Table 5  Balance of Trade by Major Trading Partners: July 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             8,420.43  4,464.35  3,956.08   (508.28)

 1  United States Of America  1/    1,467.03    709.23    757.80     48.57
 2  Japan  2/                       1,203.61    560.54    643.07     82.53
 3  Singapore                         759.77    480.72    279.05   (201.67)
 4  China, People's Republic of       659.71    326.92    332.79      5.87
 5  Hongkong                          567.33    185.87    381.46    195.59
 6  Taiwan                            532.41    321.88    210.53   (111.36)
 7  Malaysia  3/                      423.82    198.35    225.48     27.13
 8  Korea, Republic of                394.24    282.98    111.26   (171.71)
 9  Netherlands                       369.51     36.29    333.22    296.93
10  Germany                           322.42    160.11    162.32      2.21
11  Iran                              298.28    292.69      5.59   (287.10)
12  Thailand                          270.14    158.42    111.72    (46.71)
13  Saudi Arabia                      138.37    134.41      3.96   (130.44)
14  Vietnam                           102.94     78.36     24.58    (53.77)

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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:  September 26, 2006
Related press release | Foreign trade statistics index