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

Reference No.: 2020-244
Release Date: 28 August 2020

Quantity

1. Quantity of domestic trade decreases

The total quantity of domestic trade during the second quarter of 2020 was recorded at 1.80 million tons. This represents a drop of 77.8 percent from the 8.11 million tons volume of domestic trade posted in the same quarter of 2019. Almost all (99.98%) of the commodities were traded through water (coastwise). On the other hand, the total quantity of commodities traded through air merely made up 0.02 percent of the total. (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 second quarter of 2020 with 0.65 million tons or a share of 36.4 percent to total. It was followed by commodities and transactions not elsewhere classified in the Philippine Standard Commodity Classification (PSCC); and manufactured goods classified chiefly by material with 0.33 million tons (18.2%) and 0.29 million tons (16.3%), respectively. (Figure 2 and Table 1)

Figure 2

3. Northern Mindanao registers the highest quantity of traded commodities

By region, Northern Mindanao still recorded the highest quantity of traded commodities of 0.66 million tons or 36.5 percent share to total in the second quarter of 2020. Western Visayas ranked second with a quantity of 0.34 million tons (18.8%) and Bicol Region placed third with 0.27 million tons (15.2%). (Figure 3 and Table 2)

Figure 3

Value

4. Value of domestic trade declines

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 during the second quarter of 2020 totaled to PhP 65.12 billion. This indicates a contraction of 69.1 percent from the PhP 211.01 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 (99.996%) of the total commodities that flow in the country, while the remaining were traded through air. (Figure 4 and Table 1)

Figure 4

5. Food and live animals leads in value of traded commodities

Food and live animals led in terms of value of traded commodities with PhP 21.86 billion or 33.6 percent share to total. It was followed by machinery and transport equipment; and manufactured goods classified chiefly by material with corresponding values of PhP 14.24 billion (21.9%) and PhP 12.44 billion (19.1%). (Figure 5 and Table 1)

Figure 5

6. Western Visayas records the highest in value of traded commodities

Among the regions, Western Visayas ranked first with a total value of traded commodities of PhP 18.98 billion or 29.2 percent share to the total in the second quarter of 2020. Northern Mindanao and Eastern Visayas came next with corresponding domestic trade values of PhP 16.66 billion (25.6%) and PhP 7.79 billion (12.0%). (Figure 6 and Table 2)

Figure 6

7. Western Visayas leads in terms of inflow value

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

By region, Western Visayas posted the highest inflow value of PhP 14.94 billion or 22.9 percent share to total inflow value of domestic trade in the second quarter of 2020. It was followed by Central Visayas and Caraga with inflow values of PhP 11.11 billion (17.1%) and PhP 9.67 billion (14.9%), respectively. Cagayan Valley, on the other hand, had the lowest inflow value (PhP 2.55 million). (Figure 7 and Table 3)

Figure 7

8. Northern Mindanao registers the highest trade balance

Trade balance is the difference between the outflow value and inflow value, that is, outflow minus inflow. 

The top three regions with favorable (positive) trade balances in the second quarter of 2020 were the following:

a. Northern Mindanao, PhP 13.51 billion;
b. Western Visayas, PhP 4.04 billion; and
c. Eastern Visayas, PhP 2.07 billion.

On the other hand, National Capital Region had the highest unfavorable (negative) trade balance value of PhP 8.33 billion. (Figure 8 and Table 3)

Figure 8

 

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 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 and coastwise trade.

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

a. Goods transported by vessels of the Philippine Navy;
b. Fishing ports;
c. Fish and other marine products landed directly from the sea;
c. Logistic goods intended for the vessel and the 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.

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 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) 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 CO, 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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