Table 5  Balance of Trade by Major Trading Partners: May 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          8,253.98  4,376.47  3,877.51   (498.96)

 1  United States Of America  1/    1,425.96    722.48    703.48    (19.00)
 2  Japan  2/                       1,190.96    509.93    681.02    171.09
 3  Singapore                         678.22    326.23    351.99     25.76
 4  China, People's Republic of       648.75    303.16    345.59     42.43
 5  Taiwan                            556.65    393.03    163.62   (229.41)
 6  Hongkong                          483.69    161.99    321.71    159.72
 7  Malaysia  3/                      433.61    204.82    228.79     23.97
 8  Korea, Republic of                412.35    272.01    140.35   (131.66)
 9  Netherlands                       324.67     56.53    268.14    211.61
10  Thailand                          307.65    175.23    132.42    (42.81)
11  Saudi Arabia                      290.65    283.90      6.75   (277.15)
12  Iran                              287.65    281.95      5.70   (276.25)
13  Germany                           211.34     85.97    125.36     39.39
14  Indonesia                         121.45     93.69     27.76    (65.93)

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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:  July 25, 2006
Related press release | Foreign trade statistics index