Thursday, May 21, 2026
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Tag: trade deficit

Philippine exports jumped 17% in July ahead of higher US tariff

Philippine exports jumped 17.3 percent year-on-year in July 2025 ahead of the imposition by the United States of higher tariff rates. The Philippine Statistics Authority...

Philippines incurred $5.8 billion BOP deficit in seven months

The Philippines' balance of payments (BOP) shifted to a $167-million deficit in July 2025 from a $62-million surplus a year ago, the Bangko Sentral...

Philippine exports surged 26.1% in June 2025, cutting trade deficit

Philippine merchandise exports surged 26.1 percent year-on-year in June 2025, leading to a smaller trade deficit for the month, the Philippine Statistics Authority (PSA)...

China tells EU leaders ‘can’t afford’ subsidies

BEIJING – Chinese Premier Li Qiang dismissed EU fears over Beijing’s allegedly excessive subsidies to its industry, telling the bloc’s leaders “we can’t afford...

Trade deficit eased to $3.5b in April—PSA

The Philippines’ trade deficit eased 26.1 percent in April 2025, as exports increase and imports fell, according to the Philippine Statistics Authority. Data from the...

Philippine exports grew 7 percent in April 2025

Philippine merchandise exports grew 7 percent year-on-year in April 2025, driven by sustained demand from the United States, according to data released by the...

PH remains net importer of agricultural goods—PSA

The Philippines remained a net importer of agricultural products in March 2025, with imports valued at $1.6 billion and exports at $715 million, according...

PH trade deficit exceeds $54b on higher imports

The country’s trade deficit surpassed $54 billion in 2024, as merchandise imports slightly rose and exports tumbled, data from the Philippine Statistics Authority (PSA)...

January trade deficit hit $5b as imports, exports rose

The Philippines’ trade deficit widened to $5.1 billion in January 2025 from $4.4 billion a year earlier, as both imports and exports grew. The Philippine...

Trade deficit widened to $54.2b in 2024

The Philippines’ trade deficit with the rest of the world widened to $54.2 billion in 2024 from $52.6 billion in 2023 because of the...

November trade deficit hit $4.77b on lower exports

The Philippines incurred a trade deficit of $4.77 billion in November 2024 as merchandise exports tumbled 8.7 percent, deeper than the 4.9-percent decrease in...

Trade deficit widened to $5.8b in October—PSA

The Philippine trade deficit widened to $5.8 billion in October 2024 from $4.2 billion a year ago, the Philippine Statistics Authority said Tuesday. Data from...

PH posted over $3-b in agricultural trade deficit in second quarter

The Philippines’ agricultural trade deficit widened by 13.8 percent year-on-year to $3.07 billion in the second quarter of 2024, the Philippine Statistics Authority (PSA)...

June trade deficit widened to $4.3b as exports fell 17%

The country’s trade deficit widened 9.3 percent year-on-year in June 2024 as exports continued to decline, according to the Philippine Statistics Authority (PSA). Preliminary data...
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