Philippines posts $3.92 billion trade deficit in June

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The ship Anna Maersk is docked at Roberts Bank port carrying 69 containers of mostly paper and plastic waste returned by the Philippines in Vancouver, British Columbia, Canada June 29, 2019. (Reuters/Jason Redmond)

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MANILA — The Philippines posted a trade deficit PHTBAL=ECI of $3.92 billion for June, preliminary official data showed on Tuesday.

Imports PHIMP=ECI in June fell 15.2% to $10.62 billion from a year earlier, while exports PHEXP=ECI grew 0.8% to $6.7 billion, the Philippine Statistics Authority said.

—Reporting by Neil Jerome Morales and Enrico Dela Cruz; Editing by Martin Petty

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Philippines posts $3.92 billion trade deficit in June
Source: Filipino Trend Viral