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

=================================================================================================================================
                                                 2008                  |                2007                 | Annual Growth Rate
Country                                     Percent|            Percent|           Percent|           Percent|     (Percent)
                                  Jan-Jul p   Share|     July p   Share|   Jan-Jul   Share|      July   Share| Cumulative Current
---------------------------------------------------------------------------------------------------------------------------------

                  Total           30,027.95  100.00   4,429.99   100.00   28,848.65  100.00  4,248.79  100.00        4.09    4.26

         Top 10 Countries Total   25,496.63   84.91   3,737.68    84.37   24,794.71   85.95  3,632.67   85.50        2.83    2.89

 1  United States Of America  1/   4,866.36   16.21     707.44    15.97    4,789.74   16.60    768.05   18.08        1.60   (7.89)
 2  Japan  2/                      4,677.14   15.58     695.79    15.71    4,170.36   14.46    636.77   14.99       12.15    9.27
 3  China, People's Republic of    3,475.26   11.57     500.44    11.30    3,283.03   11.38    515.97   12.14        5.86   (3.01)
 4  Hong Kong                      2,971.84    9.90     429.34     9.69    3,300.33   11.44    372.47    8.77       (9.95)  15.27
 5  Netherlands                    2,268.45    7.55     343.05     7.74    2,451.71    8.50    339.09    7.98       (7.48)   1.17
 6  Singapore                      1,675.72    5.58     296.96     6.70    1,762.03    6.11    253.63    5.97       (4.90)  17.08
 7  Germany                        1,607.80    5.35     241.16     5.44    1,267.32    4.39    215.32    5.07       26.87   12.00
 8  Korea, Republic of             1,636.34    5.45     195.57     4.41    1,011.74    3.51    117.34    2.76       61.74   66.67
 9  Malaysia  3/                   1,225.54    4.08     170.74     3.85    1,430.04    4.96    229.62    5.40      (14.30) (25.64)
10  Taiwan                         1,092.17    3.64     157.18     3.55    1,328.41    4.60    184.41    4.34      (17.78) (14.77)
11  Others                         4,531.32   15.09     692.31    15.63    4,053.94   14.05    616.12   14.50       11.78   12.37

---------------------------------------------------------------------------------------------------------------------------------

Source:  Foreign Trader Statistics Section
         Industry and Trade Statistics Department
         National Statistics Office
         Republic of the Philippines


Notes:   *  Based on July 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:  September 10, 2008