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The Philippines’ total merchandise trade for January-February 2018 amounted to US$26.29 billion, an increase of 9.1% from US$24.11 billion recorded in January-February 2017.  Total exports slightly increased by 1.0% to US$10.03 billion in January-February 2018 from US$9.93 billion in the same period last year.  Similarly, total imports increased by 14.7% from US$14.17 billion in January-February 2017 to US$16.26 billion in January-February 2018.  The country’s balance of trade in goods registered US$6.23 billion deficit in January-February 2018 higher than the US$4.24 billion deficit during the same period 2017.

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