Philippines’ trade deficit at $3.85 billion in August

October 2, 2026 - 5:23 PM
1739
Shipment 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 $3.85 billion in August, preliminary official data showed on Wednesday.

Imports PHIMP=ECI rose 16.6% in August from a year earlier to $12.96 billion, while exports PHEXP=ECI increased by 27.8% to $9.11 billion, the Philippine Statistics Authority said.

—Reporting by Mikhail Flores; Editing by John Mair