Over $1.355 bln telecom items imported in FY17

The telecom imports amid 2015-16 were recorded at $1,361,127 million.

ISLAMABAD (City News) – Pakistan imported telecom items worth $1,355,891 million amid the monetary year 2016-17, demonstrating an ostensible decay of 0.38 percent when contrasted with the exchange of last financial year (2015-16).

The telecom imports amid 2015-16 were recorded at $1,361,127 million, as per the information of Pakistan Bureau of Statistics (PBS).

The imports of cell phones saw negative development of 5.78 percent amid the period under survey contrasted with the

comparing time of a year ago.

The cell phone imports into the nation were recorded at $709.690 million contrasted with the imports of $753.224 million,

as indicated by PBS information.

Nonetheless, the imports of other telecom device saw increment of 6.3 percent by developing from $607.903 million a year ago to $646.201 million amid 2016-17.

Then, on year-on-year premise, the general telecom imports into the nation diminished by 1.58 percent in June 2017 contrasted with June 2016.

The telecom imports in June 2017 were recorded at $102.796 million contrasted with the imports of $104.441 million.

On month-on-month premise, the telecom imports saw decrease of 12.6 percent in June 2017 when contrasted with imports of $117.618 million in May 2017, the information uncovered.

It is germane to specify here that the general stock imports amid the principal month of the current financial year (July

2017) expanded by 36.74 percent contrasted with July 2016.

The imports into the nation amid July 2017 were recorded at $4.835 billion contrasted with the imports of $3.536 billion.

Then again, the stock fares from the nation saw 10.58 percent expansion contrasted with the comparing month of a year ago.

Pakistan sent out products worth $1.631 billion in July 2017 contrasted with the fares of $1.475 billion in July 2016, appearing

upward development of 10.58 percent.

In light of the figures, the exchanged deficiency amid July 2017 was recorded at $3.204 billion, which indicates development of 55.46 percent when contrasted with the shortage of $2.061 billion amid July 2016.

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