Trade gap shrinks to $1.73B in November

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Fri, 08 Jan 2021 16:45:06 +0000

The country’s trade deficit last November slid to its smallest level in five months as imports surpassed exports, Philippine Statistics Authority (PSA) data showed on Friday. According to the statistics agency, inbound shipments slipped by 18.9 percent year-on-year to $7.52 billion and outbound ones climbed by 3 percent to $5.79 billion. This resulted in the […]

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PH trade deficit narrows in Sept

Credit to Author: Anna Leah E. Gonzales| Date: Wed, 04 Nov 2020 16:26:37 +0000

The country’s trade gap shrank in September from its month- and year-earlier figures as imports outpaced exports, the Philippine Statistics Authority (PSA) reported on Wednesday. Preliminary data from the statistics agency showed that inbound shipments in the month contracted for the 17th straight month to $7.92 billion, 16.5 percent smaller than the $9.48 billion in […]

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Trade gap narrows to $1.3B in June

Credit to Author: Anna Leah E. Gonzales| Date: Wed, 05 Aug 2020 16:28:34 +0000

The country’s trade deficit shrank to $1.30 billion in June from a month and a year earlier as exports and imports continued to fall by double digits, the Philippine Statistics Authority (PSA) reported on Wednesday. Data from the statistics agency showed that the gap was 1.5 percent and 50.6 percent smaller than the $1.32 billion […]

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Trade gap shrinks further in October

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Tue, 10 Dec 2019 18:29:41 +0000

THE country’s trade deficit continued to narrow in October from a year ago, but slightly widened from September, the Philippine Statistics Authority (PSA) reported on Tuesday. Data from the statistics agency showed that imports dropped by 10.8 percent year-on-year to $9.56 billion, while exports climbed by 0.1 percent to $6.31 billion. As a result, the […]

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