MANILA, May 30 (Xinhua) -- The Philippines' total external trade in goods decreased by 2 percent in April 2025 to 16.99 billion U.S. dollars from 17.34 billion dollars in April 2024, the Philippine Statistics Authority (PSA) said on Friday.
Of the total external trade in April 2025, the agency said 60.3 percent were imported goods, while the remaining 39.7 percent were exported goods.
The agency said the balance of trade in goods or the difference between export and import value in April 2025 amounted to 3.49 billion dollars, indicating a trade deficit with an annual reduction of 26.1 percent.
China was the Philippines' largest supplier of imported goods, valued at 3.01 billion dollars or 29.4 percent of the country's total imports in April 2025.
The United States contributed the highest export value in April, with 1.03 billion dollars, or 15.2 percent of the total exports.
