Monday, May 11, 2026
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Tag: trade deficit

Trade deficit widened 66% to $29.8 billion on record-high imports in the 1st half

The trade deficit widened 75.4 percent in June to a record $5.84 billion from $3.33 billion a year ago, as monthly imports reached an...

May trade deficit increased 79% to reach record $5.68b

The country’s trade deficit widened by 78.6 percent in May to a record $5.68 billion from the $3.180-billion shortfall a year ago on higher...

April trade deficit reached $4.8b as imports outpaced exports

The country’s trade deficit widened by 54.1 percent in April to $4.773 billion from the $3.097-billion gap a year ago, as the 22.8-percent growth...

First-quarter trade deficit jumped by 66% to $13.89 billion

The country’s trade deficit ballooned 66 percent in the first quarter of 2022 to $13.891 billion from a $8.344-billion gap a year ago, as...

PH trade deficit at $50 billion seen as global costs soar

The country may incur a record trade deficit of $50 billion this year as prices of global commodities led by oil, as well as...

PH registers trade deficit of $43.13b on faster pace of imports

The Philippines posted a trade deficit of $43.134 billion in 2021, up $18.5 billion from a $24.6-billion gap a year ago, as the 31.1-percent...

BOP surplus fell 92% to settle at $1.35b last year

The country posted a balance of payments surplus of $1.35 billion in 2021, or 92 percent lower than the $16.02-billion surplus recorded in 2020,...

November trade deficit climbed to record $4.71b

The country incurred a record trade deficit of $4.71 billion in November 2021, as the 36.8-percent growth in imports outpaced the 6.6-percent expansion in...

September trade deficit widened to $4 billion as imports jumped 25%

The trade deficit widened 76.3 percent in September to $4 billion from a shortfall of $2.26 billion a year ago, as the 24.8-percent growth...

Trade deficit widened in August as imports topped $10b

The country’s trade deficit widened to $3.58 billion in August as merchandise imports jumped 30.8 percent to $10.04 billion from a year ago and...

PH far from a financial crisis despite last year’s recession

The Philippines is far from a financial crisis that bedeviled it in the mid-80s and the late 90s despite last year’s deep economic recession.  There...

Bureau: Pandemic derails export targets

The pandemic has pushed export targets further back as recent forecasts showed a trade deficit of $27 billion to $28 billion from the initial...

Trade deficit declines on lower exports and imports

The country’s trade deficit shrank 28.6 percent in March to $2.38 billion from $3.33 billion a year ago, as imports and exports both declined...

January trade deficit dropped 10.7% to $3.5b –PSA figures

The country’s trade deficit in January dropped 10.7 percent to $3.50 billion from $3.92 billion a year ago, as exports growth outpaced that of...
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