Thursday, May 21, 2026
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Tag: trade deficit

Trade deficit widened as exports fell in May

The Philippines’ trade deficit widened 4.5 percent year-on-year in May 2024, as exports slightly dropped, the Philippine Statistics Authority (PSA) said Wednesday. Preliminary data showed...

Philippines incurred $52.4-billion trade deficit in 2023

The Philippines incurred a trade deficit of $52.42 billion in 2023, as both exports and imports declined last year amid elevated inflation that affected...

Trade deficit fell to 11-month low on lower imports, exports

The country’s trade deficit in September 2023 fell to an 11-month low of $3.51 billion from a $4.13-billion shortfall in August, as imports posted...

Philippine exports rose 0.8%, imports slid 15.2% in June

The Philippines incurred a slimmer trade deficit of $3.92 billion in June 2023 compared to $5.88 billion a year ago, as exports rose 0.8...

Exports rose 1.9% in May, cut trade deficit to $4.4b

The country’s trade-in-goods deficit declined by 21 percent in May to $4.396 billion from $5.56 billion a year ago, as exports rose 1.9 percent...

Trade deficit fell in April on lower exports, imports

Trade deficit fell in April from a year ago, on lower prices of global commodities, the Philippine Statistics Authority said Friday. Data showed the trade...

March trade deficit hit $4.9b as exports decreased by 9.1%

The country’s trade deficit widened to $4.927 billion in March from $4.585 billion a year ago as exports continued to decline, data from the...

Trade deficit hit $5.7b in January on lower exports

The country’s trade deficit widened by 26.6 percent in January to $5.7 billion from $4.5 billion a year earlier as merchandise exports fell sharply...

2022 trade deficit hit record $58.3b, imports surged 17%

The country’s trade deficit widened to a record $58.32 billion in 2022 as imports surged amid high commodity prices, preliminary data from the Philippine...

Japan’s 2022 trade deficit hit record on high costs

TOKYO—Japan logged its largest-ever annual trade deficit last year, with the soaring price of energy and raw materials compounded by the dramatic fall of...

November trade deficit fell as exports grew 13.2%

The country’s trade deficit fell 21.9 percent in November to $3.677 billion from $4.71 billion a year ago, as exports expanded by 13.2 percent...

October exports surged 20% to $7.7B; 10-month trade deficit hit nearly $50B

Merchandise exports jumped 20 percent year-on-year in October to a record $7.7 billion, but the trade deficit continued to swell to nearly $50 billion...

Nine-month trade deficit hit an all-time high of $46.65 billion

Strong imports pushed the nine-month trade deficit to a record $46.65 billion, as the reopening of the economy led to higher demand for consumer...

Strong imports widened August trade deficit to $6b

The country registered a record trade deficit of $6 billion in August, contributing to the depreciation of the peso against the US dollar this...
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