REALTIME STATISTICS OF IMPORT EXPORT DATA OF THE PHILIPPINES
PHILIPPINES REALTIME FACTS AND FIGURES TO ANALYSE THE PHILIPPINES TRADE DATA Unlike other articles and blogs available online, we are going to start this blog with some facts today and the end will also be analytical and factual rather than theoretical. Starting with the year 2021, in the month of September 2021, the Philippines Trade Data showed a value of USD 17188 million for total trade which included exports worth USD 6690 million and imports worth USD 10497 million. After analyzing the Philippines Import Data and Philippines Export data for the month of September 2021, it was hence noticed that the nation faced a negative trade balance worth USD 3810 million. Roughly after a year, i.e., in the month of August 2022, the Philippines Trade Data showcased a trade value of USD 18842 million. the imports of the country increased very much as compared to last year leading to a widening gap between total imports and exports, leading to rising in trade deficit worth USD 6020