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Philippines’ total external trade up by 14.8 pct in August

MANILA, Oct. 11 (Xinhua) — The Philippines’ total external trade in goods rose by 14.8 percent in August to 18.82 billion U.S. dollars, the Philippine Statistics Authority said on Tuesday.

Of the total external trade in August this year, the agency said 65.9 percent were imported goods, while the rest were exported goods. The balance of trade in goods amounted to minus 6 billion dollars, indicating a trade defi