Mobile phone import grows by 10.15 percent

ISLAMABAD: The import of mobile phone in the country registered an increase of 10.15 percent during first month of financial year as the country imported mobile phones units worth US $49.256 million in July 2011.

According to the data released by Federal Board of Statistics (FBS), during the month of July, mobile phone units costing $49.256 million were imported as compared to the import of mobile phone unites worth of $44.716 million during month of June 2011.

The mobile phone import was increased by 26.29 percent as compared to the same period of last year as phone import during the month of July 2010 was recorded as mobile units costing 39.003 million.

Meanwhile, import of Telecom was increased by 27.18 percent as compared to the import of the commodity during same period of last year.

The import of the commodity was units worth $99.035 million in July 2011 as compared to telecom units costing $77.870 million during same period of corresponding year.

The import of other machinery during month of July was decreased by 20.28 percent as compared to same period last year.

Copyright APP (Associated Press of Pakistan), 2011