Agri trade deficit narrows in 2023
The Manila Times -

TRADE in agricultural goods posted a deficit of $11.49 billion last year as both imports and exports fell, data from the Philippine Statistics Authority (PSA) showed.In a report, the PSA said this represents a 2.6-percent dip from the $11.8 billion posted in 2022. In 2022 and 2021, the total balance of trade registered annual increments of 32.8 percent and 39.4 percent, respectivelyLast year, the country's agricultural trade decreased by 9.2 percent to $24.34 billion, a reversal from 2022's 19...

In related news