October 2025 Trade Performance Lead to Narrower Trade Deficit at USD 3.83 Billion

The Philippines’ trade deficit narrowed to USD 3.83 billion (PHP 225.84 billion) in October 2025, down by 34.2 percent from the USD 5.81 billion (PHP 342.57 billion) deficit in October 2024. The lower deficit was in part due to a strong export performance driven by peso depreciation in the said period.

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