In a statement, the PSA said that overall trade in agriculture — the sum of exports and imports — grew 17.3% to $7.027 billion, slowing from the 25.4% growth rate in the previous quarter. The year-earlier growth rate was 16.0%. READ:
THE deficit in the trade of agricultural goods widened 39.6% year on year to $3.313 billion in the third quarter, according to preliminary data from the Philippine Statistics Authority .
During the quarter, cereals accounted for $1.107 billion or 21.4% of agricultural imports. This was followed by meat and edible meat offal , and animal or vegetable fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes . Exports of agricultural products rose 2.7% year on year to $1.856 billion during the quarter. This compares with the 33.5% growth rate in the second quarter and the 15.3% posted a year earlier.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Rains leave P1.38b infra, agri losses; 51 dead, 19 missing’In an updated report, the agency said the figure included P1.14 billion worth of losses to infrastructure and some P245 million in agricultural damage in the regions of Mimaropa (Mindoro, Marinduque, Romblon, and Palawan), the Bicol Region, Eastern- READ:
Read more »
Agri, energy, mining projects up at PBBM visit to ChinaThe visit of President Ferdinand Marcos Jr. to China is expected to generate potential investments in the agriculture, energy and mining sectors.
Read more »
Inflation swifter at fresh 14-year high of 8.1% in December 2022 — PSAPrices of consumer goods and services continued its accelerated trajectory in the last month of 2022, hitting a fresh 14-year high, as food prices remain elevated during the period, data released by the Philippine Statistics Authority (PSA) on Thursday showed.
Read more »
In historic first, the Philippines' Ateneo de Manila University wins international debate championshipFor the first time in history, the Philippines won the World Universities Debating Championship, the largest international debate tournament, held in Madrid in Spain from Dec. 27 to Jan. 4. | via philstarlife
Read more »
BusinessMirrorTop News Opinion Agri-Commodities Banking & Finance Companies Export Unlimited Entrepreneur Executive Views Nation World Economy Sports Life Art Digital Life Journey Motoring Property Tech Tourism Y2Z
Read more »
Inflation soars to 8.1% in Dec(UPDATE) INFLATION rose to a year high of 8.1 percent in December, the Philippines Statistics Authority (PSA) reported on Thursday, putting monetary authorities under continued...
Read more »