The Philippines recorded a trade deficit of $4 billion in July 2025.
MANILA, Philippines — The Philippines posted a smaller trade deficit in July, driven by a double-digit increase in exports sales, the Philippine Statistics Authority (PSA) reported on Friday.
READ: Strong export growth trims Philippine trade deficit in June
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The trade gap narrowed by 17 percent to $4 billion, data showed.
READ: POST PRANDIUM: Why do we have a large trade deficit?
Broken down, exports jumped by 17 percent to $7.34 billion, while imports edged up by 2.3 percent to $11.38 billion.
/rwd
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