The country’s total agricultural trade reached $5.93 billion during the third quarter of this year, increasing at an annual rate of 14.8 percent amid the continuously increasing imports. Data from the Philippine Statistics Authority (PSA) showed that during the third quarter of 2021, agricultural...
Two poultry farms from the Philippines have been approved by the South Korean government to export chicken to the East Asian country. In formal communication, Maria Alilia Maghirang, the country’s Agriculture Attache in Seoul, informed Agriculture Secretary William Dar of the final approval of...
The country's goods purchases from abroad rose at a much faster pace than the sales of Philippine-made goods overseas, bringing the nation’s trade deficit in September to its widest in nearly three years. The Philippine Statistics Authority reported on Friday, Nov. 5, that expenditures for...
Amid global recovery, the country’s merchandise exports grew by double digits in August, but the expansion was still short to outpace the strong growth in imports that resulted in a wider trade-in-goods deficit. Manila International Container Terminal 1 The Philippine Statistics Authority...
The trade activity in the Philippines is continuing to show recovery, the Department of Finance (DOF) said, but the government should still continue to be vigilant with the prevalence of the highly transmissible Delta variant. In his latest DOF economic bulletin, Finance Undersecretary and Chief...
The Philippines targets to become the top exporter of coconut products to China, next to other ASEAN countries like Indonesia, Thailand, Vietnam and Malaysia. The 2020 China Coconut Oil Import Source Countries Statistics as reported by the Embassy of the Philippines in Beijing, the Philippines...
The country’s trade deficit widened in July amid the gradual reopening of the local economy. Philippine Export and Import Statistics July 2021 The Philippine Statistics Authority (PSA) reported Thursday, Sept. 9, that the gap in the trade balance, or the difference between the value of export and...
The Department of Agriculture-High Value Crops Program (DA-HVCP) has identified "saba" banana chips as among the emerging local commodities for export to countries like China, United States (US), Germany, Netherlands, and the United Kingdom (UK). "Banana ang number one, although malaki ang...
The country’s trade deficit narrowed in June to its lowest level in three-months, data from the Philippine Statistics Authority (PSA) showed. Port Area Based on the PSA report released on Friday, August 6, the gap in the trade balance, or the difference between the value of export and import,...
The country’s exports continued to recover, growing 29.8 percent in May this year, spurred by the reopening of major economies globally. Data from the Philippine Statistics Authority (PSA) showed that exports in May this year reached $5.89 billion compared to $4.54 billion in May 2020. The...
The country’s trade deficit doubled in May this year as imports expansion outweighed exports growth during the month, data from the Philippine Statistics Authority (PSA) showed. Preliminary report by the PSA revealed on Friday, July 9, that the gap in the trade balance, or the difference between...
The Philippines agricultural trade went up during the first quarter of the year, but this was mainly due to the higher amount of imported products that entered the country during the period. Latest data from the Philippine Statistics Authority (PSA) showed that the country’s total agricultural...
