Where does the Philippines source most of its imported goods?
By Carmina Angelica V. Olano, Researcher
China, Japan and South Korea remained as the country’s top source of imports, accounting for 39% of the total from January to April this year, preliminary data from the Philippine Statistics Authority showed.
The value of imports from China and South Korea posted double-digit annual growths of 14.7% and 37%, respectively. Meanwhile, imports from Japan dropped 7.1% from the same period year ago.