MANILA, May 9 (Xinhua) -- China remains the biggest source of imports with 15.3 percent share in March, Philippine Statistics Authority (PSA) said Wednesday.
Import bills from the top 10 countries for imports in March amounted to 6.14 billion U.S. dollars or 75.6 percent share of the total, the PSA said.
"China was the country's biggest source of imports with 15.3 percent share in March 2018. Import payments to China stood at 1.24 billion U.S. dollars, posting a decrease of 12.0 percent from 1.41 billion U.S. dollars in March 2017," the PSA said in a statement.
Japan, including Okinawa, placed the second, accounted for 11.0 percent and an import value of 891.21 million U.S. dollars.
The Republic of Korea ranked the third with imports valued at 830.88 million U.S. dollars, contributing a share of 10.2 percent.
The United States, including Alaska and Hawaii placed fourth with imports valued at 624.51 million U.S. dollars.
Other countries rounding the list of major sources of imports in March were Thailand, Singapore, Indonesia.
The PSA also said that total exports receipt recorded by the Philippines' top 10 market destinations in March amounted to 4.64 billion U.S. dollars or 84.2 percent share of the total. Enditem
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