Commodity Flow in the Philippines : 1999

Reference Number: 


Release Date: 

Tuesday, October 31, 2000

Domestic trade at P289.58 billion

The value of domestic trade for the year 1999 dwindles to P289.58 billion representing 4.3 percent decrease from P302.50 billion recorded last year. While quantity also registered a decline of 2.6 percent from 22.14 million tons to 21.56 million tons. (See Figure 1.)

Among the major commodities that flowed through the various parts of the country, food and live animals accounted for more than one-third (P104.17 billion or 36.0 percent) of the total value; followed by mineral fuels, lubricants and related materials with P53.22 billion (18.4 percent). While animal and vegetable oils, fats and waxes registered the least value of P2.70 billion (0.9 percent) only. (See Figure 1a.)

Figure 1. Quantity and Value of Domestic Trade: 1998 and 1999
Figure 1

Figure 1a. Percentage Distribution of Value of Domestic Trade by Commodity: 1999
Figure 1

Air transport has negative growth

Due to economic crisis encountered in 1999, air transport suffered a lot. Almost 41.4 percent decrease from the previous year?s level. During this year, PAL employees? strike resulted to closure of some airports in the country. Much affected were the Ilocos and Mindanao regions.(See Figure 2.)

Figure 2. Value of Air Trade by Region: 1998-1999
Figure 2

National Capital Region leads as expected

Regional distribution shows that NCR accounted for the largest shares to domestic trade value, 26.3 percent or P76.25 billion. Central Luzon and Central Visayas came next with P46.20 billion (16.0 percent) and P30.97 billion (10.7 percent), respectively.(See Figure 3.)

Figure 3. Value of Domestic Trade by Region: 1999
Figure 3

Central Visayas, the best recipient

As expected, almost 51.7 percent of goods from NCR were received by the three Visayan regions. Central Visayas utilized P20.86 billion of the total value (27.4 percent). While Mindanao regions absorbed almost 43.8 percent. (See Figure 4.)

Beverages and tobacco were almost shipped out from NCR to other regions representing 67.2 percent of the total.

Figure 4. Percentage Distribution of Value of Domestic Trade from NCR to Luzon, Visayas and Mindanao: 1999
Figure 4

Domestic trade balances favor Central Luzon

Central Luzon recorded an increase of 17.4 percent, which posted a favorable balance of trade of P45.29 billion. Likewise, Southern and Central Mindanao posted P8.11 billion and P6.67 billion, respectively. (See Figure 5.)

Inflow for NCR amounted to P93.43 billion resulting to an unfavorable balance of trade of P17.18 billion for the year. Also, Central Visayas and Eastern Visayas with P18.98 billion and P11.28 billion, respectively. (See Table 4.)

Figure 5. Domestic Trade Balances by Region: 1999
Figure 5

Source:   National Statistics Office 
                Manila, Philippines