Philippines April exports, imports rise at fastest pace in over a decade

09-Jun-2021 Intellasia | Reuters | 10:44 AM Print This Post

Philippine merchandise imports grew a hefty 140.9% in April from a year earlier, while exports jumped 72.1%, both rising at their fastest pace in more than a decade, government data showed on Wednesday.

Imports totalled $8.45 billion, while exports reached $5.72 billion, yielding a trade deficit of $2.73 billion. This marked the tenth straight month that the gap has exceeded $2 billion, Philippine Statistics Authority data showed.


Category: Philippines

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