TRADE in agricultural goods posted a deficit of $11.49 billion last year as both imports and exports fell, data from the Philippine Statistics Authority (PSA) showed.

In a report, the PSA said this represents a 2.6-percent dip from the $11.8 billion posted in 2022. In 2022 and 2021, the total balance of trade registered annual increments of 32.8 percent and 39.4 percent, respectively

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