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Philippines Trade Deficit Narrows, Exports Fall 9.7%

Por: RTTNews Business January 26, 2023

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The Philippine trade deficit narrowed in December from the last year, as imports declined more than exports, the Philippine Statistics Authority showed on Thursday.The trade deficit decreased to $4.596 billion in December from $5.116 billion in the same month last year. In November, the trade deficit was $3.709 billion.Exports dropped 9.7 percent yearly in December, after a 13.2 percent growth in November. The latest annual fall in shipments was... + full article



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