TAIPEI – The Philippines is successfully leveraging on its economic advantage as its export to Taiwan posted substantial growth of 27.38% in this year’s first quarter for an aggregate value of $720.80 million, according to the Philippine Trade & Investment Center (PTIC) here. Conversely,...
A surge in imports led to the country’s trade deficit reaching its highest level since November last year, preliminary data from the Philippine Statistics Authority (PSA) showed. Based on the PSA report released on Tuesday, June 11, the gap in the trade balance, or the difference between the...
The Philippine Statistics Authority (PSA) reported that country's trade deficit widened in November last year due to the significant decline in exports and a rise in imports. Preliminary data from the PSA showed that the trade in goods resulted in a deficit of $4.7 billion in November, an increase...
Imports continued to outpace the country’s exports, but at a much narrower level, the Philippine Statistics Authority (PSA) reported. The PSA said on Tuesday, Dec. 13, that the country’s trade gap, or the difference between the value of export and import, dropped 13 percent to $3.3 billion in...
PH trade deficit widens further in April By Chino S. Leyco Trade deficit widened last April as country’s purchases of goods from abroad outpaced the rise in sales of locally-made products, the Philippine Statistics Authority (PSA) reported on Thursday, June 9. The PSA said the country’s trade...