由于出口增加而进口下降，菲律宾的贸易逆差从去年同期的47亿美元缩小到2025年4月的35亿美元。受其他制成品（143.8%）、金属部件（26.9%）和香蕉（25.4%）销售额增长的推动，出口同比增长7%，达到67亿美元。美国在出口中所占份额最大（15.9%），其次是日本（13.2%）、香港（132%）和中国（10.4%）。与此同时，进口下降7.2%，至102亿美元，主要原因是矿物燃料、润滑油和相关材料（-35.1%）、钢铁（-25.3%）以及谷物和谷物制剂（-17.8%）的采购减少。中国仍然是最大的进口来源国，占进口总额的28.2%，其次是日本（8.3%）、印度尼西亚（8%）和韩国（7.4%）。考虑到今年前四个月，贸易逆差略降至159亿美元，而去年同期为160亿美元。
The Philippines’ trade deficit narrowed to USD 3.5 billion in April 2025 from USD 4.7 billion in the same month last year, as exports rose while imports fell. Year-on-year, exports climbed by 7% to USD 6.7 billion, driven by higher sales of other manufactured goods (143.8%), metal components (26.9%), and bananas (25.4%). The US accounted for the largest share of exports (15.9%), followed by Japan (13.2%), Hong Kong (13.2%), and China (10.4%). Meanwhile, imports dropped by 7.2% to USD 10.2 billion, mainly due to reduced purchases of mineral fuels, lubricants and related materials (-35.1%), iron and steel (-25.3%), and cereals and cereal preparations (-17.8%). China remained the top import source, accounting for 28.2% of total imports, followed by Japan (8.3%), Indonesia (8%), and South Korea (7.4%). Considering the first four months of the year, the trade deficit slightly decreased to USD 15.9 billion , compared to USD 16 billion in the corresponding period of the previous year.
