Philippine Exports Grew 16.8%, Imports 8.4%
The total external trade in goods for the first six months of 2006 increased by 12.3 percent to $47.308 billion from $42.137 billion in the same period last year.
For the first half of the year imports grew by 8.4 percent to $24.571 billion from $22.665 billion, while exports increased by 16.8 percent to $22.737 billion from $19.471 billion.
The double-digit growth of exports lowered the balance of trade in goods (BOT-G) to $1.834 billion compared with $3.194 billion in the same period last year. More …