Exports: $25 billion (f.o.b., 1998 est.)
Exports—commodities: electronics and telecommunications 51%,
machinery and transport 10%, garments 9%, other 30%
Exports—partners: US 34%, Japan 17%, EU 17%, ASEAN 14%, Hong Kong
4%, Taiwan 4% (1997 est.)
Imports: $29 billion (f.o.b., 1998 est.)
Imports—commodities: raw materials and intermediate goods 43%,
capital goods 36%, consumer goods 9%, fuels 9%
Imports—partners: Japan 21%, US 20%, ASEAN 12%, EU 10%, Taiwan
5%, Hong Kong 4%, Saudi Arabia 4% (1997 est.)
Debt—external: $46.4 billion (September 1998)
Economic aid—recipient: ODA, $1.1 billion (1998)
Currency: 1 Philippine peso (P) = 100 centavos
Exchange rates: Philippine pesos (P) per US$1—38.404 (January 1999), 40.893 (1998), 29.471 (1997), 26.216 (1996), 25.714 (1995), 26.417 (1994)