Exports, imports slow down in Nov.

Amid the lingering effects of United States (US) tariffs on Philippine merchandise exports, the country’s export value in November fell to its lowest level in seven months, while the import value dropped to its lowest in nine months, the Philippine Statistics Authority (PSA) reported.

- By RICARDO M. AUSTRIA

The latest preliminary data released by the PSA on Friday, Dec. 26, showed that the country’s goods exports in November increased by 21.3 percent year-on-year, while imports decreased by two percent.

National Statistician Claire Dennis S. Mapa told Manila Bulletin that the November export value of $6.91 billion was the lowest since April 2025, when it stood at $6.78 billion. He added that the November import value of $10.42 billion was the lowest since February 2025, when it totaled $9.76 billion.