Mobile phone imports increases 15.35% in 2 months


ISLAMABAD: The mobile phone imports into the country increased by 15.35 percent during first two months of the year 2014-15 over the same period of last year.

The imports of mobile phones into the country during July-August (2014-15) were recorded at $115.162 million against the imports of $99.837 million during July-August (2013-14), according to the data of Pakistan Bureau of Statistics (PBS).

On month on month basis the mobile phone imports into the country during the month of August 2014 increased by 21.11 percent and 38.12 percent when compared to the imports in August 2013 and July 2014 respectively.

The mobile phone imports during August 2014 stood at $66.8 million against the imports of $48.362 million in July 2014 and $55.158 million in August 2013, the data revealed.

Similarly, the overall telecom imports also increased by 33.67 percent during the period under review over the same period of last year.

The imports of telecom in to the country during first two months of current fical year, were recorded at $279.21 million against the imports of $208.879 million in July-August 2014-15.

On month on month basis, the telecom imports during August 2014 also increased by 44.35 per cent and 22.66 million when compared to that of August 2013 and July 2014 respectively.

It is pertinent to mention here that the country’s trade deficit expanded by 28.26 percent during first two months of current fiscal year 2014-15 as exports reduced by 5.84 percent while imports witnessing increase of 9.44 percent as compared to the same period of last year.

According to break up figures, the exports from the country during July-August (2014-15) were recorded at $3.840 billion against the exports of $4.078 billion recorded during July-August 2013-14.

On the other hand, the imports into the country during the period under review were recorded at $8.083 billion against the imports of $7.386 billion during the corresponding period of last year.

Source: APP

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