Table 5  Balance of Trade by Major Trading Partners: May 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            8,996.47  4,888.29  4,108.18   (780.11)

 1 United States Of America  1/     1,359.57    658.77    700.80     42.03
 2 Japan  2/                        1,100.09    475.83    624.26    148.44
 3 China, People's Republic of      1,009.47    518.98    490.49    (28.50)
 4 Singapore                          813.46    437.03    376.43    (60.60)
 5 Korea, Republic of                 558.52    355.80    202.72   (153.08)
 6 Taiwan                             546.83    346.45    200.37   (146.08)
 7 Thailand                           522.49    345.74    176.74   (169.00)
 8 Hong Kong                          425.96    107.31    318.65    211.34
 9 Malaysia  3/                       312.01    225.24     86.77   (138.47)
10 Germany                            294.24    146.55    147.69      1.14
11 Saudi Arabia                       276.25    268.91      7.34   (261.58)
12 Indonesia                          209.09    179.16     29.94   (149.22)
13 Netherlands                        153.37     28.83    124.54     95.72
14 Vietnam                            151.68    109.21     42.48    (66.73)


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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 26, 2011
 
Related press release | Foreign trade statistics index