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Mobile imports drop in June-July

Mobile imports drop in June-July

LAHORE: The mobile phone imports into the country decreased by 15.16 per cent and 34.87 per cent during the months of June and July as compared to the imports during the same period last year respectively.

According to Pakistan Bureau of Statistics (PBS) data, the imports of mobile phones into the country during July 2013 were recorded at $44.678 million against the imports of $52.66 million during July 2012 and $68.594 million in June 2013.

Meanwhile, the overall imports of telecom group also decreased by 9.53 per cent and 19.21 per cent during the month of July this year when compared to the imports of July 2012 and June 2013 respectively.

The telecom group imports during July 2013 stood at $102.045 million against the imports of $112.792 million in July 2012 and $$126.304 million in June this year, the data revealed.

Similarly, other apparatus of telecom group during the period under review also decreased by 4.6 per cent and 0.59 per cent as compared to the imports of July 2012 and June 2013 respectively.

The imports of other apparatus during July 2013 stood at $ 57.367 million whereas the imports during July 2012 and June 2013 were recorded at $60.133 million and $57.71 million respectively.

Exports from the country increased by 2.65 per cent during the first months of the current fiscal year (2013-14) against the exports of the same months of the last fiscal year.

It may be mentioned here that the trade deficit during the first month of the current fiscal year was recorded at Rs 1.719 billion, showing an increase of 6.07pc over the deficit of $1.621 billion recorded during the same month of the last year.

Similarly, the trade deficit during July stood at $1.719 billion against the deficit of $1.743 billion in June 2013, showing negative growth of 1.35 per cent.