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Special Release: Foreign Trade Statistics of the Philippines: 2006

Special Release No. 284
Date Released: September 7, 2007

FOREIGN TRADE STATISTICS OF THE
PHILIPPINES
2006

Total Trade by Month and Year:
2004-2006
Value of Top 10* Philippine
Exports from All Countries: 2005 and 2006
Value of Top 10* Philippine Imports from All Countries: 2005 and 2006
Philippine Major Trading Partners of the Philippines: 2006
Philippine Exports to Major Trading
Partners: 2006

2006 TOTAL TRADE STANDS AT $99.184 BILLION
Total external trade in goods for 2006 reached $99.184 billion, representing an 11.9 percent increase from $88.673 billion in 2005. Total export receipts grew by 14.9 percent to $47.410 billion from $41.255 billion in 2005. Similarly, total imports rose by 9.2 percent to aggregate dollar expenditure of $51.774 billion from $47.418 billion in 2005. The balance of trade in goods (BOT-G) for the Philippines registered a $4.364 billion deficit in 2006, narrower than the previous year’s deficit of $6.163 billion.
Figure 1 Philippine Trade Performance: 2005 and 2006

Philippine Imports from Major
Trading Partners: 2006
Philippine Trade with EU and
ASEAN: 2006
Major Philippine Exports to EU and
ASEAN: 2006
Major Philippine Imports to EU and
ASEAN: 2006
Philippine Trade with APEC: 2006
Major Philippine Exports to APEC:
2006
Major Philippine Imports from APEC:
2006

2006 TOP 10 EXPORTS ACCOUNT 80.9 PERCENT OF EXPORT RECEIPTS
Foreign Trade Time Series Data
Other Foreign Trade Statistics

Accounting for 80.9 percent of the aggregate export revenue in 2006, receipts from the top ten exports totaled to $38.367 billion, posting a 13.8 percent growth from $33.721 billion in 2005. (see
Table 2)

Technical Notes on the Foreign Electronic Products continued to be the top earner with a 62.6 percent of the total exports or

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