Philippine merchandise trade in 2016 grew 5.8 percent from 2015, backed by double-digit growth of imports that offset exports decline, according to the National Economic and Development Authority (NEDA). Based on a report by the Philippine Statistics Authority, the full-year 2016 total trade reached US$137.4B, with the 14.2-growth in imports mitigating the 4.4 percent decline continue reading : PH trade growth up in 2016 on strong imports
EXPORTS RECOVER, DRIVE TOTAL TRADE GROWTH
Total merchandise trade grew by 9.8 percent in September 2016, pulled by the recovery of exports growth to positive territory, according to the National Economic and Development Authority (NEDA). Based on a report by the Philippine Statistics Authority, total trade grew to US$12.3 billion in September 2016 from US$11.8 billion in August 2016. Imports grew continue reading : EXPORTS RECOVER, DRIVE TOTAL TRADE GROWTH
