Total external trade in goods for January to November 2003 amounted to $66.821 billion representing an increase of 2.7 percent from $65.048 billion during the same period a year ago. Total foreign-made merchandise also went up by 5.0 percent to $34.380 billion from $32.754 billion. Similarly, exports recorded a slight year-on-year growth rate of 0.5 percent to an aggregate dollar revenue of $32.441 billion from $32.294 billion a year earlier. Balance of trade in goods (BOT-G) deficit for the Philippines reached $1.939 billion, higher than last years deficit of $459 million.

Total external trade in goods for January to November 2004 amounted to $73.59 billion representing a growth of 9.0 percent from $67.481 billion during the same period of the previous year. Total foreign-made merchandise as well went up by 8.2 percent to $37.255 billion from $34.425 billion. Similarly, exports registered a year-on-year increase of 9.9 percent to aggregate dollar revenue of $36.331 billion from $33.056 billion a year earlier. Balance of trade in goods (BOT-G) deficit for the Philippines reached $924 million, lower than last year’s deficit of $1.369 billion.

Total external trade in goods for January to December 2004 amounted to $79.90 billion representing a growth of 8.4 percent from $73.728 billion during the same period a year earlier. Total foreign-made merchandise also grew by 7.5 percent to $40.300 billion from $37.497 billion. Likewise, exports registered a year-on-year increment of 9.3 percent to aggregate dollar revenue of $39.598 billion from $36.231 billion last year. Balance of trade in goods (BOT-G) deficit for the Philippines reached $702 million, lower than last year’s deficit of $1.265 billion.