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Philippine exports up 15% y/y in Feb, fastest rise in six months

April 8, 2022By Reuters

Philippine exports rose 15% in February from a year earlier, the fastest increase in six months, while a 20.1% climb in imports was the slowest growth pace in a year, official data released on Friday showed.

Exports in February totalled $6.16 billion PHEXP=ECI, while imports reached $9.69 billion PHIMP=ECI, yielding a trade deficit of $3.53 billion PHTBAL=ECI, the smallest since August, the statistics agency said.

(Reporting by Neil Jerome Morales and Enrico Dela Cruz
Editing by Ed Davies)


This article originally appeared on reuters.com

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