Agri trade contracts 14.9% in Q2

By Janine Alexis Miguel

Sep 18, 2023 12:39 am

THE Philippines' agricultural trade contracted by 14.9 percent to $5.93 billion in the second quarter of this year compared to the same period last year, the Philippine Statistics Authority (PSA) reported on Friday.

The country's total agricultural exports during the second quarter, which accounted for 27.2 percent of the country's total trade, fell to $1.61 billion or a 24.4 percent drop from $2.13 billion a year earlier.

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