Top 10 Philippine exports market, 2010

Here are the top 10 buyers of Philippine exports in 2010 (us$ billion, percentage share):

TOTAL EXPORTS, 51,497.51    100.0

1. Japan   7,841.29      15.2

2. USA   7,559.11      14.7

3. Singapore   7,318.94      14.2

4. China   5,724.47      11.1

5. Hong Kong   4,335.69        8.4

6. Germany   2,657.26        5.2

7. Netherlands   2,429.53        4.7

8. S. Korea   2,243.11        4.4

9. Thailand   1,782.64        3.5

10. Taiwan   1,751.96        3.4

* Malaysia   1,396.50        2.7

Others   6,457.01      12.5

source: NSO,  http://www.census.gov.ph/data/sectordata/2010/sr1159904.htm

Somehow there is market diversification for the Philippines, which is a good thing. The top 4 exports market bought 55.2 percent of total RP exports last year. Until about 10 years ago or more, the top 4 exports market would garner about 65 percent or nearly 2/3, of total RP exports.

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