Table 5  Balance of Trade by Major Trading Partners: December 2010
         (F.O.B. Value in Million U.S. Dollars)

===========================================================================
                                                                   Balance
    Country                      Total Trade   Imports   Exports        of
                                                                     Trade
---------------------------------------------------------------------------

                  Total             9,131.41  4,930.14  4,201.28   (728.86)

 1 Japan  1/                        1,269.52    597.37    672.15     74.79
 2 United States Of America  2/     1,108.76    544.39    564.38     19.99
 3 China, People's Republic of      1,078.13    483.03    595.11    112.08
 4 Singapore                          858.12    408.26    449.86     41.60
 5 Korea, Republic of                 602.78    417.22    185.57   (231.65)
 6 Taiwan                             536.05    359.50    176.56   (182.94)
 7 Hong Kong                          508.12    107.14    400.98    293.84
 8 Thailand                           436.93    285.75    151.17   (134.58)
 9 Saudi Arabia                       364.18    360.05      4.13   (355.91)
10 Malaysia  3/                       339.25    238.75    100.50   (138.26)
11 Germany                            242.01     91.51    150.50     59.00
12 Indonesia                          213.55    178.62     34.92   (143.70)
13 France                             171.89    131.38     40.51    (90.87)
14 Netherlands                        156.41     23.85    132.56    108.71
---------------------------------------------------------------------------

 Source: Foreign Trade Statistics Section
         Industry and Trade Statistics Department
         National Statistics Office
         Republic of the Philippines

Notes:   1 Includes Okinawa
         2 Includes Alaska and Hawaii
         3 Includes Sabah and Sarawak
         Components may not add up to total due to rounding

Page last updated:  February 25, 2011
Related press release | Foreign trade statistics index