Table 5  Balance of Trade by Major Trading Partners: September 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               9,302.30  4,863.65  4,438.65   (425.00)

 1 United States Of America  1/     1,420.88    613.94    806.95    193.01
 2 Japan  2/                        1,204.58    563.93    640.65     76.72
 3 China, People's Republic of        869.27    378.27    491.00    112.73
 4 Singapore                          748.22    489.23    259.00   (230.23)
 5 Hong Kong                          627.14    188.90    438.25    249.35
 6 Saudi Arabia                       556.12    550.72      5.40   (545.32)
 7 Korea, Republic of                 530.75    277.05    253.70    (23.35)
 8 Taiwan                             492.63    303.83    188.79   (115.04)
 9 Netherlands                        375.66     33.52    342.15    308.63
10 Thailand                           361.53    219.96    141.57    (78.39)
11 Malaysia  3/                       342.44    166.41    176.03      9.62
12 Germany                            282.53    106.25    176.28     70.03
13 Vietnam                            248.09    211.92     36.17   (175.75)
14 Indonesia                          181.05    124.53     56.52    (68.01)

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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:  November 26, 2008
Related press release | Foreign trade statistics index