Philippines’ External Trade Increases by 3% in September 2024.
Manila: The country’s total external trade in goods experienced a 3.0 percent increase, reaching USD17.60 billion in September 2024, compared to USD17.09 billion during the same period last year, as revealed by data from the Philippine Statistics Authority (PSA). According to Philippines News Agency, the PSA report highlighted that of the total external trade for the month, 64.4 percent consisted of imported goods, while the remaining 35.6 percent were exported goods. Export sales amounted to USD6.26 billion, marking a 7.6 percent decrease from the USD6.77 billion recorded in September of the previous year. However, for the first nine months of