Times of Islamabad

Mobile phone imports in Pakistan register drastic rise in FY 2019-20

Mobile phone imports in Pakistan register drastic rise in FY 2019-20

ISLAMABAD – Mobile phone imports in Pakistan register drastic rise in FY2019-20.

Mobile phones imports increased by 69.25 percent from July to December,documents available with the media revealed on Wednesday.

Moreover, gold imports rose by 4.78 percent in the first half of thefinancial year FY20, imports of iron and steel scrap rose 5.32 percent inthe same period.

Tea imports declined by 24.12 percent in first six months of the fiscalyear.

Leather goods exports in the same period grew by 11.06 percent as comparedto the exports of the corresponding period of the last year, according thedata released by the Pakistan Bureau of Statistics.

During the period from July-December 2019, leather goods worth $274,757million were exported as compared to the exports of $247,397 million ofsame period of last year.

Exports of leather garments increased by 11.90 percent, about 585 TH. DOZof leather garments valuing $150,551 million exported as compared to the522 TH. DOZ worth $134,536 million of same period of last year.