Mobile phone imports go 87.37pc up in two months

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ISLAMABAD: The import of mobile phones into the country has witnessed an increase of 87.37 percent during the first two months of the ongoing financial year (2020-21) as compared to the corresponding period of the last year. Pakistan imported mobile phones worth US $306.383 million during July-August (2020-21) as compared to the imports of US $163.519 million during July-August (2020-21), showing a growth of 87.37 percent, according to the latest data issued by Pakistan Bureau of Statistics. (PBS).

On a year-on year basis, the import of mobile phones witnessed an increase of 85.84 percent in August 2020, as compared to the imports of the same month of last year.

The mobile imports during August 2020 were recorded at US $158.384 million against the imports of US $85.224 million in August 2019.

On a month-on-month basis, the imports of mobile phones also increased by 7.02 percent during August 2020, as compared to the imports of US $147.999 million during July 2020, according to the data. TLTP