Tag page - TRADE GAP

The country’s trade deficit was slashed by almost half last year after global demand for goods weakened amid the coronavirus-induced recession, data from the Philippine Statistics Authority (PSA) showed. The gap in the trade balance, or the difference between the value of export and...

The country’s trade deficit narrowed to its lowest level in five-months after exports accelerated while imports further contracted in November last year, data from the Philippines Statistics Authority (PSA) showed. The gap in the trade balance, or the difference between the value...