Table 5  Balance of Trade by Major Trading Partners: September 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                   9,114.73  4,742.19  4,372.54    (369.66)

 1  United States Of America  1/    1,401.16    660.11    741.05      80.94
 2  Japan  2/                       1,205.90    580.60    625.30      44.70
 3  Singapore                         835.21    592.85    242.37    (350.48)
 4  Hong Kong                         804.38    205.83    598.55     392.72
 5  China, People's Republic of       789.94    325.11    464.84     139.73
 6  Taiwan                            530.51    386.23    144.28    (241.95)
 7  Malaysia  3/                      465.49    229.93    235.56       5.62
 8  Korea, Republic of                458.36    288.06    170.30    (117.75)
 9  Netherlands                       371.61     36.30    335.31     299.02
10  Thailand                          337.79    215.44    122.35     (93.09)
11  Germany                           284.48    108.20    176.29      68.09
12  Saudi Arabia                      257.67    252.24      5.43    (246.81)
13  Indonesia                         175.18    136.16     39.03     (97.13)
14  Australia                         113.92     57.56     56.36      (1.21)

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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:  November 27, 2007
Related press release | Foreign trade statistics index