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Philippines Trade Deficit Hits $4.13B as Import from China Surge Outpaces Exports
The Philippines' trade deficit widened sharply to $4.13 billion in March 2025, up 23.1% from a year earlier. Surging imports outpaced modest export gains, highlighting persistent structural vulnerabilities in the country’s trade dynamics. Preliminary data from the Philippine Statistics Authority ...
Fishermen conduct abalone management and protection operations at sea in the waters of Xiaocheng Town, Lianjiang County, Fuzhou City, Fujian Province, China, on March 14, 2026. (Photo by Costfoto/NurPhoto) (Photo by CFOTO / NurPhoto / NurPhoto via AFP)
"China's financial commitments are simply more tangible and easier to grasp than those of Europe," one delegate from an island state remarked to me on a bright spring day in late March, as we both gazed out at the East River from the United Nations Headquarters. Behind us, in airless ...
Philippines Trade Deficit Hits $4.13B as Import from China Surge Outpaces Exports
The Philippines' trade deficit widened sharply to $4.13 billion in March 2025, up 23.1% from a year earlier. Surging imports outpaced modest export gains, highlighting persistent structural vulnerabilities in the country’s trade dynamics. Preliminary data from the Philippine Statistics Authority ...