.6% In First 9 Months of 2018-19

Mobile phone imports in March 2019, which stood at $79.049 million, registered 2.64 percent growth as compared to $77.013 million imports in March 2018.

 Last month’s figure was 45.52 percent higher when compared to $54.320 million in February 2019. These figures were revealed in the latest data released by the Pakistan Bureau of Statistics (PBS).

 Overall telecom imports saw a decline of 8.86 percent during July-March (2018-19) when compared to the same period of last year. Total imports were recorded at $1031.786 million during this period when compared to $1132.038 million in July-March (2017-18), while registering 5.97 percent growth in March 2019. This figure stood at $127.768 million in March 2019 as compared to $120.565 million during February 2019.

 Other telecom apparatus imports witnessed a phenomenal decline of over 10.28 percent in July-March (2018-19) as it stood at $474.599 million against $528.992 million during the same period of last year. When compared to February 2019, other telecom apparatus imports registered 26.46 percent negative growth in March as it was $48.719 million compared to $66.245 million in February 2019.