By Abigail Marie P. Yraola, Deputy Research Head
THE Philippines’ trade-in-goods deficit narrowed to a four-year low in 2025, as exports rose by double-digits and import growth remained muted, the Philippine Statistics Authority (PSA) reported on Tuesday.
Analysts said that the narrower trade deficit may have helped provide a modest lift to gross domestic product (GDP) growth in 2025.
Preliminary data from the PSA showed the country’s trade deficit fell by 9.5% year on year to $49.17-billion deficit in 2025, smaller than the $54.33-billion gap a year earlier.
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