External Trade

External Trade Performance : February 2013

Total external trade in goods for February 2013 reached $8.449 billion, representing a 10.4 percent decrease from $9.427 billion recorded during the same month in 2012. This was due to the 5.8 percent downward trend of total imports from $4.996 billion to $4.708 billion in February 2013. Similarly, exports showed a 15.6 percent decrement from $4.430 billion to $3.741 billion in February 2013. Thus, the balance of trade in goods (BOT-G) for the Philippines in February 2013 registered a deficit of $967 million from $566 million deficit in the same period last year.

External Trade Performance : January 2013

Total external trade in goods for January 2013 reached $8.735 billion, representing a 5.6 percent decrease from $9.257 billion recorded during the same month in 2012. This was due to the 8.0 percent downward trend of total imports from $5.134 billion to $4.725 billion in January 2013. Similarly, exports showed a 2.7 percent decrement from $4.123 billion in January 2012 to $4.011 billion. Thus, the balance of trade in goods (BOT-G) for the Philippines in January 2013 registered a deficit of $714 million from $1.010 billion deficit in the same period last year.

External Trade Performance : December 2012

Total external trade in goods for December 2012 reached $9.216 billion, representing a 14.6 percent increase from $8.040 billion recorded during the same month in 2011. The increase can be attributed to the 16.5 percent positive growth of exports to $3.971 billion from $3.407 billion in the same month a year ago. Also, total imports expanded by 13.2 percent to $5.246 billion from $4.633 billion in December 2011. Thus, the balance of trade in goods (BOT-G) for the Philippines in December 2012 registered a deficit of $1.275 billion from $1.226 billion deficit in the same period last year.

External Trade Performance : November 2012

Total external trade in goods for November 2012 reached $8.685 billion, representing a 3.5 percent increase from $8.390 billion recorded during the same month in 2011. The increase can be attributed to the 5.5 percent positive growth of exports to $3.550 billion from $3.366 billion in the same month a year ago. Also, total imports expanded by 2.2 percent to $5.135 billion from $5.024 billion in November 2011. Thus, the balance of trade in goods (BOT-G) for the Philippines in November 2012 registered a deficit of $1.586 billion from $1.658 billion deficit in the same period last year.

External Trade Performance : October 2012

Total external trade in goods for October 2012 reached $9.648 billion, representing a 5.1 percent increase from $9.180 billion recorded during the same month in 2011. The increase can be attributed to the 6.1 percent positive growth of exports to $4.408 billion from $4.156 billion in the same month a year ago. Also, total imports expanded by 4.3 percent to $5.240 billion from $5.024 billion in October 2011. Thus, the balance of trade in goods (BOT-G) for the Philippines in October 2012 registered a deficit of $832 million from $869 million deficit in the same period last year.

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