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Mobile phone imports reduce by 6.19% to $45.37m in July

byCustoms Today Report
07/09/2015
in Business
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ISLAMABAD: The country witnessed 6.19 per cent decline in mobile phone imports in July 2015 as compared to the same period of previous year.

According to data released by Pakistan Bureau of Statistics (PBS), the mobile phone imports during first month of current fiscal year 2015-16 were recorded at $45.37 million as against the imports of $48.362 million during July 2014.

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On month-on-month basis, the imports plunged by 34.06 percent from $68.81 million in June 2015 to $45.37 million in July 2015. Similarly, the overall telecom imports during the period under review also decreased by 37.58 percent and 30.06 percent when compared with that of July 2014 and June 2015 respectively.

The imports of telecom decreased from $125.418 million in July 2014 and $112.034 million in June 2015 to $78.284 million in July 2015. It may be mentioned here that the overall imports of the country increased by 4.04 percent in July 2015 against the imports during same month of last year.

The overall imports in July 2015 were recorded at $3.37 billion against the imports of $3.24 billion during same period of last year. The overall imports however decreased when compared to the previous month (June 2015) by 23.28 percent as the imports went down from $4.394 billion in June 2015 to $3.37 billion in July.

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