MANILA May 9 The Philippine Statistics
Authority has revised trade data for 2013 after including
figures that weren't captured earlier, the agency said on
Thursday, potentially impacting growth assumptions of the
government and analysts.
The agency is yet to finish revising the trade numbers for
2012 and previous years, which will take into account hitherto
excluded data from the Philippine Export Zone Authority.
Based on the new revised data, the Philippines had a balance
of trade deficit of $5.71 billion in 2013, much lower than the
previously reported deficit of $7.85 billion.
It also showed higher exports and imports last year,
underscoring the possible implications for government and
private economic forecasts for 2014.
Exports in 2013 was $56.7 billion against the approximately
$54 billion reported earlier, and imports of $62.4 billion
compared with $61.8 billion previously.
To view the statistics agency's complete 2013 data, click on
(Reporting by Rosemarie Francisco and Erik dela Cruz; Editing
by Shri Navaratnam)