Trade gap likely up in NovemberThis photo shows crates carried by a forklift in the port of Manila. MANILA, Philippines — The Philippines likely posted a bigger trade gap in November due to slower exports growth and the continued decline in imports, according to UK-based think tank Pantheon Macroeconomics. In a report, Pantheon Macroeconomics chief emerging Asia economist Miguel Chanco and Asia economist Meekita Gupta said that they expect the trade gap to widen to $3.95 billion in November from $3.83 billion in October. Philippine exports rose by 19.4 percent to $7.39 billion in October from $6.19 billion in the same month last year. Exports have posted growth for 10 straight months despite the US imposition of tariffs on its trade partners.

Source: Philippine Star December 25, 2025 16:01 UTC