Table 5  Balance of Trade by Major Trading Partners: May 2010
         (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              8,994.19  4,753.40  4,240.78   (512.62)

 1 United States Of America  1/     1,161.19    473.66    687.53    213.87
 2 Japan  2/                        1,100.65    483.72    616.93    133.21
 3 Singapore                          971.87    529.36    442.51    (86.85)
 4 China, People's Republic of        762.78    373.62    389.17     15.55
 5 Korea, Republic of                 551.20    303.03    248.18    (54.85)
 6 Thailand                           492.46    344.69    147.77   (196.93)
 7 Hong Kong                          488.97    128.34    360.64    232.30
 8 Saudi Arabia                       486.12    481.06      5.06   (476.00)
 9 Taiwan                             406.43    270.91    135.52   (135.39)
10 Germany                            369.34     95.09    274.25    179.16
11 Netherlands                        299.22     24.29    274.93    250.64
12 Malaysia  3/                       286.04    158.23    127.81    (30.42)
13 Indonesia                          273.68    218.61     55.08   (163.53)
14 Vietnam                            218.66    173.56     45.09   (128.47)

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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 27, 2010
Related press release | Foreign trade statistics index