Dec trade gap hits record high

By Anna Leah E. Gonzales

Jan 27, 2022 6:20 pm

THE Philippines' trade gap hit a record high of $5.21 billion in December 2021, preliminary data released by the Philippine Statistics Authority (PSA) showed.

Imports went up by 38.3 percent year on year to $11.48 billion while exports grew by 7.1 percent to $6.27 billion, according to the PSA.

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