Mobile phone imports up 0.5% in 9 months

  • May 8, 2014, 2:17 pm
  • Business News
  • 152 Views

ISLAMABAD, May 8 (APP): The mobile phone imports into the country
increased by 0.5 percent during first three quarters of the year 2013-14 over the same period of last year.
The imports of mobile phone into the country during July-March
(2013-14) were recorded at $477.289 million against the imports of $474.924
million during July-March (2012-13), according to the data of Pakistan Bureau of Statistics (PBS).
Similarly the mobile phone imports into the country during the month of March 2014 decreased by 41.99 percent and 21.23 percent when compared to the
imports in March 2013 and February 2014 respectively.
The mobile phone imports during March 2014 stood at $44.82 million
against the imports of $77.261 million in March 2013 and $56.901 million
in February 2014, the data revealed.
It is pertinent to mention here that the country's overall trade
deficit narrowed by 5.49 percent during first three quarters of current fiscal
year as exports expanded by 6.06 percent while imports witnessing slight growth
of 0.86 percent as compared to the same period of last year.
On year-on-year basis, the trade deficit decreased by 11.98 percent
in March 2014 when compared to the deficit of the same month of last year,
according to the latest data of Pakistan Bureau of Statistics (PBS).