Philippines - Balance commerciale

The Philippine's trade deficit declined to USD 3.25 billion in October of 2019 from USD 4.42 billion in the same month a year earlier, as exports edged higher 0.1 percent year-on-year to USD 6.32 billion, while imports tumbled 10.8 percent to USD 9.57 billion. Considering the first ten months of the year, exports were unchanged from the same period a year earlier while imports fell 4.3 percent, bringing a trade gap of USD 31.26 billion.

The Philippine's trade deficit narrowed to USD 3.12 billion in September of 2019 from USD 4.02 billion in the same month a year earlier, as exports fell 2.6 percent year-on-year to USD 5.90 billion, while imports tumbled 10.5 percent to USD 9.02 billion. Considering the first nine months of the year, exports shrank 0.1 percent from the same period a year earlier while imports declined at a faster 3.4 percent, bringing a trade gap of USD 28.09 billion.

The Philippine's trade deficit narrowed to USD 3.41 billion in August of 2019 from USD 3.60 billion in the same month a year earlier, as exports rose 0.6 percent year-on-year while imports tumbled 11.8 percent. Considering the first eight months of the year, exports edged up 0.1 percent from a year earlier while imports declined 2.8 percent, recording a USD 24.70 billion trade gap.

The Philippine's trade deficit narrowed to USD 3.39 billion in July of 2019 from USD 4.02 billion in the same month a year earlier, as exports rose 3.5 percent year-on-year while imports fell 4.2 percent. Considering the first seven months of the year, exports edged up 0.1 percent from a year earlier while imports declined 1.5 percent, recording a USD 22.29 billion trade gap.

The Philippine's trade deficit narrowed to USD 2.47 billion in June of 2019 from USD 3.55 billion in the same month a year earlier. This was the smallest trade gap since March last year, as exports rose 1.5 percent year-on-year while imports tumbled 10.4 percent. Considering the first half of the year, exports fell 0.8 percent from a year earlier while imports declined at faster 1.0 percent, recording a USD 19 billion trade gap.

The Philippine's trade deficit narrowed to USD 3.28 billion in May of 2019 from USD 3.88 billion in the same month a year earlier, as exports rose 1 percent year-on-year while imports declined 5.4 percent. Considering the first five months of the year, exports fell 1.3 percent from a year earlier while imports increased 1.0 percent, recording a USD 16.51 billion trade gap.