Total external trade in goods for January to July 2010 reached $59.136 billion, a 31.6 percent increment from $44.943 billion registered during the same period in 2009. Total imports posted a 26.7 percent annual increase to $30.911 billion from $24.405 billion. Similarly, an increase of 37.4 percent for merchandise exports was noted to $28.225 billion in January to July of 2010 from $20.538 billion during the same period in 2009. Thus, the balance of trade in goods (BOT-G) for the Philippines registered a deficit of $2.686 billion during the 7-month period in 2010, a value lower than the $3.867 billion deficit in the same 7-month period last year.

Total external trade in goods for January to May 2010 reached $41.185 billion, a 36.9 percent increment from $30.090 billion registered during the same period in 2009. Total imports posted a 35.3 percent annual increase to $22.019 billion from $16.272 billion. Similarly, receipts from merchandise exports posted an increase of 38.7 percent to $19.166 billion in January to May of 2010 from $13.818 billion during the same period in 2009. Thus, the balance of trade in goods (BOT-G) for the Philippines posted a deficit of $2.854 billion during the 5-month period in 2010, a value higher than the $2.455 billion deficit in the same 5-month period last year.

Total external trade in goods for the first quarter of 2010 (January to March) reached $24.065 billion, a 37.3 percent increment from $17.525 billion registered during the same period in 2009. Total imports posted a 32.7 percent annual increase to $12.734 billion from $9.599 billion. Similarly, receipts from merchandise exports were up by 42.9 percent to $11.330 billion in January to March of 2010 from $7.926 billion during the same period in 2009. Thus, the balance of trade in goods (BOT-G) for the Philippines posted a deficit of $1.404 billion during the 3-month period in 2010, a value less than the $1.673 billion deficit in the same 3-month period last year.