2 GOODS
for periods indicated
in million US dollars
	2022 p				Jan-Mar			Growth (%)
	Jan	Feb	Mar		2021 p	2022  p		2022  p
Goods	-5,399	-4,925	-6,029		-10,966	-16,353		-49.1
Exports	4,473	4,633	5,344		12,981	14,450		11.3
Imports	9,871	9,559	11,373		23,947	30,803		28.6
General Merchandise on a BOP basis	-5,475	-5,015	-6,027		-11,187	-16,517		-47.6
General Merchandise Exports, fob	4,397	4,543	5,346		12,741	14,286		12.1
Of which: Re-exports	5	3	0		25	8		-67.0
General Merchandise Imports, fob	9,871	9,559	11,373		23,929	30,803		28.7
Net exports of goods under merchanting	1	-5	-1		1	-5		-613.1
Goods acquired under
merchanting (negative credits)	5	9	6		21	20		-7.5
Goods sold under merchanting	6	4	4		22	14		-36.2
Nonmonetary Gold	75	95	.		220	170		-22.9
Exports	75	95	0		238	170		-28.7
Imports	.	.	.		18	.		-98.7
Details may not add up to total due to rounding.
2021 data on trade-in-goods are based on the preliminary data sourced from the Philippine Statistics Authority (PSA). Revised 2021
trade-in-goods data  based on the final PSA data will be released in September 2022 in accordance with the BSP's revision policy on BOP statistics.
p Preliminary
. Rounds off to zero