Philippines’ trade deficit widens to $4.5 billion in March

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Shipment to CanadaShipment to Canada
The ship Anna Maersk is docked at Roberts Bank port carrying 69 containers of mostly paper and plastic waste returned by the Philippines in Vancouver, British Columbia, Canada June 29, 2019. (Reuters/Jason Redmond)

— The Philippines posted a trade deficit of $4.5 billion in March, wider than the previous months’ gap of $3.7 billion, preliminary official data showed on Thursday.

Exports rose 20.4% from a year earlier, while imports increased 12.3% over the same period.

—Reporting by Karen Lema; Editing by Martin Petty





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