1.    EXPORTS

The value of seasonally adjusted total exports amounted to USD 6.35 billion. This indicates a monthly decline of -2.8 percent in June 2023 from USD 6.53 billion recorded value in May 2023. (Figure 1, and Tables A and 1)

Similarly, the seasonally adjusted export values of total agro-based products at USD 379.85 million registered a monthly decline of -1.9 percent from the USD 387.25 million export value in May 2023. Mineral products with USD 632.68 million posted a monthly drop of -4.1 percent from the USD 659.43 million export value in the previous month. 

On the other hand, the seasonally adjusted export sales from manufactured goods at USD 5.22 billion exhibited a monthly growth of 1.0 percent during the month. (Table 1)

2.    IMPORTS

The value of seasonally adjusted total imports in June 2023 amounted to USD 10.21 billion. This represents a decrease in its monthly rate of -2.4 percent from the USD 10.46 billion value in May 2023. (Figure 2, and Tables A and 2)

The seasonally adjusted value of imports for the following major type of goods registered monthly declines during the period:

a.    Capital Goods, USD 3.04 billion (-0.5%);
b.    Raw Materials and Intermediate Goods, USD 3.83 billion (-1.8%); and
c.    Consumer Goods, USD 1.98 billion (-2.0%). (Table 2)

CLAIRE DENNIS S. MAPA, PhD
Undersecretary
National Statistician and Civil Registrar General