Tuesday, 24 June 2025
9 Jan 2025
6:41PM
QUICK LOOK: Trade gap narrowed slightly in November as exports and imports fell
The country's trade deficit narrowed by 0.04 percent in November 2024, compared to increases of 36.3 percent and 30.6 percent in October 2024 and November 2023, respectively, Philippine Statistics Authority (PSA) data showed.
10 Dec 2024
10:00AM
October 2024 trade deficit widens by 36.8% as imports surge
The Philippines' trade deficit surged by 36.8 percent to $5.8 billion in October 2024, up from $4.24 billion in the same period last year, as exports dropped by 5.5 percent year-on-year while imports jumped 11.2 percent, according to the Philippine Statistics Authority (PSA).
Advertisement
