Table 3  Philippine Exports Performance by Country
         May 2007 and 2006
         (F.O.B Value in Million U.S. Dollars)

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                                                 2007                  |                2006                 | Annual Growth Rate
Country                                     Percent|            Percent|           Percent|           Percent|     (Percent)
                                  Jan-May p   Share|      May p   Share|   Jan-May   Share|       May   Share| Cumulative Current
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         Total                    20,421.18  100.00    4,122.08  100.00  18,957.65  100.00   3,885.12  100.00       7.72     6.10

        Top 10 Countries Total    17,579.84   86.09    3,530.35   85.64  16,504.45   87.06   3,338.35   85.93       6.52     5.75

 1 United States Of America  1/    3,314.47   16.23      655.85   15.91   3,389.72   17.88     706.29   18.18      (2.22)   (7.14)
 2 Japan  2/                       2,891.62   14.16      544.25   13.20   3,336.25   17.60     682.57   17.57     (13.33)  (20.27)
 3 Hong Kong                       2,533.11   12.40      514.63   12.48   1,318.40    6.95     321.67    8.28      92.14    59.99
 4 China, People's Republic of     2,315.17   11.34      462.08   11.21   1,625.88    8.58     346.36    8.91      42.40    33.41
 5 Netherlands                     1,794.04    8.79      326.44    7.92   2,342.76   12.36     268.75    6.92     (23.42)   21.47
 6 Singapore                       1,223.79    5.99      261.19    6.34   1,530.06    8.07     352.01    9.06     (20.02)  (25.80)
 7 Malaysia  3/                      977.87    4.79      218.14    5.29   1,024.16    5.40     229.47    5.91      (4.52)   (4.94)
 8 Taiwan                            957.74    4.69      194.64    4.72     701.27    3.70     163.69    4.21      36.57    18.91
 9 Korea, Republic of                750.33    3.67      190.24    4.62     592.78    3.13     142.18    3.66      26.58    33.80
10 Germany                           821.69    4.02      162.90    3.95     643.18    3.39     125.38    3.23      27.75    29.92
11 Others                          2,841.34   13.91      591.73   14.36   2,453.20   12.94     546.76   14.07      15.82     8.22

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


Notes:   *  Based on May 2007 ranking.
         1/ Includes Alaska and Hawaii.
         2/ Includes Okinawa.
         3/ Includes Sabah and Sarawak.
         p/ Preliminary

         Components may not add up to totals due to rounding.

Page last updated:  July 10, 2007