Pakistan imported mobile phones worth US $1369.947 million during July-June (2019-20) as compared to the imports of US $755.548 million during July-June (2018-19), showing growth of 81.32 percent, according to the latest data issued by Pakistan Bureau of Statistics (PBS).
On month-on-month basis, the imports of mobile phones also increased by 108.
It is pertinent to mention here that the country’s trade deficit witnessed significant reduction during the fiscal year 2019-20 and declined by 27.12% as compared to the corresponding period of last year.
On the other hand, the country’s imports witnessed significant decrease of 18.61% and went down from $54.763 billion last fiscal year to $44.574 billion of same period of fiscal year 2019-20. Based on the figures, the trade deficit during the period under review was recorded at $23.180 billion against the deficit of $31.805 during last year, showing decline of 27.12 percent.