TACLOBAN CITY-In April 2025, Eastern Visayas posted a balance of trade in goods (BoT-G) worth USD 420.68 million. This indicated a trade surplus in contrast to the USD 160.86 million deficit in April 2024 (Figure 1).
The increase in the BoT-G was driven by the total value of exports, which grew by more than three times from USD 124.69 million in April 2024 to USD 457.82 million in April 2025.
On the other hand, the total value of imports declined by 87.0 percent from USD 285.55 million in April 2024 to USD 37.15 million in April 2025.
The total external trade of the region in April 2025 was USD 494.97 million which was 20.7 percent higher than the USD 410.24 million recorded in April 2024.
The total volume of goods exported by the region in April 2025 was 99.63 million kilograms, which was 20.1 percent more than the 82.97 million kilograms of goods exported in April 2024. The commodity group of copper and articles thereof comprised the bulk (94.4%) of the total exports in April 2025 at USD 432.27 million. Exports to Canada worth USD 432.27 million represented the bulk or 94.4 percent of the overall exports in April 2025.
The region imported a total of 181.53 million kilograms of goods in April 2025, which was 11.1 percent higher than the 163.36 million kilograms of goods imported in
April 2024. The commodity group of mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes, which amounted USD 13.22 million was a little over one-third (35.6%) of the total value of imports in April 2025. Republic of Korea (South Korea) which recorded USD 12.72 million worth of imports in April 2025, slightly over one-third (34.2%) of the total value of imports during the month in review. (PR)