MANILA - The Philippine government yesterday revised its 2005 trade deficit to $6.163 billion, much higher than the $3.903 billion it earlier announced.

The National Statistics Office said it had changed the trade deficit figure due to the adoption of a new methodology of compiling import statistics and the addition of more import documents.

Under the new figures, imports in 2005 have been revised to $47.418 billion from the original estimate of $44.9 billion while export figures were raised to $41.255 billion from $41.006 billion, the NSO said in a statement.*AFP

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