Highlights of the Domestic Trade Statistics in the Philippines Fourth Quarter 2021 (Preliminary)

Reference No.: 2022-88
Release Date: 15 March 2022

Quality and Value of Domestic Trade

A. Quantity

  1. Quantity of domestic trade dropped

The total quantity of domestic trade in the fourth quarter of 2021 was registered at 3.32 million tons. This represents a decrease of -29.5 percent, from a 19.5 percent annual increment in the previous quarter. In the same quarter of 2020, the annual decline was recorded at -9.2 percent. Almost all (99.9%) of the commodities were traded through water (coastwise), while the rest were traded through air. (Figure 1 and Table A)

Quality and Value of Domestic Trade by Mode of Transport

  1. 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 the fourth quarter of 2021 with 1.13 million tons or a share of 34.0 percent to the total. This was followed by manufactured goods classified chiefly by material with 0.71 million tons (21.3%) and commodities and transactions not elsewhere classified with 0.52 million tons (15.6%). (Figure 2 and Table 1)

Quantity of Domestic Trade for Top Three Commodity Sections

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

By region, Central Visayas (Region VII) registered the highest quantity of traded commodities with 1.47 million tons or 44.2 percent share to the total in the fourth quarter of 2021. This was followed by Bicol Region (Region V) with a quantity of 0.49 million tons (14.7%) and Northern Mindanao (Region X) with 0.32 million tons (9.5%). (Figure 3 and Table 2)

Quantiy of Domestic Trade for Top Three Regions

B. Value

  1. Value of domestic trade fall

Domestic trade value is the outflow value which refers to the value of commodities that goes out from a specified region/province to another region/province.

The total value of domestic trade in the fourth quarter of 2021 amounted to PhP 105.86 billion. This indicates a decrease of -36.4 percent from the PhP 166.52 billion value of domestic trade in the same period of 2020.

By mode of transport, the total value of traded commodities through water accounted for almost all (99.9%) of the total commodities that flow within the country, while the remaining were traded through air. (Figure 4 and Table 1)

Value of Domestiv Trade by Mode of Transport

  1. Machinery and transport equipment topped in terms of the value of traded commodities with PhP 32.49 billion or 30.7 percent share to the total. This was followed by manufactured goods classified chiefly by material valued at PhP 24.92 billion (23.5%), and food and live animals which amounted to PhP 23.85 billion (22.5%). (Figure 5 and Table 1)

Value of Domestiv Trade for Top Three Commodity Sections

  1. Eastern Visayas recorded the highest value of traded commodities

Among the regions, Eastern Visayas (Region VIII) ranked first with a total value of traded commodities of PhP 23.61 billion or 22.3 percent share to the total in the fourth quarter of 2021. Central Visayas (Region VII) came next with traded commodities amounted to PhP 22.71 billion (21.5%), followed by Northern Mindanao (Region X) with PhP 18.67 billion (17.6%). (Figure 6 and Table 2)

Value of Domestic Trade for Top Three Regions

  1. Caraga led in terms of inflow value

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

By region, Caraga (Region XIII) posted the highest inflow value of domestic trade at PhP 28.17 billion or 26.6 percent share to the total in the fourth quarter of 2021. This was followed by Western Visayas (Region VI) with inflow value of PhP 15.23 billion (14.4%) and Central Visayas (Region VII) with PhP 14.58 billion (13.8%). On the other hand, Central Luzon (Region III) had the lowest inflow value which amounted to PhP 86.0 million. (Figure 7 and Table 3)

Inflow Value of Top Three Regions

  1. Eastern Visayas logged the highest trade balance

The trade balance is the difference between the outflow value and inflow value.

The top three regions with favorable (positive) trade balances in the fourth quarter of 2021 were the following:

  1. Eastern Visayas, PhP 12.78 billion;
  2. Northern Mindanao, PhP 9.62 billion; and
  3. Central Visayas, PhP 8.13 billion.
    (Figure 8 and Table 3)

On the other hand, top three regions with unfavorable (negative) trade balances in the fourth quarter of 2021 were the following:

  1. Caraga, PhP -24.29 billion;
  2. Zamboanga Peninsula, PhP -6.29 billion; and
  3. MIMAROPA Region, PhP -1.71 billion. (Table 3)

Trade Balances for Top Three Regions

 

DENNIS S. MAPA, Ph.D.
Undersecretary
National Statistician and Civil Registrar General

 

EXPLANATORY NOTES

 

Overview

Commodity flow or domestic trade statistics is a compilation of data on commodities carried through air, rail, and water transport systems within a given country. However, in the Philippines, the Philippine Statistics Authority (PSA) compiles domestic trade carried through air and water only.

Data on the inflow and outflow of commodities in the different regions of the country are used to construct inter-regional and inter-industry relational tables. These serve as bases in the formulation and implementation of various regional development programs like countryside development and port planning.

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.

Scope and Coverage

Domestic trade statistics contained in this report pertain to the flow of goods through airports and seaports in the country, whether for government or private use, or commercial purposes. It covers air trade and coastwise trade.

Goods and/or commodities that are excluded in the compilation of domestic data are the following:

  1. Goods transported by vessels of the Philippine Navy;
  2. Fish and other marine products unloaded in fishing ports;
  3. Fish and other marine products landed directly from the sea; and
  4. Logistic goods intended for the vessel and the crew.

Sources of Data

The source documents for the coastwise trade statistics are the coasting manifests and coastwise passenger manifests from major ports and other active seaports listed by the Philippine Ports Authority (PPA) all over the country.  Air waybills, on the other hand, is the source document for air trade statistics issued by Philippine Airlines to every consignee.

Processing

All copies of documents are compiled and processed by the Provincial Statistical Offices (PSO) of PSA. The PSO submits monthly data files to the Central Office (CO) not later than one month after the reference month.

Final data review of the data files, generation of statistical tables, and preparation of Special Releases are done at the CO, particularly in the Trade Statistics Division (TSD) of the Economic Sector Statistics Service.

Dissemination and Revision

Quarterly Special Releases on domestic trade statistics are published two months after the reference quarter at the PSA website (www.psa.gov.ph) and at the OpenSTAT (openstat.psa.gov.ph).

All documents received after the cut-off date are included in the generation of the revised results.  The revised data of the previous quarter are reported during the release of the preliminary report of the next quarter. Revisions are made for the previous quarters until the annual report is released four months after the reference year.

Data requests on domestic trade statistics are available at TSD with telephone number (02) 8376-19-75 and email address tsd.staff@psa.gov.ph.

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