BALANCE OF FOREIGN TRADE
	1971 to 2001
	(F.O.B. value in million U.S. dollars)
		Total Trade		Exports				Imports			Balance of Trade
	Period			Value	Percent to Total Trade	Average Exchange Rate (P/U.S.$)		Value	Percent to Total Trade	Average Exchange Rate (P/U.S.$)
	1971	2,450.08		1,189.25	48.54	6.399		1,260.83	51.46	6.481	-71.58
	1972	2,502.03		1,168.43	46.70	6.580		1,333.60	53.30	6.721	-165.17
	1973	3,433.81		1,837.19	53.50	6.721		1,596.62	46.50	6.806	240.57
	1974	5,868.25		2,724.99	46.44	6.754		3,143.26	53.56	6.838	-418.27
	1975	5,753.65		2,294.47	39.88	7.212		3,459.18	60.12	7.303	-1,164.71
	1976	6,207.16		2,573.68	41.46	7.403		3,633.48	58.54	7.496	-1,059.80
	1977	7,065.65		3,150.89	44.59	7.366		3,914.76	55.41	7.458	-763.87
	1978	8,157.07		3,424.87	41.99	7.329		4,732.20	58.01	7.421	-1,307.33
	1979	10,742.92		4,601.19	42.83	7.341		6,141.73	57.17	7.433	-1,540.54
	1980	13,514.70		5,787.79	42.83	7.474		7,726.91	57.17	7.568	-1,939.12
	1981	13,666.08		5,720.40	41.86	7.860		7,945.68	58.14	7.959	-2,225.28
	1982	12,687.51		5,020.59	39.57	8.497		7,666.92	60.43	8.604	-2,646.33
	1983	12,491.92		5,005.29	40.07	11.072		7,486.63	59.93	11.193	-2,481.34
	1984	11,460.26		5,390.65	47.04	16.582		6,069.61	52.96	16.848	-678.96
	1985	9,739.62		4,628.95	47.53	18.586		5,110.67	52.47	18.859	-481.72
	1986	9,885.38		4,841.78	48.98	20.356		5,043.60	51.02	20.403	-201.82
	1987	12,457.21		5,720.24	45.92	20.556		6,736.97	54.08	20.564	-1,016.73
	1988	15,233.57		7,074.19	46.44	21.065		8,159.38	53.56	21.065	-1,085.19
	1989	18,239.53		7,820.71	42.88	21.703		10,418.82	57.12	21.738	-2,598.11
	1990	20,392.19		8,186.03	40.14	24.200		12,206.16	59.86	24.375	-4,020.13
	1991	20,890.88		8,839.51	42.31	27.516		12,051.36	57.69	28.003	-3,211.85
	1992	24,343.24		9,824.31	40.36	25.310		14,518.93	59.64	25.901	-4,694.62
	1993	28,972.21		11,374.81	39.26	26.732		17,597.40	60.74	27.250	-6,222.59
	1994	34,815.46		13,482.90	38.73	26.271		21,332.57	61.27	26.625	-7,849.67
	1995	43,984.81		17,447.19	39.67	25.605		26,537.63	60.33	25.791	-9,090.44
	1996	52,969.48		20,542.55	38.78	26.220		32,426.93	61.22	26.271	-11,884.38
	1997	61,161.52		25,227.70	41.25	29.205		35,933.82	58.75	29.647	-10,706.12
	1998	59,156.24		29,496.35	49.86	40.276		29,659.89	50.14	40.922	-163.54
	1999	65,779.35		35,036.89	53.26	38.781		30,742.46	46.74	39.369	4,294.43
	2000	69,465.65		38,078.25	54.82	43.710		31,387.40	45.18	44.480	6,690.85
	2001	61,701.01		32,150.20	52.11	50.724		29,550.81	47.89	51.618	2,599.39
	Sources:  National Statistics Office and the Bangko Sentral ng Pilipinas