Trade Gap Shrinks to $3.49 Billion in April - BusinessWorld Online

Trade Deficit Narrows As Imports Plunge and Exports Rise

After the pre-tariff surge in March, imports crashed in April. The post Trade Deficit Narrows As Imports Plunge and Exports Rise appeared first on Breitbart.

Philippines trade deficit narrows to $3.5 billion in April

MANILA — The Philippines posted a trade deficit PHTBAL=ECI of $3.5 billion in April, narrower than the previous month’s revised gap of $4.5 billion, preliminary official data showed on Friday. Imports PHIMP=ECI in April fell 7.2% from a year earlier to $10.2 billion, while exports PHEXP=ECI rose 7.0% to $6.7 billion, the Philippine Statistics Authority said. —Reporting by Karen Lema; Editing by John […] The post Philippines trade deficit narrows…

Trade gap shrinks to $3.49 billion in April - BusinessWorld Online

By Abigail Marie P. Yraola, Deputy Research Head The Philippines’ trade deficit in goods narrowed to its two-month low in April, as imports contracted to its lowest in 13 months, the Philippine Statistics Authority reported on Friday. Preliminary data from the PSA showed the country’s trade-in-goods balance — the difference between the values of exports and imports — reached a deficit of $3.49 billion in April from the $4.51-billion deficit in M…

Philippine trade deficit narrowed in April as imports shrank

MANILA, Philippines — The Philippines’ trade deficit narrowed in April. This followed a decline in imports while exports went on a four-month growth streak. READ: Do you have a personal trade deficit? Latest data from the Philippine Statistics Authority showed the country’s trade gap shrank by 26 percent year-on-year to $3.5 billion. Imports fell by