Table 5  Balance of Trade by Major Trading Partners: June 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              8,822.06  4,705.37  4,116.69    (588.69)

 1  United States Of America  1/    1,384.64    681.84    702.80      20.97
 2  Japan  2/                       1,122.07    488.11    633.95     145.84
 3  Singapore                         919.01    639.37    279.65    (359.72)
 4  China, People's Republic of       833.72    387.38    446.33      58.95
 5  Hong Kong                         568.14    173.93    394.21     220.28
 6  Taiwan                            511.87    348.50    163.37    (185.13)
 7  Malaysia  3/                      424.68    203.48    221.20      17.71
 8  Netherlands                       404.38     86.28    318.10     231.82
 9  Korea, Republic of                398.55    254.73    143.82    (110.91)
10  Thailand                          321.96    207.48    114.49     (92.99)
11  Germany                           318.01     95.45    222.56     127.11
12  Ireland                           187.61    181.58      6.04    (175.54)
13  Saudi Arabia                      180.18    175.20      4.98    (170.22)
14  Vietnam                           146.61    105.35     41.26     (64.08)

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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:  August 24, 2007
Related press release | Foreign trade statistics index