Table 5  Balance of Trade by Major Trading Partners: February 2011
         (F.O.B. Value in Million U.S. Dollars)

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

                  Total             8,553.07  4,688.19  3,864.88   (823.31)

 1 Japan  1/                        1,189.58    523.87    665.70    141.83
 2 United States Of America  2/     1,118.20    501.32    616.89    115.57
 3 Singapore                          836.97    461.27    375.71    (85.56)
 4 China, People's Republic of        800.97    366.98    433.98     67.00
 5 Korea, Republic of                 590.13    440.19    149.94   (290.25)
 6 Thailand                           477.89    290.50    187.39   (103.10)
 7 Taiwan                             443.26    286.01    157.25   (128.76)
 8 Hong Kong                          365.10     83.04    282.06    199.02
 9 Malaysia  3/                       288.18    199.62     88.56   (111.07)
10 Indonesia                          267.73    193.89     73.84   (120.06)
11 Germany                            253.30    103.66    149.64     45.98
12 United Arab Emirates               218.10    202.60     15.51   (187.09)
13 Saudi Arabia                       198.91    195.17      3.73   (191.44)
14 Netherlands                        168.16     23.57    144.58    121.01

---------------------------------------------------------------------------

 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:  April 27, 2011
Related press release | Foreign trade statistics index