Highlights of the Domestic Trade Statistics in the Philippines First Quarter 2020 (Preliminary)

Reference Number: 

2020-203

Release Date: 

Friday, August 14, 2020

Quantity

1. Quantity of domestic trade decreases

The total quantity of domestic trade during the first quarter of 2020 was recorded at 4.38 million tons. This represents a drop of 33.9 percent from the 6.62 million tons volume of domestic trade in the same quarter a year ago. Almost all (99.9%) of the commodities were traded through water (coastwise) and the remaining were through air. (Figure 1 and Table 1)

Figure 1

 

 

2. Food and live animals tops in quantity of domestic trade

By commodity section, food and live animals topped in terms of quantity of domestic trade in the first quarter of 2020 with 1.60 million tons or a share of 36.6 percent to total.

It was followed by commodities and transactions not classified elsewhere in the Philippine Standard Commodity Classification (PSCC) and manufactured goods classified chiefly by material with 0.69 million tons (15.7%) and 0.61 million tons (14.1%), respectively. (Figure 2 and Table 1)

Figure 2

3. MIMAROPA registers the highest quantity of traded commodities

By region, MIMAROPA registered the highest quantity of traded commodities of 0.90 million tons or 20.6 percent share to total in the first quarter of 2020. Bicol Region ranked second with a quantity of 0.64 million tons (14.6%) and Central Visayas placed third with 0.57 million tons (12.9%). (Figure 3 and Table 2)

Figure 3

Value

4. Value of domestic trade declines

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 first quarter of 2020 totaled to PhP 125.31 billion, a contraction of 42.7 percent from the PhP 218.53 billion value of domestic trade recorded in the same period of 2019.

By mode of transport, the total value of commodities traded through water accounted for almost all of the total commodities that flow in the country. On the other hand, the total value of commodities traded through air merely made up 0.04 percent of the total. (Figure 4 and Table 1)

Figure 4

 

5. Machinery and transport equipment lead in value of traded commodities

Machinery and transport equipment led in terms of value of traded commodities with PhP 44.94 billion or 35.9 percent share to total. It was followed by food and live animals and manufactured goods classified chiefly by material with corresponding values of PhP 29.62 billion (23.6%) and PhP 14.32 billion (11.4%). (Figure 5 and Table 1)

Figure 5

 

6. Western Visayas ranks first in terms of value of traded commodities

Among the regions, Western Visayas ranked first with a value of PhP 27.92 billion or 22.3 percent share to the total value of domestic trade in the first quarter of 2020. Came next were Eastern Visayas with a value of PhP 24.42 billion (19.5%) and Central Visayas, PhP 16.48 billion (13.2%). (Figure 6 and Table 2)

Figure 6

7. Northern Mindanao leads in terms of inflow value

Inflow refers to the total value of commodities that comes into the specified region or province.

By region, Northern Mindanao posted the highest inflow value of PhP 36.38 billion or 29.0 percent share to total inflow value of domestic trade in the first quarter of 2020. It was followed by Central Visayas and Western Visayas with inflow values of PhP 23.43 billion (18.7%) and PhP 18.65 billion (14.9%), respectively. Caraga, on the other hand, had the lowest inflow value of PhP 0.41 billion. (Figure 7 and Table 3)

8. Eastern Visayas registers 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 in the first quarter of 2020 were the following:

a. Eastern Visayas, PhP 11.70 billion;
b. Western Visayas, PhP 9.27 billion; and
c. Bicol Region, PhP 7.17 billion.

Northern Mindanao, on the other hand, had the highest unfavorable (negative) trade balance value of PhP 24.84 billion. (Figure 8 and Table 3)

Figure 8

 

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

 


 

EXPLANATORY NOTES

 

  1. Overview

    Commodity flow or domestic trade statistics is a compilation of data on commodities carried through 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.

    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. 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 pertains to the flow of goods through airports and seaports in the country, whether for government or private use or for commercial purposes. It covers air trade, coastwise trade and passenger.

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

    1. Goods transported by vessels of the Philippine Navy;
    2. Fishing ports;
    3. Fish and other marine products landed directly from the sea;
    4. Logistic goods intended for the vessel and the crew;
    5. Cadaver; and
    6. Vessels not carrying any cargo/passenger, wherein the vessel master indicates "NIL CARGO/ PASSENGER" in the coasting manifest or passenger documents.

    Data Source

    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 all over the country. It also collects air waybills from domestic airlines in the country as source of domestic trade statistics from air.

    Air waybills, on the other hand, are collected only from domestic airlines which accounted for transactions that pass through all domestic airports in the country.

    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 Trade Statistics Division (TSD) on or before the 30th day of the month.

    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 TSD of the Economic Sector Statistics Service.

    Dissemination

    Domestic trade data files received after the set deadline of quarterly releases are all included in the Special Release which is published two months after the reference quarter.

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

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