Philippines balance of trade

Philippines’s balance of trade increased to -4760943.0 by 38.0% on April 2024 from -3442120.0 in the previous month. On a year on year basis Philippines’s balance of trade decreased by -2.0%. Philippines’s balance of trade trend is down since the current value of -4760943.0 is lower than the 12 month moving average of -4132030.0. and the 12 month moving average slope is down.Philippines’s balance of trade 1-year percentile is currently at 100.0 5-year percentile is currently at 58.0%. MacroVar monitors the factors of Momentum, Trend for Philippines balance of trade.

A detailed analysis can be found here