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Aklan’s domestic trade reaches 17,000 MT in 2016

Aklan’s total volume of domestic trade transactions in 2016 reached to 17, 231 metric tons, slid by 10 percent compared to the transaction reported in 2015 with 19, 177 metric tons.
Similarly, the total value of commodities that flowed within the province decreased by 5 percent from P698.7 million in 2015 to P660.5 million in 2016. 
Most of the transaction were traded through water comprising of 99 percent, and the remaining one percent were done via air.
 
Cargoes which were transported include among others passenger buses, 6-10 wheeler trucks, motorcycles, SUVs, AUVs, heavy equipment vehicle, scrap materials, fish (fresh and dry) and other marine products, abaca, charcoal, household appliances, furniture, copra, rice and other food items, live animals and other domestic products.
Transaction was highest in the 2nd quarter of 2016 with 8, 900 MT, while the 3rd quarter has the lowest with 1, 999 MT. 
 
However, the highest value of transaction was apparent in the 3rd quarter of 2016 with P321.1 million, while the 1st quarter has the lowest with P60.9 million.
Air transaction went up by 17 percent from 150 MT in 2015 to 175 MT in 2016. However, its value went down by 19 percent from P3.5 million to P2.8 million in 2016.
 
On the other hand, transaction through water declined by 10 percent from 19, 027 MT in 2015 to 17, 056 MT 2016. Similarly, the value slid by 5 percent from P695.2 million to P657.6 million. 
According to Provincial Statistics Officer Antonet Catubuan, the domestic trade statistics were compiled from copies of coasting manifests and coastwise passenger manifest collected from Philippine Ports Authority and copies of airway bills from Philippine Airlines.  
 
PSO Catubuan said that data on the inflow and outflow of commodities are used as basis in the formulation and implementation of programs like countryside development and port planning.
 

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