Table 5  Balance of Trade by Major Trading Partners: January 2011
         (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            9,313.14  5,312.70  4,000.44  (1,312.26)

 1  United States Of America  1/    1,185.96    583.77    602.19      18.42
 2  Japan  2/                       1,126.03    560.24    565.80       5.56
 3  Singapore                       1,068.80    495.19    573.61      78.43
 4  China, People's Republic of       939.30    471.12    468.18      (2.95)
 5  Korea, Republic of                745.65    576.01    169.64    (406.37)
 6  Taiwan                            602.80    434.37    168.44    (265.93)
 7  Hong Kong                         422.83    127.18    295.65     168.47
 8  Thailand                          418.24    271.01    147.23    (123.78)
 9  Malaysia  3/                      306.73    213.63     93.09    (120.54)
10  Germany                           278.31    103.59    174.71      71.12
11  Indonesia                         246.99    214.19     32.79    (181.40)
12  United Arab Emirates              209.59    195.36     14.23    (181.13)
13  Saudi Arabia                      196.76    192.11      4.65    (187.46)
14  Netherlands                       188.36     23.15    165.21     142.06

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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, 2011
Related press release | Foreign trade statistics index