Table 3  Philippine Exports Performance by Country
         May 2008 and 2007
         (F.O.B Value in Million U.S. Dollars)

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                                                 2008                  |                2007                 | Annual Growth Rate
Country                                     Percent|            Percent|           Percent|           Percent|     (Percent)
                                  Jan-May p   Share|      May p   Share|   Jan-May   Share|       May   Share| Cumulative Current
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                  Total           21,084.59  100.00   4,224.17   100.00  20,452.44  100.00   4,127.86  100.00        3.09    2.33

         Top 10 Countries Total   17,975.73   85.26   3,602.55    85.28  17,610.44   86.10   3,536.79   85.68        2.07    1.86

 1 United States Of America  1/    3,456.23   16.39     675.59    15.99   3,318.26   16.22     657.60   15.93        4.16    2.74
 2 Japan  2/                       3,320.11   15.75     665.40    15.75   2,897.84   14.17     545.18   13.21       14.57   22.05
 3 China, People's Republic of     2,483.41   11.78     502.05    11.89   2,315.54   11.32     462.22   11.20        7.25    8.62
 4 Hong Kong                       2,106.25    9.99     395.98     9.37   2,533.21   12.39     514.63   12.47      (16.85) (23.06)
 5 Korea, Republic of              1,207.31    5.73     313.31     7.42     750.34    3.67     190.25    4.61       60.90   64.69
 6 Netherlands                     1,563.69    7.42     278.23     6.59   1,794.04    8.77     326.44    7.91      (12.84) (14.77)
 7 Singapore                       1,132.47    5.37     234.64     5.55   1,225.36    5.99     261.19    6.33       (7.58) (10.17)
 8 Germany                         1,065.66    5.05     205.34     4.86     828.66    4.05     163.81    3.97       28.60   25.36
 9 Taiwan                            764.61    3.63     168.39     3.99     968.85    4.74     196.89    4.77      (21.08) (14.48)
10 Malaysia  3/                      875.99    4.15     163.62     3.87     978.35    4.78     218.59    5.30      (10.46) (25.14)
11 Others                          3,108.86   14.74     621.62    14.72   2,842.00   13.90     591.08   14.32        9.39    5.17
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Source:  Foreign Trader Statistics Section
         Industry and Trade Statistics Department
         National Statistics Office
         Republic of the Philippines


Notes:   *  Based on May 2008 ranking.
         1/ Includes Alaska and Hawaii.
         2/ Includes Okinawa.
         3/ Includes Sabah and Sarawak.
         p  Preliminary


         Components may not add up to totals due to rounding.

Page last updated:  July 10, 2008