Mobile Phone imports in Pakistan register massive increase in FY 2019-20

Mobile Phone imports in Pakistan register massive increase in FY 2019-20

ISLAMABAD: Mobile Phone imports in Pakistan register massive increase in FY 2019-20, the latest statistics have revealed.

The imports of mobile phones into the country increased by 35.05 percent during the first quarter of current financial year (2019-20) as compared to the corresponding period of last year.

Pakistan imported mobile phones worth $269.051 million during July-September (2019-20) as compared to the imports of $199.224 million during July-September (2018-19), showing growth of 35.05 percent, according to the latest data of Pakistan Bureau of Statistics (PBS).

On year-on year basis, the imports of mobile phones witnessed growth of 69.43 percent in September 2019, as compared to the imports of the same month of last year.

The mobile imports during September 2019 were recorded at $105.567 million against the imports of $62.307 million in September 2018.

On month-on-month basis, the imports of mobile phones also witnessed positive growth of 23.87 percent during September 2019, as compared to the imports of $85.224 million during August 2019, according to the data.