Table 5  Balance of Trade by Major Trading Partners: October 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             8,548.15  4,577.12  3,971.04   (606.08)

 1  United States Of America  1/    1,295.18    600.21    694.97     94.76
 2  Japan  2/                       1,219.21    604.37    614.85     10.48
 3  China, People's Republic of       834.98    373.11    461.88     88.77
 4  Singapore                         558.62    410.88    147.73   (263.15)
 5  Hong Kong                         554.47    172.76    381.71    208.95
 6  Taiwan                            429.47    263.23    166.24    (96.99)
 7  Saudi Arabia                      424.59    419.43      5.16   (414.27)
 8  Korea, Republic of                418.18    238.42    179.76    (58.67)
 9  Netherlands                       404.36     35.90    368.46    332.55
10  Malaysia  3/                      372.27    209.62    162.64    (46.98)
11  Thailand                          369.74    240.83    128.91   (111.92)
12  Germany                           278.07     83.99    194.07    110.08
13  Indonesia                         177.35    130.62     46.74    (83.88)
14  France                            118.21     99.46     18.74    (80.72)

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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:  December 24, 2008
Related press release | Foreign trade statistics index