date:Dec 15, 2021
In the Philippines, agricultural trade data showed there was a deficit of $2.4 billion in the third quarter, with imports of grain products worth over $900 million keeping the trade balance in the negative. According to the Philippine Statistics Authority, the deficit widened 18.3% from a year earlier, with the growth in imports (15.8% to $4.16 billion) outstripping that of exports (12.5% to $1.76 billion).
Total trade rose 14.8% year on year to $5.93 billion during the period, slowing from the