Agriculture trade deficit widens to 15.7% in Sept. - BusinessWorld Online

Agriculture trade deficit widens to 15.7% in Sept. - BusinessWorld Online

THE deficit in the agricultural goods trade widened 15.7% in September to $932.15 million, according to preliminary data from the Philippine Statistics Authority (PSA). Agricultural exports in September rose 19.1% to $794.46 million, accounting for 11% of total exports. As a share of the $2.52 billion in two-way trade in farm products, exports accounted for 31.5%. Imports of agricultural commodities in September dipped 2.6% year on year to $1.73…