al gas - production:

2.2 billion cu m (2006 est.)

Natural gas - consumption:

2.2 billion cu m (2006 est.)

Natural gas - exports:

0 cu m (2007 est.)

Natural gas - imports:

0 cu m (2007 est.)

Natural gas - proved reserves:

98.54 billion cu m (1 January 2008 est.)

Current account balance:

$6.351 billion (2007 est.)

Exports:

$49.32 billion f.o.b. (2007 est.)

Exports - commodities:

semiconductors and electronic products, transport equipment,
garments, copper products, petroleum products, coconut oil, fruits

Exports - partners:

US 17%, Japan 14.5%, Hong Kong 11.5%, China 11.4%, Netherlands 8.2%,
Singapore 6.2%, Malaysia 5%, Germany 4.3% (2007)

Imports:

$57.56 billion f.o.b. (2007 est.)

Imports - commodities:

electronic products, mineral fuels, machinery and transport
equipment, iron and steel, textile fabrics, grains, chemicals,
plastic

Imports - partners:

US 14.1%, Japan 12.3%, Singapore 11.2%, Taiwan 7.3%, China 7.2%,
Saudi Arabia 6.4%, South Korea 5.9%, Malaysia 4.1%, Thailand 4.1%
(2007)

Economic aid - recipient:

ODA, $451.4 million in commitments (2006)

Reserves of foreign exchange and gold:

$33.75 billion (31 December 2007 est.)

Debt - external:

$61.78 billion (31 December 2007 est.)

Stock of direct foreign investment - at home:

$19.88 billion (2007 est.)

Stock of direct foreign investment - abroad:

$5.584 billion (2007 est.)

Market value of publicly traded shares:

$103.4 billion (2007)

Currency (code):

Philippine peso (PHP)

Currency code:

PHP

Exchange rates:

Philippine pesos (PHP) per US dollar - 46.148 (2007), 51.246 (2006),
55.086 (2005), 56.04 (2004), 54.203 (2003)

Communications
Philippines

Telephones - main lines in use:

3.633 million (2006)

Telephones - mobile cellular:

51.795 million (2007)

Telephone system:

general assessment: good international radiotelephone and submarine
cable services; domestic and interisland service adequate
domestic: domestic satellite system with 11 earth stations; cellular
communications now dominate the industry; combined fixed-line and
mobile-cellular telephone density about 60 telephones per 100 persons
international: country code - 63; a series of submarine cables
together provide connectivity to Asia, US, the Middle East, and
Europe; multiple international gateways (2007)

Radio broadcast stations:

AM 381