6.2% Increase in Smartphone Imports in Pakistan
A 6.2% Increase in Smartphone Imports in Pakistan (July-October) 2018-19
Smartphone imports have witnessed a 6.2% increase in the first four months (July-October) of the current fiscal year 2018-19. These imports ended up costing $260.412 million to the national exchequer as compared to $245.208 million during the same period last year.
Smartphone Imports (2018 Vs. 2017)
Mobile phone imports in October 2018, which stood at $61.189 million, registered 11.84 per cent growth as compared to $54.709 million imports in October 2017.
According to Pakistan Bureau of Statistics (PBS), last month’s figure was down by 1.79 per cent when compared to $62.306 million in September 2018.
Overall telecom imports saw a decline of 0.35 per cent during July-October 2018 when compared to the same period last year.
Total imports were recorded at $448.541 million during this period when compared to $450.113 million in July-October 2017, while registering a 2.9 per cent growth in October 2018. This figure stood at $119.989 million in October as compared to $112.837 million during September 2018.
Other telecom apparatus imports witnessed a larger decline of over 8.19 per cent in July-October 2018 standing at $188.129 million against $204.905 million during the same period last year. When compared to September 2018, other telecom apparatus imports registered 16.36 per cent growth growing to $58.8 million compared to $50.53 million in September 2018.
Source: ProPakistani