Mobile phone import falls 7.29pc in 11 months

ISLAMABAD: The import of mobile phones into the country fell by 7.29 per cent in first 11 months of the year 2016-17 as compared to same period of the preceding year.

The mobile phone imports during first 11 months of the outgoing fiscal year was recorded at $637.138 million whereas, the same was recorded at $687.252 million in July-May (2015-16).

The overall telecom group import witnessed a declining trend as it went down by 0.29 per cent during the period under review, according to latest data released by Pakistan Bureau of Statistics.

On yearly and monthly basis, the mobile phone imports in May, however, recorded an increase of 24.75 per cent and 35.11 per cent over May 2016 and April 2017 respectively.

The imports increased from $51.913 million in May 2016 and $47.934 million in April 2017 to $64.762 million in May, 2017.

Similarly, the overall telecom group import in May, 2017 also increased by 18.54 per cent, and 9.81 per cent when compared with the import during May 2016 and April 2017 respectively.