Quantity of domestic trade rises
The total quantity of domestic trade during the third quarter of 2019 increased to 5.09 million tons or by 0.8 percent from the 5.05 million tons recorded in the third quarter of 2018. Almost all or 99.8 percent of the commodities were traded through water (coastwise) while the remaining commodities were through air. (Figure 1 and Table 1)
By commodity section, food and live animals was the highest in terms of quantity of domestic trade in the third quarter of 2019 with 1.19 million tons or 23.4 percent share to total. It was followed by mineral fuels, lubricants and related materials and manufactured goods classified chiefly by material with 0.90 million tons (17.7%) and 0.80 million tons (15.7%), respectively. (Figure 2 and Table 1)
Regionwise, NCR registered the highest quantity of traded commodities of 1.17 million tons or 22.9 percent share to total in the third quarter of 2019. Central Luzon ranked second with 0.83 million tons (16.4%) and Bicol Region placed third with quantity of 0.66 million tons (12.9%). (Figure 3 and Table 2)
Value of domestic trade grows
Domestic trade value is equal to the outflow value which refers to the value of commodities that goes out from a specified region or province.
The total value of domestic trade during the third quarter of 2019 totaled to PhP 204.53 billion. This represents a 20.1 percent increase from the PhP 170.33 billion value recorded in the third quarter of 2018. (Figure 4 and Table 1)
Machinery and transport equipment led in terms of value of traded commodities with PhP 62.15 billion or 30.4 percent share to total. It was followed by food and live animals and manufactured goods classified chiefly by material with values of PhP 51.58 billion or 25.2 percent and PhP 25.94 billion or 12.7 percent, respectively. (Figure 5 and Table 1)
Among the regions, NCR ranked first with value of PhP 77.48 billion or 37.9 percent share to total value of domestic trade in the third quarter of 2019. Western Visayas ranked second with PhP 31.9 billion or 15.6 percent and Eastern Visayas placed third with value of PhP 28.70 billion or 14.0 percent. (Figure 6 and Table 2).
Central Visayas topped in terms of inflow value
Inflow refers to the total value of commodities that comes in to the specified region or province.
By region, Central Visayas registered the highest inflow value of PhP 51.02 billion or 24.9 percent share to total inflow value of domestic trade. It was followed by Western Visayas and Caraga with inflow values of PhP 32.82 billion (16.0%) and PhP 32.41 billion (15.8%), respectively. Cagayan Valley, on the other hand, had the lowest inflow value of PhP 4.12 thousand. (Figure 7 and Table 3)
NCR registered the highest trade balance
Trade balance is the difference between the inflow value and outflow value, that is, outflow minus inflow.
The top three regions with favorable (positive) trade balances were the following:
- NCR, PhP 61.37 billion;
- Eastern Visayas, PhP 16.73 billion; and
- Bicol Region, PhP 6.33 billion. (Figure 8)
Central Visayas, on the other hand, had the highest unfavorable (negative) trade balance value of PhP42.02 billion. (Table 3)
ROSALINDA P. BAUTISTA
Deputy National Statistician
Sectoral Statistics Office
Commodity flow or domestic trade statistics is a compilation of data on commodities carried through land, air, rail, and water transport systems in a given country. However in the Philippines, the Philippine Statistics Authority (PSA) compiles domestic trade carried through air and water only.
The PSA compiles domestic trade statistics from coasting manifests and coastwise passenger manifests from major ports and other active seaports listed by the Philippine Ports of Authority (PPA) all over the country. It also collects air waybills from Philippine Airlines (PAL) as source of domestic trade statistics from air.
Data on the inflow and outflow of commodities in the different regions of the country are used to construct inter-regional and inter-industry relation tables.
All copies of documents are compiled and processed by the Provincial Statistical Offices of PSA. Final data review of the data files, generation of statistical tables, and preparation of Special Releases are done at the Central Office, particularly in the Trade Statistics Division (TSD) of the Economic Sector Statistics Service.
The 1993 Philippine Standard Commodity Classification (PSCC) Revision 2 is used to classify the commodities at the 5-digit level (item) for coastwise statistics and 3-digit level (group) for air statistics.
All documents received as of 15 December 2019 are processed and included in the generation of 2019 third quarter statistical tables. Documents received after the set deadline are included in the annual Special Release which is published 9 months after the reference year and in the publication (e-book) 12 months after the reference year.
Detailed data on domestic trade statistics are available at the TSD with telephone number (02) 8376-19-75.
Limitations of Domestic Trade Statistics
Domestic trade statistics contained in this report pertains to the flow of goods through airports and seaports in the country, whether for government or private use, or for commercial purposes. Domestic trade through land is excluded because of the absence of an approach to capture data in the archipelagic island of the country. Moreover, starting 2007, data on rail transport are also excluded.
Air waybills, on the other hand, are collected only from PAL which accounted for transactions that passes through all airports covered by PAL.
Goods and/or commodities that are excluded in the compilation of data are the following:
a. Goods transported by vessels of the Philippine Navy;
b. Fish and other marine products landed directly from the sea;
c. Service cargoes for consumption by vessel crew;
d. Cadaver; and
e. Vessels not carrying any cargo/passenger, wherein the vessel master indicates "NIL CARGO / PASSENGER" in the coasting manifest or passenger documents.