Philippines’ trade deficit widens to $5.15 billion in September

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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 PHTBAL=ECI of $5.15 billion in September, wider than the previous month’s revised $4.29 billion gap, preliminary official data showed on Friday.

Imports PHIMP=ECI rose 25.7% in September from a year earlier to $15 billion, while exports PHEXP=ECI climbed 35.6% to $9.9 billion, the Philippine Statistics Authority said.

—Reporting by Karen Lema; Editing by Martin Petty





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