Table 4  Philippine Imports Performance by Country:  May 2008 and 2007
         (F.O.B. Value in Million U.S. Dollars)

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                                                   2 0 0 8               |               2 0 0 7              |  Annual Growth
Country of Origin                             Percent |          Percent |         Percent  |          Percent|    Rate (%)
                                           May   Share|   Jan-May   Share|       May   Share|   Jan-May  Share| Current Cumulative
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                  Total               4,782.99  100.00  24,245.49  100.00   4,296.14  100.00  20,799.75  100.00   11.33      16.57

         Top 10 Countries Total       3,575.11   74.75  17,874.96   73.72   3,009.44   70.05  14,971.44   71.98   18.80      19.39

 1 United States Of America  1/         547.21   11.44   3,209.71   13.24     584.67   13.61   3,136.09   15.08   (6.41)      2.35
 2 Japan  2/                            519.30   10.86   2,761.02   11.39     450.35   10.48   2,574.61   12.38   15.31       7.24
 3 Saudi Arabia                         496.99   10.39   2,196.87    9.06     284.90    6.63   1,161.21    5.58   74.44      89.19
 4 Singapore                            481.48   10.07   2,870.81   11.84     472.82   11.01   2,368.78   11.39    1.83      21.19
 5 China, People's Republic of          345.83    7.23   1,728.87    7.13     319.42    7.44   1,521.15    7.31    8.27      13.66
 6 Taiwan                               293.14    6.13   1,777.90    7.33     296.29    6.90   1,407.55    6.77   (1.06)     26.31
 7 Thailand                             274.74    5.74   1,060.41    4.37     177.45    4.13     829.76    3.99   54.82      27.80
 8 Korea, Republic of                   235.83    4.93   1,244.83    5.13     201.57    4.69   1,202.64    5.78   16.99       3.51
 9 United Arab Emirates                 192.66    4.03     473.62    1.95     150.80    3.51     506.17    2.43   27.76      (6.43)
10 Vietnam                              187.95    3.93     550.92    2.27      71.15    1.66     263.48    1.27  164.17     109.09
11 Others                             1,207.88   25.25   6,370.52   26.28   1,286.70   29.95   5,828.31   28.02   (6.13)      9.30

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 Source:  Foreign Trade 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
          Components may not add up to total due to rounding.

 Page last updated:  July 25, 2008