Table 4  Philippine Imports Performance by Country:  May 2007 and 2006
         (F.O.B. Value in Million U.S. Dollars)

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                                                   2 0 0 7               |               2 0 0 6              |  Annual Growth
Country of Origin                             Percent |          Percent |         Percent  |          Percent|    Rate (%)
                                           May   Share|   Jan-May   Share|       May   Share|   Jan-May  Share| Current Cumulative
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                 Total                4,295.61  100.00  20,608.36  100.00   4,447.84  100.00  20,213.56  100.00   (3.42)      1.95

        Top 10 Countries Total        3,195.78   74.40  15,631.13   75.85   3,272.54   73.58  15,295.14   75.67   (2.35)      2.20

 1 United States Of America  1/         595.82   13.87   3,177.80   15.42     732.54   16.47   3,410.13   16.87  (18.66)     (6.81)
 2 Singapore                            482.46   11.23   2,382.70   11.56     333.95    7.51   1,799.09    8.90   44.47      32.44
 3 Japan  2/                            418.68    9.75   2,367.73   11.49     560.23   12.60   2,808.30   13.89  (25.27)    (15.69)
 4 China, People's Republic of          325.43    7.58   1,540.25    7.47     302.73    6.81   1,445.25    7.15    7.50       6.57
 5 Taiwan                               301.01    7.01   1,414.30    6.86     392.76    8.83   1,600.12    7.92  (23.36)    (11.61)
 6 Saudi Arabia                         288.60    6.72   1,179.97    5.73     280.72    6.31   1,160.25    5.74    2.81       1.70
 7 Ireland                              220.83    5.14     761.15    3.69      56.82    1.28     324.08    1.60  288.65     134.86
 8 Korea, Republic of                   206.76    4.81   1,220.27    5.92     270.41    6.08   1,185.49    5.86  (23.54)      2.93
 9 Thailand                             180.29    4.20     783.61    3.80     174.64    3.93     757.61    3.75    3.24       3.43
10 Hong Kong                            175.90    4.09     803.34    3.90     167.75    3.77     804.83    3.98    4.86      (0.18)
11 Others                             1,099.83   25.60   4,977.23   24.15   1,175.30   26.42   4,918.42   24.33   (6.42)      1.20

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 Source:  Economic Indices and Indicators Division
          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
          Components may not add up to total due to rounding.

 Page last updated:  July 25, 2007