Farm trade deficit widens by 1.5% in 3rd quarter–PSA

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Farm trade deficit widens by 1.5% in 3rd quarter–PSA - Business Mirror

Quick Summary:

THE country’s farm trade deficit expanded by 1.5 percent in the third quarter, according to the latest data from the Philippine Statistics Authority (PSA).

Among the other major agricultural imports during the period were meat and edible meat offal, residues and waste from the food industries, miscellaneous edible preparations, and dairy produce.

Cereals, including rice and wheat, were the country’s top food imports at $1.05 billion or 7.8 percent higher than the $969.89 million recorded last year.