2 GOODS
for periods indicated
in million U.S. dollars
	2023 p													Q1	Q2	Q3		Q4			Growth (%)		Jan-Dec			Growth (%)
	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec						2022 r	2023 p		2023 p		2022 r	2023 p		2023 p
Goods	-6,480	-4,582	-6,131	-5,805	-5,470	-5,069	-5,830	-5,837	-5,054	-5,103	-5,549	-4,879		-17,193	-16,343	-16,721		-15,091	-15,531		-2.9		-69,701	-65,788		5.6
Exports	3,919	3,849	4,961	3,551	4,943	5,137	4,405	4,853	5,160	5,174	4,944	4,420		12,729	13,632	14,418		15,016	14,538		-3.2		57,710	55,316		-4.1
Imports	10,399	8,430	11,092	9,356	10,413	10,206	10,235	10,689	10,214	10,277	10,493	9,299		29,922	29,975	31,139		30,107	30,069		-0.1		127,412	121,104		-5.0
General Merchandise on a BOP basis	-6,578	-4,653	-6,218	-5,920	-5,581	-5,150	-5,950	-5,969	-5,159	-5,189	-5,626	-5,102		-17,450	-16,650	-17,078		-15,360	-15,917		-3.6		-70,688	-67,095		5.1
General Merchandise Exports, fob	3,817	3,773	4,869	3,433	4,828	5,052	4,280	4,718	5,051	5,083	4,863	4,193		12,460	13,313	14,049		14,734	14,139		-4.0		56,664	53,960		-4.8
Of which: Re-exports	8	5	8	10	7	5	6	11	8	12	8	5		20	23	25		17	25		42.4		72	92		28.2
General Merchandise Imports, fob	10,395	8,426	11,087	9,353	10,408	10,202	10,230	10,686	10,210	10,272	10,488	9,295		29,909	29,963	31,127		30,094	30,056		-0.1		127,352	121,055		-4.9
Net exports of goods under merchanting	6	5	4	-2	-1	10	2	11	20	15	15	81		15	7	33		20	110		458.6		37	165		346.0
Goods acquired under
merchanting (negative credits)	7	4	10	11	10	8	11	10	11	8	10	7		21	29	32		23	24		6.0		89	106		19.5
Goods sold under merchanting	13	9	14	9	9	17	13	20	32	22	24	88		36	35	65		43	135		215.1		126	271		115.6
Nonmonetary Gold	92	66	84	118	111	71	118	121	85	72	61	142		242	300	325		250	275		10.2		949	1,142		20.3
Exports	96	70	88	121	116	75	123	124	89	77	66	146		254	312	336		263	289		9.7		1,009	1,191		18.0
Imports	4	4	4	3	5	4	5	3	4	5	5	3		12	11	12		13	13		0.2		59	49		-18.4
Details may not add up to total due to rounding.
p Preliminary
r Revision of estimates due to data updates in the International Merchandise Trade Statistics (IMTS) of the Philippine Statistics Authority (PSA) and post-audit adjustments