The total value of commodities traded within the country rose by 7.6 percent to P119.33 billion in the fourth quarter of last year from P110.95 billion in the fourth quarter of 2009, the National Statistics Office (NSO) said Friday.
Trade transaction through water amounted to P118 billion, higher by 7.1 percent compared to P110.1 billion in 2009.
The total value of trade transaction through air amounted to P1.3 bilion in the fourth quarter last year from P840.9 million.
The NSO said food and live animals contributed the largest among the commodities that were transacted throughout the country in the fourth quarter amounting to P34.73 billion.
This was followed by machinery and transport equipment with P26.85 billion; mineral fuels, lubricants and related materials, P16.33 billion; and animal and vegetable oils, fats and waxes, P1.37 billion.
During the period, most of the traded commodities originated from Central Visayas with value of domestic trade amounting to P17.81 billion, followed by Western Visayas, P16.64 billion; Eastern Visayas, P16.62 billion; National Capital Region (NCR), P16.40 billion; and Cagayan Valley, P156,000.
NSO also said that domestic trade transactions dropped by 20.7 percent to 4.37 million tons in the fourth quarter last year from 5.51 million tons in the same period in 2009.
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