Mobile phone imports up 0.5pc in 9 months


ISLAMABAD: The mobile phone imports into the country increased by 0.5 percent during first three quarters of the year 2013-14 over the same period of last year.

The imports of mobile phone into the country during July-March (2013-14) were recorded at $477.289 million against the imports of $474.924 million during July-March (2012-13), according to the data of Pakistan Bureau of Statistics (PBS).

Similarly the mobile phone imports into the country during the month of March 2014 decreased by 41.99 percent and 21.23 percent when compared to the imports in March 2013 and February 2014 respectively.

The mobile phone imports during March 2014 stood at $44.82 million against the imports of $77.261 million in March 2013 and $56.901 million in February 2014, the data revealed.

It is pertinent to mention here that the country’s overall trade deficit narrowed by 5.49 percent during first three quarters of current fiscal year as exports expanded by 6.06 percent while imports witnessing slight growth of 0.86 percent as compared to the same period of last year.

On year-on-year basis, the trade deficit decreased by 11.98 percent in March 2014 when compared to the deficit of the same month of last year, according to the latest data of Pakistan Bureau of Statistics (PBS).

(APP)

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