Table 5  Balance of Trade by Major Trading Partners: August 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                              9,434.65  5,041.69  4,392.96    (648.73)
 
 1 Japan  1/                        1,283.97    576.10    707.87     131.76
 2 United States Of America  2/     1,233.83    580.52    653.31      72.79
 3 China, People's Republic of        832.02    328.78    503.24     174.45
 4 Singapore                          722.16    457.55    264.61    (192.94)
 5 Hong Kong                          643.83    171.06    472.77     301.70
 6 Taiwan                             529.46    343.51    185.95    (157.56)
 7 Korea, Republic of                 503.82    305.91    197.92    (107.99)
 8 Thailand                           454.70    297.18    157.52    (139.66)
 9 Malaysia  3/                       436.57    238.39    198.18     (40.21)
10 Netherlands                        348.22     27.51    320.71     293.20
11 Vietnam                            291.55    262.76     28.80    (233.96)
12 Saudi Arabia                       284.51    276.10      8.41    (267.68)
13 Indonesia                          266.33    216.16     50.18    (165.98)
14 Germany                            213.20     95.89    117.31      21.42

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

Notes:   1 Includes Okinawa
         2 Includes Alaska and Hawaii
         3 Includes Sabah and Sarawak
         Components may not add up to total due to rounding

Page last updated:  October 24, 2008
Related press release | Foreign trade statistics index