Mobile phone imports increase by 19.44 per cent in 2017-18

ISLAMABAD: Mobile phone imports have witnessed a phenomenal growth of 19.44 per cent in the fiscal year 2017-18 as it surged to $847.654 million as compared to $709.690 million during the same period of 2016-17.

Mobile phone imports in June 2018 which were $87.717 million increased by 20.91 per cent than $72.55 million imports in  June 2017, and increased by 7.81 per cent as compared to $81.362 million in May 2018, revealed latest data released by Pakistan Bureau of Statistics (PBS).

Overall telecom imports saw an increase of over 13.48 per cent during the fiscal year 2017-18 as compared to the same period of last year. Total imports were recorded at $1.534 billion during this period as compared to $1.351 billion in 2016-17. Telecom imports went up to $127.908 million in June 2018 and registered a 34.15 per cent growth, as compared to $102.798 million during June 2017.

Other telecom apparatus import also witnessed a growth of over 6.9 per cent in 2017-18 as it stood at $686.432 million against $642.119 million during the same period of last year.

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