Table 5  Balance of Trade by Major Trading Partners: August 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             9,075.35  4,971.29  4,104.07   (867.22)

 1  United States Of America  1/    1,456.28    690.46    765.82     75.36
 2  Japan  2/                       1,216.22    592.33    623.89     31.56
 3  Singapore                         827.98    590.04    237.95   (352.09)
 4  China, People's Republic of       748.71    284.16    464.55    180.40
 5  Hong Kong                         617.07    190.65    426.42    235.77
 6  Taiwan                            556.82    427.45    129.37   (298.08)
 7  Korea, Republic of                481.29    322.97    158.31   (164.66)
 8  Malaysia  3/                      412.59    190.46    222.14     31.68
 9  Saudi Arabia                      402.98    396.58      6.40   (390.18)
10  Netherlands                       352.33     37.59    314.73    277.14
11  Thailand                          283.65    174.47    109.18    (65.29)
12  Germany                           266.02    105.55    160.47     54.92
13  United Arab Emirates              152.63    134.15     18.48   (115.67)
14  Indonesia                         144.31     97.66     46.65    (51.02)

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