Table 3  Philippine Exports Performance by Country
         December 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-Dec p   Share| December p   Share|   Jan-Dec   Share|  December   Share| Cumulative Current
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                TOTAL             49,023.17  100.00   2,672.35   100.00  50,465.72  100.00   4,481.90  100.00      (2.86)  (40.37)

        Top 10 Countries Total    40,975.06   83.58   2,230.94    83.48  42,049.15   83.32   3,723.45   83.08      (2.55)  (40.08)

 1 United States Of America  1/    8,204.73   16.74     574.43    21.50   8,593.85   17.03     725.44   16.19      (4.53)  (20.82)
 2 Japan  2/                       7,682.97   15.67     457.69    17.13   7,304.15   14.47     639.76   14.27       5.19   (28.46)
 3 Hong Kong                       4,984.96   10.17     249.13     9.32   5,803.52   11.50     488.27   10.89     (14.10)  (48.98)
 4 China, People's Republic of     5,466.88   11.15     216.76     8.11   5,749.86   11.39     515.40   11.50      (4.92)  (57.94)
 5 Netherlands                     3,708.55    7.56     166.62     6.24   4,149.52    8.22     382.80    8.54     (10.63)  (56.47)
 6 Germany                         2,440.03    4.98     162.94     6.10   2,149.35    4.26     188.20    4.20      13.52   (13.43)
 7 Singapore                       2,598.39    5.30     117.20     4.39   3,138.69    6.22     379.11    8.46     (17.21)  (69.08)
 8 Korea, Republic of              2,520.75    5.14     111.29     4.16   1,783.73    3.53     171.88    3.83      41.32   (35.25)
 9 Thailand                        1,509.01    3.08      92.65     3.47   1,403.03    2.78     122.19    2.73       7.55   (24.18)
10 Taiwan                          1,858.80    3.79      82.24     3.08   1,973.44    3.91     110.39    2.46      (5.81)  (25.50)
11 Others                          8,048.11   16.42     441.41    16.52   8,416.57   16.68     758.45   16.92      (4.38)  (41.80)

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


Notes:   *  Based on December 2008 ranking.
         1/ Includes Alaska and Hawaii.
         2/ Includes Okinawa.
         p  Preliminary


         Components may not add up to totals due to rounding.

Page last updated:  February 10, 2009