Philippines trade deficit narrows to $3.5 billion in April

May 30, 2025 - 4:15 PM
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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 $3.5 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 Mair