Table 5  Balance of Trade by Major Trading Partners: August 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             8,855.14  5,057.24  3,797.90  (1,259.34)

 1 Japan  1/                        1,190.01    503.30    686.71     183.41
 2 United States Of America  2/     1,093.45    594.15    499.30     (94.85)
 3 Singapore                        1,029.72    467.73    561.99      94.26
 4 China, People's Republic of        923.21    546.65    376.55    (170.10)
 5 Taiwan                             633.88    513.52    120.36    (393.17)
 6 Korea, Republic of                 521.83    275.69    246.13     (29.56)
 7 Thailand                           499.67    281.13    218.54     (62.59)
 8 Hong Kong                          422.79    115.82    306.97     191.15
 9 Indonesia                          270.89    247.65     23.24    (224.41)
10 Germany                            259.48    145.81    113.67     (32.14)
11 Malaysia  3/                       251.12    190.30     60.83    (129.47)
12 Saudi Arabia                       235.73    218.74     16.99    (201.75)
13 United Arab Emirates               204.53    185.35     19.18    (166.18)
14 Netherlands                        145.52     26.49    119.03      92.53

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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:  October 25, 2012
 
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