Table 5  Balance of Trade by Major Trading Partners: January 2009
         (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              5,781.28  3,270.10  2,511.19    (758.91)

 1  United States Of America  1/    1,035.74    578.82    456.92    (121.89)
 2  Japan  2/                         742.02    354.99    387.03      32.04
 3  China, People's Republic of       517.88    354.35    163.53    (190.82)
 4  Singapore                         457.87    336.23    121.64    (214.59)
 5  Korea, Republic of                350.60    243.82    106.78    (137.05)
 6  Hong Kong                         333.34    131.97    201.37      69.40
 7  Germany                           324.94     83.79    241.15     157.36
 8  Taiwan                            322.05    202.68    119.37     (83.31)
 9  Netherlands                       257.20     31.38    225.82     194.44
10  Thailand                          242.62    170.00     72.61     (97.39)
11  Malaysia  3/                      168.10    104.30     63.80     (40.51)
12  Indonesia                         138.71    114.44     24.28     (90.16)
13  Australia                         107.87     92.03     15.84     (76.19)
14  France                             93.60     77.55     16.05     (61.51)

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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:  March 25, 2009
Related press release | Foreign trade statistics index