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Mobile phone imports decrease 7.22pc in 5 months

Mobile phone imports decrease 7.22pc in 5 months

LAHORE: The mobile phone imports into the country decreased by 7.22 percent during first five months of the year 2013-14 over the same period of last year.
The imports of mobile phone into the country during July-November (2013-14) were recorded at $265.654 million against the imports of $286.323 million during July-November (2012-13), according to the data of Pakistan Bureau of Statistics (PBS).
Similarly the mobile phone imports into the country during the month of November 2013 also decreased by 23.55 percent and 20.74 percent when compared to the imports in November 2012 and October 2013 respectively.
The mobile phone imports during November 2013 stood at $48.072 million against the imports of $62.881 million in November 2012 and $60.652 million in October 2013, the data revealed.
It is pertinent to mention here that the country’s trade deficit narrowed by 5.52 percent during the first five months of the current fiscal year as exports expanded by 3.1 percent while imports witnessing decrease of 0.77 percent as compared to the same period of last year.
The exports from the country during July-November (2013-14) were recorded at $10.367 billion against the exports of $10.055 billion recorded during July-November (2012-13).
On the other hand, the imports into the country during the first five months of the current fiscal year were recorded at $18.11 billion against the imports of $18.25 billion during the corresponding months of last year.