Table 5  Balance of Trade by Major Trading Partners: April 2008
         (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              9,180.22  4,855.50  4,324.72    (530.78)

 1 United States Of America  1/     1,259.28    568.01    691.28     123.27
 2 Japan  2/                        1,216.81    552.44    664.37     111.94
 3 Singapore                          908.39    702.99    205.39    (497.60)
 4 China, People's Republic of        870.73    350.08    520.64     170.56
 5 Korea, Republic of                 587.70    222.08    365.62     143.55
 6 Hong Kong                          561.20    172.92    388.28     215.37
 7 Taiwan                             435.28    297.61    137.68    (159.93)
 8 Saudi Arabia                       432.70    424.24      8.46    (415.77)
 9 Netherlands                        363.14     39.98    323.16     283.18
10 Malaysia  3/                       344.63    173.25    171.38      (1.87)
11 Thailand                           307.27    199.24    108.04     (91.20)
12 Germany                            287.77     89.99    197.78     107.78
13 France                             188.21    160.78     27.43    (133.35)
14 Vietnam                            187.19    146.80     40.39    (106.42)

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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:  June 25, 2008
Related press release | Foreign trade statistics index