Sales dropped to the US (-7.1 percent), Singapore (-17.1 percent), Germany (-7.5 percent), Thailand (-16.1 percent), Taiwan (-12.6 percent), Netherlands (-27 percent), the ASEAN countries (-17 percent), and the EU (-4.8 percent). In contrast, sales rose to Japan (19.1 percent), Hong Kong (5.3 percent), China (0.9 percent), and South Korea (64.1 percent).
Imports declined at a faster 10.5 percent to USD 9.02 billion, the sixth straight month of drop, after a downwardly revised 8.8 percent fall in August. Purchases contracted for iron & steel (-46.8 percent); cereals and cereal preparations (-22 percent); mineral fuels, lubricants (-14.5 percent); plastics in primary and non-primary forms (-9.4 percent); transport equipment (-7.8 percent); electronic products (-7.1 percent); and industrial machinery and equipment (-1.2 percent). Conversely, imports rose for telecommunication equipment and electrical machinery (12 percent), miscellaneous manufactured articles (11 percent), and other food and live animals (1.6 percent).
Purchases shrank from Japan (-5.5 percent), the US (-3.9 percent), South Korea (-42.8 percent), Thailand (-11.7 percent), Indonesia (-23.4 percent), Taiwan (-13 percent), the ASEAN countries (-11.3 percent), and the EU (-6.8 percent). In contrast, purchases from China, the Philippines's largest supplier of imports, rose 9.4 percent. Also, arrivals from Singapore increased 2.7 percent.
Considering the first nine months of the year, exports shrank 0.1 percent from the same period a year earlier while imports declined at a faster 3.4 percent, bringing a trade gap of USD 28.09 billion.