Table 5  Balance of Trade by Major Trading Partners: March 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            9,876.40  5,523.06  4,353.34 (1,169.72)

 1 Japan  1/                        1,337.54    576.83    760.70    183.87
 2 United States Of America  2/     1,245.22    636.48    608.75    (27.73)
 3 China, People's Republic of      1,004.00    503.66    500.34     (3.33)
 4 Singapore                          936.56    524.31    412.26   (112.05)
 5 Taiwan                             659.64    481.36    178.29   (303.07)
 6 Hong Kong                          624.68    191.97    432.71    240.73
 7 Korea, Republic of                 592.34    360.40    231.93   (128.47)
 8 Thailand                           521.47    355.47    166.00   (189.46)
 9 Malaysia  3/                       439.08    322.46    116.62   (205.85)
10 Germany                            294.38    123.87    170.51     46.64
11 Indonesia                          268.64    210.38     58.26   (152.12)
12 Saudi Arabia                       229.75    225.89      3.86   (222.04)
13 Netherlands                        195.62     30.92    164.70    133.78
14 Russian Federation                 166.77    163.93      2.84   (161.09)

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 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:  May 25, 2011
Related press release | Foreign trade statistics index