Table 5  Balance of Trade by Major Trading Partners: May 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              6,704.45  3,616.59  3,087.86   (528.72)

 1  United States Of America  1/      934.82    439.69    495.13     55.44
 2  Japan  2/                         899.73    393.28    506.44    113.16
 3  China, People's Republic of       639.95    337.23    302.73    (34.50)
 4  Singapore                         527.22    312.21    215.01    (97.20)
 5  Korea, Republic of                405.76    228.26    177.50    (50.76)
 6  Hong Kong                         392.76    130.98    261.78    130.80
 7  Taiwan                            390.95    272.96    117.99   (154.97)
 8  Netherlands                       312.82     25.94    286.88    260.95
 9  Thailand                          271.85    185.38     86.47    (98.91)
10  Vietnam                           252.29    225.04     27.25   (197.79)
11  Germany                           231.21     74.63    156.59     81.96
12  Malaysia  3/                      223.46    110.44    113.02      2.58
13  Indonesia                         147.03    114.50     32.54    (81.96)
14  Australia                         121.58     76.44     45.15    (31.29)

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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:  July 23, 2009
Related press release | Foreign trade statistics index