PH trade deficit widens to $5.15B in September

The country’s balance of trade increased for the eight month in a row in September 2026 as exports continued to post record high growth during the period, according to preliminary data from the Philippine Statistics Authority (PSA).

The balance of trade in goods in September 2026 reached US$-5.15 billion, indicating a trade deficit with an annual increase of 10.3%.

READ: PH trade deficit narrows by 3.5% in Aug to $3.85B on strong exports

Accounting for 60.3% of the total trade were imports, which saw 25.7% year-on-year increment to $15.03 billion, which was also the highest September import value since 1991. This was also the right month in a row of growth for imports.

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