Table 5  Balance of Trade by Major Trading Partners: May 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            10,317.67  5,386.08  4,931.60   (454.48)

 1 Japan  1/                        1,617.56    484.39  1,133.17    648.78
 2 United States Of America  2/     1,366.37    652.26    714.11     61.84
 3 China, People's Republic of      1,157.72    597.07    560.64    (36.43)
 4 Thailand                           900.15    331.23    568.92    237.69
 5 Singapore                          765.18    426.78    338.39    (88.39)
 6 Korea, Republic of                 708.25    565.96    142.29   (423.67)
 7 Taiwan                             616.88    476.61    140.27   (336.34)
 8 Hong Kong                          472.76    125.59    347.17    221.59
 9 Malaysia  3/                       403.08    315.65     87.43   (228.21)
10 Germany                            300.04    150.65    149.39     (1.25)
11 Indonesia                          263.57    194.87     68.70   (126.17)
12 Saudi Arabia                       249.99    246.29      3.70   (242.60)
13 Netherlands                        158.62     26.53    132.09    105.57
14 United Arab Emirates               144.72    120.98     23.73    (97.25)

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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:  July 25, 2012
 
Related press release | Foreign trade statistics index