Value of domestic trade reaches P307.76 billion

In 1997, the total value of merchandise goods traded within the country amounted to P307.76 billion, posting a slight increase of 1.2 percent from P304.06 billion recorded in the previous year. The quantity also jumped to 26.54 million tons from 1996?s 25.46 million tons.

Volumewise, majority of the traded commodities was composed mainly of mineral fuels, lubricants and related materials with 8.09 million tons or 30.5 percent of the total. Manufactured goods classified chiefly by materials followed at 7.58 million tons (28.6 percent) and food and live animals at 5.02 million tons (18.9 percent).

Domestic trade at P289.58 billion

The value of domestic trade for the year 1999 dwindles to P289.58 billion representing 4.3 percent decrease from P302.50 billion recorded last year. While quantity also registered a decline of 2.6 percent from 22.14 million tons to 21.56 million tons.

Among the major commodities that flowed through the various parts of the country, food and live animals accounted for more than one-third (P104.17 billion or 36.0 percent) of the total value; followed by mineral fuels, lubricants and related materials with P53.22 billion (18.4 percent). While animal and vegetable oils, fats and waxes registered the least value of P2.70 billion (0.9 percent) only.

Total value of domestic trade in 2001 amounted to P338.90 billion, higher by 25.2 percent from the P270.75 billion reported in the year 2000. Quantity traded, however, recorded 19.6 million tons, an increase of 17.6 percent compared to the previous year?s figure of 16.7 million tons. Commodities were mostly traded via water, with value and quantity comprising 99.2 percent and 99.7 percent, respectively.