Table 5  Balance of Trade by Major Trading Partners: April 2012
         (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             9,405.05  4,769.88  4,635.17   (134.71)

 1 Japan  1/                        1,278.64    539.85    738.79    198.94
 2 United States Of America  2/     1,245.31    567.84    677.47    109.63
 3 Korea, Republic of               1,050.42    391.99    658.43    266.44
 4 China, People's Republic of        968.78    471.08    497.70     26.61
 5 Singapore                          793.36    420.06    373.30    (46.76)
 6 Taiwan                             557.66    400.23    157.43   (242.79)
 7 Hong Kong                          536.89    131.35    405.54    274.18
 8 Thailand                           375.15    230.19    144.96    (85.23)
 9 Indonesia                          359.66    233.76    125.89   (107.87)
10 Saudi Arabia                       279.14    274.53      4.61   (269.92)
11 Germany                            257.16    116.87    140.29     23.42
12 Malaysia  3/                       248.34    170.58     77.76    (92.82)
13 Netherlands                        139.71     25.63    114.09     88.46
14 United Arab Emirates               135.81    121.23     14.58   (106.65)

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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:  June 26, 2012
 
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