ISLAMABAD: The import of mobile phones jumped 52pc year-on-year (YoY) to$938 million during the first half (July-December) of the current fiscalyear (2020-21).
According to the data issued by the Pakistan Bureau of Statistics (PBS),the import bill of the machinery group increased 18.16pc month-on-month(MoM) and 1.76pc YoY to $867 million in the month of December 2020.
The major portion of this import was associated with the telecom sector,which increased 59pc MoM and 26.32pc YoY to $258 million during December2020. This was followed by the import of power generating machinery, whichwas up 49pc YoY to $152 million. Electrical machinery and apparatus wasthird in line with $126 million worth imports during December 2020.
The imports of mobile phones under the head of telecom witnessed aconsiderable increase of 82.5pc YoY and 29.28pc MoM, clocking in at $214million during the month under review.
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Meanwhile, during the July-December period, machinery group imports fell4.34pc YoY to $4.24 billion. The biggest contributor to the import bill, interms of value, remained the telecom sector, imports of which increased36.8pc to $1.15 billion.
