Commodity flow or domestic trade refers to the flow of commodities through the water, air and rail transport systems in the country. Data on the inflow and outflow of commodities in the different regions of the country are used to construct interregional and inter-industry relation tables. These serve as bases in the formulation and implementation of various regional development programs like countryside development and port planning.
The total quantity of domestic trade transactions during the first quarter of 2015 decreased by 2.4 percent, resulting from 5.13 million tons in 2014 to 5.01 million tons. The commodities were traded mostly through water comprising 99.9 percent and 99.8 percent in the first quarter of 2015 and 2014 respectively.
On the other hand, the total value of commodities that flowed within the country decreased by 3.0 percent from PHP169.44 billion in the first quarter of 2014 to PHP164.36 billion in the same period of 2015. Shipment through water was the principal mode of transport in the first quarter of 2015 comprising 99.7 percent.
Machinery and transport equipment dominates total domestic trade value
In the first quarter of 2015, the bulk of the value of commodities that flowed throughout the country came from machinery and transport equipment amounting to PHP49.04 billion (29.8%).This was followed by food and live animals with PHP45.63 billion (27.8%) and manufactured goods classified chiefly by materials with PHP22.07 billion (13.4%). Animal and vegetable oils, fats and waxes had the least value of PHP1.89 billion (1.1%).
Food and live animals contributed the largest value in the first quarter of 2014 amounting to PHP52.56 billion (31.0%). Machinery and transport equipment followed next with PHP29.67 billion (17.5%) while manufactured goods classified chiefly by material recorded PHP25.31 billion (14.9%). Animal and vegetable oils, fats and waxes shared the least value of PHP1.92 billion (1.1%). (See Table 1)
National Capital Region (NCR) leads in the value of domestic trade
NCR reported the highest domestic trade share at PHP38.27 billion (23.3%) in the first quarter of 2015. Eastern Visayas was second with PHP26.50 billion (16.1%) followed by Central Visayas with PHP26.43 billion (16.1%) while Northern Mindanao accounted for PHP19.75 billion (12.0%). Domestic trade for ARMM contributed the least share with only PHP703.31 million.
Eastern Visayas leads the highest favorable trade balance
In the first quarter of 2015, Eastern Visayas posted the most favorable trade balance at PHP13.56 billion. Other regions which had a billion mark positive trade balances were NCR (PHP12.75 billion); Central Luzon (PHP10.72 billion); Northern Mindanao (PHP5.20 billion); Western Visayas, (PHP1.64 billion) and ARMM (PHP47.267 million). On the other hand, Caraga suffered an unfavorable trade balance of negative PHP21.57 billion. Other regions with a billion mark negative trade balances were CALABARZON (PHP5.62 billion); Zamboanga Peninsula (PHP5.56 billion); MIMAROPA (PHP3.74 billion); Central Visayas (PHP2.15 billion); Bicol Region (PHP1.65 billion); Ilocos Region (PHP1.62 billion); Davao Region (PHP1.13 billion); SOCCSKSARGEN (PHP808.546 million) and Cagayan Valley (PHP80.240 million).
Notes:
- Commodity flow or domestic trade refers to the flow of commodities through the water, air and rail transport systems in the country.
Data on the inflow and outflow of commodities in the different regions of the country are used to construct interregional and inter-industry relation tables. These serve as bases in the formulation and implementation of various regional development programs like countryside development and port planning.
2. DOMSTAT reports from the following provinces/cities were not yet received as of June 15, 2015, thus, were not included in this special release:
-
-
a. Romblon
-
Coastwise
(March 2015)
b. Misamis Occidental
-
Coastwise
(January to March 2015)
c. Sulu
-
Coastwise
(January to March 2015)
d. Tawi-Tawi
-
Coastwise
(January to March 2015)
-
- 3. As of first quarter of 2015, Philippine National Railways (PNR) has no rail transaction.
Source: Philippine Statistics Authority
Manila, Philippines
