Table 4  Philippine Major Trading Partners: 2006
         (F.O.B.  Value in Million U.S. Dollars)

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                                        Total Trade          Exports to        Imports from  Balance of Trade
Country                              Value  Percent      Value  Percent      Value   Percent      Favorable +
                                              Share               Share                Share  Unfavorable (-)
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Total                            99,183.80    100.0  47,410.12    100.0  51,773.68     100.0       (4,363.57)

Total of Top Ten Countries       78,355.04     79.0  40,594.49     85.6  37,760.54      72.9        2,833.95

 United States of America  1/    17,126.49     17.3   8,689.53     18.3   8,436.96      16.3          252.57
 Japan 2/                        15,188.06     15.3   7,917.82     16.7   7,270.24      14.0          647.59
 China, People's Republic of      8,275.01      8.3   4,627.66      9.8   3,647.35       7.0          980.31
 Singapore                        7,883.72      7.9   3,505.01      7.4   4,378.72       8.5         (873.71)
 Taiwan                           6,155.30      6.2   2,010.28      4.2   4,145.02       8.0       (2,134.74)
 Hong Kong                        5,801.60      5.8   3,706.01      7.8   2,095.60       4.0        1,610.41
 Netherlands                      5,178.66      5.2   4,769.20     10.1     409.47       0.8        4,359.73
 Malaysia 3/                      4,723.57      4.8   2,621.44      5.5   2,102.13       4.1          519.31
 Korea, Republic of               4,622.40      4.7   1,422.83      3.0   3,199.57       6.2       (1,776.74)
 Thailand                         3,400.21      3.4   1,324.72      2.8   2,075.49       4.0         (750.76)
 Others                          20,828.76     21.0   6,815.62     14.4  14,013.14      27.1       (7,197.52)

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Source:  Foreign Trade Statistics Section
         Industry and Trade Statistics Department
         National Statistics Office
         Republic of the Philippines

Notes:   1/ includes Alaska and Hawaii
         2/ includes Okinawa
         3/ includes Sabah and Sarawak
         Components may not add up to total due to rounding.

Page last updated:  September 7, 2007