Telecom Imports Decline by Over 10% in FY2018-19

Cell phones imports witnessed a decline of 10.87% on this fiscal yr (July-June) 2018-19, dropping from $847.654 million to $755.545 million, in keeping with Pakistan Bureau of Statistics (PBS).

Cell phone imports in June 2019, which stood at $57.733 million, registered a 34.18% decline as in comparison with $87.717 million in June 2018.

Final month’s determine was 12.27% decrease compared with $65.81 million in Might 2019. A development of 19.44% was reported within the fiscal yr 2017-18 because it was $847.654 million in comparison with $709.690 million throughout the identical interval of 2016-17.

Telecom Imports

General telecom imports noticed a decline of 10.07% throughout July-June (2018-19) compared with the identical interval final yr. Complete imports had been recorded at $1.379 billion throughout this era when in comparison with $1.534 billion final yr, registering a 25.14% decline in June 2019. This determine stood at $103.234 million in June 2019 as in comparison with $119.588 million throughout Might 2019.

The quantity stood at $1.534 billion throughout 2017-18 in comparison with $1.351 billion in 2016-17.

A 9.08% lower has been reported in telecom equipment imports on this fiscal yr i.e. $624.115 million in opposition to $686.432 million throughout the identical interval final yr. When in comparison with Might 2019, different telecom equipment imports registered a 15.39 % drop in June at $45.501 million in comparison with $50.191 million in Might 2019. The numbers rose from $642.119 million to $686.432 million from 2016-17 to 2017-18.

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