Table 5  Balance of Trade by Major Trading Partners: October 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              8,876.39  4,678.61  4,197.78   (480.82)

 1 United States Of America  1/     1,566.68    773.31    793.37     20.06
 2 Japan  2/                        1,335.18    665.20    669.98      4.78
 3 China, People's Republic of        809.85    341.03    468.82    127.79
 4 Singapore                          642.77    356.89    285.88    (71.02)
 5 Taiwan                             581.11    412.91    168.20   (244.71)
 6 Hong Kong                          573.44    194.51    378.93    184.42
 7 Netherlands                        414.91     31.56    383.34    351.78
 8 Korea, Republic of                 408.60    288.21    120.38   (167.83)
 9 Malaysia  3/                       362.07    157.08    204.99     47.91
10 Germany                            315.71    144.15    171.55     27.40
11 Thailand                           308.89    203.52    105.38    (98.14)
12 Saudi Arabia                       254.56    251.27      3.29   (247.98)
13 Iran                               139.25    133.27      5.97   (127.30)
14 Indonesia                          129.89     98.97     30.92    (68.04)

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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:  December 28, 2006
Related press release | Foreign trade statistics index