THE country's trade gap declined in July as the value of imports exceeded exports, according to the preliminary data released by the Philippine Statistics Authority (PSA) on Thursday.

Inbound shipments increased by 24 percent year-on-year to $9.7 billion, while outbound ones expanded by 12.7 percent to $6.4 billion.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details