Table 5  Balance of Trade by Major Trading Partners: October 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              9,785.87  5,137.50  4,648.36   (489.14)

 1 United States Of America  1/     1,499.29    678.80    820.48    141.68
 2 Japan  2/                        1,336.37    687.57    648.80    (38.77)
 3 China, People's Republic of        977.40    396.48    580.93    184.45
 4 Singapore                          841.81    574.46    267.35   (307.10)
 5 Hong Kong                          800.92    205.59    595.33    389.74
 6 Taiwan                             551.76    429.28    122.47   (306.81)
 7 Korea, Republic of                 427.40    288.51    138.89   (149.61)
 8 Malaysia  3/                       415.18    176.32    238.86     62.54
 9 Netherlands                        387.64     31.81    355.83    324.02
10 Saudi Arabia                       359.79    353.68      6.10   (347.58)
11 Thailand                           335.63    226.55    109.08   (117.47)
12 Germany                            285.05    101.78    183.27     81.48
13 Vietnam                            157.40     97.44     59.96    (37.48)
14 Australia                          157.22     82.20     75.02     (7.19)

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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:  December 28, 2007
Related press release | Foreign trade statistics index