Table 5  Balance of Trade by Major Trading Partners: March 2006
          (F.O.B. Value in Million U.S. Dollars)

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                                                                   Balance 
    Country                      Total Trade   Imports   Exports        of
                                                                     Trade
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                    Total           8,263.59  4,137.84  4,125.75    (12.08)

 1  United States Of America  1/    1,371.58    667.38    704.21     36.83
 2  Japan  2/                       1,250.49    594.96    655.53     60.57
 3  Singapore                         789.05    448.55    340.50   (108.05)
 4  China, People's Republic of       699.42    298.76    400.67    101.91
 5  Netherlands                       585.11     32.30    552.82    520.52
 6  Taiwan                            477.61    320.83    156.79   (164.04)
 7  Hongkong                          441.09    162.79    278.30    115.50
 8  Malaysia  3/                      433.15    198.09    235.05     36.96
 9  Korea, Republic of                350.72    234.45    116.28   (118.17)
10  Thailand                          274.35    155.54    118.81    (36.73)
11  Saudi Arabia                      238.30    233.36      4.94   (228.42)
12  Germany                           231.39     82.95    148.43     65.48
13  Vietnam                           132.10    107.81     24.29    (83.52)
14  Indonesia                         111.91     82.32     29.59    (52.73)

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 Source: Economic Indices and Indicators Division
         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:  May 25, 2006
Related press release | Foreign trade statistics index