Philippine trade gap tops US$ 3 billion for 4th straight month in July

📆 9/9/2021 12:42 pm
📰 ChannelNewsAsia

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MANILA : The Philippines' trade deficit remained above US$3 billion for a fourth consecutive month in July, as imports rose faster than exports, government data on Thursday showed.The trade gap in July was US$3.3 billion, as imports jumped 24per cent to US$9.71 billion, while exports grew 12.7per cent to

MANILA : The Philippines' trade deficit remained above US$3 billion for a fourth consecutive month in July, as imports rose faster than exports, government data on Thursday showed.

The trade gap in July was US$3.3 billion, as imports jumped 24per cent to US$9.71 billion, while exports grew 12.7per cent to US$6.42 billion.

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