The import of cell telephones in Pakistan has witnessed a lower of seven.46 per cent in the course of the first six months of the present fiscal yr (2024-25) as in comparison with the corresponding months of final yr.
Pakistan imported cellphones value US $ 733.425 million throughout July-December (2024-25) as in comparison with the imports of US $ 792.581 million throughout July-December (2023-24), based on the Pakistan Bureau of Statistics (PBS).
In the meantime, on a year-to-year foundation, the import of cellphones additionally dipped by 7.27 % in the course of the month of December 2024 when in comparison with the identical month of final yr.
The import of mobiles into the nation throughout December 2024 was recorded at $ 163.257 million in opposition to the exports of $176.063 million in December 2023.
On a month-on-month foundation, the imports of cellphones nevertheless elevated by 9.29 % throughout December 2024, as in comparison with the imports of US $149.375 million throughout November 2024, based on the information.
Learn extra: Pakistan produces over 1,000,000 cell telephones in early 2024
It’s pertinent to say right here that the general merchandized exports from the nation elevated by 11.04 % in the course of the first half of the present fiscal yr as in comparison with the corresponding months of final yr.
Exports throughout July-December (2024-25) had been recorded at $16.639 billion in opposition to $14.985 billion throughout July-December (2023-24), based on PBS information.
Then again, imports into the nation went up by 6.52 % by rising from $26.137 million final yr to $27.842 million in the course of the first six months of the present yr.
Primarily based on the figures, the commerce deficit in the course of the months beneath overview was recorded at $11.203 billion in opposition to the deficit of $11.152 billion final yr, displaying a slight enhance of 0.46 %.