PH external trade rises P20.38B in April – PSA

THE Philippines’ total external trade in goods increased by 16.1 percent in April this year, according to preliminary data released by the Philippine Statistics Authority (PSA) on Friday. PSA data showed the country’s total external trade in goods rose to $20.38 billion from $17.55 billion in April last year. Imports accounted for 64.6 percent of total trade, while exports comprised the remaining 35.4 percent. The balance of trade in goods, or the difference between the value of expo