The Philippines’ total merchandise trade for January 2018 amounted to US$13.75 billion, an increase of 7.0% from US$12.85 billion recorded in January 2017.  Total exports slightly increased by 0.5% to US$5.22 billion in January 2018 from US$5.19 billion in the same month last year.  Similarly, total imports increased by 11.4% from US$7.66 billion in January 2017 to US$8.54 billion in January 2018.  The country’s balance of trade in goods registered US$3.32 billion deficit in January 2018 higher than the US$2.47 billion deficit during the same month in 2017.

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