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.
Quantity of domestic trade increases, value declines
The total quantity of domestic trade transactions in the third quarter of 2010 increased by 7.3 percent, resulting to 4.50 million tons from 4.19 million tons reported during the same period of last year. The commodities were traded mostly through water comprising 99.7 percent and 99.8 percent in the third quarter of 2009 and 2010, respectively.
On the other hand, the total value of commodities flowed within the country decreased by 2.4 percent from PhP96.53 billion in the third quarter of 2009 to PhP94.22 billion in the same period of 2010. Trade transaction through water was the major mode of transport comprising 99.0 percent in the third quarter of 2009 and 99.3 percent in the same period of the current year. (See Table1)
Food and live animals dominates total domestic trade value
Food and live animals contributed the largest among the commodities that were transacted throughout the country in the third quarter of 2010, amounting to PhP25.84 billion (27.4%). This was followed by machinery and transport equipment with PhP22.17 billion (23.5%) and mineral fuels, lubricants and related materials followed with PhP15.94 billion (16.9%). Animal and vegetable oils, fats and waxes shared the least value of PhP1.84 billion (2.0%). (See Table 1)
Likewise, food and live animals dominated the domestic trade in the third quarter of 2009, with a share of 28.6 percent (PhP27.58 billion) of the total value. Machinery and transport equipment was second with a 19.7 percent share (PhP18.98 billion). Mineral fuels, lubricants and related materials followed with a share of 15.4 percent (PhP14.84 billion). Contributing the least value of PhP867.03 million was animal and vegetable oils, fats and waxes. (See Table 1)
Northern Mindanao accounts for the largest value of domestic trade
In the third quarter of 2010, most of the traded commodities originated from Northern Mindanao with value of domestic trade amounting to PhP15.78 billion (16.8%). Eastern Visayas was the second with PhP13.62 billion (14.5%). Central Luzon was next with PhP12.54 billion (13.3%), followed by National Capital Region (NCR) with PhP12.42 billion (13.2%). Cagayan ValleyÃƒÂ¯Ã‚Â¿Ã‚Â½s domestic trade contributed the least share among the regions with only PhP73 thousand. (See Table 2)
National Capital Region (NCR) had the highest domestic trade share at PhP26.20 billion (27.1%) during the third quarter of 2009. Western Visayas was the second with PhP13.84 billion (14.3%). Central Visayas was next with PhP12.90 billion (13.4%), followed by Central Luzon with PhP11.37 billion (11.8%). Cagayan Valley's domestic trade contributed the least share among the regions with only PhP19 thousand. (See Table 2)
Central Luzon leads the highest favorable trade balance
In the third quarter of 2010, Central Luzon posted the most favorable trade balance at PhP12.05 billion. Other regions which surpassed the billion positive trade balance were Eastern Visayas (PhP8.21 billion), Northern Mindanao (PhP7.53 billion), and SOCCSKSARGEN (PhP3.11). On the other hand, NCR suffered an unfavorable trade balance of negative PhP9.12 billion compared to positive trade balance posted for the same period last year. Other regions with more than a billion negative trade balances were Central Visayas (PhP8.77 billion), Caraga (PhP5.74 billion), Zamboanga Peninsula (PhP3.08 billion), Western Visayas (PhP2.27), and CALABARZON (PhP2.16 billion). (See Table 4)
Likewise, Central Luzon posted the most favorable balance of trade at PhP11.25 billion during the third quarter of 2009. Other regions which surpassed the billion positive trade balance were NCR (PhP6.47 billion), Eastern Visayas (PhP1.58 billion), On the other hand, Central Visayas suffered an unfavorable trade balance of negative PhP9.50 billion. Other regions with more than a billion negative trade balances were Zamboanga Peninsula (PhP2.54 billion), Caraga (PhP1.96 billion), CALABARZON (PhP1.72 billion), MIMAROPA (PhP1.42 billion) and Davao Region (PhP1.09). (See Table 4)
- DOMSTAT reports from the following provinces/cities were not yet received as of December 07, 2010, and were not included in this special release:
- Romblon - Coastwise (August & September 2010)
- Camarines Sur - Coastwise (August 2010)
- Negros Occidental - Coastwise (August & September 2010)
- Western Samar - Coastwise (July to September 2010); Air (July to September 2010)
- Agusan Del Norte - Coastwise (July & September 2010)
- Sulu - Coastwise (July to September 2010)
- Philippine National Railways (PNR) still no operation in the third quarter of 2010.
Source: National Statistics Office