Table 5  Balance of Trade by Major Trading Partners: February 2007
         (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           7,407.21  3,689.90  3,717.31      27.41

 1  United States Of America  1/    1,233.07    581.13    651.94      70.81
 2  Japan  2/                       1,019.88    457.70    562.18     104.48
 3  China, People's Republic of       748.90    294.57    454.33     159.76
 4  Singapore                         568.53    324.09    244.44     (79.65)
 5  Hong Kong                         533.96    134.45    399.51     265.07
 6  Taiwan                            411.95    262.08    149.87    (112.22)
 7  Korea, Republic of                361.53    250.23    111.30    (138.93)
 8  Malaysia  3/                      347.08    171.85    175.23       3.38
 9  Netherlands                       319.07     25.99    293.08     267.09
10  Thailand                          256.28    153.29    102.99     (50.30)
11  Germany                           230.51     79.20    151.31      72.11
12  Saudi Arabia                      229.52    223.87      5.65    (218.22)
13  Ireland                           126.63    123.40      3.23    (120.18)
14  Indonesia                         125.69     89.64     36.05     (53.59)

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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:  April 25, 2007
Related press release | Foreign trade statistics index