Imports

External Trade Performance : July 2011

Total external trade in goods for January to July 2011 reached $64.686 billion, representing a 9.1 percent increment from $59.312 billion registered during the same period a year earlier. Similarly, total imports grew by 14.3 percent to $35.500 billion from $31.065 billion. On the other hand, aggregate exports were up by 3.3 percent to $29.186 billion in January to July of 2011 from $28.246 billion of the previous year. Thus, the balance of trade in goods (BOT-G) for the Philippines posted a deficit at $6.314 billion for the first 7-month period of 2011, a value higher than the $2.819 billion deficit recorded during the same period in 2010.

External Trade Performance : August 2011

Total external trade in goods for January to August 2011 reached $73.735 billion, representing a 7.6 percent increment from $68.547 billion registered during the same period a year earlier. Similarly, total imports grew by 13.8 percent to $40.426 billion from $35.526 billion. On the other hand, aggregate exports slightly inched up by 0.9 percent to $33.308 billion in January to August of 2011 from $33.021 billion of the previous year. Thus, the balance of trade in goods (BOT-G) for the Philippines posted deficit at $7.118 billion for the first eight-month period of 2011, a value higher than the $2.505 billion deficit recorded during the same period in 2010.

External Trade Performance : November 2011

Total external trade in goods for January to November 2011 reached $100.14 billion, representing a 2.9 percent increment from $97.280 billion registered during the same period a year earlier. Similarly, total imports grew by 11.0 percent to $55.506 billion compared to $49.984 billion posted during the same period in 2010. Aggregate exports, on the other hand, fell by 5.6 percent from $47.296 billion in January to November of previous year to $44.635 billion. Thus, the balance of trade in goods (BOT-G) for the Philippines posted a deficit of $10.871 billion, a value higher than the $2.688 billion deficit recorded during the same period in 2010.

External Trade Performance : September 2011

Total external trade in goods for January to September 2011 reached $82.765 billion, representing a 5.5 percent increment from $78.485 billion registered during the same period a year earlier. Similarly, total imports grew by 13.5 percent to $45.560 billion from $40.124 billion. On the other hand, aggregate exports fell by 3.0 percent from $38.362 billion in January to September of previous year to $37.205 billion. Thus, the balance of trade in goods (BOT-G) for the Philippines posted a deficit at $8.355 billion for the three quarters of 2011, a value higher than the $1.762 billion deficit recorded during the same period in 2010.

External Trade Performance : October 2011

Total external trade in goods for January to October 2011 reached $91.815 billion, representing a 4.1 percent increment from $88.178 billion registered during the same period a year earlier. Similarly, total imports grew by 12.2 percent to $50.521 billion compared to $45.028 billion posted during the same period a year earlier. Aggregate exports, on the other hand, fell by 4.3 percent from $43.150 billion in January to October of previous year to $41.293 billion. Thus, the balance of trade in goods (BOT-G) for the Philippines posted a deficit of $9.228 billion, a value higher than the $1.878 billion deficit recorded during the same period in 2010.

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