Table 5  Balance of Trade by Major Trading Partners: June 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             9,818.14  5,304.73  4,513.41    (791.32)

 1  United States Of America  1/    1,305.44    602.75    702.69      99.93
 2  Japan  2/                       1,278.91    617.67    661.24      43.57
 3  China, People's Republic of       903.90    412.49    491.41      78.93
 4  Singapore                         745.53    499.25    246.28    (252.97)
 5  Hong Kong                         623.27    187.01    436.25     249.24
 6  Korea, Republic of                512.67    279.21    233.46     (45.75)
 7  Taiwan                            486.79    316.40    170.39    (146.01)
 8  United Arab Emirates              436.65    413.86     22.79    (391.07)
 9  Thailand                          431.15    300.76    130.39    (170.38)
10  Germany                           395.93     94.95    300.98     206.03
11  Malaysia  3/                      390.02    211.21    178.81     (32.40)
12  Netherlands                       389.53     27.83    361.70     333.87
13  Saudi Arabia                      383.97    376.06      7.91    (368.14)
14  Vietnam                           280.13    248.81     31.32    (217.49)
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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:  August 26, 2008
Related press release | Foreign trade statistics index