Total external trade in goods for January to November 2011 reached $100.14 billion, representing a 2.9 percent increment from $97.280 billion registered during the same period a year earlier. Similarly, total imports grew by 11.0 percent to $55.506 billion compared to $49.984 billion posted during the same period in 2010. Aggregate exports, on the other hand, fell by 5.6 percent from $47.296 billion in January to November of previous year to $44.635 billion. Thus, the balance of trade in goods (BOT-G) for the Philippines posted a deficit of $10.871 billion, a value higher than the $2.688 billion deficit recorded during the same period in 2010.

Total external trade in goods for January to October 2011 reached $91.815 billion, representing a 4.1 percent increment from $88.178 billion registered during the same period a year earlier. Similarly, total imports grew by 12.2 percent to $50.521 billion compared to $45.028 billion posted during the same period a year earlier. Aggregate exports, on the other hand, fell by 4.3 percent from $43.150 billion in January to October of previous year to $41.293 billion. Thus, the balance of trade in goods (BOT-G) for the Philippines posted a deficit of $9.228 billion, a value higher than the $1.878 billion deficit recorded during the same period in 2010.