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Mobile phone import decreases by 5.78% in FY16-17

byCT Report
25/07/2017
in Business
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ISLAMABAD: The import of mobile phones during fiscal year 2016-17 fell by 5.78 percent as compared to same period of previous year.

The mobile phone import during the period under review was recorded at $709.69 million against the import of $753.224 million in July-June (2015-16). According to latest data of Pakistan Bureau of Statistics (PBS), on month-on-month and year-on-year basis, the mobile phone import in June 2017 however, increased by 12.02 percent in May 2017 and 9.97 percent in June, 2016.

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The import in June 2017 was recorded at $72.549 million as compared to the import of $64.762 million in May 2017 and 65.972 million in June 2016. Similarly, the overall telecom import also decreased by 0.38 percent in July-June (2016-17) to $1.356 billion from $1.361 billion in same period of the preceding year. Likewise on month-on-month and year-on-year basis, the telecom import also witnessed a downward trend as it fell to $102.796 million in June 2017 from $117.618 million in May, 2017 and $104.441 million in June, 2016 thus showing a decrease of 12.6 percent and 1.58 percent, respectively.

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