Highlights of the 2022 Domestic Trade Statistics in the Philippines:
Final Results

A. Quantity

1. Quantity of domestic trade declined

The total quantity of domestic trade in 2022 was registered at 18.63 million tons. This represents an annual decrease of -20.1 percent from the 23.31 million tons recorded quantity of domestic trade in 2021. Almost all (99.94%) of the commodities were traded through water (coastwise), while the rest were traded through air. (Figure 1 and Table A)

2. Food and Live Animals topped in terms of quantity of domestic trade

By commodity section, food and live animals led in terms of quantity of domestic trade in 2022 with 4.16 million tons or a share of 22.3 percent to the total domestic trade. This was followed by mineral fuels, lubricants and related materials with 3.60 million tons (19.3%) and manufactured goods classified chiefly by material with 3.14 million tons (16.9%). (Figure 2 and Table 1)

3. Central Visayas led in terms of quantity of traded commodities

By region, Central Visayas (Region VII) registered the highest quantity of traded commodities with 3.93 million tons or 21.1 percent share to the total domestic trade in 2022. This was followed by Central Luzon (Region III) with a quantity of 3.69 million tons (19.8%) and National Capital Region (NCR) with 3.30 million tons (17.7%). (Figure 3 and Table 2)

B. Value

1. Value of domestic trade increased

Domestic trade value refers to the outflow value of commodities transported from the region/province of origin to another region/province of destination.

The total value of domestic trade in 2022 amounted to PhP 845.50 billion. This indicates an increase of 13.3 percent from the PhP 746.36 billion value of domestic trade in 2021.

By mode of transport, almost all (99.98%) of the commodities that flowed within the country in 2022 were traded through water (coastwise), while the remaining were traded through air. (Figure 4 and Table 1)

2. Machinery and transport equipment registered the highest value of traded commodities

Machinery and transport equipment topped in terms of value of traded commodities with PhP 265.06 billion or 31.3 percent share to the total domestic trade value in 2022. This was followed by food and live animals valued at PhP 188.97 billion (22.4%) and manufactured goods classified chiefly by material, which amounted to PhP 149.23 billion value of traded commodities (17.7%). (Figure 5 and Table 1)

3. NCR recorded the highest value of traded commodities

Among the regions, NCR topped with PhP 215.96 billion value of traded commodities or 25.5 percent of the total value of traded commodities in 2022. Central Visayas (Region VII) came next with traded commodities amounting to PhP 156.35 billion (18.5%), followed by Western Visayas (Region VI) with PhP 136.46 billion (16.1%). (Figure 6 and Table 2)

4. Central Visayas led in terms of inflow value 

Inflow refers to the value of commodities that enter a specified region/province from other regions/provinces.

By region, Central Visayas (Region VII) posted the highest inflow value of domestic trade at PhP 193.16 billion or 22.8 percent share to the total inflow of domestic trade in 2022. This was followed by Caraga (Region XIII) with an inflow value of PhP 137.80 billion (16.3%) and Western Visayas (Region VI) with PhP 135.63 billion (16.0%). On the other hand, Cagayan Valley (Region II) recorded the lowest inflow value, which amounted to PhP 0.01 billion in 2022. (Figure 7 and Table 3)

5. NCR registered the highest trade balance

Trade balance is the difference between the outflow value and inflow value. A positive value indicates a favorable trade balance, while a negative value indicates an unfavorable trade balance.

The top three regions with favorable (positive) domestic trade balances in 2022 were the following:

   a. National Capital Region (NCR), PhP 150.97 billion;
   b. Eastern Visayas (Region VIII), PhP 53.92 billion; and
   c. Central Luzon (Region III), PhP 31.93 billion.

On the other hand, top three regions with unfavorable (negative) domestic trade balances in 2022 were the following:

   a. Caraga (Region XIII), PhP -119.95 billion;
   b. CALABARZON (Region IV-A), PhP -40.86 billion; and
   c. Central Visayas (Region VII), PhP -36.81 billion.  (Figure 8 and Table 3)