PHILIPPINE exports grew 2.2 percent in September from a year earlier, the first monthly rise since February, as the government gradually reopened the pandemic-hit economy, government data showed on Wednesday.
Imports shrank 16.5 percent, the weakest pace since February. The Southeast Asian country recorded total exports worth $6.2 billion for September, against imports of $7.9 billion, yielding a trade deficit of $1.7 billion, the narrowest in three months, the Philippine Statistics Authority said.
China remained the country’s biggest supplier of imported goods followed by Japan, South Korea, United States of America and Indonesia.(ABS-CBN News)
