Not so fast Big E.The status of Mexico's Navy... if I recall correctly they have the oldest surface fleet of any nation on earth. It can't be doing to well.
The largest non-transport combat ship in the Philippine Navy is the ex-USS Atherton, Cannon class, destroyer escort -- launched in 1943. It had the distinction of sinking a U-boat in WWII. She was transferred to the PN in 1976, and is still in service.
A naval museum has reportedly been "courting" the Philippine Navy to allow them to purchase the ship.
http://www.hueybravo.net/NavyPages/PF11.htm
With the exception of Peacock class OPVs that we got from the British in '97, the bulk of our patrol craft that are above 600 tons in displacement are also 40's vintage PCEs. The same goes for our LSTs