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Mobile phone imports surge 7.63pc to $1,41bn in 8 months


ISLAMABAD: Despite the rise in home manufacturing, the import of cell phones into the nation has witnessed a rise of seven.63 % in the course of the first eight months of the present fiscal 12 months 2021-22 as in comparison with the corresponding interval of final 12 months.

According to the info shared by Pakistan Bureau of Statistics (PBS), the nation imported cell phones price $1,411.619 million throughout July-February 2021-22 as in comparison with the imports of $1311.493 million throughout July-February 2020-21, displaying a development of seven.63 %.

Meanwhile, on a year-to-year foundation, the import of cell phones decreased by 19.69 % in the course of the month of February 2022 when in comparison with the identical month of final 12 months. The import of mobiles into the nation throughout February 2022 was recorded at $141.207 million in opposition to the exports of $175.821 million in February 2021.

On a month-on-month foundation, the imports of cell phones additionally witnessed a decline of 21.45 % throughout February 2022, as in comparison with the imports of $179.765 million throughout January 2022, in line with the info.

According to the Pakistan Telecommunication Authority, home manufacturing vegetation produced/assembled 1.53 million smartphone units in January 2022, in comparison with 0.14 million legally imported in January 2022.

The internet telecom shipments into the nation climbed by 15.33 % throughout this overview interval (July-February) 2021-22. It rises from $1.619 billion from July to February 2020-21 to $1.868 billion from July to February 2021-22.

The nation’s general import invoice in February jumped 28.09pc to $5.89bn in opposition to $4.6bn within the corresponding month final 12 months.



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