Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.
Philippine Trade Deficit Widens In AugustTuesday, October 10, 2017 > 10:39:50
Philippine foreign trade deficit increased in August from a year ago, as imports grew faster than exports, preliminary figures from the Philippine Statistical Authority showed Tuesday.
The trade deficit climbed to $2.41 billion in August from $2.13 billion in the corresponding month last year. In July, the shortfall was $1.62 billion.
Exports grew 9.3 percent year-over-year in August and imports advanced by 10.5 percent.
Shipments of electronic products, accounting for 51.9 percent of total exports, rose by 3.5 percent.
Other Trade and Development News
Global Affairs Canada and Statistics Canada headlines