The Philippines’ merchandise trade grew 16.9% in September 2021, its eighth consecutive month of improvement as both imports and exports continued to record growth, according to latest data from the Philippine Statistics Authority.

The country’s trade amounted to US$17.35 billion in September 2021, higher than the $14.839 billion recorded in the same month last year.

Imports grew for the eighth straight month in September 2021 to $10.67 billion, 24.8% higher than the $8.552 billion recorded in September 2020.

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