Categories: Mobile

Pakistan’s mobile imports increase by 48% year on year

Mobile imports in Pakistan have seen a huge surge as compared to statistics from a year ago.

According to the Pakistan Bureau of Statistics (PBS), mobile imports in the fiscal year 2017 were $68.57 million as opposed to $46.204 million last year. This indicates a 48% increase year on year. This figure takes into accounts mobiles imported through legal channels only.

This sudden increase in mobile imports as compared to the imports from a year ago is due to the cut in customs duty. The government has decreased custom duty from Rs. 1,000 to Rs. 650 on smartphones in the 2017-2018 budget. Smartphones were charged a sales tax ranging between Rs. 300, Rs. 1,000 and Rs. 1,500 per mobile phone set depending on their category. The customs duty was decreased in order to promote the usage of mobile.

Telecom imports increased 53% during the fiscal year 2017 compared to the same period of last year and total imports were $114.015 million during this period as compared to $74.262 million last year.

Other telecom imports also saw a growth of over 61% in the fiscal year 2017 with $45.445 million as opposed to $28.058 million in the same period last year.

Sponsored
Maryam Dodhy

I love bringing to light stories of extraordinary people working in Pakistan's tech and startup industry. You can reach out to me through maryamdodhy@techjuice.pk.

Share
Published by
Maryam Dodhy
Tags: News

Recent Posts

MoITT Opens Applications for Key Member IT Position (MP-1 Scale)

The Ministry of Information Technology and Telecommunications (MoITT) is currently accepting applications for the post…

7 hours ago

Apple’s iOS Updates Enhance Call Quality with Voice Isolation and Wide Spectrum

Apple's recent iOS updates are revolutionizing the quality of phone conversations by introducing features that…

8 hours ago

Samsung Criticizes Apple Fans Again, Calling Them iSheep

Once again, Samsung has launched a campaign that makes fun of Apple and its customers.…

9 hours ago

Google Play Store to Introduce Alerts for Low-Quality Apps

The Google Play Store is currently working on a new feature that is designed to…

10 hours ago

Punjab Announces Winter Vacations Starting December 20

LAHORE: Khalid Nazir Wattoo, Punjab's Secretary for Schools, announced on Monday that the winter break…

10 hours ago

NCERT Advisory Warns of Konfety Group Targeting Android Users with Malicious Apps

The National Computer Emergency Response Team (nCERT) has issued an advisory to Android users worldwide…

11 hours ago