MANILA, May 7 (Reuters) - Philippine exports expanded at the
fastest pace in more than 10 years in March, the statistics
agency said on Friday, driven by strong demand from major
trading partners, while imports rose at the highest rate in more
than two years.
Outbound shipments increased 31.6% from a year earlier in
March, the highest since September 2010, while imports rose
16.6% from last year, resulting in a wider trade deficit of $2.4
billion compared with the previous month.