Manila, May 30 -- The country's trade deficit narrowed by over 26 percent in April this year as exports grew while imports declined.

Data released by the Philippine Statistics Authority (PSA) on Friday showed that the balance of trade in goods or the difference between the value of exports and imports, fell by 26.1 percent to USD3.49 billion from USD4.72 billion in the same month last year.

The value of exports reached USD6.75 billion, up by 7 percent from the USD6.30 billion in April 2024.

The PSA said electronic products continued to be the country's top exports during the month with earnings amounting to USD3.41 billion, accounting for 50.5 percent of the total exports.

By major trading partner, exports to the United States compris...