Pakistan Bureau of Statistics (PBS) has reported that recently the imports on the mobile phone has reached to the $755.545 million for the fiscal year July 2018 to June 2019. During the time span of June 2019, the mobile imports have reached to $57.733 million.
Pakistan Bureau of Statistics Reported Mobile Phone Imports Reached to $755.545 million
It is revealed the growth was lower by 12.27% in comparison to the growth reported in the May 2019 which was $65.81 million. These figures have been reported by the Pakistan Bureau Statistics (PBS). According to them, the imports showed a phenomenal growth during 2017 to 2018 by 19.44% with amount $8847.65 million. Previously, the imports reported in 2016 to 2017 was $709.69 during the same period.
Well, overall the telecom imports showed a decline of 10%, when compared to last year 2017 to 2018 during the same period. Total imports have shown an increase of $1.379 billion, which is lower in comparison to the $1.534 billion reported during July-June in the same period of 2017 to 2018. There is a negative growth of 25.14% in June 2019.
Thus, imports turned out to be $103.234 million during June 2019 in comparison to May 2019, where the figure was $119.588 million.
Overall telecom showed an increase in imports by $1.534 billion during 2017 to 2018 when compared to $1.352 billion in 2016-2017.
During the year June to July (2017 to 2018), imports shows a decline of 9% in the telecom sector with a figure of $624.115 million against $686.432 million, which is reported in the last year.
If we make a comparison of imports reported in May 2019, then we will see a decline in June 2019 by a percentage of 15.39% as a result of negative growth. Registered data show that in May 2019 the growth in import is recorded as $50.191 million, while, in June 2019, it is reported as $45.501.
Other telecom sectors witnessed a growth of 6.9% in imports during the year 2017-2018. During the year 2017 to 2018, you will see a remarkable increase in growth of $686.432 million, which was reported $642.119 million in 2016-17 in the same period.